Amplify Energy (AMPY) Projected to Post Earnings on Monday

Amplify Energy (NYSE:AMPY - Get Free Report) is projected to announce its Q1 2025 earnings results after the market closes on Monday, May 12th. Analysts expect the company to announce earnings of $0.11 per share and revenue of $73.87 million for the quarter.

Amplify Energy (NYSE:AMPY - Get Free Report) last issued its quarterly earnings results on Wednesday, March 5th. The company reported $0.13 EPS for the quarter, missing analysts' consensus estimates of $0.30 by ($0.17). The firm had revenue of $69.02 million for the quarter, compared to analysts' expectations of $76.04 million. Amplify Energy had a net margin of 20.99% and a return on equity of 16.22%. On average, analysts expect Amplify Energy to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Amplify Energy Stock Performance

NYSE:AMPY traded down $0.01 on Friday, reaching $2.88. 490,584 shares of the company's stock were exchanged, compared to its average volume of 480,080. The firm has a market cap of $116.17 million, a price-to-earnings ratio of 1.87 and a beta of 0.37. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.06 and a quick ratio of 1.06. The stock has a fifty day simple moving average of $3.17 and a 200-day simple moving average of $5.03. Amplify Energy has a 52 week low of $2.27 and a 52 week high of $8.15.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Benchmark reissued a "buy" rating and set a $11.00 target price on shares of Amplify Energy in a report on Thursday, January 16th. Alliance Global Partners reiterated a "buy" rating on shares of Amplify Energy in a research note on Friday, March 7th. Finally, Industrial Alliance Securities set a $8.50 price target on shares of Amplify Energy in a report on Friday, March 7th.

Insider Transactions at Amplify Energy

In other Amplify Energy news, Director Todd R. Snyder purchased 25,000 shares of Amplify Energy stock in a transaction on Friday, March 7th. The shares were acquired at an average cost of $3.83 per share, for a total transaction of $95,750.00. Following the completion of the transaction, the director now directly owns 108,416 shares of the company's stock, valued at approximately $415,233.28. The trade was a 29.97 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider James Frew purchased 15,000 shares of the business's stock in a transaction on Friday, March 7th. The shares were acquired at an average price of $3.85 per share, with a total value of $57,750.00. Following the completion of the transaction, the insider now owns 54,222 shares of the company's stock, valued at approximately $208,754.70. This trade represents a 38.24 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders acquired 50,000 shares of company stock valued at $194,900. 1.96% of the stock is owned by corporate insiders.

About Amplify Energy

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.