Amplify EnergyAMPY
AMPY
About: Amplify Energy Corp is an independent oil and natural gas company engaged in the acquisition, development, exploitation, and production of oil and natural gas properties in the United States. The company's oil and natural gas properties are located in large, mature oil and natural gas reservoirs. The company assets consists of producing oil and natural gas properties located in Oklahoma, the Rockies, federal waters offshore Southern California, East Texas/North Louisiana, and Eagle Ford.
Employees: 214
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
275% more call options, than puts
Call options by funds: $6.75M | Put options by funds: $1.8M
43% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 21
11% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 37
7% more funds holding
Funds holding: 129 [Q2] → 138 (+9) [Q3]
0.09% more ownership
Funds ownership: 48.29% [Q2] → 48.39% (+0.09%) [Q3]
3% less capital invested
Capital invested by funds: $130M [Q2] → $126M (-$4.13M) [Q3]
50% less funds holding in top 10
Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$11
93%
upside
Avg. target
$11
93%
upside
High target
$11
93%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Benchmark Subash Chandra 17% 1-year accuracy 6 / 35 met price target | 93%upside $11 | Buy Reiterated | 16 Oct 2024 |
Financial journalist opinion
Positive
Seeking Alpha
2 weeks ago
Amplify Energy: Encouraging Continued Results From Beta Development
Amplify Energy's Beta C59 well has exceeded early expectations and is on track for a six- to nine-month payback period. This well is at the far south of the Beta field and points to AMPY having good development opportunities in that area too. The Company's A50 well reached payback in approximately 5 months.
Positive
Zacks Investment Research
3 weeks ago
Amplify Energy Down 8% Since Q3: What to Do With the Stock?
AMPY's newly completed C59 well achieved an impressive oil production rate, surpassing expectations.
Neutral
Seeking Alpha
1 month ago
Amplify Energy Corp. (AMPY) Q3 2024 Earnings Call Transcript
Amplify Energy Corp. (NYSE:AMPY ) Q3 2024 Earnings Conference Call November 7, 2024 11:00 AM ET Company Participants Jim Frew - Senior Vice President and Chief Financial Officer Martyn Willsher - President and Chief Executive Officer Dan Furbee - Senior Vice President and Chief Operating Officer Conference Call Participants Jeff Grampp - Alliance Global Partners Subash Chandra - Benchmark Jeff Robertson - Water Tower Research Operator Welcome to Amplify Energy's Third Quarter 2024 Investor Conference Call. Amplify's operating and financial results were released yesterday after market close on August 7, 2024, and are available on Amplify's website at www.amplifyenergy.com.
Neutral
Zacks Investment Research
1 month ago
A Closer Look at the U.S. Upstream Oil & Gas Industry
Following a careful analysis of the Zacks Oil and Gas - Exploration and Production - United States industry, we advise focusing on shares of companies like CIVI, NOG, CRC and AMPY.
Positive
Zacks Investment Research
1 month ago
Amplify Energy (AMPY) Beats Q3 Earnings Estimates
Amplify Energy (AMPY) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to loss of $0.34 per share a year ago.
Positive
Zacks Investment Research
1 month ago
Amplify Energy (AMPY) Reports Next Week: Wall Street Expects Earnings Growth
Amplify Energy (AMPY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
GlobeNewsWire
1 month ago
Amplify Energy Schedules Third Quarter 2024 Earnings Release and Conference Call
HOUSTON, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (“Amplify” or the “Company”) (NYSE: AMPY) announced today that it will report third quarter 2024 financial and operating results after the U.S. financial markets close on November 6, 2024. Management will host a conference call at 10:00 a.m. CT on November 7, 2024 to discuss the Company's results. Interested parties are invited to participate in the conference call by dialing (877) 550-1707 (Conference ID: AEC3Q24) at least 15 minutes prior to the start of the call. A replay of the call will be available by phone at (800) 654-1563 (Access Code: 10171254) for a fourteen-day period following the call.
Neutral
Zacks Investment Research
2 months ago
Amplify Energy Stock Up 12% This Year: Will Trend Hold?
While AMPY's vulnerability to oil price volatility cannot be ignored, the company has strong long-term potential.
Negative
Seeking Alpha
2 months ago
Amplify Energy: Strong Early Results From The A50 Beta Well
Amplify's A50 Beta well exceeded production expectations and came in below budget. That well is expected to pay back in a bit over 4 months. AMPY is projected to generate $17 million in 2H 2024 FCF after cash income taxes.
Neutral
GlobeNewsWire
3 months ago
Amplify Energy to Participate in the 2024 Citadel Securities Energy Investor Days
HOUSTON, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (“Amplify” or the “Company”) (NYSE: AMPY) announced today that the Company will be participating in the Citadel Securities Energy Investor Days in New York City, NY on October 1st, 2024.
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