Amplify Energy Corp Q3 2024 Earnings Report Preview What to Expect

AMPY Stock  USD 6.59  0.15  2.23%   
Slightly above 61% of Amplify Energy's investor base is looking to short. The current sentiment of investing in Amplify Energy Corp suggests that many traders are alarmed. Amplify Energy's investing sentiment can be driven by a variety of factors including economic data, Amplify Energy's earnings reports, geopolitical events, and overall market trends.
  
Amplify Energy Corp is set to release its Q3 2024 earnings on Nov 7, 2024. The consensus estimate for Q3 2024 revenue is 76.36 million, and the earnings are expected to come in at 0.27 per share. The full year 2024s revenue is expected to be 316.23 million and the earnings are expected to be 0.70 per share.

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Amplify Energy Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Amplify Energy can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Amplify Energy Fundamental Analysis

We analyze Amplify Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Amplify Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Amplify Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Beta

Beta Comparative Analysis

Amplify Energy is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Amplify Energy Corp Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Amplify Energy stock to make a market-neutral strategy. Peer analysis of Amplify Energy could also be used in its relative valuation, which is a method of valuing Amplify Energy by comparing valuation metrics with similar companies.

Peers

Amplify Energy Related Equities

CRCCalifornia Resources   0.88   
0%
21.0%
CRKComstock Resources   0.39   
0%
9.0%
PNRGPrimeEnergy   0.34   
0%
8.0%
PRPermian Resources   0.26   
6.0%
0%
PHXPHX Minerals   0.52   
12.0%
0%
MTDRMatador Resources   0.57   
13.0%
0%
MGYMagnolia Oil   0.85   
20.0%
0%
CHRDChord Energy   1.86   
45.0%
0%
CRGYCrescent Energy   2.02   
49.0%
0%
CIVICivitas Resources   2.20   
53.0%
0%
VTLEVital Energy   2.25   
54.0%
0%
EPSNEpsilon Energy   2.70   
65.0%
0%
OBEObsidian Energy   3.12   
75.0%
0%
REIRing Energy   3.25   
79.0%
0%
GPRKGeoPark   4.11   
100.0%
0%

Additional Tools for Amplify Stock Analysis

When running Amplify Energy's price analysis, check to measure Amplify Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Amplify Energy is operating at the current time. Most of Amplify Energy's value examination focuses on studying past and present price action to predict the probability of Amplify Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amplify Energy's price. Additionally, you may evaluate how the addition of Amplify Energy to your portfolios can decrease your overall portfolio volatility.