Amplify Energy (NYSE:AMPY - Get Free Report) will be releasing its earnings data after the market closes on Wednesday, May 8th. Analysts expect Amplify Energy to post earnings of $0.23 per share for the quarter. Persons that wish to register for the company's earnings conference call can do so using this link.
Amplify Energy (NYSE:AMPY - Get Free Report) last released its quarterly earnings data on Wednesday, March 6th. The company reported $1.07 EPS for the quarter, beating the consensus estimate of $0.21 by $0.86. The business had revenue of $78.99 million for the quarter, compared to the consensus estimate of $73.33 million. Amplify Energy had a net margin of 122.36% and a return on equity of 10.50%.
Amplify Energy Stock Performance
Shares of AMPY stock traded down $0.34 during trading hours on Wednesday, hitting $6.72. The company's stock had a trading volume of 596,901 shares, compared to its average volume of 584,981. The company has a 50 day moving average of $6.56 and a 200 day moving average of $6.34. The stock has a market cap of $266.18 million, a PE ratio of 0.70 and a beta of 2.10. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.29. Amplify Energy has a 12-month low of $3.56 and a 12-month high of $8.21.
Analysts Set New Price Targets
Several research firms have recently commented on AMPY. Roth Mkm reaffirmed a "buy" rating and issued a $9.50 price objective on shares of Amplify Energy in a report on Friday, April 12th. Alliance Global Partners assumed coverage on shares of Amplify Energy in a research note on Monday, January 22nd. They issued a "buy" rating and a $9.00 target price for the company.
Check Out Our Latest Analysis on AMPY
Amplify Energy Company Profile
(
Get Free Report)
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.
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