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Altus Midstream Company (ALTM)

Stock Price: $60.78 USD -1.75 (-2.80%)
Updated May 13, 2021 3:26 PM EDT - Market open
Market Cap 1.05B
Revenue (ttm) 141.19M
Net Income (ttm) 52.63M
Shares Out 3.75M
EPS (ttm) 2.63
PE Ratio 23.11
Forward PE 19.96
Dividend $1.50
Dividend Yield 2.47%
Trading Day May 13
Last Price $60.78
Previous Close $62.53
Change ($) -1.75
Change (%) -2.80%
Day's Open 63.75
Day's Range 59.06 - 64.46
Day's Volume 39,674
52-Week Range 9.15 - 69.94

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HOUSTON, May 05, 2021 (GLOBE NEWSWIRE) -- Altus Midstream Company (Nasdaq: ALTM) today announced its estimated first-quarter 2021 results. Estimated results can be found on the company's website by visi...

1 week ago - GlobeNewsWire

DALLAS, April 23, 2021 /PRNewswire/ -- Cushing ® Asset Management, LP, and Swank Capital, LLC, announce an upcoming interim change to the constituents of The Cushing® 30 MLP Index (the "Index"). On Marc...

Other stocks mentioned: CVX, NBLX
2 weeks ago - PRNewsWire

HOUSTON, April 15, 2021 (GLOBE NEWSWIRE) -- Altus Midstream Company (Nasdaq: ALTM) (“Altus”) will host its first-quarter 2021 results conference call Thursday, May 6, 2021 at 1 p.m. Central time. The co...

3 weeks ago - GlobeNewsWire

The new holding company APA replaces Apache (which used to trade on the Nasdaq stock exchange) as the public company.

Other stocks mentioned: APA, DEN, MTDR
2 months ago - Zacks Investment Research

HOUSTON, Feb. 24, 2021 (GLOBE NEWSWIRE) -- Altus Midstream Company (Nasdaq: ALTM) today announced its fourth-quarter and full-year 2020 results on its website at www.altusmidstream.com/investors.

2 months ago - GlobeNewsWire

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 1 p.m. Cen...

3 months ago - GlobeNewsWire

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 DocuSign ...

Other stocks mentioned: CC, DHI, DOCU, HOG
3 months ago - Zacks Investment Research

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, this year...

Other stocks mentioned: AM, BKEP, ENB, KMI, MMLP, NGL, NS ...
4 months ago - Seeking Alpha

As of late, it has definitely been a great time to be an investor in Altus Midstream Company (ALTM).

4 months ago - Zacks Investment Research

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

5 months ago - GlobeNewsWire

Altus Midstream (ALTM) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

5 months ago - Zacks Investment Research

Top Ranked Momentum Stocks to Buy for December 4th

Other stocks mentioned: BRKS, PDCO, SCHN
5 months ago - Zacks Investment Research

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.

5 months ago - Zacks Investment Research

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 pipeline.

5 months ago - Seeking Alpha

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 expected to ...

Other stocks mentioned: AM, ARLP, BSM, DKL, ENB, ENBL, ETRN ...
5 months ago - Seeking Alpha

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 Results appe...

Other stocks mentioned: ALGN, APPN, CPS, EBIX, GE, SNAP, SPG ...
5 months ago - InvestorPlace

Another vaccine update, another rally for energy stocks and midstream stocks. Midstream was green all week until taking a breather Friday.

Other stocks mentioned: AM, ENLC, EPD, ET, ETRN, EVA, NS ...
5 months ago - Seeking Alpha

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 major pip...

6 months ago - Seeking Alpha

Altus Midstream Company (ALTM) CEO Clay Bretches on Q3 2020 Results - Earnings Call Transcript

6 months ago - Seeking Alpha

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.

6 months ago - GlobeNewsWire

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 time. The c...

6 months ago - GlobeNewsWire

Altus Midstream (NASDAQ: ALTM) and Halliburton Company (NYSE: HAL) shares are trading lower on Monday amid weakness in the price of oil.

Other stocks mentioned: HAL
7 months ago - Benzinga

Altus Midstream: A 'One Year Out' Cash-Flow Machine

8 months ago - Seeking Alpha

Altus Midstream: A Unique Midstream Ownership Opportunity

8 months ago - Seeking Alpha

Altus Midstream Company (ALTM) CEO Clay Bretches on Q2 2020 Results - Earnings Call Transcript

9 months ago - Seeking Alpha

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 .

9 months ago - GlobeNewsWire

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. Central time. T...

9 months ago - GlobeNewsWire

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 a 1-for-2...

10 months ago - GlobeNewsWire

Altus Midstream Company (ALTM) CEO David Bretches on Q1 2020 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

Altus Midstream Company (ALTM) CEO Clay Bretches on Q4 2019 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

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 its credit f...

1 year ago - GlobeNewsWire

Altus Midstream’s earnings will reach new heights next year as its expansion-related investments start paying dividends.

1 year ago - The Motley Fool

Altus Midstream Company (ALTM) CEO Clay Bretches on Q3 2019 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

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".

1 year ago - Seeking Alpha

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.

1 year ago - GuruFocus

Altus Midstream Company (ALTM) CEO Clay Bretches on Q2 2019 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

Little-known Altus Midstream’s earnings will skyrocket as its pipeline investments begin paying dividends.

1 year ago - The Motley Fool

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.

Other stocks mentioned: KMI, MPLX, TRGP, WMB
1 year ago - Zacks Investment Research

Details the CEO buys this past week for the following companies: AXA Equitable Holdings, Liberty Latin America, Karuna Therapeutics, Esperion Therapeutics and Altus Midstream

Other stocks mentioned: EQH, ESPR, KRTX, LILA, LILAK
1 year ago - GuruFocus

Stocks that have tumbled more than 59% over the past 52 weeks of trading are often called "falling knives.

Other stocks mentioned: CDEV
1 year ago - GuruFocus

This new issue has dropped to the point where potential investors may want to do their homework.

1 year ago - Seeking Alpha

Altus Midstream Company's (ALTM) CEO Clay Bretches on Q1 2019 Results - Earnings Call Transcript

2 years ago - Seeking Alpha

(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.

2 years ago - The Motley Fool

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
Stock Exchange
NASDAQ
Ticker Symbol
ALTM
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecasts

According to 4 analysts, the average rating for ALTM stock is "Sell." The 12-month stock price forecast is 46.50, which is a decrease of -23.49% from the latest price.

Price Target
$46.50
(-23.49% downside)
Analyst Consensus: Sell