Is Amplify Energy Corp. (AMPY) a Buy, Sell, or Hold?
Amplify Energy Corp.
NYSE:AMPY
$4.13 USD
$0 (0.0%)
- Volume
- 562.7K
- Average Volume
- 796.15K
- Market Capitalization
- $170.52M
- P/E Ratio
- 16.52
- Dividend Yield
- 0.00%
- Price Target
- $6.50
- Year High
- $6.79
- Year Low
- $3.18
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $1.16
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EnerCom Announces Premier Networking Events for the 31st Annual Energy Investment Conference, Including Monday Charity Golf Tournament, Monday VIP Welcome Mixer, and Tuesday Casino Night
EnerCom Announces Premier Networking Events for the 31st Annual Energy Investment Conference, Including Monday Charity Golf Tournament, Monday gurufocus.com - 2026-05-21 15:00:00 |
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Amplify Energy Announces First Quarter 2026 Results and Announces Beta Field Royalty Relief
HOUSTON, May 11, 2026 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify,” the “Company,” “us,” or “our”) announced today updates to its operating and financial results for the first quarter of 2026 and reaffirmed its full-year 2026 guidance. First Quarter Highlights and Recent Developments During the first quarter of 2026, the Company: Averaged total production of 6.4 Mbopd (100% oil) Generated net cash provided by operating activities of $4.5 million and a net loss of $38.1 million Delivered Adjusted EBITDA of $3.8 million and Adjusted Net Income of $5.3 million Concluded all transition services related to the East Texas and Oklahoma asset divestitures Obtained royalty relief at our Beta field, reducing the Company's royalty burden to approximately 12.5% (from approximately 25.0%) effective May 1, 2026, increasing net production and revenue Continued the drilling program at Beta Completed the C04 well in March with a peak IP30 of 500 Bopd. globenewswire.com - 2026-05-11 16:05:00 |
