NASDAQ:AMR - Alta Mesa Resources Stock Price, Price Target & More

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$7.01 -0.13 (-1.82 %)
(As of 05/25/2018 04:00 PM ET)
Previous Close$7.01
Today's Range$6.40 - $7.06
52-Week Range$6.40 - $10.79
Volume574,243 shs
Average Volume873,206 shs
Market Capitalization$2.73 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A

About Alta Mesa Resources (NASDAQ:AMR)

Alta Mesa Resources logoAlta Mesa Resources, Inc. focuses on the acquisition and development of unconventional oil and natural gas reserves in the Anadarko Basin. The company 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. As of December 31, 2017, its oil, natural gas, and natural gas liquids reserves were 176.2 million barrels of oil equivalent. The company was formerly known as Silver Run Acquisition Corporation II and changed its name to Alta Mesa Resources, Inc. in February 2018. Alta Mesa Resources, Inc. was founded in 1987 and is based in Houston, Texas.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.17
Current Ratio1.70
Quick Ratio0.11

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash Flow$0.0143 per share
Price / Cash488.75
Book Value$8.93 per share
Price / Book0.78

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$1.89 million
Net MarginsN/A
Return on Equity-7.96%
Return on Assets-3.71%

Miscellaneous

Employees3
Outstanding Shares382,770,000

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."

What price target have analysts set for AMR?

2 equities research analysts have issued 1-year price objectives for Alta Mesa Resources' stock. Their forecasts range from $10.00 to $13.00. On average, they anticipate Alta Mesa Resources' share price to reach $11.50 in the next year. View Analyst Ratings for Alta Mesa Resources.

Who are some of Alta Mesa Resources' key competitors?

Who are Alta Mesa Resources' key executives?

Alta Mesa Resources' management team includes the folowing people:
  • Mr. James T. Hackett, Exec. Chairman & COO of Midstream (Age 64)
  • Mr. Harlan H. Chappelle, CEO & Director (Age 61)
  • Mr. Michael E. Ellis, COO of Upstream & Director (Age 62)

Has Alta Mesa Resources been receiving favorable news coverage?

Media stories about AMR stock have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Alta Mesa Resources earned a media sentiment score of 0.16 on Accern's scale. They also assigned news stories about the company an impact score of 45.66 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Who are Alta Mesa Resources' major shareholders?

Alta Mesa Resources' stock is owned by a number of of institutional and retail investors. Top institutional investors include Point72 Asset Management L.P. (1.96%), BlackRock Inc. (0.84%), Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp (0.39%), Wells Fargo & Company MN (0.36%), SCP Investment LP (0.15%) and Longfellow Investment Management Co. LLC (0.15%). Company insiders that own Alta Mesa Resources stock include Highfields Capital Management and Ronald Jay Smith. View Institutional Ownership Trends for Alta Mesa Resources.

Which major investors are buying Alta Mesa Resources stock?

AMR stock was bought by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., BlackRock Inc., Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Wells Fargo & Company MN, SCP Investment LP, Longfellow Investment Management Co. LLC, JBF Capital Inc. and Anson Funds Management LP. 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 $7.01.

How big of a company is Alta Mesa Resources?

Alta Mesa Resources has a market capitalization of $2.73 billion. Alta Mesa Resources employs 3 workers across the globe.

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 (AMR)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  24 (Vote Outperform)
Underperform Votes:  25 (Vote Underperform)
Total Votes:  49
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.

Analyst Ratings

Alta Mesa Resources (NASDAQ:AMR) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
2 Wall Street analysts have issued ratings and price targets for Alta Mesa Resources in the last 12 months. Their average twelve-month price target is $11.50, suggesting that the stock has a possible upside of 64.05%. The high price target for AMR is $13.00 and the low price target for AMR is $10.00. There are currently 2 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyN/AN/A
Consensus Rating Score: 3.003.00N/AN/A
Ratings Breakdown: 0 Sell Rating(s)
0 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $11.50$11.50N/AN/A
Price Target Upside: 64.05% upside64.52% upsideN/AN/A

Alta Mesa Resources (NASDAQ:AMR) Consensus Price Target History

Price Target History for Alta Mesa Resources (NASDAQ:AMR)

Alta Mesa Resources (NASDAQ:AMR) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/5/2018Stifel NicolausInitiated CoverageBuy$13.00HighView Rating Details
3/5/2018Imperial CapitalInitiated CoverageOutperform ➝ Outperform$10.00LowView Rating Details
(Data available from 5/26/2016 forward)

Earnings

Alta Mesa Resources (NASDAQ:AMR) Earnings History and Estimates Chart

Earnings by Quarter for Alta Mesa Resources (NASDAQ:AMR)

