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

333.29USD+3.79 (+1.15%)Market Closed

Market Summary

USD333.29+3.79

Market Closed

1.15%

AMR Alerts

1 major insider buys and 1 major insider sales recently.

AMR Stock Price

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AMR RSI Chart

AMR Valuation

Market Cap

4.3B

Price/Earnings (Trailing)

Price/Sales (Trailing)

1.25

EV/EBITDA

4.11

Price/Free Cashflow

5.09

AMR Price/Sales (Trailing)

AMR Profitability

EBT Margin

24.35%

Return on Equity

45.87%

Return on Assets

30.01%

Free Cashflow Yield

19.65%

AMR Fundamentals

AMR Revenue

Revenue (TTM)

3.5B

Rev. Growth (Yr)

16.58%

Rev. Growth (Qtr)

29.41%

AMR Earnings

Earnings (TTM)

722.0M

Earnings Growth (Yr)

-20.24%

Earnings Growth (Qtr)

87.62%

Breaking Down AMR Revenue

Last 7 days

0.5%

Last 30 days

1.4%

Last 90 days

-18.1%

Trailing 12 Months

101.3%

How does AMR drawdown profile look like?

AMR Financial Health

Current Ratio

3.38

Debt/Equity

Debt/Cashflow

125.32

AMR Investor Care

Dividend Yield

0.58%

Dividend/Share (TTM)

1.94

Buy Backs (1Y)

14.34%

Diluted EPS (TTM)

48.98

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
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

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

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>

Returns of $10,000 invested in:

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.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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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
Mar 15, 2024	courtis kenneth s.	sold	-7,462,580	298	-25,000	-
Mar 15, 2024	gorzynski michael	bought	4,434,700	295	15,000	-
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	-
Mar 12, 2024	courtis kenneth s.	sold	-4,784,260	318	-15,000	-
Mar 07, 2024	courtis kenneth s.	sold	-869,843	380	-2,289	-
Mar 06, 2024	courtis kenneth s.	sold	-2,930,240	385	-7,611	-
Mar 01, 2024	whitehead jason e.	sold	-4,937,170	387	-12,753	president & coo
Mar 01, 2024	stetson david j.	sold	-1,747,930	388	-4,502	-
Mar 01, 2024	whitehead jason e.	sold	-268,420	387	-693	president & coo

Which funds bought or sold AMR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 19, 2024	FCG Investment Co	added	80.85	225,431	519,275	0.42%
Apr 19, 2024	CONTINENTAL GENERAL INSURANCE CO	unchanged	-	46,291,200	200,115,000	88.46%
Apr 19, 2024	Arcus Capital Partners, LLC	new	-	215,923	215,923	0.07%
Apr 19, 2024	State of Alaska, Department of Revenue	reduced	-0.98	-80,000	2,385,000	0.03%
Apr 19, 2024	Maryland State Retirement & Pension System	reduced	-0.86	15,875	1,472,210	0.03%
Apr 18, 2024	SJS Investment Consulting Inc.	unchanged	-	-31.00	1,325	-%
Apr 18, 2024	Measured Wealth Private Client Group, LLC	added	5.00	6,870	271,228	0.10%
Apr 18, 2024	Capital Advisors, Ltd. LLC	unchanged	-	-	8,000	-%
Apr 18, 2024	Allspring Global Investments Holdings, LLC	reduced	-84.91	-463,484	80,143	-%
Apr 18, 2024	Crocodile Capital Partners GmbH	reduced	-23.48	-12,387,900	36,713,200	50.62%

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

1 major insider buys and 1 major insider sales recently.

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
Mar 29, 2024	ARS	ARS
Mar 29, 2024	DEF 14A	DEF 14A
Mar 19, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading
Mar 19, 2024	SC 13D/A	13D - Major Acquisition
Mar 18, 2024	4	Insider Trading
Mar 15, 2024	PRE 14A	PRE 14A
Mar 14, 2024	4	Insider Trading
Mar 08, 2024	4	Insider Trading
Mar 04, 2024	144	Notice of Insider Sale Intent

