Amplify Energy Corp.

Amplify Energy Corp. is an independent oil and natural gas company, which engages in the acquisition, development, exploration, and production of oil and natural gas properties. It focuses on operations in Oklahoma, the Rockies, offshore Southern California, East Texas and North Louisiana, and Eagle Ford. The company was founded in 2011 and is headquartered in Houston, TX.

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Earnings data Q4 2024

Amplify Energy Corp. reports Q4 earnings, focuses on cash flow

Amplify Energy Corp. navigated challenges in Q4 2022 with resilience, maintaining positive free cash flow and addressing operational issues effectively.
Strategic focus on enhancing free cash flow, managing debt reduction, and optimizing capital allocation positions the company for future growth.
Guidance for 2023 outlines production targets, capital budget, and free cash flow expectations, signaling a proactive approach to financial management.
The $96.5 million settlement, hedge book strategy, and plans for production restart reflect progress in overcoming setbacks and driving operational improvements.

Amplify Energy Corp. reports robust Q1 performance and strategic refinancing

Amplify Energy Corp. showcased strong financial performance, operational resilience, and strategic initiatives to enhance value and manage debt effectively.
The company's efforts to optimize production, settle claims, and refinance credit facilities position it well for future growth and stability.
Despite challenges from adverse weather, Amplify Energy Corp. remains focused on increasing free cash flow and driving long-term shareholder value.

Amplify Energy Corp. excels in Q2, reaffirms guidance amid market challenges

Amplify Energy Corp. showcased robust operational and financial performance in Q2 2023, supported by efficient production and cost management.
The company's prudent financial strategies, including securing new credit facilities and maintaining a strong hedge position, reflect a commitment to sustainable growth.
While facing industry challenges and uncertainties, Amplify's focus on operational excellence and financial discipline presents opportunities for future expansion and value creation.

Amplify Energy Corp. meets Q3 projections, focuses on value creation

Amplify Energy Corp. demonstrated operational resilience and financial discipline in Q3 2023.
Strategic initiatives and cost-saving measures position the company for sustainable growth.
Despite challenges, Amplify's focus on value creation and liquidity strength bode well for the future.

Amplify Energy Corp. reports robust Q4 earnings and outlines growth plans

Amplify Energy Corp. demonstrated financial strength and stability in Q4 2023, meeting full-year guidance despite market challenges.
Strategic initiatives and cost-saving measures position the company for growth and profitability in 2024, with a focus on operational efficiency and capital allocation.
Challenges related to cost inflation and market volatility require proactive risk management and continued efforts to enhance operational performance.
Opportunities in asset monetization, development programs, and service expansion offer avenues for revenue growth and improved profitability in the upcoming year.

Amplify Energy Corp. excels in Q1 2024, poised for growth

Amplify Energy Corp.'s Q1 2024 performance exceeded expectations, showcasing operational strength and financial resilience.
While facing challenges in expenses and capital investments, the company is well-positioned to capitalize on growth opportunities and enhance shareholder value.
Strategic initiatives, renegotiated contracts, and hedging strategies position Amplify for a promising future despite market uncertainties.

Amplify Energy Corp. reports robust Q3 earnings amidst strategic decisions

Amplify Energy Corp. posts strong Q3 results, driven by production mix and cost optimization.
Strategic decisions on asset retention and sustainability efforts reflect long-term vision.
Challenges in liquidity and capital return require careful management and evaluation.
Opportunities in monetization and hedging strategies can bolster Amplify's financial resilience.

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Amplify Energy: Better Hedged And Upcoming Catalysts

Amplify Energy (AMPY) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Down -13.69% in 4 Weeks, Here's Why Amplify Energy (AMPY) Looks Ripe for a Turnaround

Amplify appears attractively valued, and there is room for the price to roughly double from here on comparative valuation grounds. Previously, capital allocation was a risk, but a proposal to sell a material asset (Bairoil) in H1 2024 is welcome. There is endemic risk in the energy sector from commodity pricing, but AMPY has reduced its debt load and has hedged out the majority of production to 2025.

Amplify Energy: Q3 Results Suggest An Attractive Trajectory

Amplify Energy Corp. (NYSE:AMPY ) Q3 2023 Results Conference Call November 7, 2023 11:00 AM ET Company Participants Jim Frew - SVP and CFO Martyn Willsher - President and CEO Dan Furbee - SVP and COO Conference Call Participants Operator Welcome to Amplify Energy's Third Quarter 2023 Investor Conference Call. Amplify's operating and financial results were released yesterday after market close on November 6, 2023 and are available on Amplify's website at www.amplifyenergy.com.

Amplify Energy Corp. (AMPY) Q3 2023 Earnings Call Transcript

HOUSTON, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify” or the “Company”) announced today its operating and financial results for the third quarter of 2023 and additional disclosures.

