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Amplify Energy Corp. (AMPY) stock

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NYSE: AMPY NYSE Oil & Gas Exploration & Production Next results ~November 4, 2026

C Fundamentals grade

Amplify Energy Corp. is a US-listed company in the oil & gas exploration & production industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$9.1

Cash-flow model

Base case. Range ~$6.9–$12 across our lower- and higher-growth cases (-4.5%–5.5% a year).

Price vs value

Undervalued

The price is below our entire value range; our base value is 137% above it.

Price used: $3.84, November 2, 2026

Amplify Energy Corp. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders1 buying, 1 selling1 purchase and 3 sales by directors and officers, last 12 monthsInsider trades
  • Funds65 adding, 62 cuttingOf 33 active managers that changed their stake, 13 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Amplify Energy files

Where Amplify Energy stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $213m, down 23.7% on a year earlier, a steeper fall than the 21.2% decline a quarter earlier. Free-cash-flow margin fell to 3.2% from 27.4% a year earlier. Operating margin widened to 19.9% from 12.4%. The diluted share count is up 2.1% on a year earlier, which dilutes existing holders. It passes 1 of our 2 financial-health checks. Our cash-flow model value is $9.99 a share, against a share price of $4.37.

Source: 10-Q filed August 10, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 4, 2026 (estimated)

Amplify Energy Corp.'s trailing-twelve-month revenue fell 23.7% year on year, with a free-cash-flow margin of 3.2%. Where it stands out: long-term debt as % of assets of 0.0% ranks 1 of 43 oil & gas exploration & production companies we cover. Where it lags: stock pay as % of revenue of 3.6% ranks 43 of 47 oil & gas exploration & production companies we cover.

Our discounted-cash-flow model values the business at ~$9.1 per share in the base case (~$6.9–$12 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 91.0% while net income grew 43.7%: a 135pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Priced below our value. The share price of $3.84 is 107% below our value per share of $8.
  • Margins widening. Operating margin is up 7.5 points on a year ago.

Things to watch

  • Results due soon. Results are expected around 4 November; the share price can move sharply on the day.
  • Revenue shrinking. Revenue fell 23.7% over the last 12 months.
  • Share dilution. Diluted shares rose 2.1% in a year.
  • Volatile shares. Over the past year the shares showed annualised volatility of 54% and a beta of -0.4 against the S&P 500.
  • Growth easing. The growth rate is 2.5 points lower than a quarter earlier.
  • Weak cash conversion. Free cash flow was 31% of net income over the last 12 months.

Latest results: FY2026 Q2

Filed August 10, 2026
Earnings per share
-$0.04 against an average estimate of $0.15: missed by 128.1%
Revenue
$53m, down 22.9% on a year earlier
Share reaction
+11.9% in the first session after the results on August 10, 2026, against -0.3% for the S&P 500
Guidance given
gathering, Processing and Transportation Costs - Oil ($/Bbl) $2 to $3 (FY 2026E); full-year 2026 lease operating expense guidance $80m to $95m (full-year 2026)
Next report
November 4, 2026

Amplify Energy's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-10.1%
  • 1 week-13.7%
  • 1 month-11.9%
  • This year-16.0%
  • 1 year-15.4%
  • 5 years+10.3%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$213M
Operating margin
19.9%
Net margin
10.6%
EPS (TTM, diluted)
$0.55

Growth

Revenue growth
−23.7%
Change in growth rate
−2.5 pts
Share count change
+2.1%

Cash

Free cash flow (TTM)
$6.9M
FCF margin
3.2%
Stock pay % of revenue
3.6%

Earnings

Last results
August 10, 2026
Next results (est.)
November 4, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Guidance

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Amplify Energy Corp. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03
Buy12-month view
12-month price target
~$7.9
Price used
$3.96close November 3, 2026
Implied change
▲ +100%
Uncertainty
Low

