Amplify Energy Corp.
- Open
- 3.99
- Day high
- 4.04
- Day low
- 3.96
- Prev close
- 3.98
- Volume
- 118K
- Mkt cap
- $166M
- P/E (TTM)
- 16.1
- EPS (TTM)
- $0.25
- P/B
- 0.4
- P/S
- 0.7
- Yield
- —
- Per share
- —
- ▲Insiders net buying $99K over the last 3 months (1 open-market buy, 0 sales)
- 🏛Institutions accumulating (13F)
Amplify Energy Corp. (AMPY) is a Energy company listed on NYSE. The stock is up 21% over the past year. Over the trailing 3 months, insiders filed 1 open-market buy and 0 sales (SEC Form 4).
Amplify Energy Corp. (AMPY) financials & analyst ratings
Fundamentals (TTM)
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
AMPY earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 11, 2026 | $0.06 | $0.13 | +136.4% | $37M | -1.7% |
| Mar 9, 2026 | $0.12 | $-0.24 | -300.0% | $57M | +50.6% |
| Nov 5, 2025 | $0.21 | $-0.15 | -171.4% | $66M | -6.6% |
| Aug 6, 2025 | $0.02 | $-0.10 | -600.0% | $68M | -7.2% |
| Mar 5, 2025 | $0.30 | $0.13 | -56.7% | $69M | -12.2% |
| Mar 6, 2024 | $0.19 | $1.07 | +463.2% | $79M | +3.6% |
| May 3, 2023 | $-0.05 | $-0.06 | -31.3% | $80M | +25.2% |
| Mar 9, 2023 | $-0.07 | $0.74 | +1157.1% | $99M | +40.5% |
| Nov 1, 2022 | $0.17 | $1.17 | +588.2% | $126M | +68.6% |
| Aug 3, 2022 | $-0.25 | $0.73 | +392.0% | $122M | — |
| May 4, 2022 | $-0.22 | $-1.27 | -477.3% | $111M | +19.8% |
| Mar 9, 2022 | $0.26 | $0.94 | +261.5% | $93M | +41.7% |
AMPY insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jun 23, 2026 | FREW JAMESofficer: SEE REMARKS | Buy | 25,000 | $3.95 |
| Mar 17, 2026 | COGHILL CLINT Ddirector | Sell | 242,489 | $6.31 |
| Mar 17, 2026 | COGHILL CLINT Ddirector | Sell | 501,279 | $6.42 |
| Mar 17, 2026 | COGHILL CLINT Ddirector | Sell | 256,232 | $6.66 |
| Feb 4, 2026 | France Natashaofficer: SEE REMARKS | Grant | 13,705 | — |
| Feb 4, 2026 | Willis Eric M.officer: See Remarks | Tax | 17,956 | $5.02 |
| Feb 4, 2026 | France Natashaofficer: SEE REMARKS | Option | 10,449 | $0.01 |
| Feb 4, 2026 | France Natashaofficer: SEE REMARKS | Tax | 3,100 | $5.02 |
| Feb 4, 2026 | FURBEE DANIELdirector, officer: SEE REMARKS | Option | 51,580 | $0.01 |
| Feb 4, 2026 | Lopez Anthony Williamofficer: SEE REMARKS | Option | 12,641 | — |
| Feb 4, 2026 | Willis Eric M.officer: See Remarks | Option | 45,243 | $0.01 |
| Feb 4, 2026 | FREW JAMESofficer: SEE REMARKS | Tax | 19,917 | $5.02 |
| Feb 4, 2026 | FURBEE DANIELdirector, officer: SEE REMARKS | Grant | 70,685 | — |
| Feb 4, 2026 | Willis Eric M.officer: See Remarks | Grant | 67,120 | — |
| Feb 4, 2026 | Lopez Anthony Williamofficer: SEE REMARKS | Option | 65,641 | $0.01 |
Source: AMPY SEC Form 4 filings, latest Jun 23, 2026. For informational purposes only — not investment advice.
