Amplify Energy (AMPY) to Release Earnings on Wednesday

Amplify Energy (NYSE:AMPY) is expected to announce its earnings results after the market closes on Wednesday, March 5th. Analysts expect the company to announce earnings of $0.30 per share and revenue of $76.04 million for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Amplify Energy Stock Down 3.7 %

Shares of Amplify Energy stock opened at $4.84 on Wednesday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.06 and a current ratio of 1.06. The stock has a market capitalization of $192.29 million, a PE ratio of 3.14 and a beta of 1.92. Amplify Energy has a 52-week low of $3.56 and a 52-week high of $8.15. The company has a 50-day simple moving average of $5.65 and a two-hundred day simple moving average of $6.33.

Analyst Upgrades and Downgrades

Separately, Benchmark reaffirmed a “buy” rating and issued a $11.00 target price on shares of Amplify Energy in a report on Thursday, January 16th.

Amplify Energy Company Profile

Amplify Energy Corp., together with its subsidiaries, 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.