Amplify Energy Corp. 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. As of December 31, 2020, it had total estimated proved reserves of approximately 113.8 million barrels of oil equivalent; and 2,448 gross producing wells. Amplify Energy Corp. was founded in 2011 and is based in Houston, Texas.
IPO Year: 2016
Exchange: NYSE
Website: amplifyenergy.com
| 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 |
4 - Amplify Energy Corp. (0001533924) (Issuer)
4 - Amplify Energy Corp. (0001533924) (Issuer)
4 - Amplify Energy Corp. (0001533924) (Issuer)
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
HOUSTON, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Amplify Energy Corp. ("Amplify" or the "Company") (NYSE:AMPY) announced today that the Company will be participating in the 29th Annual EnerCom Denver – The Energy Investment Conference in Denver, Colorado on August 19-20th, 2024. Amplify's President and Chief Executive Officer, Martyn Willsher, and Jim Frew, Senior Vice President and Chief Financial Officer, will be participating in one-on-one meetings with investors on Monday, August 19th and Tuesday, August 20th. In addition, Mr. Willsher will be presenting at 8:55 A.M. MT on Tuesday, August 20th, followed by a 50-minute breakout session. Interested parties can listen to the webcast by regist
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
Investors, Analysts, and Energy Industry Professionals Can Register to Attend at www.enercomdenver.com DENVER, July 29, 2024 /PRNewswire/ -- EnerCom, Inc. is pleased to announce that institutional investors, portfolio managers, financial analysts, CIOs and other investment industry professionals registered for EnerCom Denver – The Energy Investment Conference can now request One-on-One meetings with senior management teams of participating companies (listed below). The energy investment community and industry professionals are encouraged to register now for EnerCom Denver, which will take place August 18–21, 2024, at the Westin Denver Downtown. There is no cost to register for the conference
HOUSTON, July 24, 2024 (GLOBE NEWSWIRE) -- Amplify Energy Corp. ("Amplify" or the "Company") (NYSE:AMPY) announced today that it will report second quarter 2024 financial and operating results after the U.S. financial markets close on August 7, 2024. Management will host a conference call at 10:00 a.m. CT on August 8, 2024 to discuss the Company's results. Interested parties are invited to participate in the conference call by dialing (800) 245-3047 (Conference ID: AEC2Q24) 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: 71724901) for a fourteen-day period following the call. About Amplify Energy Amplify
Investors, Analysts, and Energy Industry Professionals Can Register to Attend at www.enercomdenver.com Emerging Energy Technology and Energy Transition Companies are Invited to Present at EnerCom Denver DENVER, July 17, 2024 /PRNewswire/ -- EnerCom, Inc. is pleased to publish presentation times and schedules for participating companies on the conference website for the 29th Annual EnerCom Denver – The Energy Investment Conference, to be held August 18-21, 2024, at the Westin Denver Downtown. The four-day conference provides investors unparalleled access and networking opportunities, including one-on-one meetings with company management teams. Meetings are limited to qualified investors, incl
EnerCom is accepting applications from start-up companies focused on innovation in alternative energy, advanced oil and gas technology, environmental sustainability and carbon solutions to participate in The Energy Transition and Emerging Technology Session Registration for institutional investors, portfolio managers, financial analysts, CIOs, and others in the investment community is free DENVER, June 24, 2024 /PRNewswire/ -- EnerCom, Inc. is pleased to announce that the upcoming EnerCom Denver - The Energy Investment Conference will once again include The Energy Transition and Emerging Technology Session featuring quick-pitch investment pitches from promising start-up energy and technology
Register now for the 29th annual EnerCom Denver – The Energy Investment Conference featuring a diverse group of public and private energy companies at www.enercomdenver.com A growing list of companies has confirmed their participation, and additional companies are being added to the lineup daily Presentation opportunities are available for E&P, Midstream, OFS, and Energy Transition companies DENVER, May 14, 2024 /PRNewswire/ -- EnerCom, Inc. is pleased to announce that Chris Wright, Chairman, and Chief Executive Officer of Liberty Energy, will be the lunch keynote speaker on Monday, August 19, 2024, at EnerCom Denver - The Energy Investment Conference. For the past 29 years, EnerCom Denver