See the full AMPY insider & 13F page →Amplify Energy Corp. company profile
Overview
Amplify Energy Corp. (NYSE:AMPY) is an independent oil and natural gas exploration and production company founded in 2012 and headquartered in Houston, Texas. The company operates across multiple regions in the United States, including Oklahoma, the Rocky Mountain region, federal waters offshore Southern California, East Texas/North Louisiana, and the Eagle Ford formation. Since its initial public offering in April 2012, Amplify has focused on acquiring, developing, and producing oil and natural gas properties, building a portfolio of approximately 2,417 gross producing wells and total estimated proved reserves of 121.2 million barrels of oil equivalent as of December 2021.
Business
Amplify Energy operates in the upstream oil and gas industry, which involves the exploration, development, and production of crude oil and natural gas from underground reservoirs. This is the first stage of the petroleum supply chain, where companies locate hydrocarbon deposits, drill wells, and extract these resources from the earth before they are refined or processed. The company's core business revolves around oil and gas production from multiple geographic regions across the United States. Their operations include both operated properties (where Amplify serves as the operator and decision-maker) and non-operated working interests (where they own a stake but another company operates the asset). The production portfolio typically consists of approximately 40-45% crude oil, 16-19% natural gas liquids (NGLs), and 38-41% natural gas. Amplify's key operational areas include: 1. Beta Field (Southern California) - An offshore platform operation in federal waters that represents one of their most significant development opportunities, with recent wells achieving initial production rates of 590-730 barrels of oil per day and internal rates of return exceeding 100%. 2. Oklahoma Operations - Conventional oil and gas production with ongoing workover programs to optimize existing wells and maintain production levels. 3. Rocky Mountain Assets (Bairoil, Wyoming) - Traditional production assets that the company has been actively marketing for potential divestiture to optimize their portfolio. 4. Eagle Ford and East Texas/North Louisiana - Primarily non-operated working interests in shale formations where Amplify participates in development programs led by other operators. The company also operates Magnify Energy Services, a subsidiary that provides oilfield services including compression, well testing, and other technical services both internally and to third parties, contributing approximately $3.7 million in adjusted EBITDA in 2024.
Revenue model
Amplify Energy generates revenue primarily through the sale of produced hydrocarbons - crude oil, natural gas, and natural gas liquids - to various purchasers including refineries, midstream companies, and commodity traders. The company's revenue is directly tied to both production volumes and commodity prices, which fluctuate based on global and regional market conditions. The business model centers on developing and producing oil and gas reserves to generate cash flow that can be reinvested in additional development projects or returned to shareholders. With annual revenues of approximately $295 million in 2024, the company focuses on maintaining production levels while selectively investing in high-return development opportunities, particularly in their Beta field where recent wells have achieved payback periods of less than one year. Several factors significantly impact Amplify's profitability and margins: Commodity price volatility represents the primary external risk, as oil and gas prices are influenced by global supply and demand dynamics, geopolitical events, and economic cycles. The company mitigates this through hedging programs, typically covering 70-85% of their oil and gas production for the near term. Operational efficiency and cost management directly affect margins, with lease operating expenses averaging $18-20 per barrel of oil equivalent. The company has implemented cost reduction initiatives and in-house services through Magnify Energy Services to improve margins. Regulatory and environmental factors can significantly impact operations, as demonstrated by the Beta field shutdown following a pipeline incident, which required extensive regulatory approval for restart. Capital allocation decisions affect long-term cash flow generation, with the company currently focusing on high-return Beta field development while deferring lower-return projects during periods of commodity price weakness. Portfolio optimization through asset sales, such as the ongoing monetization of Wyoming assets and Haynesville acreage, can provide additional liquidity for reinvestment in core assets.
