joining Good XXXX conference Altus us afternoon call. you and Midstream’s thank for for today third quarter
I of transaction weeks will review background Then our On the more Apache. new begin investors, and Ben customers announced a I of with agreement provide results. combination offers discuss EagleClaw with that on other we provide ago, Altus will performance financial highlighting it the two what and that information stakeholders. and and on today, our gas call a the brief operating review between business processing will
and on community. Following to the answers we sell-side that move from will questions
third Given the the But recognition. it during disclosure deserves last performance could the strong month, be achieved easily quarter overlooked. Altus made
third strong year. line release commitments guidance. that we Both make guided quarter. pipelines, to issued stable, in to joint continue performance the to metrics and steady for Processing As Venture Gathering the with businesses the Pipeline growth predictable volume we’ve the and on minimum yesterday, EBITDA contributed key news and natural to adjusted in our to annual noted continued Joint the venture our progress contribute gas all pipelines in volumes, providing the The on CapEx our cash GMP are flow. results with have
well positioned activity are pipelines returns volume liquids as basin. Our to growth for the
High were recently contribution no decline added No at proceeding reflects now with Moving our disruptions business. brought up DUCs Gathering offsetting XXXX, compared This to Gas operations. volumes natural and from about the Alpine in period. the from online material and months we three quarter were the full that the X% events had impacted Processing our other production. new processing or legacy slightly during the wells
focusing excellent team the operations job to maintaining has and Our efficiencies system an identifying operate structure, on strict necessary and responsibly. cost and safely the capturing done across discipline
income. with offset related by was costs road quarter a related non-routine higher related the in period. out to and During first weather inventory away further lease increase service compressor years, factors contributing all costs maintenance The with increases new more the than the associated the in cleanup. time are to two and main than of nature, quarter the right in A operating were repairs expenses proceeding were lease servicing These for during including the work Apache. lease third equipment, increased
dramatically. the Midstream. modified producers combination reduction cost. signed are Apache agreement for updated the these despite in announced fees with that circumstances we The original XX% and gas Importantly, and from costs with the And The Apache processing gas third-party we year-over-year month, terms, when existing market. higher a outdated business midstream with our a attract ability new quarter, have new existed contains both that Last changed on to operating processing current volumes remain our the and during our customer companies. EagleClaw impacted track signed more processing consistent new agreement for was agreement
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As the seek and third-party to opportunities compete grow continued new to opportunities. business evolved, for we
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Altus will processor success. the basin a Permian. create EagleClaw midstream in in the The scale combination Basin. gas combination of and become pure-play Our necessary capabilities in the largest for company and Delaware Permian the will largest operational third It long-term largest and provides the
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