Added to YB: 2024-02-09
Pitch date: 2024-02-08
AMPY [bullish]
Amplify Energy Corp.
-21.27%
current return
Author Info
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Company Info
Amplify Energy Corp., together with its subsidiaries, engages in the acquisition, development, exploitation, and production of oil and natural gas properties in the United States.
Market Cap
$183.7M
Pitch Price
$6.16
Price Target
9.00 (+86%)
Dividend
N/A
EV/EBITDA
3.35
P/E
12.06
EV/Sales
1.14
Sector
Oil, Gas and Consumable Fuels
Category
turnaround
Show full summary:
Amplify Energy: With Upside Catalysts, An Ideal Buying Opportunity Has Emerged In This $5 Oil Stock
$AMPY undervalued at 4.4 P/E for 2024E EPS of $1.37. Bairoil sale in Q1 '24 could eliminate $104M debt. $96.5M settlement aids recovery from '21 spill. Proven reserves value: $18/share. Catalysts: rates, ME tension, '25 supply crunch. Risks: oil vol, regs, enviro.
Read full article (7 min)