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Alta Mesa Resources Stock Price, Forecast & Analysis (NASDAQ:AMR)

$0.08
0.00 (0.00 %)
(As of 10/24/2019)
Today's Range
$0.08
Now: $0.08
$0.08
50-Day Range
$0.04
MA: $0.07
$0.08
52-Week Range
$0.06
Now: $0.08
$4.51
VolumeN/A
Average Volume4.68 million shs
Market Capitalization$30.61 million
P/E RatioN/A
Dividend YieldN/A
Beta1.52
Alta Mesa Resources, Inc focuses on the acquisition and development of unconventional oil and natural gas reserves in the Anadarko Basin. It also offers midstream energy services, including crude oil and gas gathering, processing, and marketing to producers of natural gas, natural gas liquids, crude oil, and condensate in the STACK Play region of Oklahoma. Read More…

Industry, Sector and Symbol

Industry Holding & other investment offices
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNASDAQ:AMR
CUSIPN/A
Phone281-530-0991

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$515.62 million
Book Value$0.57 per share

Profitability

Net Income$-1,539,560,000.00
Net Margins-276.83%

Miscellaneous

EmployeesN/A
Market Cap$30.61 million
Next Earnings DateN/A
OptionableOptionable

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Alta Mesa Resources (NASDAQ:AMR) Frequently Asked Questions

What is Alta Mesa Resources' stock symbol?

Alta Mesa Resources trades on the NASDAQ under the ticker symbol "AMR."

How will Alta Mesa Resources' stock buyback program work?

Alta Mesa Resources declared that its Board of Directors has approved a stock repurchase plan on Tuesday, August 14th 2018, which permits the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 2% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's management believes its stock is undervalued.

How were Alta Mesa Resources' earnings last quarter?

Alta Mesa Resources Inc (NASDAQ:AMR) issued its earnings results on Tuesday, November, 13th. The company reported $0.04 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.05 by $0.01. The company had revenue of $164.80 million for the quarter, compared to analysts' expectations of $130.23 million. Alta Mesa Resources had a negative return on equity of 124.33% and a negative net margin of 276.83%. The company's revenue was up 161.2% on a year-over-year basis. View Alta Mesa Resources' Earnings History.

What price target have analysts set for AMR?

3 brokerages have issued 12-month target prices for Alta Mesa Resources' shares. Their forecasts range from $6.00 to $6.50. On average, they expect Alta Mesa Resources' share price to reach $6.25 in the next twelve months. This suggests a possible upside of 7,712.5% from the stock's current price. View Analyst Price Targets for Alta Mesa Resources.

What is the consensus analysts' recommendation for Alta Mesa Resources?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alta Mesa Resources in the last year. There are currently 1 sell rating and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Alta Mesa Resources.

Has Alta Mesa Resources been receiving favorable news coverage?

Media headlines about AMR stock have trended negative recently, InfoTrie reports. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Alta Mesa Resources earned a news impact score of -2.0 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for Alta Mesa Resources.

Who are some of Alta Mesa Resources' key competitors?

What other stocks do shareholders of Alta Mesa Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Alta Mesa Resources investors own include DryShips (DRYS), Micron Technology (MU), Bank of America (BAC), Mammoth Energy Services (TUSK), Chesapeake Energy (CHK), AT&T (T), Intel (INTC), Caterpillar (CAT), Energy Transfer LP Unit (ET) and Freeport-McMoRan (FCX).

Who are Alta Mesa Resources' key executives?

Alta Mesa Resources' management team includes the folowing people:
  • Mr. David Murrell, VP of Land & Bus. Devel. (Age 57)
  • Mr. Michael Anthony McCabe, VP & Assistant Sec. (Age 63)
  • Mr. James T. Hackett, Exec. Chairman & Interim CEO (Age 65)
  • Mr. Randy L. Limbacher, Pres (Age 61)
  • Mr. John C. Regan, VP & CFO (Age 49)

How do I buy shares of Alta Mesa Resources?

Shares of AMR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Alta Mesa Resources' stock price today?

One share of AMR stock can currently be purchased for approximately $0.08.

How big of a company is Alta Mesa Resources?

Alta Mesa Resources has a market capitalization of $30.61 million and generates $515.62 million in revenue each year. View Additional Information About Alta Mesa Resources.

What is Alta Mesa Resources' official website?

The official website for Alta Mesa Resources is http://www.altamesa.net/.

How can I contact Alta Mesa Resources?

Alta Mesa Resources' mailing address is 15021 Katy Freeway Suite 400, Houston TX, 77094. The company can be reached via phone at 281-530-0991.


MarketBeat Community Rating for Alta Mesa Resources (NASDAQ AMR)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  214 (Vote Outperform)
Underperform Votes:  295 (Vote Underperform)
Total Votes:  509
MarketBeat's community ratings are surveys of what our community members think about Alta Mesa Resources and other stocks. Vote "Outperform" if you believe AMR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AMR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/22/2019 by MarketBeat.com Staff

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