NASDAQ:ALTM Altus Midstream (ALTM) Stock Price, News & Analysis Notice: This company has been marked as potentially delisted and may not be actively trading. Add Compare Share Share Today's Range$2.19▼$2.3350-Day Range$31.88▼$62.3552-Week Range$49.69▼$91.00Volume13.61 million shsAverage Volume12.26 million shsMarket Capitalization$2.43 billionP/E Ratio2.17Dividend YieldN/APrice Target$5.37 Stock AnalysisStock AnalysisAnalyst ForecastsCompetitorsDividendEarningsHeadlinesInsider TradesOptions ChainOwnershipTrendsStock AnalysisAnalyst ForecastsCompetitorsDividendEarningsHeadlinesInsider TradesOptions ChainOwnershipTrends Get Altus Midstream alerts: Email Address Altus Midstream MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside137.7% Upside$5.37 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews Sentiment0.00Based on 2 Articles This WeekInsider TradingAcquiring Shares$16,150 Bought Last QuarterProj. Earnings Growth9.09%From $0.22 to $0.24 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.59 out of 5 starsBasic Materials Sector84th out of 182 stocksIndustrial Inorganic Chemicals Industry4th out of 9 stocks 4.2 Analyst's Opinion Consensus RatingAltus Midstream has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 4 buy ratings, 9 hold ratings, and 1 sell rating.Amount of Analyst CoverageAltus Midstream has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Altus Midstream's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for ALTM. Previous Next 0.0 Dividend Strength Dividend YieldAltus Midstream does not currently pay a dividend.Dividend GrowthAltus Midstream does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ALTM. Previous Next 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 2 news articles for Altus Midstream this week, compared to 1 article on an average week.Search InterestOnly 16 people have searched for ALTM on MarketBeat in the last 30 days. This is a decrease of -27% compared to the previous 30 days.MarketBeat Follows3 people have added Altus Midstream to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Altus Midstream insiders have bought more of their company's stock than they have sold. Specifically, they have bought $16,150.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.39% of the stock of Altus Midstream is held by insiders.Percentage Held by InstitutionsOnly 27.00% of the stock of Altus Midstream is held by institutions.Read more about Altus Midstream's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Altus Midstream are expected to grow by 9.09% in the coming year, from $0.22 to $0.24 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Altus Midstream is 2.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.95.Price to Earnings Ratio vs. SectorThe P/E ratio of Altus Midstream is 2.17, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 115.72.Price to Book Value per Share RatioAltus Midstream has a P/B Ratio of 0.34. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Altus Midstream's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Sasco Gold LLCSay Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late... [RUSH MY FREE GUIDE] About Altus Midstream Stock (NASDAQ:ALTM)Altus Midstream Co. engages in the ownership of gas gathering, processing, and transmission assets. It focuses on the Permian Basin of West Texas. The company was founded on December 12, 2016 and is headquartered in Houston, TX.Read More Ad Sasco Gold LLCSay Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late... [RUSH MY FREE GUIDE] ALTM Stock News HeadlinesSeptember 4, 2024 | prnewswire.comArcadium Lithium Suspends Stage 4A Waste Stripping at Mt Cattlin and Plans to Transition Site to Care & Maintenance by Mid-2025September 4, 2024 | prnewswire.comArcadium Lithium Publishes 2023 Sustainability ReportSeptember 8, 2024 | Sasco Gold LLC (Ad)Say Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late... August 20, 2024 | prnewswire.comArcadium Lithium to Host Investor Day on September 19, 2024August 11, 2024 | investorplace.comThe 7 Best Under $10 Stocks to Buy in August 2024August 7, 2024 | markets.businessinsider.comAltus Midstream Company Registered A is about to announce its earnings — here's what to expectAugust 6, 2024 | prnewswire.comArcadium