Amplify Energy (AMPY) AI Stock Analysis

• Market Cap: $259.97M
• Dividend Yield: N/A
• Average Volume (3M): 968.67K
• Price to Earnings (P/E): 4.2
• Beta (1Y): 0.63
• Revenue Growth: -9.46%
• EPS Growth: -144.89%
• Country: US
• Employees: 229
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 1.50
• Shares Outstanding: 41,265,057
• 10 Day Avg. Volume: 1,640,505
• 30 Day Avg. Volume: 968,667
• PEG Ratio: 0.02
• Price to Book (P/B): 0.40
• Price to Sales (P/S): 0.70
• P/FCF Ratio: -5.25
• Enterprise Value/Market Cap: 0.78
• Enterprise Value/Revenue: 0.77
• Enterprise Value/Gross Profit: 3.24
• Enterprise Value/Ebitda: 4.52
• 1Y Price Target: $7.25
• Price Target Upside: 15.08% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): 0.09
• Revenue Forecast (FY): $174.63M

• Rating: 76 Outperform
• Price Target: $7.50 ▲(19.05% Upside)
• Action: Reiterated Date: 03/14/26
• Date: Action: Reiterated 03/14/26

The score is driven primarily by improved financial stability (dramatically reduced leverage) and strong technical uptrend signals, supported by a low P/E valuation. The main constraint is weaker cash quality with negative recent free cash flow and a multi-year revenue decline, despite positive corporate actions that improve liquidity and simplify the asset base.

Positive Factors

Balance sheet deleveraging

The dramatic reduction in debt and restoration of positive equity materially lowers refinancing and liquidity risk, giving management durable financial flexibility to fund operations, sustain capex, and opportunistically invest or return capital without heavy leverage pressure over the next several quarters.

Portfolio streamlining & liquidity

Selling noncore assets and repaying the credit facility creates a simpler, focused asset base and a cash buffer. This structural shift improves capital allocation, reduces covenant/refinancing risk, and enables concentrated investment in higher-return assets (Beta, Bairoil) over the medium term.

Reserves quality & operational execution

A sizeable proved reserve base and strong PV-10 provide an asset-backed cash flow runway. Outperforming type curves at Beta and demonstrated cost cuts at Bairoil point to sustainable production and margin upside, supporting longer-term cash generation and reserve conversion prospects.

Negative Factors

Multi-year revenue decline

Sustained top-line contraction is a structural concern: declining production or lower realized volumes reduce the revenue base available to cover fixed costs and fund reinvestment. Even with cost cuts, continued revenue erosion can cap sustainable EBITDA and long-term growth potential.

Negative free cash flow trend

Repeated negative free cash flow indicates capital spending or other cash uses exceed operating inflows, forcing reliance on asset sales or financing for liquidity. Persisting FCF deficits threaten the firm's ability to self-fund growth, pay down obligations, or return capital reliably over coming quarters.

Earnings quality & volatility

Volatile earnings and reliance on non-recurring gains reduce predictability of cash flow and make forecasting harder for investors. Historical equity deficits reflect prior stress; this variability raises execution risk and weakens confidence in sustainable margin and return profiles over the medium term.

Amplify Energy Business Overview & Revenue Model

Company Description

Amplify Energy Corp. 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. As of December 31, 2021, it had total estimated proved reserves of approximately 121.2 million barrels of oil equivalent; and 2,417 gross producing wells. The company is headquartered in Houston, Texas.

