AMR - Alta Mesa Resources Inc Stock Price, Fair Value and News

297.59USD-6.98 (-2.29%)Delayed as of 08 May 2024, 02:54 pm ET

Market Summary

USD297.59-6.98

Delayedas of 08 May 2024, 02:54 pm

-2.29%

AMR Alerts

Big fall in earnings (Y/Y)

AMR Stock Price

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AMR RSI Chart

AMR Valuation

Market Cap

4.0B

Price/Earnings (Trailing)

6.85

Price/Sales (Trailing)

1.16

EV/EBITDA

4.32

Price/Free Cashflow

4.55

AMR Price/Sales (Trailing)

AMR Profitability

EBT Margin

19.67%

Return on Equity

36.34%

Return on Assets

23.5%

Free Cashflow Yield

21.96%

AMR Fundamentals

AMR Revenue

Revenue (TTM)

3.4B

Rev. Growth (Yr)

-5.18%

Rev. Growth (Qtr)

-9.99%

AMR Earnings

Earnings (TTM)

578.2M

Earnings Growth (Yr)

-53.1%

Earnings Growth (Qtr)

-27.85%

Breaking Down AMR Revenue

52 Week Range

299.86

(Low)(High)

Last 7 days

-6.8%

Last 30 days

-2.1%

Last 90 days

-15.6%

Trailing 12 Months

91.9%

How does AMR drawdown profile look like?

AMR Financial Health

Current Ratio

3.15

Debt/Equity

Debt/Cashflow

144.16

AMR Investor Care

Dividend Yield

0.64%

Dividend/Share (TTM)

1.94

Buy Backs (1Y)

10.13%

Diluted EPS (TTM)

41.56

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	3.4B	0	0	0
2023	3.9B	3.5B	3.3B	3.5B
2022	2.9B	3.9B	4.1B	4.1B
2021	1.4B	1.4B	1.8B	2.3B
2020	2.1B	1.8B	1.6B	1.4B
2019	2.2B	2.3B	2.4B	2.3B
2018	1.7B	1.7B	1.8B	2.0B
2017	0	0	0	1.6B
2016	0	0	0	0

Get all data in R, Python etc through our Historical Stock Data APIs

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

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Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

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Tracking the Latest Insider Buys and Sells of Alta Mesa Resources Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 02, 2024	baker de neufville joanna	acquired	-	-	759	-
May 02, 2024	stetson david j.	acquired	-	-	380	-
May 02, 2024	smith daniel d	acquired	-	-	380	-
May 02, 2024	lombard shelly	acquired	-	-	380	-
May 02, 2024	courtis kenneth s.	acquired	-	-	729	-
May 02, 2024	gorzynski michael	acquired	-	-	902	-
Mar 15, 2024	gorzynski michael	bought	4,434,700	295	15,000	-
Mar 15, 2024	courtis kenneth s.	sold	-7,462,580	298	-25,000	-
Mar 14, 2024	courtis kenneth s.	sold	-6,904,650	302	-22,802	-
Mar 13, 2024	courtis kenneth s.	sold	-6,203,880	310	-20,000	-

Which funds bought or sold AMR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	Empowered Funds, LLC	added	85.51	6,169,620	13,761,800	0.25%
May 06, 2024	TEACHER RETIREMENT SYSTEM OF TEXAS	reduced	-19.13	-462,000	1,740,000	0.01%
May 06, 2024	Jefferies Financial Group Inc.	sold off	-100	-511,149	-	-%
May 06, 2024	SG Americas Securities, LLC	new	-	356,000	356,000	-%
May 06, 2024	Empirical Finance, LLC	added	0.84	-15,866	1,069,020	0.07%
May 06, 2024	Parallel Advisors, LLC	added	1.59	-157	21,195	-%
May 06, 2024	TEXAS PERMANENT SCHOOL FUND CORP	added	1.32	-34,435	3,426,620	0.03%
May 06, 2024	Advisory Services Network, LLC	sold off	-100	-26,097	-	-%
May 06, 2024	VitalStone Financial, LLC	reduced	-98.42	-443,000	7,000	-%
May 06, 2024	Gallacher Capital Management LLC	new	-	373,891	373,891	0.19%

Are Funds Buying or Selling AMR?

