Roth Capital Reduces Earnings Estimates for Amplify Energy

Amplify Energy Corp. (NYSE:AMPY - Free Report) - Research analysts at Roth Capital decreased their Q1 2025 earnings per share estimates for Amplify Energy in a research report issued on Sunday, March 30th. Roth Capital analyst J. White now anticipates that the company will earn $0.11 per share for the quarter, down from their prior estimate of $0.34. The consensus estimate for Amplify Energy's current full-year earnings is $1.25 per share. Roth Capital also issued estimates for Amplify Energy's Q2 2025 earnings at $0.14 EPS, Q3 2025 earnings at $0.18 EPS, Q4 2025 earnings at $0.24 EPS and FY2025 earnings at $0.67 EPS.

Amplify Energy (NYSE:AMPY - Get Free Report) last issued its quarterly earnings results on Wednesday, March 5th. The company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.30 by ($0.17). Amplify Energy had a return on equity of 16.22% and a net margin of 20.99%. The company had revenue of $69.02 million for the quarter, compared to analysts' expectations of $76.04 million.

A number of other research firms also recently commented on AMPY. Benchmark reiterated a "buy" rating and issued a $11.00 price objective on shares of Amplify Energy in a report on Thursday, January 16th. Industrial Alliance Securities set a $8.50 price target on shares of Amplify Energy in a research note on Friday, March 7th. Finally, Alliance Global Partners reissued a "buy" rating on shares of Amplify Energy in a research report on Friday, March 7th.

Amplify Energy Stock Down 10.9 %

Shares of NYSE:AMPY traded down $0.36 during trading hours on Wednesday, reaching $2.91. The stock had a trading volume of 837,418 shares, compared to its average volume of 400,150. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.06 and a current ratio of 1.06. The firm's 50 day moving average is $4.55 and its 200-day moving average is $5.78. The stock has a market capitalization of $117.17 million, a price-to-earnings ratio of 1.89 and a beta of 1.33. Amplify Energy has a 1 year low of $2.76 and a 1 year high of $8.15.

Insider Buying and Selling at Amplify Energy

In other Amplify Energy news, insider James Frew bought 15,000 shares of the company's stock in a transaction on Friday, March 7th. The shares were bought at an average price of $3.85 per share, for a total transaction of $57,750.00. Following the transaction, the insider now owns 54,222 shares of the company's stock, valued at approximately $208,754.70. This trade represents a 38.24 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Todd R. Snyder bought 25,000 shares of the business's stock in a transaction dated Friday, March 7th. The shares were acquired at an average cost of $3.83 per share, with a total value of $95,750.00. Following the completion of the purchase, the director now owns 108,416 shares in the company, valued at approximately $415,233.28. This represents a 29.97 % increase in their position. The disclosure for this purchase can be found here. Insiders purchased a total of 50,000 shares of company stock valued at $194,900 in the last ninety days. Insiders own 1.96% of the company's stock.

Institutional Investors Weigh In On Amplify Energy

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. BNP Paribas Financial Markets purchased a new position in shares of Amplify Energy in the fourth quarter valued at $38,000. Quarry LP acquired a new stake in shares of Amplify Energy in the third quarter valued at approximately $43,000. Caption Management LLC purchased a new position in shares of Amplify Energy during the 4th quarter worth approximately $44,000. Invesco Ltd. purchased a new stake in Amplify Energy in the 4th quarter valued at approximately $65,000. Finally, ProShare Advisors LLC acquired a new stake in Amplify Energy during the 4th quarter valued at $66,000. Institutional investors and hedge funds own 42.84% of the company's stock.

About Amplify Energy

Amplify Energy Corp., together with its subsidiaries, engages in the acquisition, development, exploitation, and production of oil and natural gas properties in the United States. The company's properties consist of operated and non-operated working interests in producing and undeveloped leasehold acreage, as well as working interests in identified producing wells located in Oklahoma, the Rockies, federal waters offshore Southern California, East Texas/North Louisiana, and Eagle Ford.