$2.88
2.13% yesterday
Nasdaq, Sep 27, 10:10 pm CET
ISIN
US02215L1008
Symbol
ALTM

Altus Midstream Co. Class A Stock price

$2.88
+0.17 6.27% 1M
-1.55 34.99% 6M
-30.52 91.38% YTD
-31.37 91.59% 1Y
-31.29 91.57% 3Y
-26.52 90.20% 5Y
-94.12 97.03% 10Y
Nasdaq, Closing price Fri, Sep 27 2024
+0.06 2.13%
ISIN
US02215L1008
Symbol
ALTM
Sector

Key metrics

Market capitalization $3.03b
Enterprise Value $4.17b
P/B ratio (TTM) P/B ratio 0.48
Cash position $380.40m
P/E forward 15.41
P/S forward 2.84
EV/Sales forward 3.90
Short interest 7.46%

Is Altus Midstream Co. Class A a Top Scorer Stock based on the Dividend, High-Growth-Investing or Leverman Strategy?

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Altus Midstream Co. Class A Stock Analysis

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Analyst Opinions

26 Analysts have issued a Altus Midstream Co. Class A forecast:

16x Buy
62%
9x Hold
35%
1x Sell
4%

Analyst Opinions

26 Analysts have issued a Altus Midstream Co. Class A forecast:

Buy
62%
Hold
35%
Sell
4%

Financial data from Altus Midstream Co. Class A

Income Statement P&L | Balance Sheet | Cash Flow


Quarter TTM Annually
Jun '24
+/-
%
255 255
14% 14%
100%
- Direct Costs 232 232
4% 4%
91%
23 23
69% 69%
9%
- Selling and Administrative Expenses - -
- Research and Development Expense 1.50 1.50
-
1%
37 37
69% 69%
14%
- Depreciation and Amortization 31 31
55% 55%
12%
EBIT (Operating Income) EBIT 5.70 5.70
89% 89%
2%
Net Profit 86 86
243% 243%
34%

In millions USD.

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Altus Midstream Co. Class A Stock News

Neutral
PRNewsWire
8 days ago
PHILADELPHIA and PERTH, Australia , Sept. 19, 2024 /PRNewswire/ -- Underscores unique position as a vertically integrated, diversified global producer of lithium chemicals with low-cost and high-quality assets Details ongoing expansion programs expected to more than double total sales volumes by 2028 across multiple products and regions Outlines path to Adjusted EBITDA1 of $1.3 billion by 2028 ...
Positive
Seeking Alpha
11 days ago
Arcadium Lithium stock has dropped 45% since my previous article due to macroeconomic headwinds, but recent production cuts by CATL may temporarily boost lithium prices. Despite the potential for short-term price increases, high inventory levels and oversupply suggest lithium prices won't sustain gains in the next 6–12 months. Arcadium is strategically expanding production capacity and delaying...
Negative
The Motley Fool
16 days ago
Chinese battery maker CATL is contemplating shutting down one of the country's largest lithium mines, citing low lithium prices and high cost of production. A shutdown could cut Chinese lithium production by 8% -- or fail to cut it at all.
More Altus Midstream Co. Class A News

Company Profile

Altus Midstream Co. engages in the ownership of gas gathering, processing, and transmission assets. It focuses on the Permian Basin of West Texas. The company was founded on December 12, 2016 and is headquartered in Houston, TX.

Head office United States
CEO Paul Graves
Employees 2,900
Founded 2023
Website arcadiumlithium.com

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