Amplify Energy (AMPY) to Release Earnings on Monday

Amplify Energy (NYSE:AMPY - Get Free Report) is expected 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 business 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 up $0.03 during trading on Wednesday, reaching $2.69. The company's stock had a trading volume of 1,111,777 shares, compared to its average volume of 481,287. The firm has a market cap of $108.30 million, a price-to-earnings ratio of 1.74 and a beta of 0.37. Amplify Energy has a 12 month low of $2.27 and a 12 month high of $8.15. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.06 and a current ratio of 1.06. The firm has a 50 day moving average of $3.24 and a 200-day moving average of $5.08.

Insider Transactions at Amplify Energy

In related news, insider James Frew bought 15,000 shares of Amplify Energy stock in a transaction on Friday, March 7th. The stock was acquired at an average price of $3.85 per share, with a total value of $57,750.00. Following the acquisition, the insider now directly owns 54,222 shares of the company's stock, valued at $208,754.70. This represents a 38.24 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Deborah G. Adams purchased 10,000 shares of the stock in a transaction dated Tuesday, March 11th. The stock was purchased at an average cost of $4.14 per share, for a total transaction of $41,400.00. Following the completion of the acquisition, the director now owns 61,961 shares of the company's stock, valued at approximately $256,518.54. This represents a 19.25 % increase in their position. The disclosure for this purchase can be found here. Insiders acquired 50,000 shares of company stock worth $194,900 over the last quarter. Corporate insiders own 1.96% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have commented on AMPY. Alliance Global Partners reaffirmed a "buy" rating on shares of Amplify Energy in a research report on Friday, March 7th. Benchmark reiterated a "buy" rating and issued a $11.00 price objective on shares of Amplify Energy in a research note on Thursday, January 16th. Finally, Industrial Alliance Securities set a $8.50 target price on Amplify Energy in a research report on Friday, March 7th.

Amplify Energy Company Profile

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.