How we got here: the combined value of 3 valuation models built for a business like Amplify Energy Corp. (see the models table below and how they are combined) , with a 8.05% cost of equity. The models span ~$5.3–~$9.1; that spread sets a 15% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Amplify Energy Corp.'s free cash flow after stock-based pay ( $25.7M, FY2026 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Amplify Energy Corp. as an oil and gas producer, with every model that fits that kind of business. Cost of equity 8.1%: the 10-year Treasury yield (4.9%) plus a beta of 0.69 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Proved-reserve net asset value The SEC standardised measure of the company's proved oil and gas reserves (future net cash flows after tax at SEC average prices, discounted at 10%) less debt and other claims, per share. ~$8.6 Primary model, counts double
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$9.1 ~$6.9–$12 Included
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. ~$5.3 ~$4.3–$8.2 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$69 ~$50–$96 Left out: out of range vs price (17.85x)
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$63 ~$53–$79 Left out: out of range vs price (16.48x)
Combined value Weighted average of the models that apply: the primary model (proved-reserve net asset value) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$7.9 ~$5.3–$9.1 3 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Amplify Energy Corp. with oil and gas producers in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −21%
  • Revenue growth 5 points higher ▲ +28%
  • Free-cash-flow margin 1 point lower ▼ −26%
  • Last year's free-cash-flow margin change, if it persists ▼ −86%
  • Discount rate 1 point higher ▼ −12%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $10$13$17$23$30$39
8.5% $7$10$13$17$22$29
10% $6$8$10$13$17$22

Valuation multiples over time Market data may be delayed

At fiscal year end 2015201720182019202020212022202320242025Now
Share price$168.29$13.81$6.26$5.91$1.31$3.11$8.79$5.93$6.00$4.57$3.84
Market value$1.3bn$347m$156m$173m$49m$118m$337m$231m$238m$185m$157m
+ Net debt (− = net cash)$1.8bn$122m$244m$285m$250m$211m$190m$94m$127m−$61m−$21m
Enterprise value$3.1bn$469m$400m$458m$299m$329m$527m$325m$365m$124m$136m
Multiples
Price / sales 3.6x1.5x0.7x0.6x0.2x0.3x0.7x0.8x0.8x0.7x0.7x
Price / earnings ——2.9x———5.8x0.6x18.4x4.2x6.9x
Price / free cash flow ——5.3x3.8x———1.6x4.7x3.8x22.7x
EV / EBITDA ——3.0x10.4x—133.9x5.5x3.1x5.8x1.1x2.0x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

38 /100

Weak moat

How hard Amplify Energy's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median 1.3% of total assets over 10 years.

  • Pricing power 20 / 20

    Gross margin has been a median 93.7%, moving by 0.6 percentage points (standard deviation) across 5 years.

  • Durability 1 / 20

    Operating margin has been a median 7.8%; its worst year was -378.6%.

  • Cash conversion 3 / 20

    Free cash flow was positive in 3 of 9 years, at a median -24.4% of revenue.

  • Discipline 14 / 20

    The diluted share count rose 8.2% over five years; stock-based pay has been a median 1.5% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 4, 2026, after the close. Analysts expect revenue of $44m for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current −$0.47 −147% $169m −36%
Next $0.43 +193% $179m +6%

Next year's EPS estimate has moved −53.3% in 90 days, across 1 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −30.6% on 90 days ago. In the last 30 days, 2 analysts raised Amplify Energy Corp.'s forecast and 0 cut it.

Consensus EPS forecast Amplify Energy Corp., last 90 days
−$1.00 −$0.50 $0.00 $0.50 $1.00 $1.50 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: −$0.67 Current fiscal year, 60 days ago: −$0.67 Current fiscal year, 30 days ago: −$0.67 Current fiscal year, 7 days ago: −$0.69 Current fiscal year, Now: −$0.47 −$0.47 Next fiscal year, 90 days ago: $0.92 Next fiscal year, 60 days ago: $0.92 Next fiscal year, 30 days ago: $0.92 Next fiscal year, 7 days ago: $1.07 Next fiscal year, Now: $0.43 $0.43

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago −$0.67$0.92
60 days ago −$0.67$0.92
30 days ago −$0.67$0.92
7 days ago −$0.69$1.07
Now −$0.47$0.43

