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Amplify Energy ( (AMPY) ) has shared an announcement.
On May 16, 2025, Amplify Energy Corp. entered into a Cooperation Agreement with Clint Coghill and his affiliates, which led to Coghill’s appointment as an independent director and Lead Independent Director of the Board. This strategic move aims to leverage Coghill’s business and financial expertise to enhance shareholder value and strengthen the company’s governance. The agreement includes various provisions such as Coghill’s inclusion in the slate of nominees for the 2025 Annual Meeting and mutual non-disparagement obligations between the parties. This development is expected to positively impact Amplify Energy’s operations and industry positioning.
The most recent analyst rating on (AMPY) stock is a Buy with a $9.50 price target. To see the full list of analyst forecasts on Amplify Energy stock, see the AMPY Stock Forecast page.
Spark’s Take on AMPY Stock
According to Spark, TipRanks’ AI Analyst, AMPY is a Neutral.
Amplify Energy’s overall stock score reflects challenging financial performance with declining revenues and cash flow issues, despite a strong gross profit margin. The stock’s technical indicators show a downward trend, adding pressure. The valuation is moderate, and strategic initiatives from the earnings call, particularly the merger with Juniper Capital, initially provided a positive outlook, but the subsequent termination of the merger presents a significant setback.
To see Spark’s full report on AMPY stock, click here.
More about Amplify Energy
Amplify Energy Corp. is an independent oil and natural gas company focused on the acquisition, development, exploitation, and production of oil and natural gas properties. Its operations are concentrated in Oklahoma, the Rockies (Bairoil), federal waters offshore Southern California (Beta), East Texas / North Louisiana, and the Eagle Ford (Non-op).
Average Trading Volume: 873,813
Technical Sentiment Signal: Sell
Current Market Cap: $117.4M
For an in-depth examination of AMPY stock, go to TipRanks’ Stock Analysis page.