The price of West Texas Intermediate (WTI) crude oil has risen dramatically in 2024. That has set the stage for strong performance from the energy sector this year.
HOUSTON, April 24, 2024 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (“Amplify” or the “Company”) (NYSE: AMPY) announced today that it will report first quarter 2024 financial and operating results after the U.S. financial markets close on May 8, 2024. Management will host a conference call at 10:00 a.m. CT on May 9, 2024 to discuss the Company's results. Interested parties are invited to participa...
Amplify Energy Corp. is projected to exceed its guidance around 2024 free cash flow, helped by improved oil prices. Amplify has other obligations (such as Beta sinking fund payments) that will reduce its credit facility debt paydown during 2024. Amplify's 2025 free cash flow is projected to be $40 million more than its 2024 free cash flow, with its 2024 investments paying off more in 2025.
HOUSTON, March 11, 2024 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (“Amplify,” the “Company,” “us,” “we,” or “our”) (NYSE: AMPY) continues to monitor the status of the oil sheen reported on March 7, 2024, off the coast of Huntington Beach, California. Amplify has the following updates to report:
HOUSTON, March 08, 2024 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (“Amplify,” the “Company,” “us,” “we,” or “our”) (NYSE: AMPY) is aware of reports of an oil sheen off the coast of Huntington Beach, California. At this time, we have no indication that this sheen is related to our operations. We will continue to cooperate with the U.S. Coast Guard and other relevant authorities and provide suppor...
HOUSTON, March 06, 2024 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify,” the “Company,” “us,” or “our”) announced today its operating and financial results for the fourth quarter and full-year 2023, year-end 2023 proved reserves and guidance for full-year 2024.
HOUSTON, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (“Amplify” or the “Company”) (NYSE: AMPY) announced today that it will report fourth quarter 2023 financial and operating results after the U.S. financial markets close on March 6, 2024. Management will host a conference call at 10:00 a.m. CT on March 7, 2024 to discuss the Company's results. Interested parties are invited to parti...
Amplify Energy is not a well-known oil stock but it might get more attention from investors in 2024, due to a potentially major asset sale and continued de-risking. This stock is very undervalued and trades for just over 4 times earnings estimates for 2024.
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