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	52.1B	12.4B	-3.07%	-20.80%	22.31	4.2	-3.54%	3.06%
DOW	40.2B	44.6B	-2.60%	1.72%	60.93	0.9	-21.58%	-85.78%
CE	16.9B	10.9B	-6.75%	44.46%	8.6	1.54	13.10%	3.48%
AVTR	16.6B	7.0B	-6.52%	21.29%	51.56	2.38	-7.26%	-53.23%
ALB	13.2B	9.6B	-9.90%	-41.92%	8.38	1.37	31.38%	-41.50%
EMN	11.4B	9.2B	2.94%	17.89%	12.74	1.24	-12.95%	12.74%
MID-CAP
CBT	5.1B	3.9B	1.88%	23.50%	11.56	1.31	-9.12%	26.64%
BCPC	4.6B	922.4M	-8.54%	12.55%	42.72	5.03	-2.11%	3.01%
AVNT	3.9B	3.1B	2.61%	7.78%	51.46	1.25	-7.48%	-89.19%
ARCH	3.0B	3.1B	-0.32%	25.52%	6.42	0.94	-15.54%	-65.21%
SMALL-CAP
CCF	1.2B	404.0M	0.11%	32.60%	36.59	3	24.06%	-25.72%
ASIX	709.4M	1.5B	0.07%	-31.70%	12.99	0.46	-21.18%	-60.55%
CMT	175.6M	357.7M	1.18%	3.08%	8.64	0.49	-5.20%	66.55%
AREC	105.7M	16.7M	-13.38%	6.25%	9.54	6.31	-57.58%	866.09%
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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	29.4%	960	742	858	911	823	870	1,336	1,072	828	649	395	386	324	336	354	403	499	526	656	609	572
Costs and Expenses	19.5%	747	625	640	597	607	607	688	619	550	549	397	403	359	384	421	423	438	552	589	591	555
S&GA Expenses	44.8%	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	16.00
EBITDA Margin	-2.9%	0.28*	0.29*	0.32*	0.39*	0.41*	0.43*	0.41*	0.32*	0.21*	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expenses	-8.3%	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	12.00
Income Taxes	50.4%	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	-165
Earnings Before Taxes	81.4%	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	-9.60
EBT Margin	-4.9%	0.24*	0.26*	0.29*	0.36*	0.38*	0.39*	0.37*	0.26*	0.13*	-0.01*	-0.12*	-0.17*	-	-	-	-	-	-	-	-	-
Net Income	87.6%	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	157
Net Income Margin	-9.5%	0.21*	0.23*	0.27*	0.33*	0.35*	0.36*	0.34*	0.25*	0.13*	-0.04*	-0.15*	-0.31*	-	-	-	-	-	-	-	-	-
Free Cashflow	26.8%	199	157	317	177	185	497	466	336	104	96.00	-6.34	-19.11	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	2.3%	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	2,746
Current Assets	-0.1%	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	830
Cash Equivalents	-9.4%	268	296	312	223	302	404	162	159	81.00	78.00	72.00	92.00	245	161	238	227	348	153	250	182	477
Inventory	-14.9%	231	272	270	267	201	179	167	162	129	125	144	109	108	124	143	184	151	173	164	145	122
Net PPE	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	562	583	615	631	679	700
Goodwill	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	124	101	108	96.00
Liabilities	4.7%	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	1,675
Current Liabilities	-1.7%	310	315	296	317	403	341	345	361	296	292	311	290	259	292	292	303	315	330	326	355	355
Long Term Debt	-3.9%	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	545
Shareholder's Equity	1.0%	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	1,071
Retained Earnings	9.4%	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	403
Additional Paid-In Capital	1.1%	834	825	818	813	815	811	808	788	785	784	783	782	779	779	778	777	776	771	768	768	761
Accumulated Depreciation	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	349	314	275	220	164	107
Shares Outstanding	-3.4%	13.00	13.00	14.00	15.00	16.00	17.00	18.00	19.00	18.00	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	26.8%	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	-17,935
Share Based Compensation	211.4%	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	3,882
Cashflow From Investing	28.9%	-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	173,735
Cashflow From Financing	-45.5%	-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	37,582
Dividend Payments	87.5%	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	15,431

