Amplify Energy Corp. (AMPY)
Amplify Energy Corp. operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Houston, TX, US. The stock last traded at $4.39, down 2.55% on the session, giving a market capitalisation of $181.5M. On trailing twelve-month figures it carries a trailing P/E of 8.79, a net margin of 10.3%. Its beta of -0.18 implies it has historically moved less than the broad market.
Amplify Energy Corp. is a U.S.-based enterprise focused on the upstream oil and natural gas sector, encompassing the acquisition, development, and production of hydrocarbon assets. Its extensive portfolio includes operated and non-operated working interests in both producing and undeveloped leasehold acreage, as well as stakes in identified producing wells. These assets are geographically dispersed throughout key American regions such as Oklahoma, the Rocky Mountains, federal offshore Southern California, East Texas/North Louisiana, and the Eagle Ford shale play. As of December 31, 2021, the company reported approximately 121.2 million barrels of oil equivalent (BOE) in estimated proved reserves and managed 2,417 gross producing wells. Amplify Energy's corporate headquarters are situated in Houston, Texas.
Amplify Energy Corp. is most often compared with the following Energy names: