Amplify Energy Corp. (AMPY)

Market Cap	267.98M
Revenue (ttm)	307.60M
Net Income (ttm)	392.75M
Shares Out	39.47M
EPS (ttm)	9.66
PE Ratio	0.72
Forward PE	6.95
Dividend	n/a
Ex-Dividend Date	n/a

Volume	269,590
Open	6.81
Previous Close	6.81
Day's Range	6.76 - 6.94
52-Week Range	3.56 - 8.21
Beta	2.08
Analysts	Strong Buy
Price Target	9.25 (+36.73%)
Earnings Date	May 1, 2024

About AMPY

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.

• Industry: Oil & Gas Exploration & Production
• Sector: Energy
• IPO Date: Dec 9, 2011
• Employees: 214
• Stock Exchange: NYSE
• Ticker Symbol: AMPY

Financial Performance

In 2023, Amplify Energy's revenue was $307.60 million, a decrease of -32.91% compared to the previous year's $458.46 million. Earnings were $392.75 million, an increase of 578.62%.

Analyst Forecast

According to 2 analysts, the average rating for AMPY stock is "Strong Buy." The 12-month stock price forecast is $9.25, which is an increase of 36.73% from the latest price.

Price Target

$9.25

(36.73% upside)

Analyst Consensus: Strong Buy