Amplify Energy Corp. (AMPY) 10-Year Financial Performance & Capital Metrics

AMPY • • Industrial / General

EnergyOil & Gas E&PConventional Onshore E&PMulti-Basin Diversified Operators

AboutAmplify Energy Corp. engages in the acquisition, development, exploitation, and production of oil and natural gas properties in the United States. The company's properties consist of operated and non-operated working interests in producing and undeveloped leasehold acreage, as well as working interests in identified producing wells located in Oklahoma, the Rockies, federal waters offshore Southern California, East Texas/North Louisiana, and Eagle Ford. As of December 31, 2021, it had total estimated proved reserves of approximately 121.2 million barrels of oil equivalent; and 2,417 gross producing wells. The company is headquartered in Houston, Texas.Show more

Revenue $295M -4.2%
EBITDA $63M -43.8%
Net Income $13M -96.7%
EPS (Diluted) 0.31 -96.8%
Gross Margin 93.75% +141.9%
EBITDA Margin 21.38% -41.4%
Operating Margin 10.32% -58.3%
Net Margin 4.39% -96.6%
ROE 3.24% -98.4%
ROIC 4.42% -73.5%
Debt/Equity 0.32 +4.0%
Interest Coverage 2.08 -51.6%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 103.2%
✓High quality earnings: Operating CF exceeds net income
✓Trading at only 0.5x book value

✗Weaknesses

✗Negative free cash flow

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-7.68%

5Y1.35%

3Y-4.93%

TTM-9.46%

Profit (Net Income) CAGR

10Y-19.75%

5Y-

3Y-

TTM-143.58%

EPS CAGR

10Y-29.42%

5Y-

3Y-

TTM-146.1%

ROCE

10Y Avg-36.68%

5Y Avg-8.29%

3Y Avg14.7%

Latest4.61%

Peer Comparison

Multi-Basin Diversified Operators

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
CTRACoterra Energy Inc.	19.59B	25.73	17.04	-3.92%	23.47%	11.18%	5.23%	0.29
AMPYAmplify Energy Corp.	194.28M	4.80	15.48	-4.2%	-10.1%	-7.09%		0.32
CNQCanadian Natural Resources Limited	71.03B	34.10	11.96	-12.68%	15.49%	16.45%	11.4%	0.51
BTEBaytex Energy Corp.	2.6B	3.38	11.27	24.43%	5.6%	5.12%	22.87%	0.55
OVVOvintiv Inc.	10.12B	39.95	9.49	-15.91%	2.65%	2.31%	14.02%	0.61
DVNDevon Energy Corporation	22.78B	36.32	7.95	2.82%	16.11%	17.71%		0.63
CRGYCrescent Energy Company	2.76B	8.39	-9.53	23.01%	0.66%	0.53%		0.72

