ALTX
Price:
$0.3
Market Cap:
$3.37M
Altex Industries, Inc., through its subsidiary, Altex Oil Corporation, owns interests in productive onshore oil and gas properties located in Utah and Wyoming. As of September 30, 2021, it had 1,000 barrels of proved and developed oil reserves. The company was incorporated in 1985 and is based in Denver, Colorado.
Industry
Oil & Gas Exploration & Production
IPO Date
1994-04-08
Stock Exchange
OTC
Ticker
ALTX
According to Altex Industries, Inc.’s latest financial reports and current stock price. The company's current ROE is 22.46%. This represents a change of 351.16% compared to the average of 4.98% of the last 4 quarters.
The mean historical ROE of Altex Industries, Inc. over the last ten years is 3.54%. The current 22.46% ROE has changed 534.92% with respect to the historical average. Over the past ten years (40 quarters), ALTX's ROE was at its highest in in the March 2022 quarter at 92.90%. The ROE was at its lowest in in the December 2024 quarter at -8.11%.
Average
3.54%
Median
-8.66%
Minimum
-24.10%
Maximum
92.49%
Discovering the peaks and valleys of Altex Industries, Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 35.06%
Maximum Annual ROE = 92.49%
Minimum Annual Increase = -1248.19%
Minimum Annual ROE = -24.10%
Year | ROE | Change |
---|---|---|
2024 | 28.27% | -344.26% |
2023 | -11.57% | -112.51% |
2022 | 92.49% | -1248.19% |
2021 | -8.06% | -20.23% |
2020 | -10.10% | -765.96% |
2019 | 1.52% | -126.96% |
2018 | -5.62% | -39.36% |
2017 | -9.27% | -61.52% |
2016 | -24.10% | 32.70% |
2015 | -18.16% | 35.06% |
The current ROE of Altex Industries, Inc. (ALTX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
36.39%
5-year avg
18.21%
10-year avg
3.54%
Altex Industries, Inc.’s ROE is greater than ADX Energy Ltd (-46.97%), less than AER Energy Resources, Inc (124.97%), less than Alamo Energy Corp. (145.43%), greater than Arête Industries, Inc. (0%), greater than Tenaz Energy Corp. (-13.26%), less than CKX Lands, Inc. (4.13%), greater than ERHC Energy Inc. (0%), greater than FEC Resources Inc. (-4.12%), less than The Reserve Petroleum Company (12.99%), greater than Spindletop Oil & Gas Co. (-3.29%),
Company | ROE | Market cap |
---|---|---|
-46.97% | $10.02M | |
124.97% | $13.73K | |
145.43% | $13.74K | |
0% | $1.66K | |
-13.26% | $401.88M | |
4.13% | $22.17M | |
0% | $285.91K | |
-4.12% | $1.46M | |
12.99% | $25.04M | |
-3.29% | $20.42M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Altex Industries, Inc. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Altex Industries, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the ROE?
How can you use the ROE?
What is Altex Industries, Inc.'s ROE?
How is the ROE calculated for Altex Industries, Inc. (ALTX)?
What is the highest ROE for Altex Industries, Inc. (ALTX)?
What is the 3-year average ROE for Altex Industries, Inc. (ALTX)?
What is the 5-year average ROE for Altex Industries, Inc. (ALTX)?
How does the current ROE for Altex Industries, Inc. (ALTX) compare to its historical average?