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.15 −$0.04 −128.1%
Mar 2026 $0.10 $0.13 +28.3%
Dec 2025 $0.21 −$0.24 −215.1%
Sept 2025 $0.09 −$0.15 −266.2%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 10, 2026
  • Gathering, Processing and Transportation Costs - Oil ($/Bbl) FY 2026E $2 to $3
    “Oil ($ / Bbl) $ 2 - $ 3 $ 1 $ 1 - $ 2 $ 2 - $ 3” source
  • Full-year 2026 lease operating expense guidance full-year 2026 $80m to $95m Lowered
    “Due to changes in the CO 2 agreement and ongoing cost saving initiatives at Beta, full-year 2026 lease operating expense guidance has been reduced to $80.0 to $95.0 million.” source
  • Full-year cash G&A guidance range full-year 2026 $17m to $22m Non-GAAP Maintained
    “The Company expects full-year cash G&A to be in line with our previously announced guidance range of $17.0 to $22.0 million.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows Amplify Energy Corp.'s revenue by -9.9% next year and +1.2% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (-18.2%, weight 56%) and the company's own record (+0.5%, weight 44%) . How the weights are set.

Analyst recommendations

2 analysts, Oct 2026
Buy2100%
Hold00%
Sell00%

Monthly trend

  1. Oct 202622
  2. Sep 202622

Counts of recommendations published by analysts covering Amplify Energy Corp., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
8.8%
of tradable shares
Days to cover
6.85
at average volume
Short interest, 1 month
−14%
to October 15, 2026
Held by institutions
65%
of shares
Held by insiders
9.5%
of shares
Employees
184
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −15.4%

$4.54 on October 31, 2025 to $3.84

ThenNowEffect
Revenue (last 12 months) $279m $213m −23.7%
Net margin 5.6% 10.6% +88.3%
P/E multiple 11.5x 6.9x −39.9%
Share count 40m 41m −2.0%

Biggest factor: net margin.

Last 3 years −44.7%

$6.95 on November 3, 2023 to $3.84

ThenNowEffect
Revenue (last 12 months) $377m $213m −43.5%
Net margin 116.6% 10.6% −90.9%
P/E multiple 0.6x 6.9x +1035.8%
Share count 39m 41m −5.4%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
AMPY+137%+183%−33%+1%−24%−16%
Industry peers (median)+86%+54%−8%+2%−15%+18%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
AMPY50%75%25%58%50%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
AMPY−54%−42%−45%−28%−65%−45%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 100% from November 4, 2015 to March 18, 2020. Getting back needed a 68951% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$3.67 – $6.63
From 52-week high
−42.1%
vs 50-day average
−15.3%
vs 200-day average
−22.0%
Volatility (1 year)
54%
Beta vs S&P 500
-0.39

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±9.5%
After a week
6 up, 6 down
typical move ±9.2%
After a month
5 up, 7 down
typical move ±14.6%
Results releasedNext dayS&P 500 next day5 days21 days
August 10, 2026 +11.9% −0.3% +19.6% +22.1%
May 11, 2026 −0.4% +0.1% −0.8% −13.6%
March 9, 2026 −16.2% +0.7% +3.0% −3.6%
November 5, 2025 +8.9% −0.7% +28.4% +23.6%
August 6, 2025 −9.2% +0.7% +1.8% +1.1%
May 12, 2025 +11.1% +4.0% −6.9% +26.0%
March 5, 2025 −16.3% −0.7% −14.1% −28.4%
November 6, 2024 +2.1% +3.3% −1.6% −6.1%
August 7, 2024 +16.6% +1.6% +10.2% −1.9%
May 8, 2024 −6.8% +0.6% −13.5% −18.6%
March 6, 2024 +3.3% +1.5% +0.7% +13.2%
November 6, 2023 −11.1% +0.5% −9.4% −16.7%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Amplify Energy Corp.’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: fundamentals grade C (needs B+ or better).