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	324.19M	794.18M	225.09M	205.08M	275.57M	202.14M	342.92M	458.46M	307.6M	294.68M
Revenue Growth %	-0.51%	1.45%	-0.72%	-0.09%	0.34%	-0.27%	0.7%	0.34%	-0.33%	-0.04%
Cost of Goods Sold+	295.66M	170.2M	143.63M	116.47M	198.24M	181.53M	170.27M	184.74M	188.4M	18.43M
COGS % of Revenue	0.91%	0.21%	0.64%	0.57%	0.72%	0.9%	0.5%	0.4%	0.61%	0.06%
Gross Profit+	28.52M	623.99M	81.47M	88.61M	77.34M	20.62M	172.64M	273.72M	119.2M	276.25M
Gross Margin %	0.09%	0.79%	0.36%	0.43%	0.28%	0.1%	0.5%	0.6%	0.39%	0.94%
Gross Profit Growth %	-0.9%	20.88%	-0.87%	0.09%	-0.13%	-0.73%	7.37%	0.59%	-0.56%	1.32%
Operating Expenses+	36.09M	48.73M	39.32M	37.07M	89.31M	462.51M	198.25M	201.73M	42.98M	245.83M
OpEx % of Revenue	0.11%	0.06%	0.17%	0.18%	0.32%	2.29%	0.58%	0.44%	0.14%	0.83%
Selling, General & Admin	38.7M	48.73M	29.35M	24.54M	55.29M	27.79M	25.29M	30.16M	32.98M	35.9M
SG&A % of Revenue	0.12%	0.06%	0.13%	0.12%	0.2%	0.14%	0.07%	0.07%	0.11%	0.12%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	-2.61M	0	9.97M	12.53M	34.02M	434.72M	172.97M	171.57M	10M	209.94M
Operating Income+	-1.64B	260.83M	-79.49M	54.25M	-11.97M	-441.89M	-25.61M	71.99M	76.22M	30.42M
Operating Margin %	-5.07%	0.33%	-0.35%	0.26%	-0.04%	-2.19%	-0.07%	0.16%	0.25%	0.1%
Operating Income Growth %	-7.3%	1.16%	-1.3%	1.68%	-1.22%	-35.91%	0.94%	3.81%	0.06%	-0.6%
EBITDA+	-1.45B	337.73M	-12.56M	117.1M	43.87M	-401.62M	2.46M	95.94M	112.17M	63.01M
EBITDA Margin %	-4.46%	0.43%	-0.06%	0.57%	0.16%	-1.99%	0.01%	0.21%	0.36%	0.21%
EBITDA Growth %	-3.72%	1.23%	-1.04%	10.32%	-0.63%	-10.15%	1.01%	38.02%	0.17%	-0.44%
D&A (Non-Cash Add-back)	198.64M	76.9M	66.93M	62.85M	55.84M	40.27M	28.07M	23.95M	35.95M	32.59M
EBIT	-1.64B	-437.64M	-79.48M	54.28M	-18.39M	-443.39M	-19.97M	72.09M	161.49M	29.97M
Net Interest Income+	-177.98M	-146.03M	-5.58M	-4.47M	-16.86M	-20.52M	-12.1M	-14.1M	-17.72M	-14.6M
Interest Income	115K	0	9K	33K	0	0	0	0	0	0
Interest Expense	178.1M	146.03M	5.59M	4.5M	16.86M	20.52M	12.1M	14.1M	17.72M	14.6M
Other Income/Expense	-163.03M	-103.69M	-5.58M	-4.47M	-23.28M	-22.03M	-6.46M	-14M	67.56M	-15.05M
Pretax Income+	-1.81B	123.32M	-85.08M	49.78M	-35.25M	-463.92M	-32.07M	57.99M	143.77M	15.37M
Pretax Margin %	-5.57%	0.16%	-0.38%	0.24%	-0.13%	-2.29%	-0.09%	0.13%	0.47%	0.05%
Income Tax+	-9.64M	-6.39M	0	-443K	-50K	115K	0	111K	-248.98M	2.43M
Effective Tax Rate %	0.99%	0.95%	1%	1%	1%	1%	1%	1%	2.73%	0.84%
Net Income+	-1.8B	116.93M	-85.08M	49.78M	-35.2M	-464.03M	-32.07M	57.88M	392.75M	12.95M
Net Margin %	-5.54%	0.15%	-0.38%	0.24%	-0.13%	-2.3%	-0.09%	0.13%	1.28%	0.04%
Net Income Growth %	-16.37%	1.07%	-1.73%	1.59%	-1.71%	-12.18%	0.93%	2.8%	5.79%	-0.97%
Net Income (Continuing)	-1.8B	-540.4M	-85.08M	49.78M	-35.2M	-464.03M	-32.07M	57.88M	392.75M	12.95M
Discontinued Operations	0	673.96M	0	0	0	0	0	0	0	0
Minority Interest	848K	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-232.62	4.68	-3.39	1.96	-1.20	-12.34	-1.17	1.44	9.63	0.31
EPS Growth %	-24.03%	1.02%	-1.72%	1.58%	-1.61%	-9.28%	0.91%	2.23%	5.69%	-0.97%
EPS (Basic)	-232.62	4.68	-3.39	1.99	-1.20	-12.34	-1.17	1.44	9.63	0.31
Diluted Shares Outstanding	7.73M	24.99M	25.12M	25.34M	29.3M	37.61M	37.96M	38.35M	38.96M	39.66M
Basic Shares Outstanding	7.73M	24.99M	25.12M	24.97M	29.3M	37.61M	37.96M	38.35M	38.96M	39.66M
