ALTX (Altex Industries) Exploration Expense (USD Mil): 0.00 (As of . 20)

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ALTX Altex Industries Inc ALTX
24 GF Score
Price $0.17
GF Value $0.23
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Altex Industries Exploration Expense (USD Mil)?

Altex Industries ALTX 24 Exploration Expense (USD Mil) is 0.00 as of . 20. GuruFocus rates ALTX with a GF Score™ of 24/100 and a GF Value™ of $0.23 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Exploration Expense (USD Mil) are the costs a company incurs while searching for oil or gas to drill.

The historical rank and industry rank for Altex Industries's Exploration Expense (USD Mil) or its related term are showing as below:

ALTX's Exploration Expense (USD Mil) is not ranked *
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Exploration Expense (USD Mil) only.

Altex Industries  (OTCPK:ALTX) Exploration Expense (USD Mil) Explanation

Exploration Expense (USD Mil) are the costs a company incurs while searching for oil or gas to drill. It includes costs incurred in identifying areas that may warrant examination and in examining specific areas that are considered to have prospects of containing oil and gas reserves, including costs of drilling exploratory wells and exploratory-type stratigraphic test wells.

Exploration expenses (including prospecting) related to oil and gas producing entities would be included in the operating expenses of the company that entity.

Altex Industries Exploration Expense (USD Mil) Related Terms

Altex Industries Exploration Expense (USD Mil) Historical Data

* Premium members only.

The historical data trend for Altex Industries's Exploration Expense (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Altex Industries Exploration Expense (USD Mil) Chart

Altex Industries Annual Data
Trend Sep21 Sep22 Sep23 Sep24 Sep25
Exploration Expense (USD Mil)
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ALTX vs CRCE, FECOF, ROYL: Exploration Expense (USD Mil) Comparison

For the Oil & Gas E&P subindustry, Altex Industries's Exploration Expense (USD Mil), along with its competitors' market caps and Exploration Expense (USD Mil) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

ALTX
24GF Score
Altex Industries Inc ALTX
Exploration Expense (USD Mil) is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions
What does a Exploration Expense (USD Mil) of 0.00 mean?
Altex Industries (ALTX) has a Exploration Expense (USD Mil) of 0.00 as of . 20. Exploration expenses are the costs a company incurs while searching for oil or gas to drill. View historical data on Altex Industries and its competitors.
Is Altex Industries' Exploration Expense (USD Mil) too high?
Altex Industries' current Exploration Expense (USD Mil) is 0.00. Overall, Altex Industries has a GF Score™ of 24/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Altex Industries' Exploration Expense (USD Mil) compare to CRCE and FECOF?
Altex Industries' Exploration Expense (USD Mil) of 0.00 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Exploration Expense (USD Mil) for an Oil & Gas company?
A good Exploration Expense (USD Mil) depends on the Oil & Gas industry context. However, Exploration Expense (USD Mil) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Exploration Expense (USD Mil) mean?
A high Exploration Expense (USD Mil) can signal that a stock is expensive relative to its fundamentals. Exploration expenses are the costs a company incurs while searching for oil or gas to drill. View historical data on Altex Industries and its competitors. Altex Industries's current Exploration Expense (USD Mil) is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altex Industries stock overvalued right now?
Based on GuruFocus' analysis, Altex Industries (ALTX) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.23, compared to a current price of $0.17 — trading 24.3% below its estimated fair value. The current Exploration Expense (USD Mil) is 0.00. Altex Industries' overall GF Score™ is 24/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Exploration Expense (USD Mil) calculated?
Exploration Expense (USD Mil) is calculated from a company's financial statements. For Altex Industries (ALTX), the current Exploration Expense (USD Mil) is 0.00 as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Altex Industries (ALTX) Overvalued in 2026?

Based on GuruFocus' analysis, Altex Industries stock appears to be undervalued. The current stock price of $0.17 is trading 24.3% below its estimated GF Value™ of $0.23. GuruFocus considers Altex Industries to be Modestly Undervalued.

Key valuation signals for ALTX:

  • Exploration Expense (USD Mil): 0.00
  • GF Value™: $0.23 vs. price of $0.17 (24.3% below fair value)
  • GF Score™: 24/100 with 4 warning signs

No single metric tells the full story. See the ALTX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Altex Industries Business Description

Industry EnergyOil & Gas
Address 700 Colorado Boulevard, Suite 273, Denver, CO, USA, 80206-4084
Altex Industries Inc. is a USA-based holding company. Through its wholly-owned subsidiary, it owns interests in productive onshore oil and gas properties, has bought and sold producing oil and gas properties, and has participated in the drilling of exploratory and development wells, and the completion of existing wells in Utah and Wyoming. The Company's revenue is from sales of oil and gas production, interest income, and, occasionally, bonus payments for mineral leases.
24GF Score

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Exploration Expense (USD Mil) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.17
Price
$0.23
GF Value