Altus Midstream Stock Forecast, Price & News

Altus Midstream (NASDAQ:ALTM) Frequently Asked Questions

How has Altus Midstream's stock price been impacted by COVID-19 (Coronavirus)?

Altus Midstream's stock was trading at $20.40 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ALTM shares have increased by 208.6% and is now trading at $62.95.
View which stocks have been most impacted by COVID-19.

When is Altus Midstream's next earnings date?

Altus Midstream is scheduled to release its next quarterly earnings announcement on Thursday, February 24th 2022.
View our earnings forecast for Altus Midstream.

How were Altus Midstream's earnings last quarter?

Altus Midstream (NASDAQ:ALTM) posted its quarterly earnings data on Thursday, November, 4th. The company reported $1.26 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.28 by $0.02. The company had revenue of $34.55 million for the quarter. Altus Midstream had a negative trailing twelve-month return on equity of 20.25% and a net margin of 69.18%.
View Altus Midstream's earnings history.

How often does Altus Midstream pay dividends? What is the dividend yield for Altus Midstream?

Altus Midstream declared a quarterly dividend on Tuesday, November 2nd. Shareholders of record on Tuesday, November 30th will be paid a dividend of $1.50 per share on Thursday, December 30th. This represents a $6.00 annualized dividend and a dividend yield of 9.53%. The ex-dividend date is Monday, November 29th.
View Altus Midstream's dividend history.

Is Altus Midstream a good dividend stock?

Altus Midstream pays an annual dividend of $6.00 per share and currently has a dividend yield of 9.43%. ALTM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Altus Midstream does not yet have a strong track record of dividend growth. The dividend payout ratio of Altus Midstream is 116.96%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Altus Midstream will have a dividend payout ratio of 187.50% in the coming year. This indicates that Altus Midstream may not be able to sustain their current dividend.
View Altus Midstream's dividend history.

When did Altus Midstream's stock split? How did Altus Midstream's stock split work?

Shares of Altus Midstream reverse split on the morning of Wednesday, July 1st 2020. The 1-20 reverse split was announced on Monday, June 29th 2020. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, June 30th 2020. An investor that had 100 shares of Altus Midstream stock prior to the reverse split would have 5 shares after the split.

Who are Altus Midstream's key executives?

Altus Midstream's management team includes the following people:

• Jon William Sauer, Chairman & Senior Vice President
• David Clay Bretches, President, Chief Executive Officer & Director (LinkedIn Profile)
• Bryan Graham, Vice President-Operations
• Ben C. Rodgers, Chief Financial Officer, Treasurer & Director
• Jim Virginillo, Vice President-Engineering & Technology

Who are some of Altus Midstream's key competitors?

Some companies that are related to Altus Midstream include EnLink Midstream (ENLC), Rattler Midstream (RTLR), USA Compression Partners (USAC), Archrock (AROC), Transportadora de Gas del Sur (TGS) and Summit Midstream Partners (SMLP).
View all of ALTM's competitors.

What is Altus Midstream's stock symbol?

Altus Midstream trades on the NASDAQ under the ticker symbol "ALTM."

How do I buy shares of Altus Midstream?

Shares of ALTM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Altus Midstream's stock price today?

One share of ALTM stock can currently be purchased for approximately $62.95.

How much money does Altus Midstream make?

Altus Midstream has a market capitalization of $1.02 billion and generates $148.41 million in revenue each year. The company earns $80.48 million in net income (profit) each year or $5.13 on an earnings per share basis.

What is Altus Midstream's official website?

The official website for Altus Midstream is www.altusmidstream.com.

Where are Altus Midstream's headquarters?

Altus Midstream is headquartered at 2000 Post Oak Boulevard Suite 100, Houston TX, 77056.

How can I contact Altus Midstream?

Altus Midstream's mailing address is 2000 Post Oak Boulevard Suite 100, Houston TX, 77056. The company can be reached via phone at (713) 296-6000 or via email at [email protected].