Amplify Energy Announces Third Quarter 2023 Results, Strategic Updates and Issuance of Inaugural Sustainability Report

Favorable commodity prices are likely to have aided Amplify Energy (AMPY) in Q3.

Amplify Energy (AMPY) to Post Q3 Earnings: What's in Store?

Amplify Energy (AMPY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Amplify Energy (AMPY) Q3 Earnings Expected to Decline

Amplify added a significant amount of hedges over the next few years due to requirements from its new credit facility. It has hedged most of its natural gas production, leaving it with limited upside potential from natural gas prices. Amplify does have more upside potential from oil prices and prices for NGLs still.

Amplify Energy: Improved Projected Free Cash Flow Despite New Hedges

HOUSTON, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (“Amplify” or the “Company”) (NYSE: AMPY) announced today that it will report third quarter 2023 financial and operating results after the U.S. financial markets close on November 6, 2023. Management will host a conference call at 10:00 a.m. CT on November 7, 2023 to discuss the Company's results. Interested parties are invited to participate in the conference call by dialing (800) 343-5172 (Conference ID: AEC3Q23) 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: 10190845) for a fourteen-day period following the call.

Amplify Energy Schedules Third Quarter 2023 Earnings Release and Conference Call

HOUSTON, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (“Amplify” or the “Company”) (NYSE: AMPY) is pleased to announce the appointment of Vidisha Prasad to the Amplify Board of Directors (“Board”). Ms. Prasad joins the Board following a comprehensive process, conducted with the assistance of a nationally recognized board recruitment firm, to complement the Board's existing credentials and qualifications. Ms. Prasad will serve as a member of the Audit Committee.

Amplify Energy Announces Board Changes

Amplify Energy (AMPY) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Looking for a Fast-paced Momentum Stock at a Bargain? Consider Amplify Energy (AMPY)

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September — widely regarded as the “worst month for the stock market” — is living up to its reputation. In fact, the S&P 500 is down 1% since August, in line with its average 1.1% monthly decline since 1928.

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HOUSTON, Sept. 01, 2023 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (“Amplify” or the “Company”) (NYSE: AMPY) announced today that the Company has recently added to its commodity derivative positions in order to meet initial hedge requirements under its new senior secured reserve-based revolving credit facility (the “New Credit Facility”) which was announced on August 1, 2023.

Amplify Energy Provides Hedging Update

Amplify Energy is a potential winner in the oil and gas industry due to its valuation and quality assets. AMPY has a solid asset base consisting of low-decline projects across the US, generating consistent cash flows and strong returns. Despite the rise of renewables, oil and gas continue to be reliable and accessible energy sources, making investments in AMPY stock appealing.

Amplify Energy: A Long-Term Winner On Valuation And Quality Assets

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: Beneficial FCF Guidance May Enhance The Valuation

Amplify should generate free cash flow towards the high end of its 2023 guidance for $30 million to $50 million. It also expects to generate $200 million in free cash flow between 2023 and 2025 at end of July strip prices. Amplify closed on a new credit facility, pushing its debt maturity out to 2027.

Amplify Energy: Improving Financial Position After Settlement And Beta Production Ramp Up

HOUSTON, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (“Amplify” or the “Company”) (NYSE: AMPY) announced today that the Company will be participating in the 28th Annual EnerCom Denver – The Energy Investment Conference in Denver, Colorado on August 14-15th, 2023.

Amplify Energy to Participate in the 2023 EnerCom Denver – The Energy Investment Conference

Amplify Energy Corp. (NYSE:AMPY ) Q2 2023 Earnings Call Transcript August 9, 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 John White - Roth MKM Jeffrey Robertson - Water Tower Research Operator Welcome to Amplify Energy' Second Quarter 2023 Investor Conference Call. Amplify's operating and financial results were released yesterday after market closed on August 8, 2023, and are available on amplified website at www.amplifyenergy.com.

Amplify Energy Corp. (AMPY) Q2 2023 Earnings Call Transcript

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) Q2 Earnings and Revenues Beat Estimates

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.

Amplify Energy (AMPY) Surges 5.9%: Is This an Indication of Further Gains?

Amplify Energy has put the oil spill behind it with assets restarting and compensation received. The company is cheap on a conservative valuation (I very comfortably get $9/share at strip) and could fetch a lot more with asset sales or full acquisition ($14/share quite possible).

Amplify Remains Cheap, And A Potential Steal If An Acquisition Comes In

HOUSTON, May 24, 2023 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (“Amplify” or the “Company”) (NYSE: AMPY) announced today that the Company will be participating in the 2023 Louisiana Energy Conference on Wednesday, May 31st at the Ritz-Carlton Hotel in New Orleans, LA.

Amplify Energy to Participate in the 2023 Louisiana Energy Conference

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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.

Amplify Energy Corp. (AMPY) Q1 2023 Earnings Call Transcript

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News for Amplify Energy Corp. Stock (AMPY)