Amplify Energy (AMPY) Gained Over 15% This Week. Here is Why.

Sultan Khalid

Fri, Jun 6, 2025, 12:24 PM 2 min read

The share price of Amplify Energy Corp. (NYSE:AMPY) surged by 15.66% between May 29 and June 5, 2025, putting it among the Energy Stocks that Gained the Most This Week. Let’s shed some light on the development.

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) fell by over 16% last month after posting lower-than-expected results in its Q1 2025, falling below estimates in both earnings and revenue. The company posted a net loss of $5.9 million during the quarter, and its average daily production of 17.9 MBoe/d also declined by 3.2% QoQ. Additionally, Amplify reported a negative free cash flow of $7.2 million in Q1 2025, against generating $2.9 million in free cash flow in the previous quarter. So the recent uptick in prices could be due to investors perceiving the stock as undervalued and picking it up at a lower price. Moreover, the 3.8% surge in the WTI crude oil price over the last week also seems to have eased the pressure on AMPY.

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Disclosure: None.