Analysts See $0.14 EPS for Alta Mesa Resources, Inc. (AMR)

August 9, 2018 - By Margaret Guttierez

Analysts expect Alta Mesa Resources, Inc. (NASDAQ:AMR) to report $0.14 EPS on August, 14 before the open.AMR’s profit would be $25.12 million giving it 10.93 P/E if the $0.14 EPS is correct. The stock decreased 0.97% or $0.06 during the last trading session, reaching $6.12. About 206,101 shares traded. Alta Mesa Resources, Inc. (NASDAQ:AMR) has declined 29.26% since August 9, 2017 and is downtrending. It has underperformed by 41.83% the S&P500.

Alta Mesa Resources, Inc. focuses on the acquisition and development of unconventional oil and natural gas reserves in the Anadarko Basin. The company has market cap of $1.10 billion. The firm also offers midstream energy services, including crude gas and oil gathering, processing, and marketing to producers of natural gas, natural gas liquids, crude oil, and condensate in the STACK Play region of Oklahoma. It currently has negative earnings. As of December 31, 2017, its oil, natural gas, and natural gas liquids reserves were 176.2 million barrels of oil equivalent.

More recent Alta Mesa Resources, Inc. (NASDAQ:AMR) news were published by: Seekingalpha.com which released: “Gauging The STACK” on August 08, 2018. Also Benzinga.com published the news titled: “Benzinga’s Top Upgrades, Downgrades For July 30, 2018” on July 30, 2018. Nasdaq.com‘s news article titled: “Alta Mesa Resources to Release 2Q 2018 Results on Aug 14th” with publication date: July 26, 2018 was also an interesting one.

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