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Amplify Energy (AMPY) - 2024 Q2 - Earnings Call Transcript
2024-08-08 20:56
Amplify Energy Corp. (NYSE:AMPY) Q2 2024 Earnings Conference Call August 8, 2024 11:00 AM ET Company Participants Jim Frew – Senior Vice President and Chief Financial Officer Martyn Willsher – President and Chief Executive Officer Dan Furbee – Senior Vice President and Chief Operating Officer Conference Call Participants Jeff Grampp – Alliance Global Partners John White – Roth Capital Subash Chandra – Benchmark Jeff Robertson – Water Tower Research Operator Welcome to Amplify Energy’s Second Quarter 2024 In ...
Amplify Energy (AMPY) Q2 Earnings and Revenues Lag Estimates
ZACKS· 2024-08-07 22:25
Amplify Energy (AMPY) came out with quarterly earnings of $0.17 per share, missing the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -45.16%. A quarter ago, it was expected that this oil and gas company would post earnings of $0.23 per share when it actually produced a loss of $0.24, delivering a surprise of -204.35%.Over the last four quarters, ...
Amplify Energy (AMPY) - 2024 Q2 - Quarterly Report
2024-08-07 20:19
Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock AMPY NYSE 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 June 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 Amplify En ...
Amplify Energy (AMPY) - 2024 Q2 - Quarterly Results
2024-08-07 20:16
Exhibit 99.1 Amplify Energy Announces Second Quarter 2024 Results, Beta Drilling Results and Updated Guidance HOUSTON, August 7, 2024 -- 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: o Achieved average total production of 20.3 MBoepd o Generated net cash provided by operating activities of $15.4 million and net income of $7.1 mill ...
Amplify Energy (AMPY) Shows Fast-paced Momentum But Is Still a Bargain Stock
ZACKS· 2024-07-30 13:50
Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, invest ...
Investor One-on-One Meeting Requests Open for 29th Annual EnerCom Denver - The Energy Investment Conference, to be held August 18-21, 2024 in Denver, Colorado
Prnewswire· 2024-07-29 19:13
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 indust ...
Is Amplify Energy (AMPY) Stock Undervalued Right Now?
ZACKS· 2024-07-29 14:45
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at ...
5 Value Stocks With Exciting EV-to-EBITDA Ratios to Snap Up Now
ZACKS· 2024-07-26 12:15
Price-to-earnings (P/E), given its inherent simplicity, is the most commonly used metric in the value-investing world. It is preferred by many investors while handpicking stocks trading at a bargain. However, even this straightforward, broadly used valuation metric has a few downsides.While P/E enjoys great popularity among value investors, a less-used and more complicated metric called EV-to-EBITDA is sometimes viewed as a better alternative. EV-to-EBITDA gives the true picture of a company’s valuation and ...
Amplify Energy Schedules Second Quarter 2024 Earnings Release and Conference Call
Newsfilter· 2024-07-24 21:03
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 ...
Are Oils-Energy Stocks Lagging Amplify Energy (AMPY) This Year?
ZACKS· 2024-07-22 14:42
For those looking to find strong Oils-Energy stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Amplify Energy (AMPY) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Oils-Energy peers, we might be able to answer that question.Amplify Energy is one of 249 companies in the Oils-Energy group. The Oils-Energy group currently sits at #7 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 ...