Dividend Payout Ratio	-	0.11%	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	145.8M	123.89M	106.69M	45.98M	52.59M	56.84M	125.78M	99.24M	98.18M	71.78M
Cash & Short-Term Investments	81.09M	76.84M	68.5M	11.34M	0	10.36M	18.8M	0	20.75M	0
Cash Only	81.09M	76.84M	68.5M	11.34M	0	10.36M	18.8M	0	20.75M	0
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	63.66M	43.73M	35.92M	26.01M	33.15M	30.9M	91.97M	80.45M	39.1M	39.71M
Days Sales Outstanding	71.68	20.1	58.24	46.3	43.9	55.8	97.89	64.05	46.39	49.19
Inventory	0	0	762K	6.94M	0	0	0	0	0	0
Days Inventory Outstanding	-	-	1.94	21.75	-	-	-	-	-	-
Other Current Assets	1.04M	3.33M	2.27M	8.62M	6.2M	0	0	18.79M	38.34M	32.06M
Total Non-Current Assets+	533.37M	637.05M	581.44M	559.52M	824.95M	327.92M	329.32M	360.23M	639.49M	675.3M
Property, Plant & Equipment	523.87M	631.6M	574.46M	553.47M	808.13M	319.75M	323M	346.67M	352.5M	390.76M
Fixed Asset Turnover	0.62x	1.26x	0.39x	0.37x	0.34x	0.63x	1.06x	1.32x	0.87x	0.75x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	0	0	0	791K	4.62M	0	0	0	0	0
Other Non-Current Assets	9.5M	5.46M	6.98M	5.26M	12.2M	8.18M	6.32M	13.57M	33.2M	32.94M
Total Assets+	679.17M	760.94M	688.13M	605.5M	877.54M	384.76M	455.1M	459.48M	737.67M	747.08M
Asset Turnover	0.48x	1.04x	0.33x	0.34x	0.31x	0.53x	0.75x	1.00x	0.42x	0.39x
Asset Growth %	-0.73%	0.12%	-0.1%	-0.12%	0.45%	-0.56%	0.18%	0.01%	0.61%	0.01%
Total Current Liabilities+	1.98B	56.25M	57.82M	32.03M	61.09M	56.86M	165.16M	139.85M	96.43M	68.14M
Accounts Payable	1.9M	2.52M	11.55M	6.51M	8.31M	798K	33.82M	38.41M	23.62M	13.23M
Days Payables Outstanding	2.35	5.41	29.34	20.4	15.3	1.6	72.5	75.9	45.75	262.08
Short-Term Debt	1.89B	8.93M	0	0	0	0	0	0	0	0
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	0	0	0	0	0	0
Other Current Liabilities	83.3M	38.75M	39M	5.7M	876K	11.25M	54.16M	22.71M	33.46M	1.38M
Current Ratio	0.07x	2.20x	1.85x	1.44x	0.86x	1.00x	0.76x	0.71x	1.02x	1.05x
Quick Ratio	0.07x	2.20x	1.83x	1.22x	0.86x	1.00x	0.76x	0.71x	1.02x	1.05x
Cash Conversion Cycle	-	-	30.83	47.64	-	-	-	-	-	-
Total Non-Current Liabilities+	20.67M	142.87M	144.72M	31.79M	382.24M	361.63M	354.78M	324.19M	250.21M	270.03M
Long-Term Debt	0	128.06M	128.06M	23.06M	285M	260.52M	230M	190M	115M	127M
Capital Lease Obligations	0	0	0	0	2.72M	266K	2.02M	6.57M	5.09M	3.68M
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	20.67M	14.81M	16.66M	8.73M	94.52M	100.85M	122.76M	127.62M	130.12M	139.34M
Total Liabilities	2.01B	199.13M	202.54M	63.82M	443.33M	418.5M	519.94M	464.04M	346.64M	338.16M
Total Debt+	1.9B	128.06M	128.06M	23.06M	289.43M	263.04M	232.79M	197.97M	121.83M	132.47M
Net Debt	1.82B	51.22M	59.56M	11.72M	289.43M	252.68M	214M	197.97M	101.08M	132.47M
Debt / Equity	-	0.23x	0.26x	0.04x	0.67x	-	-	-	0.31x	0.32x
Debt / EBITDA	-	0.38x	-	0.20x	6.60x	-	94.67x	2.06x	1.09x	2.10x
Net Debt / EBITDA	-	0.15x	-	0.10x	6.60x	-	87.03x	2.06x	0.90x	2.10x
Interest Coverage	-9.23x	1.79x	-14.22x	12.06x	-0.71x	-21.53x	-2.12x	5.11x	4.30x	2.08x
Total Equity+	-1.33B	561.81M	485.59M	541.68M	434.21M	-33.74M	-64.84M	-4.57M	391.04M	408.91M
Equity Growth %	-3.8%	1.42%	-0.14%	0.12%	-0.2%	-1.08%	-0.92%	0.93%	86.66%	0.05%
Book Value per Share	-171.53	22.48	19.33	21.38	14.82	-0.90	-1.71	-0.12	10.04	10.31
Total Shareholders' Equity	-1.33B	561.81M	485.59M	541.68M	434.21M	-33.74M	-64.84M	-4.57M	391.04M	408.91M