HOUSTON, May 08, 2024 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE:AMPY) ("Amplify," the "Company," "us," or "our") announced today its operating and financial results for the first quarter of 2024. Key Highlights During the first quarter of 2024, the Company: Achieved average total production of 20.2 MBoepd, while successfully implementing a limited turnaround at Bairoil and completing Phase 2 of the Beta infrastructure electrification and emissions reduction projectGenerated net cash provided by operating activities of $7.7 million and a net loss of $9.4 millionDelivered Adjusted EBITDA of $24.9 millionGenerated $2.3 million of free cash flow Based on better-than-expected
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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
ROTH Capital downgraded Amplify Energy from Buy to Neutral
Roth Capital reiterated coverage of Amplify Energy with a rating of Buy and set a new price target of $6.20 from $4.40 previously
4 - Amplify Energy Corp. (0001533924) (Issuer)
4 - Amplify Energy Corp. (0001533924) (Issuer)
4 - Amplify Energy Corp. (0001533924) (Issuer)
4 - Amplify Energy Corp. (0001533924) (Issuer)
4 - Amplify Energy Corp. (0001533924) (Issuer)
4 - Amplify Energy Corp. (0001533924) (Issuer)
4 - Amplify Energy Corp. (0001533924) (Issuer)
4 - Amplify Energy Corp. (0001533924) (Issuer)
4 - Amplify Energy Corp. (0001533924) (Issuer)
4 - Amplify Energy Corp. (0001533924) (Issuer)
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, July 24, 2024 (GLOBE NEWSWIRE) -- Amplify Energy Corp. ("Amplify" or the "Company") (NYSE:AMPY) announced today that it will report second quarter 2024 financial and operating results after the U.S. financial markets close on August 7, 2024. Management will host a conference call at 10:00 a.m. CT on August 8, 2024 to discuss the Company's results. Interested parties are invited to participate in the conference call by dialing (800) 245-3047 (Conference ID: AEC2Q24) 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: 71724901) for a fourteen-day period following the call. About Amplify Energy Amplify
HOUSTON, May 08, 2024 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE:AMPY) ("Amplify," the "Company," "us," or "our") announced today its operating and financial results for the first quarter of 2024. Key Highlights During the first quarter of 2024, the Company: Achieved average total production of 20.2 MBoepd, while successfully implementing a limited turnaround at Bairoil and completing Phase 2 of the Beta infrastructure electrification and emissions reduction projectGenerated net cash provided by operating activities of $7.7 million and a net loss of $9.4 millionDelivered Adjusted EBITDA of $24.9 millionGenerated $2.3 million of free cash flow Based on better-than-expected
HOUSTON, April 24, 2024 (GLOBE NEWSWIRE) -- Amplify Energy Corp. ("Amplify" or the "Company") (NYSE:AMPY) announced today that it will report first quarter 2024 financial and operating results after the U.S. financial markets close on May 8, 2024. Management will host a conference call at 10:00 a.m. CT on May 9, 2024 to discuss the Company's results. Interested parties are invited to participate in the conference call by dialing (800) 901-2707 (Conference ID: AEC1Q24) 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: 59240315) for a fourteen-day period following the call. About Amplify Energy Amplify Energy
HOUSTON, March 06, 2024 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE:AMPY) ("Amplify," the "Company," "us," or "our") announced today its operating and financial results for the fourth quarter and full-year 2023, year-end 2023 proved reserves and guidance for full-year 2024. Key Highlights 2024 strategic updates include: Commenced the Beta development program, with the first well spud in March 2024Initiated the previously announced Bairoil marketing process During the fourth quarter of 2023, the Company: Achieved average total production of 20.8 MBoepdGenerated net cash provided by operating activities of $28.4 million and net income of $43.6 millionDelivered Adjusted EBITDA of $25.2 m
HOUSTON, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Amplify Energy Corp. ("Amplify" or the "Company") (NYSE:AMPY) announced today that it will report fourth quarter 2023 financial and operating results after the U.S. financial markets close on March 6, 2024. Management will host a conference call at 10:00 a.m. CT on March 7, 2024 to discuss the Company's results. Interested parties are invited to participate in the conference call by dialing (800) 343-5172 (Conference ID: AEC4Q23) 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: 28240256) for a fourteen-day period following the call. About Amplify Energy Amplify En