How the Company Makes Money

Amplify Energy primarily makes money by producing and selling hydrocarbons—crude oil, natural gas, and NGLs—from its portfolio of upstream properties. Revenue is generated when produced volumes are sold to third-party purchasers (e.g., refiners, marketers, and other buyers) at market-based prices that vary with commodity benchmarks and regional differentials, so earnings are highly sensitive to realized prices and production volumes. The company’s revenue base is typically a mix of (1) oil sales, (2) natural gas sales, and (3) NGL sales, with the relative contribution determined by its production mix across assets. Amplify’s cash flow is influenced by operating costs (lifting costs, workovers, transportation/processing), royalties and production taxes, and capital spending to maintain or grow production. Like many upstream producers, Amplify may use commodity derivative contracts (hedges) to reduce exposure to price volatility; when used, these instruments can increase or decrease reported revenue and cash flow depending on market movements relative to hedge terms. Additional factors affecting earnings include field-level downtime, regulatory requirements (especially for California/offshore operations), and the performance of operated versus non-operated properties where partners control certain operational decisions. Specific significant partnerships or offtake arrangements are not publicly specified in the prompt; null.

Amplify Energy Financial Statement Overview

Summary

Balance sheet strength is the key positive (debt reduced to ~$2.6M and very low debt-to-equity), supporting financial flexibility. Offsetting this, revenue has been declining over multiple years and cash conversion is weak with negative free cash flow in 2024–2025 despite positive operating cash flow.

Income Statement

Profitability improved meaningfully versus earlier years, with 2025 showing solid net income ($44.0M) and a healthy net margin (~16.7%) alongside very strong gross margin (~93%). However, the top line has been shrinking for multiple years (2025 revenue down ~4.5% and down from 2022 levels), and profitability has been volatile (large losses in 2020 and a very large 2023 profit that appears non-recurring given the extreme margin). Overall: good recent profitability, but uneven earnings quality and a soft revenue trajectory.

Balance Sheet

Leverage has improved dramatically: total debt fell to ~$2.6M in 2025 from ~$132.5M in 2024, driving a very low debt-to-equity level (~0.01). Equity is now solidly positive (~$458.7M) after being negative in 2021–2022, indicating a much healthier capital structure and stronger financial flexibility. Key watch-out: historical equity deficits and return swings highlight prior balance-sheet stress and volatility, even if current leverage looks very conservative.

Cash Flow

Operating cash flow is positive in 2024–2025 (~$51.3M and ~$49.2M), but free cash flow is negative in both years (about -$20.9M in 2024 and -$35.1M in 2025), suggesting capital spending and/or other cash uses are outpacing operating inflows. Cash generation has also become less supportive of earnings recently, with operating cash flow running below net income in 2024–2025. Strength: the business has demonstrated it can generate strong cash in better periods (notably 2023 with positive free cash flow), but the most recent trend is a clear weak point.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	263.36M	294.68M	307.60M	458.46M	342.92M
Gross Profit	62.90M	276.25M	119.20M	273.72M	172.64M
EBITDA	45.10M	62.56M	197.44M	96.04M	8.10M
Net Income	43.97M	12.95M	392.75M	57.88M	-32.07M
Balance Sheet
Total Assets	600.90M	747.08M	737.67M	459.48M	455.10M
Cash, Cash Equivalents and Short-Term Investments	60.67M	0.00	20.75M	0.00	18.80M
Total Debt	3.75M	132.47M	121.83M	197.97M	232.79M
Total Liabilities	142.18M	338.16M	346.64M	464.04M	519.94M
Stockholders Equity	458.72M	408.91M	391.04M	-4.57M	-64.84M
Cash Flow
Free Cash Flow	-35.13M	-20.93M	110.21M	29.66M	33.14M
Operating Cash Flow	49.20M	51.29M	141.59M	64.48M	62.97M
Investing Cash Flow	141.30M	-82.03M	-38.60M	-41.52M	-29.43M
Financing Cash Flow	-129.83M	9.99M	-82.24M	-41.76M	-25.11M

Amplify Energy Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 6.30
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AMPY, the sentiment is Positive. The current price of 6.3 is above the 20-day moving average (MA) of 5.84, above the 50-day MA of 5.29, and above the 200-day MA of 4.56, indicating a bullish trend. The MACD of 0.26 indicates Negative momentum. The RSI at 59.53 is Neutral, neither overbought nor oversold. The STOCH value of 68.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AMPY.

