Added to YB: 2024-07-31
Pitch date: 2024-07-30
AMPY [bullish]
Amplify Energy Corp.
-35.25%
current return
Author Info
Idea Hive shares a curated portfolio of compelling investment ideas Sign up for the newsletter.
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
$7.49
Price Target
N/A
Dividend
N/A
EV/EBITDA
3.35
P/E
12.06
EV/Sales
1.14
Sector
Oil, Gas and Consumable Fuels
Category
growth
A Deeper Dive Into AMPY
AMPY: O&G producer at 4.6x TTM EBITDA, 9.8x FCF. Beta oilfield development key catalyst: facility upgrades ($6-8M savings) + new well drilling (100%+ IRR, 350bpd/well). Potential $100M+ annual FCF. Bairoil sale could net $76M. Eagle Ford asset sale possible. Mgmt track record mixed but solid capital allocation. Risks: failed divestitures, drilling setbacks.
Read full article (13 min)