Amplify Energy Corp. (AMPY) stock analysis
Close on Nov 12, 2026Market cap $166.66MP/E 7.4Yield –
StockData Score
Prices as of Nov 11, 2026How the score works
Mixed13 of 30 checks passed
Amplify Energy passes 13 of the 30 checks behind our score; 8 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.
- Valuation
- 5/6
- Growth
- 2/6
- Past performance
- 2/6
- Financial health
- 4/6
- Dividend
- 0/6
What stands out
Margin of safety over 20%
The price is 57.9% below fair value, more than the 20% cushion we look for.
Trading below fair value
The share price of $3.85 is below our fair value estimate of $9.15.
No debt
Amplify Energy has no borrowings on its latest balance sheet.
Interest well covered
No meaningful interest expense to cover.
What to watch
Return on capital under 10%
Return on invested capital was 7.8%, below the 10% that usually covers the cost of capital.
Revenue growing under 10% a year
Revenue grew -16.9% a year over the last three fiscal years, short of the 10% we look for.
EPS growing under 10% a year
Diluted EPS grew -10.6% a year over the last three fiscal years.
Elevated bankruptcy risk
The Altman Z-score is 1.11; above 3 is the safe zone and below 1.8 the distress zone.
Valuation5/6
P/E above its 5-year median
Amplify Energy's P/E of 7.1 is above its own 5-year median of 7.1.
P/E below the industry
Amplify Energy's P/E of 7.1 is below the Crude Petroleum and Natural Gas median of 10.4.
EV/EBITDA below its 5-year median
Amplify Energy's EV/EBITDA of 2.2 is below its 5-year median of 4.2.
P/B below the industry
Amplify Energy's price-to-book of 0.38 is below the Crude Petroleum and Natural Gas median of 1.33.
Trading below fair value
The share price of $3.85 is below our fair value estimate of $9.15.
Margin of safety over 20%
The price is 57.9% below fair value, more than the 20% cushion we look for.
Growth2/6
Revenue growing under 10% a year
Revenue grew -16.9% a year over the last three fiscal years, short of the 10% we look for.
EPS growing under 10% a year
Diluted EPS grew -10.6% a year over the last three fiscal years.
Earnings acceleration
Needs positive net income now, a year ago and five years ago.
Growing slower than the industry
Revenue grew -28.2% over the last twelve months; the Crude Petroleum and Natural Gas median is 8.7%.
Guidance raised
Amplify Energy raised its FY 2026E Beta Sinking Fund ($ MM) outlook on Mar 9, 2026.
Gross margin improving
Gross margin was 97.0% over the last twelve months, against 93.2% a year earlier.
Past performance2/6
Return on equity
Needs positive equity and five years of results.
Return on capital under 10%
Return on invested capital was 7.8%, below the 10% that usually covers the cost of capital.
Return on equity above the industry
Amplify Energy's return on equity of 6.1% is above the Crude Petroleum and Natural Gas median of 5.5%.
Earnings over 5 years
Needs positive net income five years ago and in the latest year.
Net margin below its 5-year average
Net margin was 12.5% over the last twelve months, against a 5-year average of 30.4%.
Net margin above the industry
Amplify Energy's net margin of 12.5% is above the Crude Petroleum and Natural Gas median of 3.8%.
Financial health4/6
No debt
Amplify Energy has no borrowings on its latest balance sheet.
Debt not rising
With no debt today, leverage cannot have risen.
Debt covered by cash flow
There is no debt to cover.
Interest well covered
No meaningful interest expense to cover.
Short-term assets don't cover short-term debts
Current assets are 0.80 times current liabilities.
Elevated bankruptcy risk
The Altman Z-score is 1.11; above 3 is the safe zone and below 1.8 the distress zone.
Dividend0/6
No dividend
Amplify Energy has not paid a dividend in the last twelve months.
Yield against Treasuries
No dividend.
Yield against the market
No dividend.
Dividend stability
No dividend.
Earnings cover
No dividend.
Cash-flow cover
No dividend.
Fair value
How we estimate itOur estimate per share
$9.15
The share price is 58% below this estimate.
| Method | Multiple used | Own 5Y median | Industry median | Value per share | Weight |
|---|---|---|---|---|---|
| P/E | 8.7× | 7.1× | 10.4× | $4.70 | 40% |
| EV/EBITDA | 4.8× | 4.2× | 5.3× | $7.95 | 35% |
| P/B | 0.9× | 0.6× | 1.3× | $9.49 | 10% |
| Earnings power | 8.2% cost of equity | – | – | $23.60 | 15% |
| Fair value | $9.15 | 100% | |||
Valuation over time
Using the earnings and balance sheet published at each date, not today's.
- P/E at month end
- Own 5-year median 7.1
- Crude Petroleum and Natural Gas median 10.4
An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.
Market risk
From the past year of daily prices.
Liquidity
Medium risk
- Average value traded per day
- $2.56M
- Value traded per 1% price move
- $1.07M
Downside
High risk
- Typical loss in a bad month
- 25.9%
- Volatility (annualized)
- 55%
- Sharpe ratio, 1 year
- -0.66
- Beta to the S&P 500 (5Y)
- 0.67
Typical bad-month loss, week by week
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
Operating margin
Net margin
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -10.6% | -16.9% | +5.4% | -3.2% | |
| Gross profit | -11.1% | -17.0% | +6.2% | – | |
| Operating income | +152.9% | +2.2% | – | – | |
| Net income | +239.6% | -8.8% | – | – | |
| EPS, diluted | +232.3% | -10.6% | – | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | 10.1% | |
| Return on assets | – | – | 6.5% | |
| Current ratio | 2.20 | 1.00 | 2.25 | |
| Debt to equity | 0.23 | -7.72 | 0.00 | |
| Net debt to EBITDA | – | -0.62× | -0.55× | |
| Interest coverage | – | – | – | |
| Diluted shares | – | 38M | 40M |
Cash use needs five years of cash flow figures
Amplify Energy does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont analysis
Return on equity split into margin, efficiency and leverage
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 16.7% | 0.39× | 1.55× | 10.1% |
| FY2024 | 4.4% | 0.40× | 1.86× | 3.2% |
| FY2023 | 127.7% | 0.51× | 3.10× | 203.2% |
| FY2022 | 12.6% | 1.00× | -13.18× | -166.8% |
| FY2021 | -9.4% | 0.82× | -8.52× | 65.1% |
| FY2019 | -12.8% | 0.32× | 2.02× | -8.3% |
| FY2018 | 16.1% | 0.45× | 1.88× | 13.5% |
| FY2017 | -37.2% | 0.32× | 1.52× | -17.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
- ProfitableNet income above zero$43.97M
- Cash generatingOperating cash flow above zero$49.20M
- Return on assets improvedROA up on the prior year1.8% → 5.9%
- Earnings backed by cashOperating cash flow above net income$49.20M vs $43.97M
- Less leverageLong-term debt to assets fell17.0% → 0.0%
- Better liquidityCurrent ratio rose1.05 → 2.25
- No dilutionShare count did not rise40M → 40M
- Gross margin improvedGross margin up on the prior year93.75% → 93.24%
- More efficientAsset turnover rose0.40 → 0.35
See a number that looks wrong?