Amplify Energy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AMPY	76 Outperform	$259.97M	4.20	10.56%	―	-9.46%	-144.89%
EPSN	73 Outperform	$173.38M	25.87	5.93%	5.24%	46.76%	11.48%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
EPM	65 Neutral	$155.77M	28.10	4.46%	13.52%	-2.23%	-104.00%
REI	60 Neutral	$318.28M	―	-4.02%	―	-15.44%	-113.21%
GTE	56 Neutral	$285.92M	-0.78	-56.05%	―	-1.58%	-271.90%
EP	43 Neutral	$108.69M	-0.44	-177.26%	―	-15.13%	17.34%

Amplify Energy Corporate Events

Amplify Energy Streamlines Portfolio and Highlights 2025 Results

On March 9, 2026, Amplify Energy reported that in 2025 it executed six transactions worth about $250 million, fully repaid its credit facility and exited East Texas, Louisiana, Oklahoma and Magnify, leaving it with $61 million in cash and a streamlined portfolio centered on Beta and Bairoil. The company highlighted strong drilling results at Beta that beat type curves, significant cost reductions at Bairoil, a 2025 year-end proved reserve base of 38.1 MMBoe with PV-10 of $376 million, and fourth-quarter net income of $64.4 million driven by asset sale gains alongside modest adjusted losses and positive free cash flow, positioning Amplify with greater financial flexibility and a sharper focus on high-potential assets.

The most recent analyst rating on (AMPY) stock is a Hold with a $5.00 price target. To see the full list of analyst forecasts on Amplify Energy stock, see the AMPY Stock Forecast page.

Amplify Energy Amends Credit Facility, Extends Maturity to 2028

On December 31, 2025, Amplify Energy Corp. closed an amendment to its senior secured reserve-based revolving credit facility with Citizens Bank, resetting the borrowing base at $25 million with elected commitments of $15 million and extending the facility’s maturity to December 31, 2028. Following the amendment, which left the company with no outstanding balance on the facility and cash on hand, Amplify strengthened its liquidity position to support its strategic objectives, a move that may enhance its financial flexibility and stability within the upstream oil sector.

The most recent analyst rating on (AMPY) stock is a Buy with a $7.25 price target. To see the full list of analyst forecasts on Amplify Energy stock, see the AMPY Stock Forecast page.

Amplify Energy Completes Major Asset Divestitures Reshaping Portfolio

On December 23, 2025, Amplify Energy completed the sale of certain East Texas assets by indirect subsidiaries Amplify Energy Operating LLC and Magnify Energy Services LLC to EQV Alpha LLC for approximately $122 million in proceeds, subject to customary post-closing adjustments. On December 29, 2025, the company closed a separate divestiture of Oklahoma assets by Amplify Oklahoma Operating LLC and Magnify to Revolution Resources III, LLC, generating about $92.5 million in proceeds, also subject to adjustments. Amplify has filed unaudited pro forma condensed consolidated financial statements to reflect the impact of these divestitures on its balance sheet as of September 30, 2025, and on its operating results for the nine months ended September 30, 2025, and the year ended December 31, 2024, indicating a material reshaping of its asset base and capital structure following the transactions.

The most recent analyst rating on (AMPY) stock is a Buy with a $7.25 price target. To see the full list of analyst forecasts on Amplify Energy stock, see the AMPY Stock Forecast page.

Amplify Energy Completes Major East Texas Asset Divestiture

On December 23, 2025, Amplify Energy completed the divestiture of its East Texas assets to EQV Alpha LLC for approximately $122 million in cash, a transaction that will be reflected as a continuing operation rather than a discontinued one. The company also outlined a probable sale of certain Oklahoma assets to Revolution Resources III, LLC for an expected $92.5 million, and released unaudited pro forma financial statements showing how these transactions would have affected its September 30, 2025 balance sheet and 2024–2025 operating results, signaling a significant reshaping of its asset base and liquidity profile with implications for future production mix and capital allocation.

The most recent analyst rating on (AMPY) stock is a Buy with a $7.25 price target. To see the full list of analyst forecasts on Amplify Energy stock, see the AMPY Stock Forecast page.