How to Buy Amplify Energy Stock
Amplify Energy Corp
Amplify Energy Corp. is an independent oil and natural gas company, which engages in acquisition, development, exploration and production of oil and natural gas properties.
Amplify Energy stock last closed at $7.29, down 0.55% from the previous day, and has increased 6.11% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.16 percentage points. Amplify Energy stock is currently +104.78% from its 52-week low of $3.56, and -11.21% from its 52-week high of $8.21.
At the moment, there are 39.47M AMPY shares outstanding. The market cap of AMPY is $287.74M. In the past 24 hours, 292,563 AMPY shares were traded.
How to Buy Amplify Energy Stock
Not sure how to invest in Amplify Energy stock? Here's how.
- Decide where to buy Amplify Energy stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you figure out where to buy Amplify Energy stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your investment account: Select your method of payment and add your info.
- Analyze Amplify Energy stock: The Amplify Energy ticker symbol is AMPY. Is Amplify Energy stock a good investment? Should you buy shares of AMPY? How do AMPY's underlying business fundamentals look? Do top analysts think Amplify Energy is a good buy? Why has AMPY's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if AMPY is a good stock to buy).
- Place your AMPY trade: Decide if you will purchase AMPY shares at the current market price or use a limit order to purchase AMPY stock at a specific price.
- Monitor your AMPY investment: Create a watchlist to important notifications about your position in Amplify Energy shares.
Step 1: Decide where to buy Amplify Energy stock
You will need a brokerage account to access the NYSE market and buy AMPY shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the right brokerage, you'll need to fill out some personal info so you are able to invest in AMPY stock today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to create a new trading account.
- Submit your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've finished signing up on investing apps, you can securely and quickly fund your account:
Check out the tutorial below to see the process of depositing money into your new brokerage account.
Step 4: Analyze Amplify Energy stock
Once you have figured out the best place to buy Amplify Energy stock, it's crucial to analyze their stock before you invest, so you actually comprehend the risk and opportunity.
Amplify Energy shares quick numbers
Fundamentals of Amplify Energy
WallStreetZen was created to help part-time investors perform more accurate fundamental analysis quickly.
You can view all of the due diligence checks on AMPY's stock page.
Is AMPY stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge AMPY's true value.
Using relative valuations methods:
- AMPY could be undervalued based on its P/E ratio of 0.76x, relative to Oil & Gas E&P industry P/E ratio of 15.49x
- AMPY may be undervalued based on its P/B ratio of 0.74x, relative to Oil & Gas E&P industry P/B ratio of 2.17x
- AMPY may be undervalued based on its PEG ratio of 0.03x
You can do additional valuation research on AMPY's stock here.
A quick look at AMPY Financials
Signs that AMPY is financially healthy:
- AMPY earnings of $161.49M is not enough to cover its interest payments.
- Total AMPY debt is lower than 5 years ago, relative to shareholder equity.
- AMPY profit margin has gone up from 12% to 122% in the past year.
- There are more short-term assets than short-term liabilities on the AMPY balance sheet.
- AMPY's operating cash flow of $141.59M allows it to safely service it's debt of $120.09M.
Signs that AMPY is not financially healthy:
- There are more long-term liabilities than short-term assets on the AMPY balance sheet.
- AMPY has a relatively high debt to equity ratio of 0.89.
Do analysts think it's a good time to buy AMPY stock
Out of 2 Wall Street analysts who track AMPY, the consensus analyst rating on AMPY is a Strong Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Amplify Energy stock forecast page.
AMPY Momentum
Is AMPY Growing Revenue?
Last year, AMPY earnings were $375.15M. During the last five year, AMPY's earnings have gone up by 35.74% per year. This was faster than the Oil & Gas E&P industry average of 12.91%.
Last year, AMPY revenue was $307.60M. Over the past 5 year, AMPY's revenue has grown by -1.99% per year. This was slower than the Oil & Gas E&P industry average of 19.16%.
Find out more about AMPY's earnings and revenue performance here.
Who is buying/selling AMPY?
Over the last year, insiders at AMPY have sold more shares than they have bought.
Anthony William Lopez, SVP ENGINEERING EXPLOITATION of AMPY, was the latest AMPY insider to sell. They sold $22,826.65 worth of AMPY shares on Mar 16, 2024.
Get more info about who owns AMPY shares here.
Can I rely on AMPY as an income stream?
No, Amplify Energy doesn't provide an income stream by paying out dividends.
AMPY Social Trading Data
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Place your AMPY trade
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually fine for most investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact price limit, use a limit order.
Hit the Open Trade button and your broker will execute the order.
If you require more info about investing in stocks on eToro, click the helpful video below:
Step 6: Monitor your AMPY investment
Now that you own some AMPY shares, you'll want to stay up-to-date on your new company.
Put AMPY on a watchlist to see the latest developments about your AMPY stock.
AMPY Feed
How to Buy Stock in Amplify Energy
To summarize, here are the 6 steps for buying Amplify Energy stock:
- Decide where to buy Amplify Energy stock
- Sign up for a brokerage account
- Fund your investment account
- Analyze Amplify Energy stock
- Place your AMPY trade
- Monitor your AMPY investment
If you are looking for a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get updates on your new investment in Amplify Energy, add AMPY to your watchlist below.
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