HOUSTON, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE:AMPY) ("Amplify" or the "Company") announced today its operating and financial results for the third quarter of 2023 and additional disclosures. Strategic Updates As Amplify continues to evolve, we are pleased to announce the following near-term strategic initiatives: 1) Bairoil Marketing Process - Amplify has engaged an investment banking firm to conduct a market test of its Bairoil assets. The Company will pursue a complete sale of the assets while also considering alternative monetization structures that would maximize the value of the assets for Amplify's shareholders. The marketing process will commence in the fi
HOUSTON, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Amplify Energy Corp. ("Amplify" or the "Company") (NYSE:AMPY) announced today that it will report third quarter 2023 financial and operating results after the U.S. financial markets close on November 6, 2023. Management will host a conference call at 10:00 a.m. CT on November 7, 2023 to discuss the Company's results. Interested parties are invited to participate in the conference call by dialing (800) 343-5172 (Conference ID: AEC3Q23) 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: 10190845) for a fourteen-day period following the call. About Amplify Energy Ampli
HOUSTON, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE:AMPY) ("Amplify" or the "Company") announced today its operating and financial results for the second quarter of 2023. Key Highlights During the second quarter of 2023, the Company: Achieved average total production of 21.2 Mboepd, up approximately 9% compared to the previous quarterGenerated net cash provided by operating activities of $4.9 million and net income of $9.8 millionDelivered Adjusted EBITDA of $17.6 millionGenerated $6.1 million of free cash flowReaffirmed our full-year 2023 guidanceEntered into a new revolving credit facility with an initial borrowing base of $150 million and elected commi
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.
– SEC Filing
Amplify said its Beta field operations and development program have not been disrupted.
Amplify Energy (NYSE:AMPY) reported quarterly earnings of $1.07 per share which beat the analyst consensus estimate of $0.18 by 494.44 percent. This is a 44.59 percent increase over earnings of $0.74 per share from the same period last year. The company reported quarterly sales of $78.98 million which beat the analyst consensus estimate of $76.22 million by 3.63 percent. This is a 20.17 percent decrease over sales of $98.95 million the same period last year.
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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
HOUSTON, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Amplify Energy Corp. ("Amplify" or the "Company") (NYSE:AMPY) announced today the appointment of James ("Jim") E. Craddock to the Amplify Board of Directors ("Board"). Mr. Craddock 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. Mr. Craddock will also serve on the Nominating and Governance Committee of the Board. Mr. Craddock is a seasoned upstream executive and director who possesses broad-based technical and operational knowledge with over 30 years of experience. Mr. Craddock served as the Ch
HOUSTON, April 07, 2022 (GLOBE NEWSWIRE) -- Amplify Energy Corp. ("Amplify" or the "Company") (NYSE:AMPY) announced the appointment today of Deborah ("Debbie") G. Adams and Eric T. Greager to the Amplify Board of Directors ("Board"). Ms. Adams and Mr. Greager join 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. Adams was most recently the Senior Vice President of Health, Safety, and Environmental ("HSE"), Projects and Procurement at Phillips 66, where she oversaw all regulatory affairs and processes. Mr. Greager is the former President, Chie
HOUSTON, Feb. 10, 2021 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify” or the “Company”) announced today the appointment of Patrice Douglas to the Company’s Board of Directors (the “Board”). Ms. Douglas will serve on the Audit Committee of the Board. Ms. Douglas is an attorney, who represents financial institutions, energy companies, municipalities, and utilities on legal, regulatory and compliance matters. Previously, Ms. Douglas served as Senior Vice President and then President of SpiritBank from 2004 to 2007 and Executive Vice President of First Fidelity Bank from 2007 to 2011. Ms. Douglas was elected as mayor of Edmond, Oklahoma in 2009 and served for two terms. As a
HOUSTON, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify” or the “Company”) announced today executive management and Board of Director changes effective January 19, 2021. Martyn Willsher, Amplify’s current Interim CEO and CFO, has been named President and Chief Executive Officer of the Company and appointed to the Board of Directors. Jason McGlynn, Amplify’s current Vice President of Business Development, has been named Senior Vice President and Chief Financial Officer. Additionally, Chris Hamm, Amplify’s current Lead Director, has been appointed Chairman of the Board of Directors. Amplify’s former Chairman of the Board of Directors, David Proman, will cont
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