Are funds buying AMR calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own AMR

No. of Funds

AMR Alerts

Big fall in earnings (Y/Y)

Unveiling Alta Mesa Resources Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 19, 2024	continental general insurance co	6.1%	787,097	SC 13D/A
Feb 13, 2024	vanguard group inc	9.14%	1,213,584	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	5.5%	725,244	SC 13G
Jan 25, 2024	state street corp	5.07%	673,084	SC 13G/A
Jan 22, 2024	blackrock inc.	15.3%	2,032,768	SC 13G/A
Dec 06, 2023	blackrock inc.	16.3%	2,166,021	SC 13G/A
Feb 09, 2023	vanguard group inc	8.66%	1,381,196	SC 13G
Feb 03, 2023	state street corp	5.47%	871,836	SC 13G/A
Jan 25, 2023	blackrock inc.	9.2%	1,463,478	SC 13G/A
Dec 01, 2022	continental general insurance co	4.9%	786,952	SC 13D

Recent SEC filings of Alta Mesa Resources Inc

View All Filings

Date Filed	Form Type	Document
May 06, 2024	10-Q	Quarterly Report
May 06, 2024	4	Insider Trading
May 06, 2024	8-K	Current Report
May 06, 2024	8-K	Current Report
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
Mar 29, 2024	ARS	ARS

Peers (Alternatives to Alta Mesa Resources Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
APD	55.3B	12.2B	4.18%	-15.88%	22.4	4.55	-7.47%	13.44%
DOW	41.1B	43.5B	-2.24%	7.76%	32.39	0.94	-18.61%	-57.39%
CE	17.7B	10.9B	0.09%	53.53%	9.04	1.62	13.10%	3.48%
AVTR	16.9B	6.9B	-3.98%	23.64%	64.9	2.46	-6.48%	-57.90%
ALB	15.5B	8.4B	6.57%	-29.22%	45.83	1.84	-4.27%	-90.82%
EMN	11.8B	9.1B	0.81%	24.63%	12.8	1.3	-11.38%	33.67%
MID-CAP
CBT	5.6B	3.9B	8.49%	43.15%	12.6	1.43	-9.12%	26.64%
BCPC	5.0B	929.6M	3.59%	21.49%	43.91	5.42	-1.74%	15.81%
AVNT	4.2B	3.1B	8.86%	19.59%	40.24	1.35	-6.69%	-83.56%
ARCH	2.9B	3.0B	5.03%	26.13%	9.04	0.98	-20.68%	-74.38%
SMALL-CAP
CCF	1.2B	404.0M	0.11%	32.60%	36.59	3	24.06%	-25.72%
ASIX	641.0M	1.5B	-16.06%	-31.40%	281.99	0.44	-21.27%	-97.94%
CMT	165.3M	336.4M	0.89%	-5.09%	9.07	0.49	-12.92%	28.47%
AREC	98.2M	16.7M	-11.43%	-17.88%	-8.3	5.86	-57.58%	-718.66%
AMRS	3.7M	-	-80.00%	-99.58%	-0.01	0.01	-	-

