Investors, Analysts, and Energy Industry Professionals Can Register to Attend at www.enercomdenver.com DENVER, July 29, 2024 /PRNewswire/ -- EnerCom, Inc. is pleased to announce that institutional investors, portfolio managers, financial analysts, CIOs and other investment industry professionals registered for EnerCom Denver – The Energy Investment Conference can now request One-on-One meetings with senior management teams of participating companies (listed below). The energy investment community and indust ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at ...

Price-to-earnings (P/E), given its inherent simplicity, is the most commonly used metric in the value-investing world. It is preferred by many investors while handpicking stocks trading at a bargain. However, even this straightforward, broadly used valuation metric has a few downsides.While P/E enjoys great popularity among value investors, a less-used and more complicated metric called EV-to-EBITDA is sometimes viewed as a better alternative. EV-to-EBITDA gives the true picture of a company’s valuation and ...

HOUSTON, July 24, 2024 (GLOBE NEWSWIRE) -- Amplify Energy Corp. ("Amplify" or the "Company") (NYSE:AMPY) announced today that it will report second quarter 2024 financial and operating results after the U.S. financial markets close on August 7, 2024. Management will host a conference call at 10:00 a.m. CT on August 8, 2024 to discuss the Company's results. Interested parties are invited to participate in the conference call by dialing (800) 245-3047 (Conference ID: AEC2Q24) at least 15 minutes prior to the ...

For those looking to find strong Oils-Energy stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Amplify Energy (AMPY) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Oils-Energy peers, we might be able to answer that question.Amplify Energy is one of 249 companies in the Oils-Energy group. The Oils-Energy group currently sits at #7 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 ...

Core Viewpoint - The article emphasizes the importance of identifying sustainable trends in short-term investing, highlighting that while price momentum can be profitable, it requires strong fundamentals to maintain that momentum. Group 1: Investment Strategy - The "Recent Price Strength" screen is a tool designed to identify stocks with sufficient fundamental strength to sustain their upward price trends [2] - Stocks that pass this screen are typically trading in the upper portion of their 52-week high-low range, indicating bullish sentiment [2] Group 2: Company Analysis - Amplify Energy (AMPY) - Amplify Energy (AMPY) has shown a solid price increase of 0.6% over the past 12 weeks, reflecting investor confidence in its potential [2] - Over the last four weeks, AMPY's price has increased by 26.6%, indicating that the upward trend is still intact [3] - AMPY is currently trading at 81.9% of its 52-week high-low range, suggesting it may be on the verge of a breakout [3] - The stock holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [3] - The Average Broker Recommendation for AMPY is 1 (Strong Buy), indicating strong optimism from the brokerage community regarding its near-term price performance [4] Group 3: Broader Investment Opportunities - In addition to AMPY, there are several other stocks that meet the criteria of the "Recent Price Strength" screen, suggesting additional investment opportunities [4] - The Zacks Rank stock-rating system has a proven track record, with Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [4]

Investors, Analysts, and Energy Industry Professionals Can Register to Attend at www.enercomdenver.com Emerging Energy Technology and Energy Transition Companies are Invited to Present at EnerCom Denver DENVER, July 17, 2024 /PRNewswire/ -- EnerCom, Inc. is pleased to publish presentation times and schedules for participating companies on the conference website for the 29th Annual EnerCom Denver – The Energy Investment Conference, to be held August 18-21, 2024, at the Westin Denver Downtown. The four-day co ...

After reaching an important support level, Amplify Energy Corp. (AMPY) could be a good stock pick from a technical perspective. AMPY recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.Considered an important signifier for a bullish breakout, a golden cross is a technical chart pattern that's formed when a stock's short-term moving average breaks above a longer-term moving average; the most common crossover involves the ...

Core Insights - The article emphasizes the importance of value investing, highlighting the strategy of identifying undervalued companies using fundamental analysis and metrics [1] - Zacks has developed a Style Scores system to categorize stocks, with a focus on those that have high grades in the Value category and strong Zacks Ranks [1] Company Analysis: Amplify Energy (AMPY) - Amplify Energy holds a Zacks Rank of 2 (Buy) and a Value grade of A, indicating strong potential for value investors [2] - The current P/E ratio for AMPY is 4.57, significantly lower than the industry average of 10.16 [2] - AMPY's Forward P/E has fluctuated between 0.68 and 7.08 over the past year, with a median of 4.45 [2] - The P/S ratio for AMPY is 0.9, compared to the industry's average P/S of 2.02, suggesting it is undervalued based on sales [2] Financial Metrics: Amplify Energy (AMPY) - AMPY has a P/CF ratio of 4.21, which is attractive compared to the industry's average P/CF of 7.67 [3] - Over the past 52 weeks, AMPY's P/CF has ranged from 0.50 to 4.67, with a median of 0.61 [3] Company Analysis: Ring Energy (REI) - Ring Energy also holds a Zacks Rank of 2 (Buy) and a Value Score of A, making it another attractive option for value investors [3] - The P/B ratio for Ring Energy is 0.45, significantly lower than the industry's price-to-book ratio of 2.43 [3] - Over the past year, Ring Energy's P/B ratio has varied between 0.31 and 0.64, with a median of 0.46 [3] Conclusion - Both Amplify Energy and Ring Energy are highlighted as impressive value stocks, likely being undervalued in the current market [4]

Shares of Amplify Energy (AMPY) have gained 9.6% over the past four weeks to close the last trading session at $6.76, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $9.83 indicates a potential upside of 45.4%.The average comprises three short-term price targets ranging from a low of $9 to a high of $11, with a standard deviation of $1.04. While the lowest estimate indicates an ...