AMPY Stock Recent News

AMPY delivered impressive FCF expectations and refinanced its balance sheet with a new credit agreement. The company has reserves expected to last for a long time and already delivers positive FCF. Amplify Energy Corp. appears undervalued, with a discounted future net cash flow significantly higher than its current market capitalization.

Amplify Energy (AMPY) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.73 per share a year ago.

Amplify Energy (AMPY) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

AMPY, FL and FRO have been added to the Zacks Rank #5 (Strong Sell) List on May 23, 2023.

AUB, CASS and AMPY have been added to the Zacks Rank #5 (Strong Sell) List on May 12, 2023.

Amplify Energy Corp. (NYSE:AMPY ) Q1 2023 Earnings Conference Call May 4, 2023 11:00 AM ET Company Participants Jim Frew - Senior Vice President & Chief Financial Officer Martyn Willsher - President & Chief Executive Officer Dan Furbee - Senior Vice President & Chief Operating Officer Conference Call Participants Operator Welcome to the Amplify Energy's First Quarter 2023 Investment Conference Call. Amplify's operating and financial results were released yesterday after market close on May 3, 2023 and are available at Amplify website at www.amplifyenergy.com.

BANC, AVBH and AMPY have been added to the Zacks Rank #5 (Strong Sell) List on May 4, 2023.

Amplify Energy (AMPY) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of $0.03. This compares to loss of $1.27 per share a year ago.

HOUSTON, April 19, 2023 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (“Amplify” or the “Company”) (NYSE: AMPY) announced today that it will report first quarter 2023 financial and operating results after the U.S. financial markets close on May 3, 2023. Management will host a conference call at 10:00 a.m. CT on May 4, 2023 to discuss the Company's results. Interested parties are invited to participate in the conference call by dialing (800) 225-9448 (Conference ID: AEC1Q23) 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: 44231417) for a fourteen-day period following the call.

Twenty-one micro-cap energy producers were evaluated using a quality matrix with factors including Price/Sales, YOY Revenue Growth, Net Income Margin, Free Cash Flow Margin, and Total Debt/Market Cap. I would advise only those investors with a high risk tolerance to consider micro-cap energy producers.