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Amplify Energy

DB:2OQ
Snowflake Description

Fair value unattractive dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
2OQ
DB
$35M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Amplify Energy Corp. engages in the acquisition, development, exploitation, and production of oil and natural gas properties in the United States. The last earnings update was 34 days ago. More info.


Add to Portfolio Compare Print
  • Amplify Energy has significant price volatility in the past 3 months.
2OQ Share Price and Events
7 Day Returns
46%
DB:2OQ
8.7%
DE Oil and Gas
4.3%
DE Market
1 Year Returns
-
DB:2OQ
34.4%
DE Oil and Gas
-14.2%
DE Market
2OQ Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Amplify Energy (2OQ) 46% -38.9% -87.2% - - -
DE Oil and Gas 8.7% -2.8% -19.4% 34.4% -14.7% 157%
DE Market 4.3% -9% -21.6% -14.2% -19.6% -25.6%
1 Year Return vs Industry and Market
  • No trading data on 2OQ.
  • No trading data on 2OQ.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Amplify Energy undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Amplify Energy to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Amplify Energy.

DB:2OQ Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-12-31) in USD $ .400000
Payout Ratio Company Filings (2019-12-31) -96.1%
Discount Rate (Cost of Equity) See below 10.5%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:2OQ
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.95
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.948 (1 + (1- 21%) (828.46%))
5.121
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (2 * 5.44%)
10.49%

Discounted Cash Flow Calculation for DB:2OQ using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Amplify Energy is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

DB:2OQ Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= $0.4 / (10.49% - -0.39%)
$1.67
DB:2OQ Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:2OQ represents 0.8871x of NYSE:AMPY
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.8871x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 2.12 x 0.8871
€1.88
Value per share (EUR) From above. €1.88
Current discount Discount to share price of €0.83
= -1 x (€0.83 - €1.88) / €1.88
56.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Amplify Energy is available for.
Intrinsic value
>50%
Share price is €0.83 vs Future cash flow value of €1.88
Current Discount Checks
For Amplify Energy to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Amplify Energy's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Amplify Energy's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Amplify Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Amplify Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:2OQ PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $-1.20
NYSE:AMPY Share Price ** NYSE (2020-04-07) in USD $0.93
Europe Oil and Gas Industry PE Ratio Median Figure of 104 Publicly-Listed Oil and Gas Companies 6.5x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 17.07x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Amplify Energy.

DB:2OQ PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:AMPY Share Price ÷ EPS (both in USD)

= 0.93 ÷ -1.20

-0.77x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Amplify Energy is loss making, we can't compare its value to the Europe Oil and Gas industry average.
  • Amplify Energy is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Amplify Energy's expected growth come at a high price?
Raw Data
DB:2OQ PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.77x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
8.3%per year
Europe Oil and Gas Industry PEG Ratio Median Figure of 66 Publicly-Listed Oil and Gas Companies 0.32x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.24x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Amplify Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Amplify Energy's assets?
Raw Data
DB:2OQ PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $11.56
NYSE:AMPY Share Price * NYSE (2020-04-07) in USD $0.93
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 1.01x
Germany Market PB Ratio Median Figure of 573 Publicly-Listed Companies 1.47x
DB:2OQ PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:AMPY Share Price ÷ Book Value per Share (both in USD)

= 0.93 ÷ 11.56

0.08x

* Primary Listing of Amplify Energy.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Amplify Energy is good value based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess Amplify Energy's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Amplify Energy has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Amplify Energy expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
8.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Amplify Energy expected to grow at an attractive rate?
  • Unable to compare Amplify Energy's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Amplify Energy's earnings growth to the Germany market average as it is expected to be loss making during the next 1-3 years.
  • Amplify Energy's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:2OQ Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:2OQ Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 8.3%
DB:2OQ Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts -11.5%
Europe Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 13.8%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 1.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:2OQ Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:2OQ Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 221 41 -31 1
2020-12-31 215 63 -16 1
DB:2OQ Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 276 47 -35
2019-09-30 273 51 69
2019-06-30 286 91 61
2019-03-31 317 110 17
2018-12-31 340 142 52
2018-09-30 352 161 -106
2018-06-30 342 158 -111
2018-03-31 321 137 -70
2017-12-31 315 220 -90
2017-09-30 309 385 -330
2017-06-30 307 399 -356
2017-03-31 305 457 -519

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Amplify Energy is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Amplify Energy's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:2OQ Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Amplify Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:2OQ Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 -0.82 -0.82 -0.82 1.00
2020-12-31 -0.42 -0.42 -0.42 1.00
DB:2OQ Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 -1.20
2019-09-30 2.69
2019-06-30 2.61
2019-03-31 0.72
2018-12-31 2.09
2018-09-30 -2.35
2018-06-30 -2.46
2018-03-31 -2.31
2017-12-31 -1.99
2017-09-30 -8.32
2017-06-30 -6.54
2017-03-31 -6.21