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: the shares trade below our fair value: a collar caps upside the model expects.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Amplify Energy Corp. in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Amplify Energy Corp.
$200M $250M $300M $350M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $327.6M Revenue (TTM), FY23 Q4: $307.6M Revenue (TTM), FY24 Q1: $304M Revenue (TTM), FY24 Q2: $311.6M Revenue (TTM), FY24 Q3: $304.6M Revenue (TTM), FY24 Q4: $294.7M Revenue (TTM), FY25 Q1: $290.4M Revenue (TTM), FY25 Q2: $279.3M Revenue (TTM), FY25 Q3: $275.8M Revenue (TTM), FY25 Q4: $263.4M Revenue (TTM), FY26 Q1: $228.8M Revenue (TTM), FY26 Q2: $213.1M $213.1M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $327.6M
FY23 Q4 $307.6M
FY24 Q1 $304M
FY24 Q2 $311.6M
FY24 Q3 $304.6M
FY24 Q4 $294.7M
FY25 Q1 $290.4M
FY25 Q2 $279.3M
FY25 Q3 $275.8M
FY25 Q4 $263.4M
FY26 Q1 $228.8M
FY26 Q2 $213.1M
Revenue growth, TTM YoY Amplify Energy Corp.
-40% -30% -20% -10% 0% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: -27.6% Revenue growth, TTM YoY, FY23 Q4: -32.9% Revenue growth, TTM YoY, FY24 Q1: -28.8% Revenue growth, TTM YoY, FY24 Q2: -17.4% Revenue growth, TTM YoY, FY24 Q3: -7.0% Revenue growth, TTM YoY, FY24 Q4: -4.2% Revenue growth, TTM YoY, FY25 Q1: -4.5% Revenue growth, TTM YoY, FY25 Q2: -10.4% Revenue growth, TTM YoY, FY25 Q3: -9.5% Revenue growth, TTM YoY, FY25 Q4: -10.6% Revenue growth, TTM YoY, FY26 Q1: -21.2% Revenue growth, TTM YoY, FY26 Q2: -23.7% -23.7%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 -27.6%
FY23 Q4 -32.9%
FY24 Q1 -28.8%
FY24 Q2 -17.4%
FY24 Q3 -7.0%
FY24 Q4 -4.2%
FY25 Q1 -4.5%
FY25 Q2 -10.4%
FY25 Q3 -9.5%
FY25 Q4 -10.6%
FY26 Q1 -21.2%
FY26 Q2 -23.7%
Operating margin (TTM) Amplify Energy Corp.
-10% 0% 10% 20% 30% 40% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 17.0% Operating margin (TTM), FY23 Q4: 24.8% Operating margin (TTM), FY24 Q1: 13.3% Operating margin (TTM), FY24 Q2: 15.2% Operating margin (TTM), FY24 Q3: 30.3% Operating margin (TTM), FY24 Q4: 10.3% Operating margin (TTM), FY25 Q1: 12.2% Operating margin (TTM), FY25 Q2: 12.4% Operating margin (TTM), FY25 Q3: -8.9% Operating margin (TTM), FY25 Q4: 29.2% Operating margin (TTM), FY26 Q1: 13.8% Operating margin (TTM), FY26 Q2: 19.9% 19.9%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 17.0%
FY23 Q4 24.8%
FY24 Q1 13.3%
FY24 Q2 15.2%
FY24 Q3 30.3%
FY24 Q4 10.3%
FY25 Q1 12.2%
FY25 Q2 12.4%
FY25 Q3 -8.9%
FY25 Q4 29.2%
FY26 Q1 13.8%
FY26 Q2 19.9%
FCF margin (TTM) Amplify Energy Corp.
-20% 0% 20% 40% FY18 Q2 FY19 Q1 FY25 Q1 FY26 Q2 FCF margin (TTM), FY18 Q2: -14.8% FCF margin (TTM), FY18 Q3: 4.7% FCF margin (TTM), FY18 Q4: 11.4% FCF margin (TTM), FY19 Q1: 14.7% FCF margin (TTM), FY19 Q2: 24.8% FCF margin (TTM), FY24 Q4: 17.0% FCF margin (TTM), FY25 Q1: 23.5% FCF margin (TTM), FY25 Q2: 27.4% FCF margin (TTM), FY25 Q3: 26.9% FCF margin (TTM), FY25 Q4: 18.3% FCF margin (TTM), FY26 Q1: 12.0% FCF margin (TTM), FY26 Q2: 3.2% 3.2%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY18 Q2 -14.8%
FY18 Q3 4.7%
FY18 Q4 11.4%
FY19 Q1 14.7%
FY19 Q2 24.8%
FY24 Q4 17.0%
FY25 Q1 23.5%
FY25 Q2 27.4%
FY25 Q3 26.9%
FY25 Q4 18.3%
FY26 Q1 12.0%
FY26 Q2 3.2%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Amplify Energy took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $263M
  2. Cost of revenue $17.8M · 6.8%
  3. Gross profit $246M · 93.2%
  4. Selling, general and admin $52.1M · 19.8%
  5. Other operating costs $117M · 44.3%
  6. Operating income $76.9M · 29.2%
  7. Income tax $16.9M · 6.4%
  8. Interest and other $16.1M · 6.1%
  9. Net income $44M · 16.7%