Common Stock	110K	250K	253K	255K	209K	378K	382K	386K	393K	399K
Retained Earnings	-2.21B	9.93M	-75.15M	-25.36M	4.81M	-463.01M	-495.08M	-437.2M	-44.45M	-31.47M
Treasury Stock	-3.08M	0	-1.6M	-2.46M	0	0	0	0	0	0
Accumulated OCI	-3.16B	-12.97M	-204.42M	-266.2M	0	0	0	0	0	0
Minority Interest	848K	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	213.38M	85.64M	119.6M	107.16M	47.28M	74.33M	62.97M	64.48M	141.59M	51.29M
Operating CF Margin %	0.66%	0.11%	0.53%	0.52%	0.17%	0.37%	0.18%	0.14%	0.46%	0.17%
Operating CF Growth %	-0.4%	-0.6%	0.4%	-0.1%	-0.56%	0.57%	-0.15%	0.02%	1.2%	-0.64%
Net Income	-1.8B	1.32B	-85.08M	49.78M	-35.2M	-464.03M	-32.07M	57.88M	392.75M	12.95M
Depreciation & Amortization	198.64M	76.9M	65.83M	62M	61.4M	526.68M	28.07M	23.95M	0	41.02M
Stock-Based Compensation	4.41M	7.53M	9.2M	5.41M	0	-112K	1.05M	2.96M	5.28M	6.8M
Deferred Taxes	-9.64M	-9.64M	121.64M	-3.56M	0	0	-28.07M	0	-253.8M	2.2M
Other Non-Cash Items	1.79B	-1.24B	8.38M	-6.01M	20.13M	12.65M	81.6M	-35.12M	-11.16M	20.6M
Working Capital Changes	25.89M	67.52M	-366K	-475K	949K	-858K	12.39M	14.81M	8.52M	-32.27M
Change in Receivables	26.44M	17.68M	2.77M	8.69M	10.7M	1.95M	-61.17M	2.81M	41.26M	-697K
Change in Inventory	2.54M	1.84B	-5.33M	-7.35M	0	0	-73.66M	0	0	0
Change in Payables	-4.18M	242K	2.96M	-1.78M	-13.59M	0	73.66M	0	0	0
Cash from Investing+	-294.56M	-156.65M	-125.96M	-57.95M	35.31M	-35.89M	-29.43M	-41.52M	-38.6M	-82.03M
Capital Expenditures	-336.92M	-156.65M	-130.2M	-112.4M	-73.79M	-35.89M	-29.83M	-34.82M	-31.38M	-72.23M
CapEx % of Revenue	1.04%	0.2%	0.58%	0.55%	0.27%	0.18%	0.09%	0.08%	0.1%	0.25%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	42.37M	49.11M	4.24M	54.45M	10K	0	404K	-6.7M	-7.22M	-9.81M
Cash from Financing+	150.71M	66.76M	-1.98M	-106.36M	-132.3M	-28.4M	-25.11M	-41.76M	-82.24M	9.99M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-162.92M	-13.29M	0	0	-15.89M	-3.79M	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-38.65M	446.24M	-1.97M	0	-429K	-80K	-25K	-1.2M	-4.81M	-136K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-123.54M	-71.01M	-10.6M	-5.24M	-26.51M	38.44M	33.14M	29.66M	110.21M	-20.93M
FCF Margin %	-0.38%	-0.09%	-0.05%	-0.03%	-0.1%	0.19%	0.1%	0.06%	0.36%	-0.07%
FCF Growth %	0.4%	0.43%	0.85%	0.51%	-4.06%	2.45%	-0.14%	-0.1%	2.72%	-1.19%
FCF per Share	-15.99	-2.84	-0.42	-0.21	-0.90	1.02	0.87	0.77	2.83	-0.53
FCF Conversion (FCF/Net Income)	-0.12x	0.73x	-1.41x	2.15x	-1.34x	-0.16x	-1.96x	1.11x	0.36x	3.96x
Interest Paid	0	0	0	0	0	10.33M	0	11.21M	10.99M	11.71M
Taxes Paid	0	0	0	0	0	0	0	93K	5.77M	1.19M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	20.81%	-16.25%	9.69%	-7.21%	-231.74%	-	-	203.25%	3.24%
Return on Invested Capital (ROIC)	-91.66%	35.34%	-10.3%	7.41%	-1.41%	-70.32%	-10.44%	31.52%	16.68%	4.42%
Gross Margin	8.8%	78.57%	36.19%	43.21%	28.06%	10.2%	50.35%	59.7%	38.75%	93.75%
Net Margin	-554.37%	14.72%	-37.8%	24.28%	-12.77%	-229.55%	-9.35%	12.62%	127.68%	4.39%
Debt / Equity	-	0.23x	0.26x	0.04x	0.67x	-	-	-	0.31x	0.32x
Interest Coverage	-9.23x	1.79x	-14.22x	12.06x	-0.71x	-21.53x	-2.12x	5.11x	4.30x	2.08x
FCF Conversion	-0.12x	0.73x	-1.41x	2.15x	-1.34x	-0.16x	-1.96x	1.11x	0.36x	3.96x
Revenue Growth	-50.51%	144.98%	-71.66%	-8.89%	34.37%	-26.65%	69.64%	33.69%	-32.91%	-4.2%

