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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 INDUSTRIES INC reported quarterly revenue of $16 thousand and a net loss of $46 thousand for the period ended 2017-03-31.

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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 INDUSTRIES INC reported quarterly revenue of $26 thousand and a net loss of $76 thousand for the period ended 2014-06-30.

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25 Apr 2014quarterly activities report▼ Bad

ALTEX INDUSTRIES INC reported quarterly revenue of $22 thousand and a net loss of $79 thousand for the period ended 2014-03-31.

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7 Feb 2014quarterly activities report▼ Bad

ALTEX INDUSTRIES INC reported quarterly revenue of $27 thousand and a net loss of $70 thousand for the period ended 2013-12-31.

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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 oil and gas subsidiary sold its interest in three small Campbell County, Wyoming wells to Powder River Coal Company for $222,000 -- a first step in winding down its Wyoming well portfolio.

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