Lithium Releases Second Quarter 2024 ResultsAugust 6, 2024 | investorplace.com3 Lithium Stocks to Buy At Depressed Valuations for Multibagger ReturnsSeptember 8, 2024 | Sasco Gold LLC (Ad)Say Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late... July 20, 2024 | investorplace.com7 Lithium Stocks to Buy Now: Q3 EditionJuly 18, 2024 | investorplace.com7 Solid-State Battery Stocks Charging Up for GainsJuly 16, 2024 | investorplace.com3 Lithium Stocks That Could Grow Your WealthJuly 15, 2024 | 247wallst.comThese 3 Penny Stocks Are Making Big Moves in JulyJuly 11, 2024 | prnewswire.comArcadium Lithium Announces Date for Second Quarter 2024 Earnings Release and Webcast Conference CallJuly 9, 2024 | investorplace.comThe 3 Best Lithium Stocks to Buy in July 2024July 6, 2024 | investorplace.comThe 7 Best Under $10 Stocks to Buy in July 2024July 2, 2024 | investorplace.comYou've Been Warned! 7 Lithium Stocks to Buy Now or Regret Forever.June 26, 2024 | fool.comWhy Arcadium Lithium Stock Just Popped 10%See More Headlines Receive ALTM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Altus Midstream and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/06/2024Today9/08/2024Next Earnings (Estimated)10/29/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBasic Materials Industry Industrial inorganic chemicals Sub-IndustryN/A Current SymbolNASDAQ:ALTM CUSIPN/A CIK1692787 Webwww.altusmidstream.com Phone(713) 296-6000FaxN/AEmployees1,439Year FoundedN/APrice Target and Rating Average Stock Price Target$5.37 High Stock Price Target$9.00 Low Stock Price Target$3.00 Potential Upside/Downside+137.7%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage15 Analysts Profitability EPS (Most Recent Fiscal Year)$1.04 Trailing P/E Ratio2.17 Forward P/E Ratio10.27 P/E GrowthN/ANet Income$330.10 million Net Margins24.91% Pretax Margin38.40% Return on Equity6.51% Return on Assets4.65% Debt Debt-to-Equity Ratio0.08 Current Ratio2.26 Quick Ratio1.56 Sales & Book Value Annual Sales$882.50 million Price / Sales2.75 Cash Flow$1.97 per share Price / Cash Flow1.15 Book Value$6.59 per share Price / Book0.34Miscellaneous Outstanding Shares1,075,400,000Free Float1,071,018,000Market Cap$2.43 billion OptionableOptionable Beta1.63 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.Get This Free Report Key ExecutivesJon William SauerChairman & Senior Vice PresidentDavid Clay BretchesPresident, Chief Executive Officer & DirectorBryan GrahamVice President-OperationsBen C. RodgersChief Financial Officer, Treasurer & DirectorJim VirginilloVice President-Engineering & TechnologyKey CompetitorsMinerals TechnologiesNYSE:MTXRattler MidstreamNASDAQ:RTLRTronoxNYSE:TROXArchrockNYSE:AROCKronos WorldwideNYSE:KROView All CompetitorsInsiders & InstitutionsTeachers Retirement System of The State of KentuckySold 72,729 shares on 8/26/2024Ownership: 0.033%Truist Financial CorpSold 13,404 shares on 8/21/2024Ownership: 0.003%Kimelman & Baird LLCBought 22,503 shares on 8/19/2024Ownership: 0.002%Algert Global LLCBought 108,227 shares on 8/16/2024Ownership: 0.010%Northwestern Mutual Wealth Management Co.Bought 26,142 shares on 8/16/2024Ownership: 0.007%View All Insider TransactionsView All Institutional Transactions ALTM Stock Analysis - Frequently Asked Questions How were Altus Midstream's earnings last quarter? Altus Midstream (NASDAQ:ALTM) released its quarterly earnings data on Tuesday, August, 6th. The company reported $0.05 EPS for the quarter, meeting analysts' consensus estimates of $0.05. Altus Midstream's quarterly revenue was up 8.1% on a year-over-year basis. When did Altus Midstream's stock split? Shares of Altus Midstream reverse split on 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 market closes on Tuesday, June 30th 2020. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split. Who are Altus Midstream's major shareholders? Top institutional investors of Altus Midstream include Bank of New York Mellon Corp (1.11%), Van ECK Associates Corp (1.00%), Dimensional Fund Advisors LP (0.89%) and Principal Financial Group Inc. (0.75%). Insiders that own company stock include Pablo Marcet, John Stephen Morris Turner and D Clay Bretches. View institutional ownership trends. 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