Altus Midstream Company (ALTM)
| Market Cap | 784.22M |
| Revenue (ttm) | 156.36M |
| Net Income (ttm) | -1.38B |
| Shares Out | 3.75M |
| EPS (ttm) | -100.79 |
| PE Ratio | n/a |
| Forward PE | 12.69 |
| Dividend | $6.00 |
| Dividend Yield | 12.43% |
| Trading Day | January 21 |
| Last Price | $48.27 |
| Previous Close | $49.99 |
| Change ($) | -1.72 |
| Change (%) | -3.44% |
| Day's Open | 49.95 |
| Day's Range | 47.92 - 50.34 |
| Day's Volume | 70,101 |
| 52-Week Range | 9.55 - 52.01 |
HOUSTON, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Altus Midstream Company (Nasdaq: ALTM) (“Altus”) will host its fourth-quarter and full-year 2020 results conference call Thursday, Feb. 25, 2021, at ...
Expectations about stimulus package, Fed's supportive stance, and vaccine rollout have helped investors remain optimistic, which calls for investing in growth stocks like D.R. Horton (DHI) and...
The midstream group is clinging to a positive month of performance with just 4 more trading days left, but midstream is way off the pace of the S&P 500, utilities and infrastructure this week,...
As of late, it has definitely been a great time to be an investor in Altus Midstream Company (ALTM).
Declares $1.50 per share quarterly dividend for annualized rate of $6 per share Declares $1.50 per share quarterly dividend for annualized rate of $6 per share
Altus Midstream (ALTM) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Top Ranked Momentum Stocks to Buy for December 4th
Altus Midstream Company (ALTM) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
The spice must flow: Natural gas demand isn't going anywhere. Altus Midstream has signaled a $6 dividend for 2021. This is well supported by cash flows from existing assets and the new PHP pip...
Energy stocks (midstream included) continued their recent run of positive stock performance in this short week, helped by ongoing positive vaccine data points. The OPEC meeting next week is ex...
These 10 stocks soared after earnings reports that not only provided a short-term boost, but strengthened the long-term case as well. The post 10 Winning Stocks To Buy After Big Q3 Earnings Re...
Another vaccine update, another rally for energy stocks and midstream stocks. Midstream was green all week until taking a breather Friday.
Altus Midstream announced mind-boggling earnings, including no significant changes in their financial picture, but a large dividend. The company is effectively a cash flow holding company in 4...
Altus Midstream Company (ALTM) CEO Clay Bretches on Q3 2020 Results - Earnings Call Transcript
HOUSTON, Nov. 04, 2020 (GLOBE NEWSWIRE) -- Altus Midstream Company (Nasdaq: ALTM) today announced its third-quarter 2020 results on its website at www.altusmidstream.com/investors.
HOUSTON, Oct. 14, 2020 (GLOBE NEWSWIRE) -- Altus Midstream Company (Nasdaq: ALTM) (“Altus”) will host its third-quarter 2020 results conference call Thursday, Nov. 5, 2020, at 1 p.m. Central t...
Altus Midstream (NASDAQ: ALTM) and Halliburton Company (NYSE: HAL) shares are trading lower on Monday amid weakness in the price of oil.
Altus Midstream: A 'One Year Out' Cash-Flow Machine
Altus Midstream: A Unique Midstream Ownership Opportunity
Altus Midstream Company (ALTM) CEO Clay Bretches on Q2 2020 Results - Earnings Call Transcript
HOUSTON, July 29, 2020 (GLOBE NEWSWIRE) -- Altus Midstream Company (Nasdaq: ALTM) today announced its second-quarter 2020 results on its website at www.altusmidstream.com/investors .
HOUSTON, July 15, 2020 (GLOBE NEWSWIRE) -- Altus Midstream Company (Nasdaq: ALTM) (“Altus”) will host its second-quarter 2020 results conference call Thursday, July 30, 2020, at 1 p.m. Centr...
HOUSTON, June 29, 2020 (GLOBE NEWSWIRE) -- Altus Midstream Company (“Altus”) (Nasdaq: ALTM) today announced that effective at 5:30 p.m. Eastern time on June 30, 2020, the company will affect...
Altus Midstream Company (ALTM) CEO David Bretches on Q1 2020 Results - Earnings Call Transcript
Altus Midstream Company (ALTM) CEO Clay Bretches on Q4 2019 Results - Earnings Call Transcript
HOUSTON, Feb. 11, 2020 (GLOBE NEWSWIRE) -- Altus Midstream Company (“Altus”) (Nasdaq: ALTM) today announced that Altus Midstream LP (“Altus Midstream”) has exited the initial period under it...
Altus Midstream’s earnings will reach new heights next year as its expansion-related investments start paying dividends.
Altus Midstream Company (ALTM) CEO Clay Bretches on Q3 2019 Results - Earnings Call Transcript
ALTM has been thrown to the wolves. With current prices we are buying top tier pipelines at 10x EBITDA and we are getting Alpine High midstream infrastructure for "free".
CEO of Altus Midstream Co (30-Year Financial, Insider Trades) D. Clay Bretches (insider trades) bought 25,000 shares of ALTM on 08/14/2019 at an average price of $2.58 a share.
Altus Midstream Company (ALTM) CEO Clay Bretches on Q2 2019 Results - Earnings Call Transcript
Little-known Altus Midstream’s earnings will skyrocket as its pipeline investments begin paying dividends.
With oil production projected to grow rapidly in the coming days, flaring is bound to surge. It remains to be seen whether it affects oil drillers' production capacity.
Details the CEO buys this past week for the following companies: AXA Equitable Holdings, Liberty Latin America, Karuna Therapeutics, Esperion Therapeutics and Altus Midstream
Stocks that have tumbled more than 59% over the past 52 weeks of trading are often called "falling knives.
This new issue has dropped to the point where potential investors may want to do their homework.
Altus Midstream Company's (ALTM) CEO Clay Bretches on Q1 2019 Results - Earnings Call Transcript
(Altus Midstream): In September 2016, oil and gas giant Apache (NYSE:APA) unveiled the Alpine High discovery in an underexplored area of the Permian Basin.
About ALTM
Altus Midstream Company owns gas gathering, processing, and transmission assets in the Permian Basin of West Texas. As of December 31, 2019, its assets included approximately 178 miles of in-service natural gas gathering, 55 miles of residue gas, and 38 miles of natural gas liquids (NGL) pipelines; three cryogenic processing trains; and an NGL truck loading terminal with six lease automatic custody transfer units and eight NGL bullet tanks. The company is based in Houston, Texas. Altus Midstream Company is a subsidiary of Apache Midstream LLC.
| Industry Oil & Gas Midstream | |
| CEO David Clay Bretches | |
| Stock Exchange NASDAQ | Ticker Symbol ALTM |
Financial Performance
In 2019, ALTM's revenue was $135.80 million, an increase of 76.94% compared to the previous year's $76.75 million. Losses were -$1.34 billion, 560,109.2% more than in 2018.
Analyst Forecasts
According to 4 analysts, the average rating for ALTM stock is "Sell." The 12-month stock price forecast is 36.00, which is a decrease of -25.42% from the latest price.