Amplify Energy (NYSE:AMPY) Issues Quarterly Earnings Results, Hits Expectations

Posted by Geri Gentry on Nov 10th, 2026

Amplify Energy (NYSE:AMPY – Get Free Report) issued its earnings results on Monday. The company reported $0.02 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.02, FiscalAI reports. The firm had revenue of $51.44 million during the quarter, compared to analysts’ expectations of $43.73 million. Amplify Energy had a net margin of 10.62% and a negative return on equity of 3.01%.

Amplify Energy Price Performance

Amplify Energy stock opened at $3.21 on Tuesday. Amplify Energy has a fifty-two week low of $3.14 and a fifty-two week high of $6.79. The firm’s 50 day simple moving average is $4.41 and its 200-day simple moving average is $4.87. The company has a market cap of $132.88 million, a P/E ratio of 7.12 and a beta of 0.26.

Analysts Set New Price Targets

A number of brokerages have recently commented on AMPY. Benchmark cut their price objective on Amplify Energy from $11.00 to $9.00 and set a “buy” rating for the company in a research report on Tuesday, August 11th. Weiss Ratings restated a “sell (d+)” rating on shares of Amplify Energy in a report on Wednesday, November 4th. Finally, Wall Street Zen raised Amplify Energy from a “strong sell” rating to a “hold” rating in a research report on Sunday, August 16th. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Amplify Energy currently has a consensus rating of “Hold” and a consensus price target of $9.00.

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Amplify Energy Company Profile

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Amplify Energy Corp. is an independent oil and natural gas exploration and production company headquartered in Houston, Texas. The company focuses on acquiring, developing, exploiting and producing crude oil and natural gas properties in the United States.

Amplify Energy’s operations have included three core areas: the Beta field and other offshore properties in Southern California, oil and gas assets in the Rockies, and producing properties in East Texas. Its activities include drilling and developing wells, operating production facilities and managing related infrastructure used to bring hydrocarbons to market.

The company was formed in 2016 following the separation of certain assets from Memorial Production Partners.