Revenue by Segment

	2018	2019	2020	2021	2022	2023	2024
Oil and Gas	-	-	-	-	-	-	282.99M
Oil and Gas Growth	-	-	-	-	-	-	-
Product and Service, Other	-	-	-	-	-	-	11.69M
Product and Service, Other Growth	-	-	-	-	-	-	-
Oil and Natural Gas Sales	-	-	-	335.78M	407.76M	288.27M	-
Oil and Natural Gas Sales Growth	-	-	-	-	21.44%	-29.30%	-
Other Revenues	-	-	-	7.14M	50.7M	19.32M	-
Other Revenues Growth	-	-	-	-	610.31%	-61.88%	-
Oil And Gas	-	274.61M	200.89M	-	-	-	-
Oil And Gas Growth	-	-	-26.85%	-	-	-	-
Product And Service Other	304K	968K	1.26M	-	-	-	-
Product And Service Other Growth	-	218.42%	29.75%	-	-	-	-

Frequently Asked Questions

Valuation & Price

Amplify Energy Corp. (AMPY) has a price-to-earnings (P/E) ratio of 15.5x. This is roughly in line with market averages.

Growth & Financials

Amplify Energy Corp. (AMPY) reported $275.8M in revenue for fiscal year 2024. This represents a 29% increase from $214.3M in 2011.

Amplify Energy Corp. (AMPY) saw revenue decline by 4.2% over the past year.

Amplify Energy Corp. (AMPY) reported a net loss of $27.9M for fiscal year 2024.

Dividend & Returns

Amplify Energy Corp. (AMPY) has a return on equity (ROE) of 3.2%. This is below average, suggesting room for improvement.

Amplify Energy Corp. (AMPY) had negative free cash flow of $23.3M in fiscal year 2024, likely due to heavy capital investments.

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