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Amplify Energy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Amplify Energy's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Amplify Energy has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Amplify Energy performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Amplify Energy's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Amplify Energy does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Amplify Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Amplify Energy's 1-year growth to the Europe Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Amplify Energy's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Amplify Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:2OQ Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 275.58 -35.20 30.74
2019-09-30 273.35 69.14 38.41
2019-06-30 285.91 61.39 32.61
2019-03-31 317.37 17.47 36.96
2018-12-31 340.14 52.18 38.48
2018-09-30 351.94 -105.90 41.03
2018-06-30 342.00 -110.84 43.49
2018-03-31 321.23 -70.09 47.65
2017-12-31 314.68 -89.70 60.56
2017-09-30 308.61 -330.33 54.78
2017-06-30 307.24 -355.66 56.12
2017-03-31 305.09 -518.56 54.82
2016-12-31 284.58 -540.23 62.61
2016-09-30 282.26 -145.47 53.71
2016-06-30 296.12 -304.54 57.54
2016-03-31 326.20 -270.98 57.32
2015-12-31 358.15 -393.37 57.06
2015-09-30 417.73 -303.17 60.44
2015-06-30 495.91 -8.31 55.59
2015-03-31 541.98 -8.57 51.96
2014-12-31 566.04 117.75 47.51
2014-09-30 519.45 -34.50 37.30
2014-06-30 446.43 -180.72 30.79
2014-03-31 392.40 -20.47 33.62
2013-12-31 394.52 8.68 35.44
2013-09-30 384.18 2.63 42.29
2013-06-30 333.75 20.62 41.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Amplify Energy has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Amplify Energy has efficiently used its assets last year compared to the Europe Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Amplify Energy improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Amplify Energy's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Amplify Energy has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Amplify Energy's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Amplify Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Amplify Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Amplify Energy's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Amplify Energy's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Amplify Energy Company Filings, last reported 3 months ago.

DB:2OQ Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 434.21 285.00
2019-09-30 480.05 278.00 7.41
2019-06-30 405.09 175.00 18.70
2019-03-31 385.50 270.00 24.88
2018-12-31 416.56 294.00 49.70
2018-09-30 371.58 294.00 11.86
2018-06-30 372.90 314.00 7.59
2018-03-31 398.14 347.00 5.72
2017-12-31 393.93 376.00 6.39
2017-09-30 383.23 403.00 14.86
2017-06-30 389.75 418.00 10.95
2017-03-31 84.18 454.80 80.02
2016-12-31 99.49 1,622.90 15.37
2016-09-30 420.53 1,798.90 15.85
2016-06-30 454.24 1,824.60
2016-03-31 601.57 1,957.98 0.84
2015-12-31 645.49 2,000.58 0.60
2015-09-30 597.63 1,878.26 0.53
2015-06-30 841.22 1,823.65 0.16
2015-03-31 1,015.91 1,754.05 1.07
2014-12-31 1,296.31 1,574.15 0.97
2014-09-30 976.43 1,483.80 0.58
2014-06-30 368.78 1,148.81 0.35
2014-03-31 513.08 988.44 1.74
2013-12-31 579.62 792.07 13.14
2013-09-30 432.53 492.72 3.36
2013-06-30 497.32 436.65 6.20
  • Amplify Energy's level of debt (65.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (121.9% vs 65.6% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Amplify Energy has less than a year of cash runway based on current free cash flow.
  • Amplify Energy has less than a year of cash runway if free cash flow continues to reduce at historical rates of -46.7% each year.
X
Financial health checks
We assess Amplify Energy's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Amplify Energy has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Amplify Energy's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
43.01%
Current annual income from Amplify Energy dividends.
If you bought €2,000 of Amplify Energy shares you are expected to receive €860 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Amplify Energy's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.63%).
  • Amplify Energy's dividend is above the markets top 25% of dividend payers in Germany (4.61%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:2OQ Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 68 Stocks 8.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 314 Stocks 3.6%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.6%
Germany Top 25% Dividend Yield 75th Percentile 4.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:2OQ Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
DB:2OQ Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2020-03-05 0.400 52.880

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • It is too early to tell whether Amplify Energy has stable dividend payments.
  • Amplify Energy only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of Amplify Energy's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Amplify Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Amplify Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Amplify Energy has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Amplify Energy's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Martyn Willsher
COMPENSATION $889,617
AGE 39
TENURE AS CEO 0 years
CEO Bio

