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ALTEX INDUSTRIES INC

NYSE:ALTX
US$0.2299Close 7 Oct 2026 · delayed

Past year: ▼ 12%(17.0c – 29.0c USD)

Market cap
A$3.6m
Shares on issue
11.2m
In-ground value
A$10k
Risked multiple
0.00×
Story beats
2 since 2005
Last event
10 Jan 2006

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

12 May 2017quarterly activities report▼ Bad

Altex reported total revenue of $19 thousand for the quarter ended 31 March 2017, including $16 thousand of oil and gas sales, and a net loss of $46 thousand. Sales rose mainly because of a newly drilled well.

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10 Feb 2017quarterly activities report▼ Bad

ALTEX INDUSTRIES INC reported quarterly revenue of $21 thousand and a net loss of $23 thousand for the period ended 2016-12-31.

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12 Aug 2016quarterly activities report▼ Bad

ALTEX INDUSTRIES INC reported quarterly revenue of $3 thousand and a net loss of $100 thousand for the period ended 2016-06-30.

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13 May 2016quarterly activities report▼ Bad

ALTEX INDUSTRIES INC reported quarterly revenue of $9 thousand and a net loss of $93 thousand for the period ended 2016-03-31.

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12 Feb 2016quarterly activities report▼ Bad

ALTEX INDUSTRIES INC reported quarterly revenue of $5 thousand and a net loss of $90 thousand for the period ended 2015-12-31.

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31 July 2015quarterly activities report▼ Bad

ALTEX INDUSTRIES INC reported quarterly revenue of $22 thousand and a net loss of $76 thousand for the period ended 2015-06-30.

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8 May 2015quarterly activities report▼ Bad

ALTEX INDUSTRIES INC reported quarterly revenue of $7 thousand and a net loss of $97 thousand for the period ended 2015-03-31.

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30 Jan 2015quarterly activities report▼ Bad

ALTEX INDUSTRIES INC reported quarterly revenue of $23 thousand and a net loss of $73 thousand for the period ended 2014-12-31.

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1 Aug 2014quarterly activities report▼ Bad

Altex reported quarterly revenue of $30 thousand and a net loss of $76 thousand for the quarter ended 30 June 2014. Cash stood at about $2.75 million.

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25 Apr 2014quarterly activities report▼ Bad

Altex reported quarterly revenue of $27 thousand and a net loss of $79 thousand for the quarter ended 31 March 2014. Cash stood at about $2.77 million.

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7 Feb 2014quarterly activities report▼ Bad

Altex reported quarterly revenue of $30 thousand and a net loss of $70 thousand for the quarter ended 31 December 2013. Cash was little changed at about $2.78 million.

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30 Aug 2013auditor change● Neutral

Auditor Comiskey and Company declined to stand for re-election; Altex appointed Malone Bailey LLP in its place.

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9 Aug 2013quarterly activities report▼ Bad

ALTEX INDUSTRIES INC reported quarterly revenue of $32 thousand and a net loss of $68 thousand for the period ended 2013-06-30.

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10 May 2013quarterly activities report▼ Bad

ALTEX INDUSTRIES INC reported quarterly revenue of $19 thousand and a net loss of $86 thousand for the period ended 2013-03-31.

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6 Feb 2013quarterly activities report▼ Bad

ALTEX INDUSTRIES INC reported quarterly revenue of $33 thousand and a net loss of $70 thousand for the period ended 2012-12-31.

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3 Aug 2012quarterly activities report▼ Bad

ALTEX INDUSTRIES INC reported quarterly revenue of $55 thousand and a net loss of $42 thousand for the period ended 2012-06-30.

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11 May 2012quarterly activities report▼ Bad

ALTEX INDUSTRIES INC reported quarterly revenue of $41 thousand and a net loss of $55 thousand for the period ended 2012-03-31.

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10 Feb 2012quarterly activities report▼ Bad

ALTEX INDUSTRIES INC reported quarterly revenue of $28 thousand and a net loss of $106 thousand for the period ended 2011-12-31.

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18 July 2011quarterly activities report▼ Bad

ALTEX INDUSTRIES INC reported quarterly revenue of $36 thousand and a net loss of $84 thousand for the period ended 2011-06-30.

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6 May 2011quarterly activities report▼ Bad

ALTEX INDUSTRIES INC reported quarterly revenue of $42 thousand and a net loss of $75 thousand for the period ended 2011-03-31.

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11 Feb 2011quarterly activities report▼ Bad

ALTEX INDUSTRIES INC reported quarterly revenue of $39 thousand and a net loss of $82 thousand for the period ended 2010-12-31.

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12 Aug 2010quarterly activities report▼ Bad

ALTEX INDUSTRIES INC reported quarterly revenue of $43 thousand and a net loss of $67 thousand for the period ended 2010-06-30.

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13 May 2010quarterly activities report▼ Bad

ALTEX INDUSTRIES INC reported quarterly revenue of $43 thousand and a net loss of $67 thousand for the period ended 2010-03-31.

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1 Nov 2006material agreement● Neutral

Altex renewed CEO Steven H. Cardin's employment agreement for another five years at $244,334/year plus a bonus of at least 10% of pretax profits.

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18 Sept 2006material agreement● Neutral

Altex bought back the shares two outside directors had purchased in 1998 with company loans, letting them use the proceeds to retire those decade-old loans -- a routine cleanup of an old insider financing arrangement.

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18 Sept 2006director interest notice● Neutral

ALTEX INDUSTRIES INC director Jeffrey S Chernow disposed of 155,544 shares via option/appreciation-right settlement.

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18 Sept 2006director interest notice● Neutral

ALTEX INDUSTRIES INC director Stephen Fante disposed of 155,544 shares via option/appreciation-right settlement.

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10 Jan 2006asset acquisition disposition▼ BadMajor

The Wyoming asset sales to Wellstar, Chaparral and Penroc closed, bringing in about $2.39 million cash combined and leaving Altex with only minor Utah royalty interests.

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19 Dec 2005material agreement▼ BadMajor

At an oil and gas asset auction, Altex agreed to sell essentially all its remaining Wyoming working and royalty interests -- to Wellstar (~$1.85M), Chaparral Energy (~$335K) and Penroc Oil (~$180K) -- retaining only minor Utah and undeveloped Wyoming interests, effectively exiting active oil and gas operations.

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27 Oct 2005material agreement● Neutral

Altex's subsidiary Altex Oil Corporation conveyed its interests in three producing Thunder Creek wells in Campbell County, Wyoming, plus the associated leases and agreements, to Powder River Coal Company. It received gross proceeds of $222,000.

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