AMPY - Amplify Energy Corp.
Chart Events
MACD
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 1.1000 |
| Open | 1.1300 |
| Bid | 1.1000 x 800 |
| Ask | 1.1100 x 1000 |
| Day's Range | 1.0700 - 1.1698 |
| 52 Week Range | 0.4900 - 7.9100 |
| Volume | 469,829 |
| Avg. Volume | 756,609 |
| Market Cap | 41.887M |
| Beta (5Y Monthly) | N/A |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -11.1900 |
| Earnings Date | May 06, 2020 |
| Forward Dividend & Yield | 0.50 (37.31%) |
| Ex-Dividend Date | Mar 13, 2020 |
| 1y Target Est | 7.00 |
Fair Value
Related Research
- GlobeNewswire
Notice of Change of Location of Annual Meeting of Stockholders to be Held on May 20, 2020
In lieu of in-person attendance, stockholders are encouraged to vote in accordance with the instructions set forth in the proxy statement and submit proxies in advance of the Annual Meeting. Any person in attendance who exhibits cold, fever or flu-like symptoms or who has been exposed to COVID-19 may be asked to leave the premises for the protection of the other attendees.
- GlobeNewswire
Amplify Energy Announces First Quarter 2020 Results and Over $80 Million of Liquidity Enhancement Initiatives
HOUSTON, May 06, 2020 -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify” or the “Company”) announced today its operating and financial results for the first quarter of 2020. Key.
- GlobeNewswire
Amplify Energy Announces First Quarter 2020 Earnings Conference Call
HOUSTON, April 28, 2020 -- Amplify Energy Corp. (“Amplify” or the “Company”) (NYSE: AMPY) announced today that it will report first quarter 2020 financial and operating results.
- American City Business Journals
Another Houston E&P co. at risk of exchange delisting
The New York Stock Exchange has sent Houston-based Amplify Energy Corp. (NYSE: AMPY) a warning that its stock price has dropped below the exchange's listing standards. Like other oil and gas exploration and production companies, Amplify has been affected as crushing pressure from increased OPEC supply and decreased demand due to Covid-19 social distancing measures press oil prices down — even reaching into negative values for a brief period this week.
- GlobeNewswire
Amplify Energy Receives Continued Listing Standard Notice from NYSE
HOUSTON, April 21, 2020 -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify” or the “Company”) announced today that on April 20, 2020, the Company received formal notice from the.
- GlobeNewswire
Amplify Energy Announces Retirement of Ken Mariani, Appointment of Martyn Willsher as Interim CEO, Appointment of Chris Hamm as Lead Director
HOUSTON, April 03, 2020 -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify” or the “Company”) announced today that Ken Mariani, Amplify’s President & CEO, has notified the.
- GlobeNewswire
Amplify Energy Announces 37% Reduction of 2020 Capital Expenditure Budget, MTM Hedge Asset Value of $130 million and Expected Federal Royalty Relief at its Beta Field
Full year capital expenditure guidance has been reduced from a midpoint estimate of $46 million to a midpoint estimate of $29 million. This revised capital budget is expected to be spent primarily in the first quarter of 2020, where Amplify is maintaining its prior guidance for capital spending of $13 to $19 million. Amplify also maintains a strong hedge book with 61% of forecasted 2020 production hedged, including 77% of crude oil hedged at $56.29 per barrel.
- Simply Wall St.
Amplify Energy Corp. Just Reported A Surprise Loss: Here's What Analysts Think Will Happen Next
Shareholders in Amplify Energy Corp. (NYSE:AMPY) had a terrible week, as shares crashed 49% to US$2.13 in the week...
