Amplify Energy (AMPY) Scheduled to Post Quarterly Earnings on Wednesday

Amplify Energy (NYSE:AMPY – Get Rating) will post its quarterly earnings results after the market closes on Wednesday, May 4th. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Amplify Energy (NYSE:AMPY – Get Rating) last issued its earnings results on Wednesday, March 9th. The company reported $0.94 earnings per share (EPS) for the quarter. Amplify Energy had a negative return on equity of 91.96% and a negative net margin of 9.35%. The business had revenue of $93.05 million during the quarter.

Shares of AMPY opened at $6.46 on Wednesday. Amplify Energy has a 1 year low of $2.47 and a 1 year high of $7.43. The stock has a 50 day moving average of $5.76. The firm has a market cap of $245.89 million, a PE ratio of -7.69 and a beta of 3.07.

Several institutional investors and hedge funds have recently modified their holdings of the company. Invesco Ltd. raised its stake in shares of Amplify Energy by 3.6% in the third quarter. Invesco Ltd. now owns 124,080 shares of the company’s stock valued at $660,000 after acquiring an additional 4,343 shares during the last quarter. BlackRock Inc. raised its stake in shares of Amplify Energy by 1.8% in the fourth quarter. BlackRock Inc. now owns 447,477 shares of the company’s stock valued at $1,392,000 after acquiring an additional 8,107 shares during the last quarter. Millennium Management LLC raised its stake in shares of Amplify Energy by 28.3% in the fourth quarter. Millennium Management LLC now owns 39,191 shares of the company’s stock valued at $122,000 after acquiring an additional 8,634 shares during the last quarter. Peapack Gladstone Financial Corp bought a new position in shares of Amplify Energy in the fourth quarter valued at approximately $31,000. Finally, Renaissance Technologies LLC raised its stake in shares of Amplify Energy by 46.2% in the third quarter. Renaissance Technologies LLC now owns 33,500 shares of the company’s stock valued at $178,000 after acquiring an additional 10,589 shares during the last quarter. 30.68% of the stock is owned by institutional investors and hedge funds.

About Amplify Energy (Get Rating)

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.

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