Amplify Energy (AMPY) Fell This Week. Here is Why

The share price of Amplify Energy Corp. (NYSE:AMPY) fell by 2.29% between July 22 and July 29, 2025, putting it among the Energy Stocks that Lost the Most This Week.

Amplify Energy Corp. (NYSE:AMPY) is an independent oil and natural gas company engaged in the acquisition, development, exploitation, and production of oil and natural gas properties.

Amplify Energy Corp. (NYSE:AMPY) surged by over 20% earlier this month after the company announced significant changes to its executive leadership team, with Dan Furbee getting appointed as the new CEO and Jim Frew as President and CFO.

Moreover, Amplify announced the launch of several strategic initiatives, including hiring TenOaks Energy Advisors to explore market interest for the complete divestiture of its assets in East Texas and Oklahoma. The company is targeting to become more oil-weighted, reduce debt, lower operating costs, and streamline its organization.

So the recent decline in share price could be due to profit-taking by investors.

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Disclosure: None.