Recap: Amplify Energy Q4 Earnings

Shares of Amplify Energy AMPY moved higher by 2.5% in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were up 35.38% over the past year to ($0.42), which missed the estimate of $0.05.

Revenue of $56,092,000 decreased by 28.02% from the same period last year, which missed the estimate of $59,600,000.

Outlook

Amplify Energy hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Mar 11, 2021

Time: 11:00 AM

ET Webcast URL: https://www.amplifyenergy.com/investor-relations/events-and-presentations/default.aspx

Price Action

Company's 52-week high was at $4.15

52-week low: $0.49

Price action over last quarter: Up 551.00%

Company Profile

Amplify Energy Corp is an upstream company focused on the acquisition, production, and development of oil and gas properties in the United States. Its properties consist of mature, legacy oil and natural gas fields. Its assets consist primarily of producing oil and natural gas properties located in Oklahoma, the Rockies, federal waters offshore Southern California, East Texas/North Louisiana, and South Texas.