AMR Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues:
Coal revenues	$ 3,456,630	$ 4,092,987	$ 2,252,624
Other revenues	14,787	8,605	6,062
Total revenues	3,471,417	4,101,592	2,258,686
Costs and expenses:
Cost of coal sales (exclusive of items shown separately below)	2,356,138	2,285,969	1,677,782
Depreciation, depletion and amortization	136,869	107,620	110,047
Accretion on asset retirement obligations	25,500	23,765	26,520
Amortization of acquired intangibles, net	8,523	19,498	13,244
Asset impairment and restructuring	0	0	(561)
Selling, general and administrative expenses (exclusive of depreciation, depletion and amortization shown separately above)	82,390	71,618	63,901
Total other operating loss (income):
Mark-to-market adjustment for acquisition-related obligations	0	8,880	19,525
Other (income) expense	(1,088)	3,363	(10,972)
Total costs and expenses	2,608,332	2,520,713	1,899,486
Income from operations	863,085	1,580,879	359,200
Other (expense) income:
Interest expense	(6,923)	(21,802)	(69,654)
Interest income	11,933	3,187	336
Loss on extinguishment of debt	(2,753)	0	0
Equity loss in affiliates	(18,263)	(14,346)	(4,149)
Miscellaneous (expense) income, net	(1,620)	6,832	6,465
Total other expense, net	(17,626)	(26,129)	(67,002)
Income before income taxes	845,459	1,554,750	292,198
Income tax expense	(123,503)	(106,205)	(3,408)
Net income	$ 721,956	$ 1,448,545	$ 288,790
Basic income per common share (in dollars per share)	$ 51.18	$ 82.82	$ 15.66
Diluted income per common share (in dollars per share)	$ 49.30	$ 79.49	$ 15.30
Weighted average shares - basic (in shares)	14,106,466	17,490,886	18,441,175
Weighted average shares - diluted (in shares)	14,642,856	18,222,397	18,871,682

AMR Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 268,207	$ 301,906
Short-term investments	0	46,052
Trade accounts receivable, net of allowance for credit losses of $234 and $239 as of December 31, 2023 and 2022, respectively	509,682	407,210
Inventories, net	231,344	200,574
Short-term deposits	32	84,748
Short-term restricted cash	0	24,547
Prepaid expenses and other current assets	39,032	49,384
Total current assets	1,048,297	1,114,421
Property, plant, and equipment, net of accumulated depreciation and amortization of $558,905 and $491,186 as of December 31, 2023 and 2022, respectively	588,992	442,645
Owned and leased mineral rights, net of accumulated depletion and amortization of $99,826 and $77,333 as of December 31, 2023 and 2022, respectively	451,160	451,062
Other acquired intangibles, net of accumulated amortization of $38,543 and $53,719 as of December 31, 2023 and 2022, respectively	46,579	55,102
Long-term restricted investments	40,597	105,735
Long-term restricted cash	115,918	28,941
Deferred income taxes	8,028	11,378
Other non-current assets	106,486	103,195
Total assets	2,406,057	2,312,479
Current liabilities:
Current portion of long-term debt	3,582	3,078
Trade accounts payable	128,836	106,037
Acquisition-related obligations - current	0	28,254
Accrued expenses and other current liabilities	177,512	265,256
Total current liabilities	309,930	402,625
Long-term debt	6,792	7,897
Workers’ compensation and black lung obligations	189,226	188,247
Pension obligations	101,908	110,836
Asset retirement obligations	166,509	142,048
Deferred income taxes	39,142	10,874
Other non-current liabilities	18,622	20,197
Total liabilities	832,129	882,724
Commitments and Contingencies (Note 21)
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, 22,058,135 issued and 12,938,679 outstanding at December 31, 2023 and 21,703,163 issued and 15,552,676 outstanding at December 31, 2022	221	217
Additional paid-in capital	834,482	815,442
Accumulated other comprehensive loss	(40,587)	(12,162)
Treasury stock, at cost: 9,119,456 shares at December 31, 2023 and 6,150,487 shares at December 31, 2022	(1,189,715)	(649,061)
Retained earnings	1,969,527	1,275,319
Total stockholders’ equity	1,573,928	1,429,755
Total liabilities and stockholders’ equity	$ 2,406,057	$ 2,312,479

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 Fri Apr 19 2024, market cap of Alta Mesa Resources Inc is 4.28 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 Fri Apr 19 2024, AMR's PE ratio (Price to Earnings) is 5.93 and Price to Sales (PS) ratio is 1.23. 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.