NASDAQ:AMR - Alta Mesa Resources Stock Price, News & Analysis

$0.12
+0.01 (+9.09 %)
(As of 08/19/2019 04:00 PM ET)
Today's Range
$0.12
Now: $0.12
$0.13
50-Day Range
$0.1180
MA: $0.15
$0.21
52-Week Range
$0.10
Now: $0.12
$4.97
Volume1.62 million shs
Average Volume3.32 million shs
Market Capitalization$45.71 million
P/E RatioN/A
Dividend YieldN/A
Beta1.38
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 SalesN/A
Cash Flow$0.0140 per share
Book Value$0.04 per share

Profitability

Miscellaneous

EmployeesN/A
Market Cap$45.71 million
Next Earnings Date8/20/2019 (Estimated)
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 announced that its Board of Directors has initiated a share repurchase plan on Tuesday, August 14th 2018, which authorizes the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 2% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's board of directors believes its stock is undervalued.

How were Alta Mesa Resources' earnings last quarter?

Alta Mesa Resources Inc (NASDAQ:AMR) announced its quarterly earnings data on Tuesday, November, 13th. The company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.05 by $0.01. The business had revenue of $164.80 million for the quarter, compared to the consensus estimate of $130.23 million. The company's revenue was up 161.2% compared to the same quarter last year. View Alta Mesa Resources' Earnings History.

When is Alta Mesa Resources' next earnings date?

Alta Mesa Resources is scheduled to release their next quarterly earnings announcement on Tuesday, August 20th 2019. View Earnings Estimates for Alta Mesa Resources.

What price target have analysts set for AMR?

4 brokerages have issued 1 year target prices for Alta Mesa Resources' stock. Their forecasts range from $6.00 to $12.00. On average, they anticipate Alta Mesa Resources' share price to reach $8.1667 in the next twelve months. This suggests a possible upside of 6,705.6% from the stock's current price. View Analyst Price Targets for Alta Mesa Resources.

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

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alta Mesa Resources in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating 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?

Headlines about AMR stock have trended negative this week, according to InfoTrie. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Alta Mesa Resources earned a coverage optimism score of -2.3 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Alta Mesa Resources.

Are investors shorting Alta Mesa Resources?

Alta Mesa Resources saw a increase in short interest in July. As of July 31st, there was short interest totalling 16,577,400 shares, an increase of 25.0% from the June 30th total of 13,264,900 shares. Based on an average daily trading volume, of 4,320,000 shares, the days-to-cover ratio is currently 3.8 days. Currently, 15.2% of the shares of the stock are sold short. View Alta Mesa Resources' Current Options Chain.

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), Mammoth Energy Services (TUSK), Chesapeake Energy (CHK), Energy Transfer LP Unit (ET), AT&T (T), Green Plains Partners (GPP), Intel (INTC), Bank of America (BAC) and General Electric (GE).

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)

Who are Alta Mesa Resources' major shareholders?

Alta Mesa Resources' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include HPS Investment Partners LLC (9.32%), Vanguard Group Inc. (1.39%), BlackRock Inc. (0.55%), Sanders Morris Harris LLC (0.35%), Nut Tree Capital Management LP (0.35%) and Northern Trust Corp (0.29%). Company insiders that own Alta Mesa Resources stock include Bayou City Energy Management L, Highfields Capital Management and Ronald Jay Smith. View Institutional Ownership Trends for Alta Mesa Resources.

Which institutional investors are selling Alta Mesa Resources stock?

AMR stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Charles Schwab Investment Management Inc., Nut Tree Capital Management LP, Northern Trust Corp and Sanders Morris Harris LLC. View Insider Buying and Selling for Alta Mesa Resources.

Which institutional investors are buying Alta Mesa Resources stock?

AMR stock was purchased by a variety of institutional investors in the last quarter, including HPS Investment Partners LLC, Vanguard Group Inc., Wilks Brothers LLC, Jane Street Group LLC, Paloma Partners Management Co and GSA Capital Partners LLP. Company insiders that have bought Alta Mesa Resources stock in the last two years include Bayou City Energy Management L and Ronald Jay Smith. View Insider Buying and Selling for Alta Mesa Resources.

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, Scottrade, Fidelity and Charles Schwab.

What is Alta Mesa Resources' stock price today?

One share of AMR stock can currently be purchased for approximately $0.12.

How big of a company is Alta Mesa Resources?

Alta Mesa Resources has a market capitalization of $45.71 million. 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:  193 (Vote Outperform)
Underperform Votes:  271 (Vote Underperform)
Total Votes:  464
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 8/19/2019 by MarketBeat.com Staff

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