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

Sign in or create an account to add this stock to your watchlist.
$2.11 -0.13 (-5.80 %)
(As of 11/20/2018 04:00 PM ET)
Previous Close$2.24
Today's Range$2.01 - $2.23
52-Week Range$2.01 - $10.79
Volume1.91 million shs
Average Volume1.79 million shs
Market Capitalization$837.07 million
P/E RatioN/A
Dividend YieldN/A
Beta1.48
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.

Receive AMR News and Ratings via Email

Sign-up to receive the latest news and ratings for AMR and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.20
Current Ratio0.59
Quick Ratio0.59

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$0.0141 per share
Price / Cash149.23
Book Value$0.04 per share
Price / Book52.75

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$1.89 million
Net MarginsN/A
Return on Equity-2.39%
Return on Assets-1.75%

Miscellaneous

EmployeesN/A
Outstanding Shares383,980,000
Market Cap$837.07 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 has authorized a stock repurchase plan 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 repurchase up to 2% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's management believes its shares are undervalued.

How were Alta Mesa Resources' earnings last quarter?

Alta Mesa Resources Inc (NASDAQ:AMR) posted its 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 firm earned $164.80 million during the quarter, compared to analyst estimates of $130.23 million. The business'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 12th 2019. View Earnings Estimates for Alta Mesa Resources.

What price target have analysts set for AMR?

4 brokers have issued twelve-month price objectives for Alta Mesa Resources' shares. Their predictions range from $6.00 to $12.00. On average, they expect Alta Mesa Resources' share price to reach $8.7375 in the next year. This suggests a possible upside of 314.1% 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.

Has Alta Mesa Resources been receiving favorable news coverage?

News coverage about AMR stock has trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Alta Mesa Resources earned a media sentiment score of 1.9 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 7.0 out of 10, indicating that recent news coverage is likely to have an impact on the stock's share price in the immediate future.

Are investors shorting Alta Mesa Resources?

Alta Mesa Resources saw a increase in short interest in October. As of October 31st, there was short interest totalling 17,805,436 shares, an increase of 14.7% from the October 15th total of 15,522,750 shares. Based on an average trading volume of 1,682,189 shares, the days-to-cover ratio is currently 10.6 days. Currently, 19.3% of the company's 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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (1.88%), Point72 Asset Management L.P. (1.28%), SCP Investment LP (0.54%), Wells Fargo & Company MN (0.52%), Dimensional Fund Advisors LP (0.25%) and JBF Capital Inc. (0.22%). 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 Sanders Morris Harris LLC, Private Advisor Group LLC, Morgan Stanley, Jennison Associates LLC and Commonwealth of Pennsylvania Public School Empls Retrmt SYS. 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 SCP Investment LP, Dimensional Fund Advisors LP, Sanders Morris Harris LLC, JBF Capital Inc., BlackRock Inc., First Washington CORP, JPMorgan Chase & Co. and JPMorgan Chase & 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 $2.11.

How big of a company is Alta Mesa Resources?

Alta Mesa Resources has a market capitalization of $837.07 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:  2.3 out of 5 (star star)
Outperform Votes:  118 (Vote Outperform)
Underperform Votes:  134 (Vote Underperform)
Total Votes:  252
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 11/20/2018 by MarketBeat.com Staff

Featured Article: Dividend Aristocrat Index

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel