Amplify Energy (AMPY) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to loss of $0.34 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 68.75%. A quarter ago, it was expected that this oil and gas company would post earnings of $0.31 per share when it actually produced earnings of $0.17, delivering a surprise of -45.16%.Over the last four quarters, the ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number: 001-35512 | --- | --- | |--------------------------------------------------------------------------------------------- ...

Exhibit 99.1 Amplify Energy Announces Third Quarter 2024 Results, Beta Drilling Results and Issuance of Sustainability Report HOUSTON, November 6, 2024 -- 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: o Achieved average total production of 19.0 MBoepd o Generated net cash provided by operating activities of $15.7 million and net inc ...

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 ...

Amplfy Energy's (AMPY) stock price has given double-digit returns since the beginning of 2024. Shares have gained 12.3% this year, outrperforming the sector and the subindustry. The company is also faring better than its peers like W&T Offshore (WTI) and Ring Energy (REI) .AMPY, WTI and REI Stock Performance ComparisonImage Source: Zacks Investment Research Robust Beta Well PerformanceThe energy explorer’s A50 Beta well has significantly exceeded expectations, both in terms of production output and costs. C ...

We are currently offering a free two-week trial to Distressed Value Investing . Join our community to receive exclusive research about various companies and other opportunities along with full access to my portfolio of historic research that now includes over 1,000 reports on over 100 companies. Amplify Energy (NYSE: AMPY ) reported good Q2 2024 results , which included strong early production from its A50 Beta well. It continues to look at Bairoil monetization options and has received bids, although it may ...

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 producti ...

Amplify Energy's (AMPY) stock price has been under pressure since the beginning of August. Shares have dropped 5.4% this month, underperforming the sector and the S&P 500. Some of the energy explorer’s losses can be tied to declining oil prices on the back of slower economic growth in China. But with the company also faring worse than its peers like W&T Offshore (WTI) and Ring Energy (REI) , there could be more than meets the eye.  August Price Performance Image Source: Zacks Investment ResearchIs the selli ...

The Zacks Oil and Gas - Exploration and Production - United States industry is facing several bearish trends that could put pressure on overall performance. A sluggish economic outlook coupled with China's decelerating growth has led the EIA to revise down its global crude consumption forecast for 2025. Moreover, the accelerating shift toward renewable energy and electric vehicles (EVs) is likely to further dampen traditional oil demand. Despite these challenges, U.S. upstream operators are adapting by prio ...

While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock aliv ...