Altus Midstream Company (ALTM): Price and Financial Metrics


Altus Midstream Company (ALTM): $68.18

1.11 (+1.65%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

ALTM POWR Grades


  • Quality is the dimension where ALTM ranks best; there it ranks ahead of 74.1% of US stocks.
  • The strongest trend for ALTM is in Quality, which has been heading up over the past 31 weeks.
  • ALTM's current lowest rank is in the Sentiment metric (where it is better than 0.48% of US stocks).

ALTM Stock Summary

  • Altus Midstream Co's capital turnover -- a measure of revenue relative to shareholder's equity -- is better than merely 5.44% of US listed stocks.
  • The ratio of debt to operating expenses for Altus Midstream Co is higher than it is for about 94.44% of US stocks.
  • ALTM's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of only 1.25% of US stocks.
  • Stocks that are quantitatively similar to ALTM, based on their financial statements, market capitalization, and price volatility, are AHT, CBB, MMLP, STON, and CLMT.
  • Visit ALTM's SEC page to see the company's official filings. To visit the company's web site, go to www.altusmidstream.com.

ALTM Valuation Summary


In comparison to the median Energy stock, ALTM's price/sales ratio is 352.94% higher, now standing at 7.7.

Below are key valuation metrics over time for ALTM.

Stock Date P/S P/B P/E EV/EBIT
ALTM 2020-07-28 1.4 2.8 -0.1 -0.5
ALTM 2020-07-24 1.5 3.0 -0.1 -0.5
ALTM 2019-09-09 6.2 1.9 -59.2 -24.4
ALTM 2019-04-17 22.5 -8.2 -401.3 -88.7
ALTM 2018-05-31 NA 92.8 879.0 317.2
ALTM 2018-03-16 NA 91.7 -890.1 -5202.3

ALTM Price Target

For more insight on analysts targets of ALTM, see our ALTM price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $46.75 Average Broker Recommendation 2.25 (Moderate Sell)

ALTM Stock Price Chart Interactive Chart >

Price chart for ALTM

ALTM Price/Volume Stats

Current price $68.18 52-week high $70.00
Prev. close $67.07 52-week low $9.44
Day low $66.02 Volume 69,600
Day high $68.38 Avg. volume 52,892
50-day MA $63.33 Dividend yield 8.8%
200-day MA $43.73 Market Cap 1.11B

Altus Midstream Company (ALTM) Company Bio


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.


ALTM Latest News Stream


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Latest ALTM News From Around the Web

Below are the latest news stories about Altus Midstream Co that investors may wish to consider to help them evaluate ALTM as an investment opportunity.

Altus Midstream goes ex-dividend tomorrow

No summary available.

Seeking Alpha | May 26, 2021

Altus Midstream: Dividends Might Already Be Stuck Where They Started

Photo by spooh/E+ via Getty Images Introduction There were many surprises during the turbulent year of 2020 but on balance, they were immensely favorable for the then largely forgotten midstream company, Altus Midstream (ALTM) who announced their first dividend. Whilst this alone is always positive for any young company, it...

Daniel Thurecht on Seeking Alpha | May 13, 2021

Apache Corp.: It Is Hard To Ignore Suriname

Photo by zhengzaishuru/iStock via Getty ImagesInvestment Thesis Houston-based Apache Corp. (NASDAQ: APA) released its first-quarter 2021 results on May 5, 2021. The first quarter was better than expected, with an average daily U.S. output of 382,401 Boe/d, down 18.3% year over year, but higher commodity prices helped. However, adjusted earnings...

Fun Trading on Seeking Alpha | May 13, 2021

Altus Midstream Announces Estimated First-Quarter 2021 Results

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 visiting www.altusmidstream.com/investors. There will be a conference call May 6 at 1 p.m. Central time to discuss the estimated results. It will be webcast and archived on Altus’ website and available for playback by telephone for one week. The number for the replay is (855) 859-2056 or (404) 537-3406 for international calls. The conference access code is 3586726. About Altus Midstream Company Altus Midstream Company is a pure-play, Permian-to-Gulf Coast midstream C-corporation. Through its consolidated subsidiaries, Altus owns gas gathering, processing and transmission assets servicing prod...

Yahoo | May 5, 2021

10 Best High Yield Dividend Stocks to Buy According to Billionaire Jim Simons

In this article we presented the 10 best high yield dividend stocks to buy according to billionaire Jim Simons. You can skip our detailed discussion on Singer’s investment philosophy and read the 5 Best High Yield Dividend Stocks to Buy According to Billionaire Jim Simons. James Harris Simons, popularly known as Jim Simons, is one […]

Yahoo | April 26, 2021

Read More 'ALTM' Stories Here

ALTM Price Returns

1-mo 4.78%
3-mo 30.16%
6-mo 54.60%
1-year 411.19%
3-year N/A
5-year N/A
YTD 50.82%
2020 -17.03%
2019 -63.00%
2018 -20.39%
2017 N/A
2016 N/A

ALTM Dividends

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