Shares of revenue. Source: Amplify Energy's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 63 209 248 470 794 365 229 209 276 202 343 458 308 295 263 213
Gross profit — — — — — — — — — 182 322 429 287 276 246 203
EBITDA 26 110 146 −157 531 −1,445 −14 134 44 −402 2 96 104 63 109 67
Operating income −16 19 21 −407 261 −1,644 −79 82 −12 −442 −26 72 76 30 77 42
Net income −16 17 −150 −344 117 −1,797 −85 55 −35 −464 −32 58 393 13 44 23
Diluted EPS — — −$26.10 −$54.68 $10.13 −$232.74 −$3.39 $2.09 −$1.20 −$12.34 −$0.84 $1.44 $9.63 $0.31 $1.03 $0.55
Growth (year on year)
Revenue — +232.2% +18.3% +89.6% +69.2% −54.0% −37.4% −8.8% +32.1% −26.6% +69.6% +33.7% −32.9% −4.2% −10.6% −23.7%
EBITDA — +321.8% +32.3% −207.5% — −372.3% — — −67.2% <−999% — — +8.6% −39.5% +73.7% −3.2%
Operating income — — +9.7% <−999% — −730.2% — — −114.7% — — — +5.9% −60.1% +152.9% +22.6%
Net income — — <−999% — — <−999% — — −164.5% — — — +578.6% −96.7% +239.6% +43.7%
Diluted EPS — — — — — <−999% — — −157.4% — — — +568.8% −96.8% +232.3% +40.8%
Margins
Gross margin — — — — — — — — — 89.8% 93.9% 93.7% 93.2% 93.7% 93.2% 95.2%
EBITDA margin 41.5% 52.7% 59.0% −33.4% 66.8% −395.8% −6.0% 64.2% 15.9% −198.7% 0.7% 20.9% 33.9% 21.4% 41.5% 31.5%
Operating margin −24.8% 8.9% 8.3% −86.8% 32.8% −450.2% −34.8% 39.1% −4.3% −218.6% −7.5% 15.7% 24.8% 10.3% 29.2% 19.9%
Net margin −24.8% 8.0% −60.6% −73.3% 14.7% −492.2% −37.2% 26.2% −12.8% −229.6% −9.4% 12.6% 127.7% 4.4% 16.7% 10.6%
Free-cash-flow margin −140.9% −48.3% −115.1% −73.8% −25.8% −33.8% −4.6% 14.1% 16.8% — — — 45.8% 17.0% 18.3% 3.2%
Cash flow
Cash from operations 51 142 137 238 352 213 120 142 47 74 63 64 142 51 49 7
Capital spending 140 243 422 584 556 337 130 112 1 — — — 1 1 1 0
Free cash flow −89 −101 −285 −347 −205 −124 −11 29 46 — — — 141 50 48 7
Stock-based pay 2 54 2 6 9 4 9 4 5 −0 1 3 5 7 8 8
Free cash flow after stock pay −90 −155 −288 −352 −213 −128 −20 25 42 — — — 136 43 40 −1
Balance sheet
Cash 12 7 19 33 12 81 6 50 0 10 19 0 21 0 61 21
Total debt 0 235 694 1,701 1,735 1,916 128 294 285 261 230 190 115 127 0 0
Net debt (negative = net cash) −12 227 675 1,668 1,724 1,834 122 244 285 250 211 190 94 127 −61 −21
Diluted shares — — 6m 7m 7m 8m 25m 25m 29m 38m 38m 38m 39m 40m 40m 41m
Returned to shareholders
Dividends — — — — — — — 0 16 4 0 — — — — —
Buybacks — — — 1 2 0 — 0 26 0 — — — — — —
Total returned — — — 1 2 0 — 0 42 4 0 — — — — —

