Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Amplify Energy Corp Market Cap
The Amplify Energy Corp (AMPY) share price is expected to increase by 54.61% over the next year. This is based on calculating the average 12-month share price estimate provided by 3 stock analysts who have covered AMPY. Price targets range from $9 at the low end to $11 at the high end. The current analyst consensus for AMPY is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
Amplify Energy Corp has a total of 3 Wall St Analyst ratings. There are 3 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Amplify Energy Corp will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of AMPY.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Subash Chandra Benchmark | Buy | $11 | Reiterates | Oct 16, 2024 |
| Jeff Grampp Alliance Global Partners | Buy | $9.5 | Maintains | Aug 9, 2024 |
| Subash Chandra Benchmark | Buy | $11 | Initiates | May 2, 2024 |
| John White Roth MKM | Buy | $9.5 | Maintains | Apr 12, 2024 |
| Jeff Grampp Alliance Global Partners | Buy | $9 | Initiates | Jan 22, 2024 |
| John White Roth Capital | Buy | $12 | Upgrade | Oct 28, 2022 |
| John White Roth Capital | Neutral | Downgrade | Oct 4, 2021 | |
| John White Roth Capital | Buy | $6.2 | Maintains | Jul 6, 2021 |
Roth Capital | Buy | Upgrade | Dec 16, 2020 | |
Roth Capital | Buy | Initiates | Nov 25, 2020 | |
Northland Capital Markets | Outperform | Initiates | Nov 25, 2020 | |
Roth Capital | Buy | Initiates | Nov 22, 2019 | |
Northland Capital Markets | Outperform | Initiates | Nov 14, 2019 |
When did it IPO
N/A
Staff Count
214
Country
United States
Sector/Industry
Energy/Oil & Gas E&P
CEO
Mr. Martyn A. Willsher
Market Cap
$252.9M
In 2023, AMPY generated $307.6M in revenue, which was a decrease of -32.91% from the previous year. This can be seen as a signal that AMPY's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Thu, 05 Dec 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Amplify Energy's Beta C59 well shows strong performance with a projected payback period of 6-9 months, while the A50 well achieved payback in about 5 months, indicating good development potential.
Why It Matters - Amplify Energy's successful wells signal strong cash flow potential and efficient capital recovery, enhancing investor confidence and indicating promising growth opportunities in the Beta field.
Wed, 27 Nov 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - AMPY's C59 well has been completed and is producing oil at rates higher than anticipated, indicating strong performance and potential for increased revenue.
Why It Matters - AMPY's C59 well exceeding production expectations signals strong operational performance, potentially boosting revenue and enhancing investor confidence in the company's growth prospects.
Thu, 07 Nov 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Amplify Energy Corp. (NYSE: AMPY) will hold its Q3 2024 earnings call on November 7, 2024, at 11:00 AM ET, following the release of results on August 7, 2024. Details are on their website.
Why It Matters - The earnings call provides insights into Amplify Energy's Q3 performance, impacting stock valuations and investor sentiment based on financial results and future guidance.
Thu, 07 Nov 2024
Sentiment - NEUTRAL
Source - Zacks Investment Research
Summary - Investors are advised to focus on shares of CIVI, NOG, CRC, and AMPY in the Zacks Oil and Gas - Exploration and Production - United States industry.
Why It Matters - The recommendation highlights potential investment opportunities in the oil and gas sector, indicating favorable conditions for companies like CIVI, NOG, CRC, and AMPY.
Wed, 06 Nov 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Amplify Energy (AMPY) reported Q3 earnings of $0.54 per share, exceeding estimates of $0.32, and improving from a loss of $0.34 per share in the same quarter last year.
Why It Matters - Amplify Energy's strong earnings beat signals improved profitability, indicating potential growth and positive momentum, which could enhance investor confidence and stock performance.
Wed, 30 Oct 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Amplify Energy (AMPY) may not meet expectations for an earnings beat in its upcoming report, lacking the necessary factors for positive results.
Why It Matters - Amplify Energy's lack of key factors for an earnings beat may indicate weaker financial performance, impacting stock prices and investor sentiment.
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