Added to YB: 2024-05-13
Pitch date: 2024-05-10
AMPY [bullish]
Amplify Energy Corp.
-22.03%
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
$6.22
Price Target
35.00 (+622%)
Dividend
N/A
EV/EBITDA
3.35
P/E
12.06
EV/Sales
1.14
Sector
Oil, Gas and Consumable Fuels
Category
value
Another Portfolio Addition — $AMPY
AMPY: Cheap O&G producer at 4.3x TTM EBITDA, 9x FCF. Key asset Beta expansion could boost CF materially: each new well's 1st-year FCF seen beating total capex. Beta development PV10 $1-2B (adds $25-$50/sh). Divesting non-core assets another catalyst. Risks: Beta delays, mgmt incentives, but large margin of safety.
Read full article (4 min)