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

1 of 2 checks passed · June 30, 2026
What it owns · $576m
Short-term assets $66mLonger-term assets $510m
What it owes, and who funded it · $576m
Short-term liabilities $50mLonger-term liabilities $87mShareholders' equity $439m
  • Short-term assets cover short-term liabilities $66m of assets due within a year against $50m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $66m short-term assets against $87m of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Amplify Energy Corp.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Diluted share count
+2.1%
year over year
Days sales outstanding
33 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in oil & gas exploration & production
Last 12 months unless stated AMPY DMLP SD PNRG BATL VTS Median
Revenue, last 12 months $213m $192m $180m $179m $163m $300m $1.4bn
Revenue growth, last 12 months −23.7% 13.9% 23.2% −19.4% −12.0% 10.6% 10.6%
Revenue growth, 3-year average −17.3% 7.7% −4.0% 5.1% −18.0% 10.0% 1.4%
Revenue growth, latest quarter −22.9% 73.1% 48.0% 1.2% 12.4% 23.0% 31.5%
Gross margin 95.2% — 98.2% 96.8% — — 75.2%
Operating margin 19.9% — 41.1% 26.6% −3.2% 12.0% 21.1%
Operating margin, 3-year average 15.8% — 36.3% 20.4% −1.6% 14.9% 16.5%
Net margin 10.6% 45.5% 46.1% 13.9% −24.5% −15.4% 10.1%
Cash from operations / revenue 3.4% 81.5% 66.2% 55.0% 16.6% 42.1% 42.4%
Free-cash-flow margin 3.2% 81.5% 23.6% 27.3% −2.7% 33.7% 19.3%
Free-cash-flow margin, 3-year average 15.1% 81.3% 37.2% 9.9% −49.3% 46.2% 19.1%
Stock pay / revenue 3.6% — 1.6% — −0.1% 2.8% 1.5%
Change in share count 2.1% 5.6% −0.2% −3.0% 45.1% 11.5% 0.4%

Median of all 57 companies we cover in oil & gas exploration & production. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

57 oil & gas exploration & production companies
Measure Company Peer median Rank
Revenue growth Growth -23.7% 10.6% 50 of 57
Change in growth rate Growth -2.5pp +4.9pp 43 of 57
Gross margin Profitability 95.2% 83.5% 4 of 12
Operating margin Profitability 19.9% 19.9% 21 of 42
Net margin Profitability 10.6% 10.1% 28 of 57
Free-cash-flow margin Cash generation 3.2% 23.2% 40 of 51
Stock pay as % of revenue Cash generation 3.6% 1.2% 43 of 47
Long-term debt as % of assets Balance sheet 0.0% 17.6% 1 of 43
Change in share count Balance sheet 2.1% 0.4% 31 of 48
Days sales outstanding Balance sheet 33 days 41 days 14 of 42

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Oil and Gas $256M 97.2% ▼ 9.5%
Other $7.3M 2.8% ▼ 37.9%

From Amplify Energy Corp.'s 10-K filed March 9, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$94M
Institutions reporting
125
Shares held vs prior quarter
▼ 4.1%
Positions opened / closed
25 / 23

