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

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$3.52 +0.01 (+0.28 %)
(As of 10/21/2018 02:05 AM ET)
Previous Close$3.52
Today's Range$3.45 - $3.64
52-Week Range$3.45 - $10.79
Volume2.04 million shs
Average Volume1.54 million shs
Market Capitalization$1.35 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.69
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

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

Debt

Debt-to-Equity Ratio0.17
Current Ratio0.94
Quick Ratio0.94

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$0.0147 per share
Price / Cash240.27
Book Value$0.04 per share
Price / Book88.00

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$1.89 million
Net MarginsN/A
Return on Equity-5.29%
Return on Assets-3.42%

Miscellaneous

EmployeesN/A
Outstanding Shares383,980,000
Market Cap$1.35 billion

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 has approved a stock repurchase program 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 purchase up to 2% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's leadership believes its stock is undervalued.

How were Alta Mesa Resources' earnings last quarter?

Alta Mesa Resources Inc (NASDAQ:AMR) released its quarterly earnings data on Tuesday, August, 14th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of $0.10 by $0.14. The firm had revenue of $93.14 million for the quarter, compared to analyst estimates of $131.93 million. The company's quarterly revenue was up 16.7% on a year-over-year basis. 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 Monday, November 12th 2018. View Earnings Estimates for Alta Mesa Resources.

What price target have analysts set for AMR?

4 equities research analysts have issued twelve-month target prices for Alta Mesa Resources' shares. Their predictions range from $8.00 to $12.00. On average, they anticipate Alta Mesa Resources' stock price to reach $9.2375 in the next year. This suggests a possible upside of 162.4% 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 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Alta Mesa Resources.

Are investors shorting Alta Mesa Resources?

Alta Mesa Resources saw a increase in short interest during the month of September. As of September 28th, there was short interest totalling 15,900,617 shares, an increase of 15.8% from the September 14th total of 13,731,590 shares. Based on an average trading volume of 1,441,519 shares, the days-to-cover ratio is presently 11.0 days. Currently, 15.0% of the shares of the stock are short sold. View Alta Mesa Resources' Current Options Chain.

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. Harlan H. Chappelle, Pres, CEO & Director (Age 61)
  • Mr. Michael Anthony McCabe, Chief Financial Officer (Age 62)
  • Mr. Michael Edward Ellis, COO of Upstream & Director (Age 62)
  • Mr. David Murrell, VP of Land & Bus. Devel. (Age 56)
  • Mr. James T. Hackett, Exec. Chairman (Age 64)

Who are Alta Mesa Resources' major shareholders?

Alta Mesa Resources' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Sanders Morris Harris LLC (0.19%) and Sanders Morris Harris LLC (0.00%). 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 major investors are selling Alta Mesa Resources stock?

AMR stock was sold by a variety of institutional investors in the last quarter, including Sanders Morris Harris LLC. View Insider Buying and Selling for Alta Mesa Resources.

Which major investors are buying Alta Mesa Resources stock?

AMR stock was purchased by a variety of institutional investors in the last quarter, including Sanders Morris Harris LLC. 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 $3.52.

How big of a company is Alta Mesa Resources?

Alta Mesa Resources has a market capitalization of $1.35 billion.

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:  2.3 out of 5 (star star)
Outperform Votes:  95 (Vote Outperform)
Underperform Votes:  112 (Vote Underperform)
Total Votes:  207
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 10/21/2018 by MarketBeat.com Staff

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