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

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$1.02 +0.02 (+2.00 %)
(As of 02/17/2019 12:54 PM ET)
Previous Close$1.02
Today's Range$1.00 - $1.0647
52-Week Range$0.75 - $8.80
Volume1.21 million shs
Average Volume1.28 million shs
Market Capitalization$388.50 million
P/E RatioN/A
Dividend YieldN/A
Beta1.55
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. 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
Current SymbolNASDAQ:AMR
CUSIPN/A
Phone281-530-0991

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A
Cash Flow$0.0152 per share
Book Value$0.04 per share

Profitability

Net Income$1.89 million

Miscellaneous

EmployeesN/A
Market Cap$388.50 million
OptionableOptionable

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 initiated a stock repurchase program on Tuesday, August 14th 2018, which permits the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 2% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's board believes its shares are undervalued.

How were Alta Mesa Resources' earnings last quarter?

Alta Mesa Resources Inc (NASDAQ:AMR) issued its quarterly earnings results on Tuesday, November, 13th. The company reported $0.04 earnings per share for the quarter, missing the Zacks' 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. Alta Mesa Resources's revenue for the quarter 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, February 26th 2019. View Earnings Estimates for Alta Mesa Resources.

What price target have analysts set for AMR?

4 brokerages have issued 12-month target prices for Alta Mesa Resources' stock. Their predictions range from $6.00 to $12.00. On average, they anticipate Alta Mesa Resources' share price to reach $8.30 in the next year. This suggests a possible upside of 713.7% 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 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Alta Mesa Resources.

Has Alta Mesa Resources been receiving favorable news coverage?

Headlines about AMR stock have been trending negative on Sunday, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Alta Mesa Resources earned a news sentiment score of -2.8 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near term.

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. 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 (8.49%), Dimensional Fund Advisors LP (0.38%), Northern Trust Corp (0.34%), Geode Capital Management LLC (0.33%), Sanders Morris Harris LLC (0.28%) and Two Sigma Investments LP (0.25%). 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 TD Asset Management Inc., Berkley W R Corp, FNY Investment Advisers LLC, Bank of New York Mellon Corp, Tocqueville Asset Management L.P. and Northern Trust Corp. View Insider Buying and Selling for Alta Mesa Resources.

Which institutional investors are buying Alta Mesa Resources stock?

AMR stock was bought by a variety of institutional investors in the last quarter, including HPS Investment Partners LLC, Two Sigma Investments LP, Highbridge Capital Management LLC, Dimensional Fund Advisors LP, Sanders Morris Harris LLC, Prescott Group Capital Management L.L.C., SG Americas Securities LLC and Paloma Partners Management Co. 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 $1.02.

How big of a company is Alta Mesa Resources?

Alta Mesa Resources has a market capitalization of $388.50 million.

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:  2.2 out of 5 (star star)
Outperform Votes:  144 (Vote Outperform)
Underperform Votes:  187 (Vote Underperform)
Total Votes:  331
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 2/17/2019 by MarketBeat.com Staff

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