AMPY - Amplify Energy Corp. Looks to Continue to Trade Above its Annual-High Share Price Today
Amplify Energy Corp. (NYSE:AMPY) traded at a new 52-week high today of $5.75. This new high was reached on approximately average trading volume as 496,000 shares traded hands, while the average 30-day volume is approximately 386,000 shares.
Amplify Energy Corp is an independent oil and natural gas company engaged in the acquisition, development, exploitation and production of oil and natural gas properties in the United States. Its properties consist of mature, legacy oil and natural gas fields. The assets primarily consist of producing oil and natural gas properties located in Oklahoma, the Rockies, federal waters offshore Southern California, East Texas/North Louisiana, and Eagle Ford.
In the past 52 weeks, shares of Amplify Energy Corp. have traded between a low of $0.62 and a high of $5.75 and is now at $5.67, which is 814% above that low price.
Potential upside of 291.7% exists for Amplify Energy Corp., based on a current level of $5.67 and analysts' average consensus price target of $22.21.
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