Alta Mesa Resources Inc News

Latest updates

Alta Mesa Resources Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-10.0%	864	960	742	858	911	823	870	1,336	1,072	828	649	395	386	324	336	354	403	499	526	656	609
Costs and Expenses	-3.3%	722	747	625	640	597	607	607	688	619	550	549	397	403	359	384	421	423	438	552	589	591
S&GA Expenses	-14.4%	22.00	26.00	18.00	18.00	21.00	23.00	15.00	18.00	15.00	19.00	15.00	15.00	15.00	15.00	15.00	12.00	15.00	26.00	17.00	15.00	21.00
EBITDA Margin	-15.2%	0.24*	0.28*	0.29*	0.32*	0.39*	0.41*	0.43*	0.41*	0.32*	0.21*	-	-	-	-	-	-	-	-	-	-	-
Interest Expenses	-32.2%	1.00	2.00	2.00	2.00	2.00	2.00	2.00	5.00	13.00	16.00	17.00	18.00	18.00	18.00	19.00	19.00	18.00	17.00	19.00	16.00	15.00
Income Taxes	-50.4%	14.00	29.00	19.00	34.00	42.00	-7.75	6.00	69.00	40.00	3.00	0.00	0.00	0.00	0.00	-0.04	0.00	-2.19	-44.41	-3.10	-1.00	-4.78
Earnings Before Taxes	-31.0%	141	205	113	215	313	213	259	643	440	260	84.00	-18.58	-32.70	-55.01	-68.53	-81.71	-38.37	-252	-46.66	23.00	3.00
EBT Margin	-19.2%	0.20*	0.24*	0.26*	0.29*	0.36*	0.38*	0.39*	0.37*	0.26*	0.13*	-0.01*	-0.12*	-	-	-	-	-	-	-	-	-
Net Income	-27.9%	127	176	94.00	181	271	221	253	574	401	257	83.00	-18.99	-32.93	-100	-68.64	-238	-39.81	-140	-68.53	-113	7.00
Net Income Margin	-18.8%	0.17*	0.21*	0.23*	0.27*	0.33*	0.35*	0.36*	0.34*	0.25*	0.13*	-0.04*	-0.15*	-	-	-	-	-	-	-	-	-
Free Cashflow	-1.6%	196	199	157	317	177	185	497	466	336	104	96.00	-6.34	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	2.3%	2,461	2,406	2,353	2,358	2,349	2,312	2,260	2,216	2,113	1,858	1,676	1,663	1,672	1,680	1,923	2,040	2,292	2,303	2,670	2,780	2,756
Current Assets	2.7%	1,077	1,048	1,049	1,078	1,092	1,114	1,147	1,109	1,015	748	571	534	526	510	586	688	799	711	770	863	820
Cash Equivalents	45.9%	391	268	296	312	223	302	404	162	159	81.00	78.00	72.00	92.00	245	161	238	227	348	153	250	182
Inventory	6.3%	246	231	272	270	267	201	179	167	162	129	125	144	109	108	124	143	184	151	173	164	145
Net PPE	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	562	583	615	631	679
Goodwill	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	124	101	108
Liabilities	4.5%	870	832	795	791	801	883	888	897	1,183	1,311	1,428	1,500	1,501	1,480	1,580	1,631	1,638	1,607	1,801	1,813	1,675
Current Liabilities	10.1%	341	310	315	296	317	403	341	345	361	296	292	311	290	259	292	292	303	315	330	326	355
Long Term Debt	-11.2%	6.00	7.00	7.00	8.00	8.00	8.00	3.00	3.00	249	446	497	550	550	554	553	598	623	564	564	581	540
Shareholder's Equity	1.1%	1,591	1,574	1,558	1,567	1,549	1,430	1,372	1,320	930	547	248	162	170	200	343	409	654	696	869	967	1,081
Retained Earnings	6.4%	2,096	1,970	1,800	1,713	1,539	1,275	1,142	896	329	-71.74	-329	-412	-393	-360	-260	-191	47.00	87.00	228	296	410
Additional Paid-In Capital	-0.5%	831	834	825	818	813	815	811	808	788	785	784	783	782	779	779	778	777	776	771	768	768
Accumulated Depreciation	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	349	314	275	220	164
Shares Outstanding	0.5%	13.00	13.00	13.00	14.00	15.00	16.00	17.00	18.00	19.00	18.00	18.00	18.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	1,300	-	-	-	1,600	-	-	-	270	-	-	-	56.00	-	-	-	600	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-1.6%	196,074	199,353	157,200	317,219	177,387	184,968	496,981	465,931	336,125	104,370	96,024	-6,336	-19,115	56,203	-5,905	78,998	-60.00	-5,698	20,445	102,522	14,611
Share Based Compensation	-70.4%	2,769	9,339	2,999	3,645	3,034	3,381	1,520	1,401	1,182	964	1,189	979	2,183	696	1,079	1,043	2,078	4,885	2,738	-545	5,319
Cashflow From Investing	-74.9%	-68,859	-39,363	-55,336	-43,410	-27,891	-146,793	-35,415	-143,597	-3,552	-27,553	-21,500	-11,053	-29,749	-85,136	-24,705	-41,357	-58,771	-24,173	-91,448	-30,808	-45,323
Cashflow From Financing	22.5%	-120,027	-154,928	-106,500	-163,548	-231,452	-137,735	-203,112	-421,321	-219,700	-64,129	-73,487	-3,025	-6,404	-19,099	-28,875	-29,538	55,136	-5,584	-46,336	-5,988	-11,786
Dividend Payments	-100.0%	-	13,282	7,082	6,670	85,979	6,553	6,807	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	106	-	680	38.00	16.00	47.00	108	2,137	30,611	703	4,171

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AMR Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues:
Coal revenues	$ 861,283	$ 906,698
Other revenues	2,789	4,537
Total revenues	864,072	911,235
Costs and expenses:
Cost of coal sales (exclusive of items shown separately below)	648,313	539,137
Depreciation, depletion and amortization	40,701	29,423
Accretion on asset retirement obligations	6,143	6,377
Amortization of acquired intangibles, net	1,675	2,197
Selling, general and administrative expenses (exclusive of depreciation, depletion and amortization shown separately above)	22,377	20,692
Other operating loss (income)	2,985	(1,092)
Total costs and expenses	722,194	596,734
Income from operations	141,878	314,501
Other (expense) income:
Interest expense	(1,086)	(1,720)
Interest income	3,971	1,518
Equity loss in affiliates	(1,640)	(1,748)
Miscellaneous (expense) income, net	(1,963)	631
Total other expense, net	(718)	(1,319)
Income before income taxes	141,160	313,182
Income tax expense	(14,165)	(42,411)
Net income	$ 126,995	$ 270,771
Basic income per common share (in dollars per share)	$ 9.77	$ 17.74
Diluted income per common share (in dollars per share)	$ 9.59	$ 17.01
Weighted average shares - basic (in shares)	13,002,127	15,266,895
Weighted average shares - diluted (in shares)	13,236,596	15,916,378