- MarketWatch
Amplify Energy stock tanks after company swings to loss, halves dividend and delays certain projects
Shares of oil and gas company Amplify Energy Corp. tumbled 29% Thursday, after the company swung to a surprise fourth-quarter loss, halved its dividend and said it's delaying certain projects as it works to cope with headwinds created by slumping commodity prices. "As with most energy producers, Amplify is beginning 2020 in the face of significant headwinds following the recent commodity price decline," Chief Executive Ken Mariani said in a statement. "While the margins on our long-life, low-decline asset base are sensitive to commodity price fluctuations, Amplify took prudent and proactive steps to mitigate that risk by hedging more than 60% of total production and 77% of crude oil prior to the recent price decline." Houston, Tx.-based Amplify said it had a net loss of $27.5 million, or 71 cents a share, in the quarter, after income of $5.2 million, or 15 cents a share, in the year-earlier period. Revenue rose to $77.9 million from $72.9 million. The FactSet consensus was for EPS of 15 cents and sales of $79.8 million. The company said its cutting its dividend to 10 cents a share from 20 cents, to be paid March 30 to shareholders of record as of March 16. The company produced 29.9 thousand barrels of oil equivalent a day in the quarter, at the low end of its guidance. It set its 2020 capital program at $40 million to $52 million, for a midpoint estimate of $46 million. Shares have fallen 65% in the last 12 months, while the S&P 500 has gained 12%.
- GlobeNewswire
Amplify Energy Announces Fourth Quarter 2019 Results, Dividend Program Update, Year-End 2019 Proved Reserves and First Quarter and Full Year 2020 Guidance
HOUSTON, March 05, 2020 -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify” or the “Company”) announced today its operating and financial results for the fourth quarter 2019,.
- GlobeNewswire
Amplify Energy Announces Fourth Quarter 2019 Earnings Conference Call
HOUSTON, Feb. 24, 2020 -- Amplify Energy Corp. (“Amplify” or the “Company”) (NYSE: AMPY) announced today that it will report fourth quarter 2019 financial and operating results.
- TipRanks
3 Under-The-Radar Dividend Stocks With Over 7% Dividend Yield
Investors are always on the prowl for high returns. They can look for this in the traditional places, of course, the Apples and the Amazons and the Googles, where shares appreciate at fast rates, or they can look at the Microsofts and Mastercards and JPMorgans, where steady share gains are paired with steady dividends. These are viable strategies. But sometimes, investors like to follow the roads less traveled.The average dividend yield among stocks listed in the S&P 500 index is only 2%. This is – just slightly – higher than Treasury bond yields. But it’s also just an average. There are plenty of stocks with higher yields. Companies may reach those yields – of 7, or 9, or even 15% – for various reasons, but what they all have in common is a strong draw for investors.We’ve used TipRanks’ Stock Screener tool to pull up some of these lesser-known, but profitable, dividend stocks. Setting the filters to show small-cap stocks with yields exceeding 5%, we narrowed the list from the full database of 6,500 stocks to just 86, a far more manageable number. Here are three that income-minded investors should take note of.MVC Capital, Inc. (MVC)We’ll start with business development company. MVC Capital holds a diverse portfolio of investments, which it uses to realize long-term growth for its own investors and shareholders. In recent years, the company has transitioned from a capital loss carry strategy to a yielding investment strategy, with an emphasis on dividend returns.And it’s not just dividend returns from the company’s portfolio – MVC is a top performer in its niche at paying out dividends to investors. The company has a nine-year history of consistent, regular payments, without missing a quarter, and in recent years has been increasing the payout. The current dividend, at 17 cents quarterly, represents an annual payment of 68 cents per share and impressive yield of 7.12%. That’s 3.5x the S&P average.MVC maintains its dividend with strong earnings. The company reported $8 million in total income for Q4 2019, up 35% year-over-year. Net operating income, at $3.1 million, was also up significantly – and more important, MVC has a dividend payout ratio of 100%, so all of that income was paid back to company investors.Michael Diana, 4-star analyst with Maxim Group, looks ahead at MVC’s potential and writes, “Over the next four quarters, we expect: 1) a dividend yield of 7.4%, and 2) stock price appreciation of 40.5%, which should result in an estimated 12-month total return of about 48%. Beyond that timeframe, we expect MVC to grow its yield investments and raise its dividend further.”In line with his bullish view, Diana gives MVC a Buy rating supported by a price target of $13. His target implies a solid upside potential of 36%. (To watch Diana’s track record, click here)In agreement with Diana is Ladenburg analyst Christopher Nolan. Nolan wrote of the MVC’s portfolio, “Asset quality was steady with the same 2 credits on non-accrual and totaled 1.6% of the investment portfolio at cost.”Nolan put an $11 target on MVC shares to back his Buy rating. This indicates an upside potential of 15% in the coming year. (To watch Nolan’s track record, click here)All in all, shares in