Altera Infrastructure Plans to announce Second Quarter 2022 Earnings Results

Rhea-AI Summary

Altera Infrastructure L.P. plans to release its financial results for the Second Quarter of 2022 on August 4, 2022, after market close. The company, focused on energy infrastructure services, operates critical offshore assets in regions including the North Sea and Brazil. Altera boasts approximately $3.8 billion in consolidated assets, including 44 offshore assets like FPSO units and shuttle tankers. The majority of its fleet is secured through medium-term, stable contracts. Altera's preferred units trade under the symbols ALIN PRA, ALIN PRB, and ALIN PRE.

Positive

• Consolidated assets valued at approximately $3.8 billion.
• Majority of fleet is contracted for medium-term stability.

Negative

• None.

ABERDEEN, United Kingdom, Aug. 03, 2022 (GLOBE NEWSWIRE) -- Altera Infrastructure L.P. (NYSE: “ALIN PRA”, “ALIN PRB” and “ALIN PRE”) plans to release its financial results for the Second Quarter of 2022 after market close on Thursday, August 4, 2022.

About Altera Infrastructure L.P.

Altera Infrastructure L.P. is a leading global energy infrastructure services partnership primarily focused on the ownership and operation of critical infrastructure assets in offshore oil regions of the North Sea, Brazil and the East Coast of Canada.

Altera Infrastructure has consolidated assets of approximately $3.8 billion, comprised of 44 offshore assets, including floating production, storage and offloading (FPSO) units, shuttle tankers, floating storage and offtake (FSO) units, long-distance towing and offshore installation vessels and a unit for maintenance and safety (UMS). The majority of Altera Infrastructure’s fleet is employed on medium-term, stable contracts. Affiliates of global asset manager Brookfield Business Partners L.P. (NYSE: BBU) (TSX: BBU.UN) own 100 percent of Altera Infrastructure’s general partner.

Altera Infrastructure’s preferred units trade on the New York Stock Exchange under the symbols “ALIN PRA”, “ALIN PRB” and “ALIN PRE”, respectively.

For Investor Relations enquiries, please contact:

Jan Rune Steinsland, Chief Financial Officer
Tel: +47 97052533
E-mail: investor.relations@alterainfra.com
Website: www.alterainfra.com

FAQ

When will Altera Infrastructure release its Q2 2022 financial results?

Altera Infrastructure will release its Q2 2022 financial results on August 4, 2022.

What is the asset value of Altera Infrastructure?

Altera Infrastructure has consolidated assets valued at approximately $3.8 billion.

What offshore regions does Altera Infrastructure operate in?

Altera Infrastructure operates in the North Sea, Brazil, and the East Coast of Canada.

What are the stock symbols for Altera Infrastructure's preferred units?

The stock symbols for Altera Infrastructure's preferred units are ALIN PRA, ALIN PRB, and ALIN PRE.