Mr. Martyn A. Willsher has been Chief Financial Officer at Amplify Energy Corp. since April 27, 2018 and its Interim Chief Executive Officer since April 3, 2020. Mr. Willsher served as Vice President and Treasurer at Amplify Energy Corp. since May 4, 2017 until April 27, 2018 and its Senior Vice President since April 27, 2018 until April 3, 2020. Mr. Willsher served as Treasurer of Memorial Production Partners GP LLC, General Partner of Memorial Production Partners LP (now, Amplify Energy Corp.) from July 2014 to May 2017. From March 2012 to July 2014, he served as Director of Strategic Planning for Memorial Resource Development LLC. Prior to joining its predecessor, he served as Manager of Financial Analysis of The Southern Company (f.k.a. AGL Resources Inc.) from September 2009 to March 2012. Prior to joining The Southern Company, Mr. Willsher worked in acquisition and divestiture roles for Exelon Corporation (f.k.a. Constellation Energy Group) and J.M. Huber Corp., as well as financial consulting roles for FTI Consulting and PricewaterhouseCoopers LLP. Mr. Willsher received his Master of Business Administration from The University of Texas at Austin and his Bachelor of Business Administration in Finance from Texas A&M University.

CEO Compensation
  • Martyn's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Martyn's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Amplify Energy management team in years:

1.7
Average Tenure
50
Average Age
  • The average tenure for the Amplify Energy management team is less than 2 years, this suggests a new team.
Management Team

Martyn Willsher

TITLE
CFO & Interim CEO
COMPENSATION
$890K
AGE
39

Richard Smiley

TITLE
Senior Vice President of Operations
COMPENSATION
$850K
AGE
60
TENURE
2.9 yrs

Eric Willis

TITLE
Senior VP of Land & General Counsel
COMPENSATION
$997K
AGE
40
TENURE
2.3 yrs

Denise DuBard

TITLE
VP & Chief Accounting Officer
AGE
61
TENURE
1.7 yrs

Jason Moore

TITLE
Vice President of Human Resources & Administration
TENURE
0.7 yrs

Ronnetta Eaton

TITLE
Manager of Investor Relations

Tony Lopez

TITLE
Senior Vice President of Engineering & Exploitation
TENURE
0.7 yrs

Eric Chang

TITLE
Treasurer
Board of Directors Tenure

Average tenure and age of the Amplify Energy board of directors in years:

1.1
Average Tenure
46
Average Age
  • The average tenure for the Amplify Energy board of directors is less than 3 years, this suggests a new board.
Board of Directors

David Proman

TITLE
Independent Chairman
AGE
38
TENURE
2.9 yrs

Chris Hamm

TITLE
Lead Director
COMPENSATION
$150K
AGE
50

Scott Hoffman

TITLE
Independent Director
AGE
42
TENURE
1.1 yrs

Todd Snyder

TITLE
Director
AGE
57
TENURE
0.7 yrs

Evan Lederman

TITLE
Independent Director
AGE
39
TENURE
2.9 yrs

Randal Klein

TITLE
Director
AGE
54
TENURE
0.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
16. Mar 20 Sell Brigade Capital Management, LP Company 12. Mar 20 12. Mar 20 -43,112 €0.98 €-42,077
18. Dec 19 Sell Christopher Hamm Individual 17. Dec 19 17. Dec 19 -1,304 €6.12 €-7,980
26. Nov 19 Sell Fir Tree Capital Management LP Company 22. Nov 19 22. Nov 19 -496,817 €4.87 €-2,419,258
26. Nov 19 Sell Brigade Capital Management, LP Company 22. Nov 19 22. Nov 19 -500,000 €4.87 €-2,434,758
12. Nov 19 Sell Brigade Capital Management, LP Company 08. Nov 19 11. Nov 19 -35,276 €5.99 €-210,030
24. Sep 19 Sell Christopher Hamm Individual 23. Sep 19 23. Sep 19 -4,316 €6.01 €-25,959
X
Management checks
We assess Amplify Energy's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Amplify Energy has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Amplify 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 South Texas. As of December 31, 2019, it had total estimated proved reserves of approximately 163.0 million barrels of oil equivalent; and 2,643 gross wells. Amplify Energy Corp. was founded in 2011 and is based in Houston, Texas.

Details
Name: Amplify Energy Corp.
2OQ
Exchange: DB
Founded: 2011
$32,078,251
37,565,610
Website: http://www.amplifyenergy.com
Address: Amplify Energy Corp.
500 Dallas Street,
Suite 1700,
Houston,
Texas, 77002,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE AMPY Common Stock New York Stock Exchange US USD 07. Aug 2019
DB 2OQ Common Stock Deutsche Boerse AG DE EUR 07. Aug 2019
Number of employees
Current staff
Staff numbers
230
Amplify Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/08 03:12
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2020/03/20
Last earnings filing: 2020/03/05
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.