Top buyers and sellers, Q2 2026: 65 institutions bought and 62 sold ; the biggest buyer was Blackrock, Inc (+1.9M shares) and the biggest seller Truffle Hound Capital, LLC (−1.3M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Cdc Financial, Inc. $10.3M 2.6M 11.0% 0.0%
Blackrock, Inc. $9.8M 2.5M 10.4% ▲ 327.4%
Vanguard Capital Management LLC $6.6M 1.7M 7.0% ▲ 1.4%
Dimensional Fund Advisors LP $6.3M 1.6M 6.8% ▼ 2.3%
American Century Companies Inc $5.5M 1.4M 5.8% ▼ 4.2%
Acadian Asset Management LLC $5.1M 1.3M 5.4% ▼ 7.0%
Geode Capital Management, LLC $3.6M 908K 3.8% ▲ 118.6%
Csm Advisors, LLC $2.9M 739K 3.1% ▼ 1.5%
D. E. Shaw & Co., Inc. $2.6M 661K 2.8% ▲ 105.2%
Caption Management, LLC $2.3M 572K 2.4% ▼ 34.6%
Bridgeway Capital Management, LLC $2.1M 532K 2.3% ▲ 24.4%
Qube Research & Technologies Ltd $2.1M 524K 2.2% ▲ 117.8%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Amplify Energy Corp.'s complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $98,750 1 trade by 1 insider, last 12 months Insider sales History → $6.5M 3 trades by 1 insider · 0% under pre-set plans
Net ▼ $6.4M net selling
Insider Date Trade Shares Price Value
Frew James SEE REMARKS June 23, 2026 Buy 25,000 $3.95 $98,750
Coghill Clint D Director March 17, 2026 Sell 242,489 $6.31 $1.5M
Coghill Clint D Director March 16, 2026 Sell 501,279 $6.42 $3.2M
Coghill Clint D Director March 13, 2026 Sell 256,232 $6.66 $1.7M

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 4, 2026 estimated from the company's past filing pattern, not announced

  • August 10, 2026
  • May 11, 2026
  • March 9, 2026
  • November 5, 2025
  • August 6, 2025
  • May 12, 2025

Recent SEC filings

Data status

When each part of this page on Amplify Energy Corp. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Amplify Energy Corp. in brief

What does Amplify Energy Corp. do?
Amplify Energy Corp. is a US-listed company in the oil & gas exploration & production industry. Its financial year ends in December.
What is Amplify Energy Corp.'s stock ticker?
Amplify Energy Corp. trades under the ticker AMPY on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Amplify Energy Corp.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Amplify Energy Corp. reported revenue of $213M, 23.7% lower than a year earlier, according to its SEC filings.
What is Amplify Energy Corp.'s free cash flow?
Amplify Energy Corp.'s free-cash-flow margin is 3.2% of revenue over the trailing twelve months, ranking 40 of the 51 oil & gas exploration & production companies we cover.
What is Amplify Energy Corp.'s fair value (intrinsic value) per share?
Our discounted-cash-flow model of Amplify Energy Corp.'s free cash flow after stock-based pay gives ~$9.1 per share in the base case, and ~$6.9–$12 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Amplify Energy Corp.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Cdc Financial, Inc., Blackrock, Inc. and Vanguard Capital Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Amplify Energy Corp.'s market cap?
On November 2, 2026, Amplify Energy Corp.'s market capitalisation was about $157M, with a price-to-earnings ratio of 6.9 and net debt of -$21.2M. Market figures come from third-party market data and may be delayed.
Who are Amplify Energy Corp.'s competitors?
In our Oil & Gas Exploration & Production peer group, the companies closest to Amplify Energy Corp. are Dorchester Minerals, L.p., Sandridge Energy Inc, Primeenergy Resources Corp, Battalion OIL Corp and Vitesse Energy, Inc. The side-by-side comparison below sets their revenue, margins and growth against Amplify Energy Corp.'s.
Are insiders buying or selling Amplify Energy Corp. stock?
Over the last 12 months, Amplify Energy Corp.'s directors and officers reported 1 open-market purchases and 3 sales on Form 4. The insider trading page charts every trade.
When is Amplify Energy Corp.'s next earnings date?
Around November 4, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Amplify Energy Corp. announces its own schedule.