The Benchmark Company initiated coverage on Amplify Energy with a new price target
$AMPY
Oil & Gas Production
Energy
The Benchmark Company initiated coverage of Amplify Energy with a rating of Buy and set a new price target of $11.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/2/2024 | $11.00 | Buy | The Benchmark Company |
| 1/22/2024 | $9.00 | Buy | Alliance Global Partners |
| 10/28/2022 | $12.00 | Neutral → Buy | ROTH Capital |
| 10/4/2021 | Buy → Neutral | ROTH Capital | |
| 7/6/2021 | $4.40 → $6.20 | Buy | Roth Capital |
HOUSTON, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE:AMPY) ("Amplify," the "Company," "us," or "our") announced today its operating and financial results for the third quarter of 2024. Key Highlights During the third quarter of 2024, the Company: Achieved average total production of 19.0 MBoepdGenerated net cash provided by operating activities of $15.7 million and net income of $22.7 millionDelivered Adjusted EBITDA of $25.5 millionGenerated $3.6 million of free cash flow Drilled and completed the C59 development well at Beta, achieving an IP30 oil rate of approximately 590 Bopd (gross), which exceeded Company projectionsIn the process of completing the C48 developm
HOUSTON, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Amplify Energy Corp. ("Amplify" or the "Company") (NYSE:AMPY) announced today that it will report third quarter 2024 financial and operating results after the U.S. financial markets close on November 6, 2024. Management will host a conference call at 10:00 a.m. CT on November 7, 2024 to discuss the Company's results. Interested parties are invited to participate in the conference call by dialing (877) 550-1707 (Conference ID: AEC3Q24) 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: 10171254) for a fourteen-day period following the call. About Amplify Energy Ampli
HOUSTON, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Amplify Energy Corp. ("Amplify" or the "Company") (NYSE:AMPY) announced today that the Company will be participating in the Citadel Securities Energy Investor Days in New York City, NY on October 1st, 2024. Amplify's management will be participating in one-on-one meetings with investors on Tuesday, October 1st. About Amplify Energy Amplify Energy Corp. is an independent oil and natural gas company engaged in the acquisition, development, exploitation and production of oil and natural gas properties. Amplify's operations are focused in Oklahoma, the Rockies (Bairoil), federal waters offshore Southern California (Beta), East Texas / North Louisi
4 - Amplify Energy Corp. (0001533924) (Issuer)
4 - Amplify Energy Corp. (0001533924) (Issuer)
4 - Amplify Energy Corp. (0001533924) (Issuer)
HOUSTON, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE:AMPY) ("Amplify," the "Company," "us," or "our") announced today its operating and financial results for the third quarter of 2024. Key Highlights During the third quarter of 2024, the Company: Achieved average total production of 19.0 MBoepdGenerated net cash provided by operating activities of $15.7 million and net income of $22.7 millionDelivered Adjusted EBITDA of $25.5 millionGenerated $3.6 million of free cash flow Drilled and completed the C59 development well at Beta, achieving an IP30 oil rate of approximately 590 Bopd (gross), which exceeded Company projectionsIn the process of completing the C48 developm
HOUSTON, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Amplify Energy Corp. ("Amplify" or the "Company") (NYSE:AMPY) announced today that it will report third quarter 2024 financial and operating results after the U.S. financial markets close on November 6, 2024. Management will host a conference call at 10:00 a.m. CT on November 7, 2024 to discuss the Company's results. Interested parties are invited to participate in the conference call by dialing (877) 550-1707 (Conference ID: AEC3Q24) 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: 10171254) for a fourteen-day period following the call. About Amplify Energy Ampli
HOUSTON, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE:AMPY) ("Amplify," the "Company," "us," or "our") announced today its operating and financial results for the second quarter of 2024. Key Highlights During the second quarter of 2024, the Company: Achieved average total production of 20.3 MBoepdGenerated net cash provided by operating activities of $15.4 million and net income of $7.1 millionDelivered Adjusted EBITDA of $30.7 millionGenerated $9.2 million of free cash flow Drilled and completed the A50 development well at Beta. The A50 well, which came on-line in early June, achieved a peak IP30 oil rate of approximately 730 Bopd (gross) and exceeded Company projections
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. Ms. Prasad brings more than two decades of experience in energy investments, strategic and board advisory, corporate mergers, asset acquisitions and divestitures, capital markets and restructuring. Ms. Prasad is currently
HOUSTON, April 17, 2023 (GLOBE NEWSWIRE) -- Amplify Energy Corp. ("Amplify" or the "Company") (NYSE:AMPY) today announced that James ("Jim") Frew has joined the Company as Senior Vice President and Chief Financial Officer. Martyn Willsher, President and Chief Executive Officer, commented, "I have known and respected Jim as an industry leader for a number of years, and I am excited to welcome him to the Amplify team. Jim's extensive oil and gas experience and depth of financial expertise will be a great asset to our organization and will enable us to deliver additional value to our shareholders." Prior to joining Amplify, Mr. Frew was a partner at Sentinel Petroleum from March 2022 to Apr
HOUSTON, March 20, 2023 (GLOBE NEWSWIRE) -- Amplify Energy Corp. ("Amplify" or the "Company") (NYSE:AMPY) today announced that Dan Furbee has joined the Company as Senior Vice President and Chief Operating Officer. "I am excited to announce that Dan has decided to join Amplify. Dan will be a valuable addition to the management team and brings extensive operational and managerial experience to the Company that will help maximize the value of our cash flow generating properties," said Martyn Willsher, President and Chief Executive Officer. Prior to joining Amplify, Mr. Furbee served as a partner at Sentinel Petroleum from February 2022 to March 2023 and as an independent advisor for variou
10-Q - Amplify Energy Corp. (0001533924) (Filer)
8-K - Amplify Energy Corp. (0001533924) (Filer)
8-K - Amplify Energy Corp. (0001533924) (Filer)
Amplify Energy (NYSE:AMPY) reported quarterly losses of $(0.24) per share which missed the analyst consensus estimate of $0.24 by 200 percent. This is a 214.29 percent decrease over earnings of $0.21 per share from the same period last year. The company reported quarterly sales of $76.299 million which beat the analyst consensus estimate of $76.276 million by 0.03 percent. This is a 4.47 percent decrease over sales of $79.870 million the same period last year.
Benchmark analyst Subash Chandra initiates coverage on Amplify Energy (NYSE:AMPY) with a Buy rating and announces Price Target of $11.
Roth MKM analyst John White maintains Amplify Energy (NYSE:AMPY) with a Buy and maintains $9.5 price target.
4 - Amplify Energy Corp. (0001533924) (Issuer)
4 - Amplify Energy Corp. (0001533924) (Issuer)
4 - Amplify Energy Corp. (0001533924) (Issuer)
SC 13G - Amplify Energy Corp. (0001533924) (Subject)
SC 13G/A - Amplify Energy Corp. (0001533924) (Subject)
SC 13G/A - Amplify Energy Corp. (0001533924) (Subject)
The Benchmark Company initiated coverage of Amplify Energy with a rating of Buy and set a new price target of $11.00
Alliance Global Partners initiated coverage of Amplify Energy with a rating of Buy and set a new price target of $9.00
ROTH Capital upgraded Amplify Energy from Neutral to Buy and set a new price target of $12.00