tiprankstipranks
Company Announcements

Amplify Energy Announces 2024 Financial Results and Merger Plans

Story Highlights
Amplify Energy Announces 2024 Financial Results and Merger Plans

The latest announcement is out from Amplify Energy ( (AMPY) ).

On March 5, 2025, Amplify Energy announced its financial and operating results for the fourth quarter and full-year 2024, highlighting a net income of $12.9 million and an adjusted EBITDA of $103 million for the year. The company also provided updates on its strategic initiatives for 2025, including a merger with Juniper Capital’s portfolio companies, which is expected to enhance its asset base and operational efficiency. Additionally, Amplify reported successful monetization of its Haynesville interests, generating significant proceeds and establishing new partnerships.

More about Amplify Energy

Amplify Energy Corp. operates in the oil and gas industry, focusing on the exploration and production of oil and natural gas. The company is involved in strategic initiatives to expand its operations, including acquisitions and development programs, particularly in the DJ and Powder River Basins.

YTD Price Performance: -25.41%

Average Trading Volume: 333,483

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $181.7M

For an in-depth examination of AMPY stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App