Alta Mesa Resources (NASDAQ:AMR) Earnings Estimates

2018 EPS Consensus Estimate: $0.52
2019 EPS Consensus Estimate: $1.22
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20181$0.06$0.06$0.06
Q2 20181$0.10$0.10$0.10
Q3 20181$0.14$0.14$0.14
Q4 20181$0.22$0.22$0.22
Q1 20191$0.24$0.24$0.24
Q2 20191$0.30$0.30$0.30
Q3 20191$0.32$0.32$0.32
Q4 20191$0.36$0.36$0.36

Alta Mesa Resources (NASDAQ AMR) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/11/2017Q2 2017$0.01ViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

Alta Mesa Resources (NASDAQ:AMR) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Alta Mesa Resources (NASDAQ AMR) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 0.21%
Institutional Ownership Percentage: 49.96%
Insider Trading History for Alta Mesa Resources (NASDAQ:AMR)
Institutional Ownership by Quarter for Alta Mesa Resources (NASDAQ:AMR)

Alta Mesa Resources (NASDAQ AMR) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
4/13/2018Ronald Jay SmithCAOBuy250$7.35$1,837.50View SEC Filing  
9/29/2017Highfields Capital ManagementMajor ShareholderSell3,241,000$10.17$32,960,970.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Alta Mesa Resources (NASDAQ AMR) News Headlines

