Altex Industries (Altex Industries) Buyback Yield % : 0.00 (As of May. 18, 2024)

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What is Altex Industries Buyback Yield %?

Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.

Altex Industries's current buyback yield was 0.00%.

Altex Industries Buyback Yield % Historical Data

The historical data trend for Altex Industries's Buyback Yield % 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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Altex Industries Buyback Yield % Chart

Altex Industries Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Buyback Yield %

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1.33

0.40

1.32

3.75

Altex Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Buyback Yield %	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Altex Industries's Buyback Yield %

For the Oil & Gas E&P subindustry, Altex Industries's Buyback Yield %, along with its competitors' market caps and Buyback Yield % 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.

Altex Industries's Buyback Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Altex Industries's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Altex Industries's Buyback Yield % falls into.

Altex Industries Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Altex Industries's Buyback Yield for the fiscal year that ended in Sep. 2023 is calculated as

Buyback Yield	=	Net Issuance of Stock			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	/	Market Cap
	=	- (-0.068	+	0)	/	1.81568
	=	3.75%

Altex Industries's annualized Buyback Yield for the quarter that ended in Mar. 2024 is calculated as

Buyback Yield	=	Net Issuance of Stock		(Annualized)			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	*	Annualized Factor	/	Market Cap
	=	- (0	+	0)	*	4	/	2.8926052
	=	0.00%

In calculating the annualized quarterly data, the Repurchase of Stock and Issuance of Stock data used here is four times the quarterly (Mar. 2024) data.

Altex Industries Buyback Yield % Related Terms

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Altex Industries (Altex Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Altex Industries Inc (OTCPK:ALTX) » Definitions » Buyback Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

700 Colorado Boulevard, Suite 273, Denver, CO, USA, 80206-4084

Website

https://www.altexinc.com/

Altex Industries Inc is a US-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 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.

Executives

Jeffrey S Chernow	director	PO BOX 1057, BRECKENRIDGE CO 80424
Stephen Fante	director	PO BOX 1057, BRECKENRIDGE CO 80424

Altex Industries (Altex Industries) Headlines

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Altex Industries Stock Is Estimated To Be Significantly Overvalued

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