Logo

AMPY

Amplify Energy Corp.

AMPY

Amplify Energy Corp. • NYSE
$5.50 ▲ 3.77% (+0.20)
Market Cap $222.62 M
52w High $6.75
52w Low $2.27
Dividend Yield 0%
P/E -7.97
Volume 339.48K
Outstanding Shares 40.48M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $66.396M ▼ $87.681M ▲ $-20.966M ▼ -31.577% ▼ $-0.52 ▼ $-15.227M ▼
Q2-2025 $68.361M ▼ $2.692M ▼ $6.384M ▲ 9.339% ▲ $0.15 ▲ $21.658M ▲
Q1-2025 $72.05M ▲ $71.758M ▲ $-5.861M ▲ -8.135% ▲ $-0.15 ▲ $4.615M ▲
Q4-2024 $69.021M ▼ $27.685M ▼ $-7.429M ▼ -10.763% ▼ $-0.19 ▼ $1.655M ▼
Q3-2024 $69.858M $32.968M $22.652M 32.426% $0.54 $40.572M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $0 $731.355M ▼ $338.381M ▼ $392.974M ▼
Q2-2025 $0 $771.307M ▲ $360.002M ▲ $411.305M ▲
Q1-2025 $0 $753.639M ▲ $350.702M ▲ $402.937M ▼
Q4-2024 $0 ▼ $747.076M ▲ $338.164M ▲ $408.912M ▼
Q3-2024 $15.556M $739.216M $324.546M $414.67M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-20.966M ▼ $13.448M ▼ $-6.377M ▲ $-7.071M ▼ $0 $-13.887M ▼
Q2-2025 $6.384M ▲ $23.689M ▼ $-28.683M ▼ $4.994M ▲ $0 $-3.975M ▼
Q1-2025 $-5.861M ▲ $25.501M ▲ $-21.497M ▼ $-4.004M ▼ $0 $289K ▲
Q4-2024 $-7.429M ▼ $12.455M ▼ $-19.379M ▼ $6.924M ▲ $0 ▲ $-5.75M ▼
Q3-2024 $22.652M $15.737M $-18.078M $1.839M $-502K $206K

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Oil and Gas
Oil and Gas
 $210.00M ▲$70.00M ▼$70.00M ▲$60.00M ▼
Product and Service Other
Product and Service Other
 $10.00M ▲$0 ▼$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Amplify’s sales have been relatively steady in recent years, with a noticeable bump during the strong commodity-price period and some easing since then. The company has been able to generate a solid gross profit and positive operating income, which suggests its core fields are economical at recent prices. Net income, however, has been quite volatile. There were meaningful losses earlier in the period, then a very strong profit year that likely included one‑off items, followed by only a small profit most recently. Earnings per share swing a lot, which tells you results are sensitive to special factors and to oil and gas prices, not just day‑to‑day operations.

Balance Sheet

Balance Sheet The balance sheet has improved from a stressed position to a more stable one. Equity was negative a few years ago and is now clearly positive, indicating past repair of the capital structure, likely through debt reduction, asset sales, or retained earnings. Total assets have grown, which reflects ongoing investment in the core properties. Debt has been trimmed over time but is still a meaningful part of the capital mix, so leverage matters and needs ongoing attention. Cash on hand is modest, which limits flexibility and means the company leans on steady cash generation and credit access rather than a large cash cushion.

Cash Flow

Cash Flow Operating cash flow has been consistently positive over the last several years, even through tougher periods, which is a good sign that the underlying fields generate real cash and not just accounting profits. Free cash flow has generally been positive, but the most recent year shows a dip into negative territory as the company stepped up spending on its assets. That suggests management is reinvesting more heavily, particularly in key projects, rather than purely harvesting cash. Capital spending itself has been fairly disciplined and predictable, with the latest uptick marking a more growth‑oriented phase rather than a structural overspend so far.

Competitive Edge

Competitive Edge Amplify occupies a focused niche: it specializes in squeezing more value out of mature oil and gas fields that many larger companies no longer prioritize. Its strength lies in being a technical and operational expert in these older assets rather than chasing big, new discoveries. The company’s use of CO2 enhanced oil recovery in Wyoming and its ability to operate a complex offshore field in California give it capabilities that are not easily copied. The in‑house service arm, Magnify Energy Services, helps control costs and quality in the field, which matters a lot for mature assets where operating efficiency is key. At the same time, the business is relatively small and concentrated in a few core fields, which can be a risk if any one asset faces operational, regulatory, or environmental challenges. The hedging program helps smooth out some commodity price volatility but does not remove it entirely.

Innovation and R&D

Innovation and R&D Amplify’s innovation is more about applied engineering and operational know‑how than about traditional lab research. The company is refining proven techniques like CO2 flooding to get more oil out of existing reservoirs at lower cost, while also pursuing potential benefits from carbon capture incentives. In its offshore Beta field, it is using modern drilling and completion methods to revitalize a legacy asset, which has already shown stronger‑than‑expected well performance. The creation of Magnify Energy Services is another form of innovation—vertically integrating field services to better manage costs and reliability. Looking ahead, possible expansion into broader carbon capture and storage projects around its CO2 operations could open new revenue streams, but this remains an emerging opportunity with policy, execution, and technology risks.

Summary

Overall, Amplify looks like a turnaround and optimization story in the oil and gas space. The company has moved from losses and a strained balance sheet to more stable profitability, positive equity, and consistent operating cash flow, though earnings remain lumpy and sensitive to both market conditions and special items. Its strategy is clear: focus on a small set of high‑return, oil‑weighted, mature fields; use specialized recovery techniques; and keep tight control of operating costs through its own service business. This can create attractive economics when execution is strong and prices are supportive. Key risks include concentration in a few core fields (especially the offshore California asset with regulatory and environmental exposure), ongoing reliance on commodity prices, modest cash buffers, and the need to deliver on high‑return drilling and CO2‑related projects. Key opportunities lie in continued outperformance of new wells, effective cost reductions in enhanced recovery operations, and potential upside from carbon capture and storage initiatives if policy and project economics develop favorably.

NEWS

November 5, 2025 · 4:05 PM UTC

Amplify Energy Provides Strategic Initiatives Update and Third Quarter 2025 Results

Read more

November 5, 2025 · 6:00 AM UTC

Amplify Energy Announces Divestiture of Oklahoma Assets

Read more

October 29, 2025 · 6:00 AM UTC

Amplify Energy Announces Divestiture of East Texas Assets

Read more