Source:
DateHeadline
Head to Head Comparison: China Cord Blood (CO) & Alta Mesa Resources (AMR)Head to Head Comparison: China Cord Blood (CO) & Alta Mesa Resources (AMR)
www.americanbankingnews.com - May 26 at 7:57 AM
$0.08 Earnings Per Share Expected for Alta Mesa Resources (AMR) This Quarter$0.08 Earnings Per Share Expected for Alta Mesa Resources (AMR) This Quarter
www.americanbankingnews.com - May 25 at 11:15 PM
Q2 2018 Earnings Forecast for Alta Mesa Resources Issued By Imperial Capital (AMR)Q2 2018 Earnings Forecast for Alta Mesa Resources Issued By Imperial Capital (AMR)
www.americanbankingnews.com - May 25 at 6:44 AM
Brokers Set Expectations for Alta Mesa Resources Q2 2019 Earnings (AMR)Brokers Set Expectations for Alta Mesa Resources' Q2 2019 Earnings (AMR)
www.americanbankingnews.com - May 24 at 9:34 AM
Alta Mesa Resources Expected to Earn Q2 2018 Earnings of $0.11 Per Share (AMR)Alta Mesa Resources Expected to Earn Q2 2018 Earnings of $0.11 Per Share (AMR)
www.americanbankingnews.com - May 17 at 7:00 AM
Alta Mesa Resources (AMR) CEO Hal Chappelle on Q1 2018 Results - Earnings Call TranscriptAlta Mesa Resources' (AMR) CEO Hal Chappelle on Q1 2018 Results - Earnings Call Transcript
seekingalpha.com - May 15 at 8:34 AM
IIROC Trading Resumption - AMRIIROC Trading Resumption - AMR
finance.yahoo.com - May 15 at 8:33 AM
Alta Mesa Resources Inc. (AMR) Q1 2018 Earnings Conference Call TranscriptAlta Mesa Resources Inc. (AMR) Q1 2018 Earnings Conference Call Transcript
finance.yahoo.com - May 15 at 8:33 AM
Kingfisher Midstream, Blueknight Energy Partners, and Ergon Announce the Construction of a New Crude Oil Pipeline from Kingfisher County to Cushing, OklahomaKingfisher Midstream, Blueknight Energy Partners, and Ergon Announce the Construction of a New Crude Oil Pipeline from Kingfisher County to Cushing, Oklahoma
finance.yahoo.com - May 10 at 8:14 AM
Alta Mesa Resources (AMR) Cut to Sell at Zacks Investment ResearchAlta Mesa Resources (AMR) Cut to Sell at Zacks Investment Research
www.americanbankingnews.com - May 7 at 4:26 PM
Alta Mesa Resources (AMR) Scheduled to Post Earnings on MondayAlta Mesa Resources (AMR) Scheduled to Post Earnings on Monday
www.americanbankingnews.com - May 7 at 8:46 AM
Alta Mesa Resources to Release 1Q 2018 Results on May 14thAlta Mesa Resources to Release 1Q 2018 Results on May 14th
finance.yahoo.com - May 4 at 3:21 PM
Alta Mesa to Participate in Stack Panel Discussion at Morgan Stanley Energy ConferenceAlta Mesa to Participate in Stack Panel Discussion at Morgan Stanley Energy Conference
finance.yahoo.com - May 4 at 3:21 PM
Research Analysts Offer Predictions for Alta Mesa Resources Incs Q1 2018 Earnings (AMR)Research Analysts Offer Predictions for Alta Mesa Resources Inc's Q1 2018 Earnings (AMR)
www.americanbankingnews.com - April 26 at 8:28 AM
Kimberly Warnica Joins Alta Mesa Senior Leadership Team as General CounselKimberly Warnica Joins Alta Mesa Senior Leadership Team as General Counsel
finance.yahoo.com - April 16 at 3:20 PM
Alta Mesa Resources Inc (AMR) Short Interest Up 78.5% in MarchAlta Mesa Resources Inc (AMR) Short Interest Up 78.5% in March
www.americanbankingnews.com - April 12 at 2:19 AM
Alta Mesa Resources to Present at IPAA OGIS in New YorkAlta Mesa Resources to Present at IPAA OGIS in New York
finance.yahoo.com - April 8 at 9:00 AM
Zuckerberg On Safari To WashingtonZuckerberg On Safari To Washington
seekingalpha.com - April 7 at 3:20 PM
Alta Mesa Resources, Inc. (Nasdaq: AMR) to Ring The Nasdaq Stock Market Opening BellAlta Mesa Resources, Inc. (Nasdaq: AMR) to Ring The Nasdaq Stock Market Opening Bell
finance.yahoo.com - April 6 at 3:21 PM
Form 3 Alta Mesa Resources, For: Apr 03 Filed by: Collins Craig WForm 3 Alta Mesa Resources, For: Apr 03 Filed by: Collins Craig W
www.streetinsider.com - April 6 at 7:13 AM
Stifel Expects Investor Perception Of Alta Mesa Resources To Improve, Initiates With OutperformStifel Expects Investor Perception Of Alta Mesa Resources To Improve, Initiates With Outperform
www.msn.com - April 5 at 3:20 PM
Stifel Nicolaus Initiates Coverage on Alta Mesa Resources (AMR)Stifel Nicolaus Initiates Coverage on Alta Mesa Resources (AMR)
www.americanbankingnews.com - April 5 at 12:34 PM
Imperial Capital Brokers Decrease Earnings Estimates for Alta Mesa Resources Inc (AMR)Imperial Capital Brokers Decrease Earnings Estimates for Alta Mesa Resources Inc (AMR)
www.americanbankingnews.com - April 4 at 7:58 AM
Q1 2018 EPS Estimates for Alta Mesa Resources Inc Reduced by Imperial Capital (AMR)Q1 2018 EPS Estimates for Alta Mesa Resources Inc Reduced by Imperial Capital (AMR)
www.americanbankingnews.com - April 3 at 7:36 AM
Alta Mesa Resources, Inc. 2017 Q4 - Results - Earnings Call SlidesAlta Mesa Resources, Inc. 2017 Q4 - Results - Earnings Call Slides
seekingalpha.com - April 2 at 3:20 PM
Alta Mesa Resources Inc (AMR) Sees Significant Growth in Short InterestAlta Mesa Resources Inc (AMR) Sees Significant Growth in Short Interest
www.americanbankingnews.com - March 28 at 2:44 AM
BRIEF-HPS Investment Partners, Llc Reports 14.5 Pct Stake In Alta Mesa ResourcesBRIEF-HPS Investment Partners, Llc Reports 14.5 Pct Stake In Alta Mesa Resources
www.reuters.com - March 22 at 6:45 AM
Alta Mesa Resources Inc (AMR) Short Interest UpdateAlta Mesa Resources Inc (AMR) Short Interest Update
www.americanbankingnews.com - March 11 at 1:16 AM
Alta Mesa Resources Inc Forecasted to Earn Q1 2018 Earnings of $0.06 Per Share (AMR)Alta Mesa Resources Inc Forecasted to Earn Q1 2018 Earnings of $0.06 Per Share (AMR)
www.americanbankingnews.com - March 8 at 6:40 AM
Imperial Capital: Alta Mesa Resources Will Grow Into A Much More Attractive ValuationImperial Capital: Alta Mesa Resources Will 'Grow Into A Much More Attractive Valuation'
finance.yahoo.com - March 6 at 6:13 AM
Alta Mesa Resources (AMR) Earns Outperform Rating from Analysts at Imperial CapitalAlta Mesa Resources (AMR) Earns Outperform Rating from Analysts at Imperial Capital
www.americanbankingnews.com - March 5 at 6:12 PM
Alta Mesa Resources Announces Year-End 2017 Proved Reserves and Upstream Operational UpdateAlta Mesa Resources Announces Year-End 2017 Proved Reserves and Upstream Operational Update
finance.yahoo.com - February 27 at 3:17 PM
Alta Mesa Resources to Present at EnerCom Dallas 2018Alta Mesa Resources to Present at EnerCom Dallas 2018
finance.yahoo.com - February 20 at 3:16 PM

SEC Filings

Alta Mesa Resources (NASDAQ:AMR) SEC Filings

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Social Media

Financials

Alta Mesa Resources (NASDAQ:AMR) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Alta Mesa Resources (NASDAQ AMR) Stock Chart for Saturday, May, 26, 2018

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This page was last updated on 5/26/2018 by MarketBeat.com Staff

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