Amplify Energy: Q3 Earnings Snapshot
News > Business News
Audio By Carbonatix
2:26 PM on Wednesday, November 6, 2024
The Associated Press
HOUSTON (AP) — HOUSTON (AP) — Amplify Energy Corp. (AMPY) on Wednesday reported third-quarter net income of $22.7 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Houston-based company said it had net income of 54 cents.
The oil and gas company posted revenue of $69.9 million in the period.
Amplify Energy shares have increased 21% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $7.18, a rise of 9% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMPY at https://www.zacks.com/ap/AMPY