MVC are priced at just $9.55, a bargain for a stock with a 25% average upside potential. That potential is derived from the average price target of $12. With 2 Buy ratings and 1 Hold given in recent weeks, the analyst consensus on MVC is a Moderate Buy. (See MVC stock analysis on TipRanks)Amplify Energy Corporation (AMPY)Our next stock is in the energy sector. Amplify is an oil and natural gas exploration and drilling company. The bulk of the company’s operations are located in Texas and Louisiana, with additional production sites in Wyoming and the California offshore. Amplify is an ‘upstream’ company in the industry, meaning that its operations focus on directly extracting oil and gas resources from acquired properties.Amplify has more than 1,400 active wells on its lands, and backs them up with another 1,00 well in various stages of development. In proven reserves, Amplify boasts over 900 billion cubic feet equivalent. Last year, the company reduced its competition by absorbing Midstate Petroleum in a merger-of-equals deal. The merged entity uses the Amplify name.Most ‘dividend champs’ get that status through long-term, consistent payment. Amplify, however, only began paying out its dividend in Q3 of 2019, after its merger with Midstate. It commands attention, even though it is new, because of the yield. At over 15%, AMPY’s dividend yield is one of the best in the market. It’s a whopping ten times better than Treasury note yields, and 7.5x higher than the average dividend yield on the S&P 500 index.Due to AMPY’s low share price, the dividend is modest – only 20 cents per quarter. That makes the annual payout 80 cents. So far, the company has made the payment twice, in September and December of 2019. The payout ratio, at 133%, may indicate long-term sustainability issues, but those are mitigated by the oil and gas industry’s ability to produce high cash flows.Analyst Jeff Grampp, reviewing AMPY for Northland Securities, sees a bullish case here. He says of the stock, “We sense there is some investor skepticism about the sustainability of the dividend and believe that as the company proves it is sustainable, yield compression can occur. We estimate AMPY can fund its 2020 dividend through FCF down to an average ~$52/BBL WTI price…” Investors should note that WTI trended up from October through December, but slipped in January and now appears to have leveled out at $50. Oil volatility has been high in the past 12 months.Grampp puts his money where his mouth his, giving AMPY a $10 price target to support a Buy rating. This target suggests a hefty upside potential of 91%. (To watch Grampp’s track record, click here)Amplify’s two recent reviews are both Buy-side, making the consensus view of the stock a Moderate Buy. Shares are trading low, at just $5.21, and the average price target of $10.25 indicates room for 96% growth in the coming 12 months. (See Amplify stock analysis on TipRanks)Hunt Companies Finance Trust (HCFT)We’ll wrap up our look at dividend champions with Hunt Companies, a real estate investment trust (REIT). These companies make their profits through buying, owning, managing, and leasing combinations of commercial and investment properties, as well as financing customer mortgages and investing in mortgage backed securities. That latter niche is Hunt’s specialty – the company’s portfolio is focused on mortgage backed securities, loans, and related real estate investments.A common feature of tax regulations required REITs to pay back the lion’s share of their earnings to investors, and most of them choose dividends as their payment vehicle of choice. The company manages this with a 7.5 cent quarterly payment, which annualizes to 30 cents – and a yield at a whopping 9.2%. HCFT has a history of adjusting the dividend to meet both tax regulations and sustainability issues, and the current payout ratio is an impressive 75%. Due to a strong US economic climate, the company has been able to grow the dividend over the past two years.JMP Securities analyst Steven Delaney lays out a bullish case for HCFT, writing in his recent note on the stock, “We remain positive on shares of HCFT and believe the company is well positioned to take advantage of access to a larger CRE lending platform following the newly entered Management Agreement. While the company’s micro market cap and limited trading liquidity may restrict its investor audience, we believe the shares offer attractive potential upside…”To demonstrate that potential upside, Delaney gives the stock a $4 price target, indicating confidence that the potential is 22%. He rates the stock a Buy, of course. (To watch Delaney’s track record, click here)Delaney’s is the only recent review on HCFT – as he pointed out in his note, this is a micro-cap company of limited liquidity; it is a classic ‘under the radar’ investment. It is still worth looking at, however. With a dividend yield exceeding 9%, and a potential upside of 22%, the $3.26 current share price is a bargain that’s hard to beat. (See Hunt's price targets and analyst ratings on TipRanks)
- PR Newswire
Day One Keynote Speaker, Chris Wright, Announced for EnerCom Dallas Energy Investment Conference, February 11-12, 2020
Institutional investors, portfolio managers, financial analysts, CIOs and other capital market professionals who invest in the energy space should register now for the EnerCom Dallas energy investment conference, which is coming to The Tower Club February 11-12 in downtown Dallas.
