Amplify Energy (AMPY) Stock Price, News & Analysis

Company Overview

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. The company is based in Houston, Texas.

Key Stats

• Today's Range: $5.70 to $5.87
• 50-Day Range: $5.79 to $7.08
• 52-Week Range: $3.56 to $8.15
• Volume: 477,776 shs
• Average Volume: 206,492 shs
• Market Capitalization: $227.09 million
• P/E Ratio: 3.71
• Dividend Yield: N/A
• Price Target: $10.00
• Consensus Rating: Buy

Amplify Energy Stock Analysis - MarketRank™

Amplify Energy scored higher than 71% of companies evaluated by MarketBeat, and ranked 121st out of 270 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Amplify Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Amplify Energy has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: -14.40%

Earnings Growth

Earnings for Amplify Energy are expected to decrease by -14.40% in the coming year, from $1.25 to $1.07 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Amplify Energy is 3.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.80.

Price to Earnings Ratio vs. Sector

The P/E ratio of Amplify Energy is 3.71, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.81.

Price to Book Value per Share Ratio

Amplify Energy has a P/B Ratio of 0.57. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.60% of the float of Amplify Energy has been sold short.

Short Interest Ratio / Days to Cover

Amplify Energy has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Amplify Energy has recently increased by 5.58%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Amplify Energy does not currently pay a dividend.

Dividend Growth

Amplify Energy does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Amplify Energy is 25.97%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Amplify Energy will have a dividend payout ratio of 37.38% next year. This indicates that Amplify Energy will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.60% of the float of Amplify Energy has been sold short.

Short Interest Ratio / Days to Cover

Amplify Energy has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Amplify Energy has recently increased by 5.58%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 1.62

News Sentiment

Amplify Energy has a news sentiment score of 1.62. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Amplify Energy this week, compared to 2 articles on an average week.

Search Interest

Only 1 people have searched for AMPY on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Amplify Energy insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.96% of the stock of Amplify Energy is held by insiders.

Percentage Held by Institutions

42.84% of the stock of Amplify Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AMPY Stock Analysis - Frequently Asked Questions

How have AMPY shares performed this year?

Amplify Energy's stock was trading at $5.93 at the beginning of 2024. Since then, AMPY stock has decreased by 3.7% and is now trading at $5.71.
View the best growth stocks for 2024 here.

How were Amplify Energy's earnings last quarter?

Amplify Energy Corp. (NYSE:AMPY) released its quarterly earnings data on Wednesday, August, 7th. The company reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.31 by $0.14. The firm had revenue of $79.50 million for the quarter, compared to analyst estimates of $79.62 million. Amplify Energy had a net margin of 20.99% and a trailing twelve-month return on equity of 16.22%.

Who are Amplify Energy's major shareholders?

Amplify Energy's top institutional investors include Geode Capital Management LLC (2.22%), State Street Corp (2.02%), Foundry Partners LLC (1.44%) and Empowered Funds LLC (0.37%). Insiders that own company stock include Martyn Willsher, Christopher W Hamm, Patrice D Douglas, Deborah G Adams, Eric Edward Dulany and Daniel Furbee.
View institutional ownership trends.

How do I buy shares of Amplify Energy?

Shares of AMPY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Amplify Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Amplify Energy investors own include Tesla (TSLA), Meta Platforms (META), Advanced Micro Devices (AMD), NVIDIA (NVDA), JPMorgan Chase & Co. (JPM), Visa (V) and Netflix (NFLX).

Company Calendar

• Last Earnings: 8/07/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Crude petroleum & natural gas
• Sub-Industry: N/A
• Current Symbol: NYSE:AMPY
• CUSIP: N/A
• CIK: 1533924
• Web: www.amplifyenergy.com
• Phone: (832) 219-9001
• Fax: 302-655-5049
• Employees: 214
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $10.00
• High Stock Price Target: $11.00
• Low Stock Price Target: $9.50
• Potential Upside/Downside: +75.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.54
• Trailing P/E Ratio: 3.71
• Forward P/E Ratio: 4.57
• P/E Growth: N/A
• Net Income: $392.75 million
• Net Margins: 20.99%
• Pretax Margin: 25.42%
• Return on Equity: 16.22%
• Return on Assets: 8.79%

Debt

• Debt-to-Equity Ratio: 0.29
• Current Ratio: 1.06
• Quick Ratio: 1.06

Sales & Book Value

• Annual Sales: $304.65 million
• Price / Sales: 0.75
• Cash Flow: $1.96 per share
• Price / Cash Flow: 2.91
• Book Value: $10.00 per share
• Price / Book: 0.57

Miscellaneous

• Outstanding Shares: 39,770,000
• Free Float: 38,991,000
• Market Cap: $227.09 million
• Optionable: Optionable
• Beta: 1.95