Why Amplify Energy Corp. (AMPY) Fell So Much This Week

By Sultan Khalid | May 21, 2025, 2:57 AM

The share price of Amplify Energy Corp. (NYSE:AMPY) fell by 16.82% between May 13 and May 20, 2025, putting it among the Energy Stocks that Lost the Most This Week. Let’s shed some light on the development.

Why Amplify Energy Corp. (AMPY) Fell So Much This Week
An oil rig in the midst of extracting oil and natural gas from the earth, illuminated by the setting sun.

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) reported weaker-than-expected results for its Q1 2025 last week, posting an EPS of $0.1 and falling short of expectations by $0.06. The company’s revenue of approximately $72 million also fell below estimates by just over $1.8 million, besides being down by 5.57% YoY. AMPY posted a net loss of $5.9 million during the quarter, and its average daily production of 17.9 MBoe/d was also down by 3.2% QoQ. Moreover, the company reported a negative free cash flow of $7.2 million in Q1 2025 against a positive FCF of $2.9 million in the previous quarter. The slight decline in crude oil price over the last week may have also affected the company’s share price.

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Disclosure: None.

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