AMR Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 269,386	$ 268,207
Trade accounts receivable, net of allowance for credit losses of $217 and $234 as of March 31, 2024 and December 31, 2023, respectively	526,222	509,682
Inventories, net	246,033	231,344
Prepaid expenses and other current assets	34,868	39,064
Total current assets	1,076,509	1,048,297
Property, plant, and equipment, net of accumulated depreciation and amortization of $588,735 and $558,905 as of March 31, 2024 and December 31, 2023, respectively	607,637	588,992
Owned and leased mineral rights, net of accumulated depletion and amortization of $106,429 and $99,826 as of March 31, 2024 and December 31, 2023, respectively	449,892	451,160
Other acquired intangibles, net of accumulated amortization of $40,218 and $38,543 as of March 31, 2024 and December 31, 2023, respectively	44,904	46,579
Long-term restricted investments	38,055	40,597
Long-term restricted cash	121,927	115,918
Deferred income taxes	8,284	8,028
Other non-current assets	113,601	106,486
Total assets	2,460,809	2,406,057
Current liabilities:
Current portion of long-term debt	3,392	3,582
Trade accounts payable	151,453	128,836
Accrued expenses and other current liabilities	186,444	177,512
Total current liabilities	341,289	309,930
Long-term debt	6,034	6,792
Workers’ compensation and black lung obligations	186,023	189,226
Pension obligations	101,800	101,908
Asset retirement obligations	172,758	166,509
Deferred income taxes	41,226	39,142
Other non-current liabilities	20,535	18,622
Total liabilities	869,665	832,129
Commitments and Contingencies (Note 14)
Stockholders’ Equity
Preferred stock - par value $0.01, 5,000,000 shares authorized, none issued	0	0
Common stock - par value $0.01, 50,000,000 shares authorized, 22,371,165 issued and 13,007,215 outstanding at March 31, 2024 and 22,058,135 issued and 12,938,679 outstanding at December 31, 2023	224	221
Additional paid-in capital	830,536	834,482
Accumulated other comprehensive loss	(39,837)	(40,587)
Treasury stock, at cost: 9,363,950 shares at March 31, 2024 and 9,119,456 shares at December 31, 2023	(1,295,639)	(1,189,715)
Retained earnings	2,095,860	1,969,527
Total stockholders’ equity	1,591,144	1,573,928
Total liabilities and stockholders’ equity	$ 2,460,809	$ 2,406,057

About Alta Mesa Resources Inc

Alpha Metallurgical Resources, Inc., a mining company, produces, processes, and sells met and thermal coal in Virginia and West Virginia. As of December 31, 2022, it operated twenty four active mines and eight coal preparation and load-out facilities. The company was formerly known as Contura Energy, Inc. and changed its name to Alpha Metallurgical Resources, Inc. in February 2021. Alpha Metallurgical Resources, Inc. was incorporated in 2016 and is headquartered in Bristol, Tennessee.

CEO	Mr. Charles Andrew Eidson
WEBSITE	alphametresources.com
INDUSTRY	Chemicals
EMPLOYEES	3980

Alta Mesa Resources Inc Frequently Asked Questions

What is the ticker symbol for Alta Mesa Resources Inc? What does AMR stand for in stocks?

AMR is the stock ticker symbol of Alta Mesa Resources Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Alta Mesa Resources Inc (AMR)?

As of Tue May 07 2024, market cap of Alta Mesa Resources Inc is 3.96 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AMR stock?

You can check AMR's fair value in chart for subscribers.

What is the fair value of AMR stock?

You can check AMR's fair value in chart for subscribers. The fair value of Alta Mesa Resources Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Alta Mesa Resources Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AMR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Alta Mesa Resources Inc a good stock to buy?

The fair value guage provides a quick view whether AMR is over valued or under valued. Whether Alta Mesa Resources Inc is cheap or expensive depends on the assumptions which impact Alta Mesa Resources Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AMR.

What is Alta Mesa Resources Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, AMR's PE ratio (Price to Earnings) is 6.85 and Price to Sales (PS) ratio is 1.16. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AMR PE ratio will change depending on the future growth rate expectations of investors.