- PR Newswire
Presenting Company Line-Up Announced for EnerCom Dallas Energy Investment Conference, February 11-12, 2020
Institutional investors, portfolio managers, financial analysts, CIOs and other capital market professionals who invest in the energy space should register now for the EnerCom Dallas energy investment conference, which is coming to The Tower Club February 11-12 in downtown Dallas.
- PR Newswire
Registration is Open for EnerCom Dallas Energy Investment Conference, February 11-12, 2020
Institutional investors, portfolio managers, financial analysts, CIOs and other investment community professionals who invest in the energy space should register now for the EnerCom Dallas energy investment conference, which is coming to The Tower Club February 11-12 in downtown Dallas.
- Insider Monkey
Hedge Funds Are Buying Amplify Energy Corp. (AMPY)
We know that hedge funds generate strong, risk-adjusted returns over the long run, therefore imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, smart money investors have to conduct complex analyses, spend many resources and use tools that are not always […]
- GlobeNewswire
Amplify Energy Announces Third Quarter 2019 Results, Fourth Quarter 2019 Dividend, Merger Integration Update and Fourth Quarter 2019 Guidance
HOUSTON, Nov. 06, 2019 -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify” or the “Company”) announced today its pro forma(1) and reportable(2) operating and financial results for.
- GlobeNewswire
Amplify Energy Announces Third Quarter 2019 Earnings Release Date
HOUSTON, Oct. 23, 2019 -- Amplify Energy Corp. (“Amplify” or the “Company”) (NYSE: AMPY) announced today that it will report third quarter 2019 financial and operating results.
- Simply Wall St.
Amplify Energy (NYSE:AMPY) Takes On Some Risk With Its Use Of Debt
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
- GlobeNewswire
Amplify Energy to Participate in the 2019 Johnson Rice Energy Conference
HOUSTON, Sept. 11, 2019 -- Amplify Energy Corp. (“Amplify” or the “Company”) (NYSE: AMPY) announced today that the Company will be attending the 2019 Johnson Rice Energy.
- Simply Wall St.
What Can We Make Of Amplify Energy Corp.’s (NYSE:AMPY) High Return On Capital?
Today we are going to look at Amplify Energy Corp. (NYSE:AMPY) to see whether it might be an attractive investment...
- GlobeNewswire
Amplify Energy Announces Closing of Merger with Midstates, Guidance for Second Half 2019, Recurring Dividend with Current Yield of 18% and Share Buyback Plan
HOUSTON, Aug. 06, 2019 -- Amplify Energy Corp. (“Amplify”) and Midstates Petroleum Company, Inc. (NYSE: MPO) (“Midstates”) announced today that the previously announced.
- GlobeNewswire
Amplify Energy Announces Second Quarter 2019 Results and Midstates Merger Update
HOUSTON, Aug. 05, 2019 -- Amplify Energy Corp. (OTCQX: AMPY) (“Amplify” or the “Company”) announced today its operating and financial results for the second quarter 2019..
- GlobeNewswire
Amplify Energy Announces Shareholder Approval of Merger with Midstates
Amplify Energy Corp. (AMPY) (“Amplify” or the “Company”) and Midstates Petroleum Company, Inc. (MPO) (“Midstates”) announced that the proposals necessary for the companies’ previously announced all-stock, merger-of equals transaction were approved today by Amplify’s stockholders at the Amplify special meeting and by Midstates’ stockholders at the Midstates annual meeting. Amplify stockholders will receive 0.933 shares of Midstates common stock for each share of Amplify common stock.
- GlobeNewswire
Amplify Energy Announces Second Quarter 2019 Earnings Release Date
HOUSTON, July 29, 2019 -- Amplify Energy Corp. (“Amplify” or the “Company”) (OTCQX: AMPY) announced today that it will report second quarter 2019 financial and operating.
