Altex Industries, Inc.

Altex Industries, Inc.verified

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

The ROE as of July 2025 (TTM) for Altex Industries, Inc. (ALTX) is 22.46%

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.

Altex Industries, Inc. (ALTX) Historical ROE (quarterly & annually)

How has ALTX ROE performed in the past?

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%.

Quarterly (TTM)
Annual

Average

3.54%

Median

-8.66%

Minimum

-24.10%

Maximum

92.49%

Altex Industries, Inc. (ALTX) ROE by Quarter and Year

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%

Quarterly (TTM)
Annual
YearROEChange
202428.27%-344.26%
2023-11.57%-112.51%
202292.49%-1248.19%
2021-8.06%-20.23%
2020-10.10%-765.96%
20191.52%-126.96%
2018-5.62%-39.36%
2017-9.27%-61.52%
2016-24.10%32.70%
2015-18.16%35.06%

Altex Industries, Inc. (ALTX) Average ROE

How has ALTX ROE performed in the past?

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. (ALTX) ROE vs. Peers

How is ALTX’s ROE compared to its peers?

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%),

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