Competitive moat
Amplify Energy operates in the highly competitive and commoditized oil and gas exploration and production industry, where sustainable competitive advantages are limited. The company's primary defensive characteristics stem from its strategic asset base rather than traditional economic moats. The Beta field offshore California represents Amplify's strongest competitive position, as it provides access to higher oil prices due to regional market dynamics and offers significant development potential with wells achieving exceptional returns. The offshore location and regulatory complexity create some barriers to entry, though these same factors also increase operational risks and costs. The company's established infrastructure and regulatory relationships in this region provide modest advantages over potential new entrants. Amplify's diversified geographic footprint across multiple basins provides some resilience against regional downturns, though this diversification comes at the cost of operational focus and economies of scale. The company's operational expertise in managing both conventional and unconventional assets offers some competitive benefits, particularly in optimizing older fields and managing complex offshore operations. However, the company faces significant competitive pressures from larger integrated oil companies with superior financial resources, pure-play shale producers with lower-cost development opportunities, and private equity-backed operators with flexible capital structures. The industry's capital-intensive nature and commodity price volatility limit pricing power and create ongoing financial pressure. The regulatory environment, particularly in California, presents both opportunities and threats - while creating barriers to new development, it also imposes significant compliance costs and operational restrictions that can favor larger, better-capitalized competitors. Overall, Amplify's competitive position is modest and primarily dependent on operational execution rather than sustainable structural advantages.
Risks & safety
Amplify Energy presents moderate financial risk with some concerning liquidity indicators but manageable debt levels. Liquidity and Cash Flow: - Current ratio of 0.76x indicates potential short-term liquidity pressure - Operating cash flow of $25.5 million in Q1 2025 provides some cushion - Free cash flow of $0.6 million in Q1 2025 shows minimal financial flexibility - Company maintains $20 million in available liquidity Debt and Solvency: - Total debt of $125 million with net debt-to-EBITDA ratio of 1.3x - Debt-to-equity ratio of 0.91% appears artificially low due to accounting treatment - No immediate solvency concerns but limited financial flexibility Valuation Metrics: - Trading at 0.37x price-to-book ratio, suggesting potential undervaluation - Negative P/E ratio due to recent losses limits traditional valuation analysis - Enterprise value-to-EBITDA of -43.4x distorted by negative EBITDA in Q1 2025 Other Considerations: - Commodity price exposure creates earnings volatility - Recent production guidance cuts and capital deferrals indicate management caution - Asset monetization opportunities (Wyoming, Haynesville) could provide additional liquidity
Recent development
Over the past few years, Amplify Energy has undergone significant strategic repositioning focused on portfolio optimization and capital discipline. The company's most significant recent development has been the restart and development of the Beta field following a pipeline incident that shut down operations. After receiving regulatory approval and completing infrastructure repairs, the company successfully brought the Beta field back online in April 2023 and has since focused development efforts on this high-return asset. The Beta field development program has emerged as the company's primary growth driver, with recent wells including the A50, C59, and C54 wells achieving exceptional performance metrics. These wells have delivered initial production rates of 590-730 barrels of oil per day with internal rates of return exceeding 100% and payback periods of less than one year. The company has added 23 proved undeveloped locations with $180 million in PV-10 value and is developing both traditional D-Sand formations and newer C-Sand horizontal drilling opportunities. In response to commodity price volatility, Amplify has implemented flexible capital allocation strategies, recently deferring three development projects and reducing 2025 capital expenditures from $70-80 million to $55-70 million while maintaining focus on the highest-return opportunities. The company has also pursued portfolio rationalization, actively marketing its Bairoil, Wyoming assets for sale and monetizing Haynesville acreage for $9.2 million in proceeds. A significant strategic development was the announced merger with Juniper Capital portfolio companies, which would add 287,000 net acres in the DJ and Powder River Basins along with 50 million barrels of oil equivalent in proved reserves. This transaction is expected to be accretive to free cash flow in 2025. Additionally, the company established Magnify Energy Services as a subsidiary to provide in-house oilfield services, reducing operating costs and generating additional revenue streams with $3.7 million in adjusted EBITDA in 2024.
AMPY company profile · for informational purposes only — not investment advice.
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