Amplify Energy (AMPY) Reports Q2 Loss, Tops Revenue Estimates

Company Performance - Amplify Energy reported a quarterly loss of $0.1 per share, missing the Zacks Consensus Estimate of $0.02, and a decline from earnings of $0.17 per share a year ago, resulting in an earnings surprise of -600.00% [1] - The company posted revenues of $68.36 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 5.69%, but down from $79.5 million year-over-year [2] - Over the last four quarters, Amplify Energy has surpassed consensus EPS estimates only once and topped consensus revenue estimates just once [2] Stock Performance - Amplify Energy shares have declined approximately 36.7% since the beginning of the year, contrasting with the S&P 500's gain of 7.1% [3] - The current consensus EPS estimate for the upcoming quarter is $0.09 on revenues of $72.08 million, and for the current fiscal year, it is $0.14 on revenues of $285.8 million [7] Industry Outlook - The Oil and Gas - Exploration and Production - United States industry is currently ranked in the bottom 27% of over 250 Zacks industries, indicating a challenging environment for companies in this sector [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Amplify Energy's stock performance [5]