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Altus Midstream Co (Altus Midstream Co) Market Cap : $1,013.0 Mil (As of Apr. 28, 2024)


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What is Altus Midstream Co Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Altus Midstream Co's share price for the quarter that ended in Dec. 2021 was $61.31. Altus Midstream Co's Shares Outstanding (EOP) for the quarter that ended in Dec. 2021 was 16.2 Mil. Therefore, Altus Midstream Co's market cap for the quarter that ended in Dec. 2021 was $996.1 Mil.

Altus Midstream Co's quarterly market cap increased from Jun. 2021 ($252.9 Mil) to Sep. 2021 ($258.6 Mil) and increased from Sep. 2021 ($258.6 Mil) to Dec. 2021 ($996.1 Mil).

Altus Midstream Co's annual market cap declined from Dec. 2019 ($214.3 Mil) to Dec. 2020 ($177.8 Mil) but then increased from Dec. 2020 ($177.8 Mil) to Dec. 2021 ($996.1 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Altus Midstream Co's Enterprise Value for Today is $1,612.8 Mil.


Altus Midstream Co Market Cap Historical Data

The historical data trend for Altus Midstream Co's Market Cap 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.

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Altus Midstream Co Market Cap Chart

Altus Midstream Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Market Cap
Get a 7-Day Free Trial 2,198.27 579.20 214.30 177.81 996.07

Altus Midstream Co Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 177.81 196.58 252.92 258.62 996.07

Competitive Comparison of Altus Midstream Co's Market Cap

For the Oil & Gas Midstream subindustry, Altus Midstream Co's Market Cap, along with its competitors' market caps and Market Cap 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.


Altus Midstream Co's Market Cap Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Altus Midstream Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Altus Midstream Co's Market Cap falls into.



Altus Midstream Co Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Altus Midstream Co's Market Cap for the fiscal year that ended in Dec. 2021 is calculated as

Market Cap (A: Dec. 2021 )=Share Price (A: Dec. 2021 )*Shares Outstanding (EOP) (A: Dec. 2021 )
=$61.31*16.2465
=$996.1

Altus Midstream Co's Market Cap for the quarter that ended in Dec. 2021 is calculated as

Market Cap (Q: Dec. 2021 )=Share Price (Q: Dec. 2021 )*Shares Outstanding (EOP) (Q: Dec. 2021 )
=$61.31*16.2465
=$996.1

* 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.


Altus Midstream Co  (NAS:ALTM) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Altus Midstream Co Market Cap Related Terms

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Altus Midstream Co (Altus Midstream Co) Business Description

Traded in Other Exchanges
N/A
Address
2000 Post Oak Boulevard, One Post Oak Central, Suite 100, Houston, TX, USA, 77056-4400
Altus Midstream Co is the United States-based midstream corporation. Through its consolidated subsidiaries, it owns natural gas gathering, processing, and transmission assets including transmission and gathering pipelines, compressor stations, mechanical refrigeration units, cryogenic units and associated gas treatment facilities in the Permian Basin of West Texas. The majority of the revenue is generated from gas processing services.