When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
AMPY - Bull Case Solidifies Further For Amplify Energy
Amplify Energy Corp.
Amplify appears very attractive as a function of rising energy prices and over-discounted spill costs.
Newsflow should continue to be positive as FCF increases against current strip pricing and the Beta Field reopens.
Spill costs may be relatively small and in part covered by insurance or third-party shipping companies.
On what appear to be realistic assumptions it appears that the company could rise to a multiple of current levels, even if energy prices soften materially.