GET DAILY SIGNALSAmplify Energy (AMPY) Q3 Earnings: Revenue Expected Down -34% After Major Divestitures
Key Takeaways
- Amplify Energy (AMPY) is expected to report third-quarter 2026 results on or around November 4, 2026, with a conference call scheduled for later that day.
- Consensus estimates call for earnings of roughly $0.02 to $0.03 per share on revenue near $43.7 million, reflecting a much smaller revenue base after recent asset sales.
- The revenue outlook implies a year-over-year decline of about 34% from $66.4 million in the third quarter of 2025, driven primarily by divestitures rather than operational weakness.
- Investors will focus on production and costs at the Beta field offshore Southern California, the company's core growth asset, along with progress on debt reduction.
- Amplify has beaten consensus earnings per share (EPS) estimates in only 1 of its last 8 quarters, making this report an important test of execution.
- For additional context on the ticker's Major News, Today's Price Move, Price Targets, and Forecast, visit the dedicated pages for more data and analysis.
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Earnings Context and Why It Matters
Amplify Energy is an independent oil and natural gas producer that has spent the past year remaking itself. In late 2025, the company completed divestitures of its Oklahoma and East Texas assets for roughly $220 million, using the proceeds to pay down debt and refocus its portfolio on the Beta field offshore Southern California and the Bairoil asset in the Rockies. That transformation reshapes nearly every line of the income statement, making the third-quarter report a cleaner read on the remaining business. For investors, the report will clarify whether a slimmer, lower-leverage company can convert a more focused asset base into steadier production, lower costs, and improving cash flow. I also checked this using Tickeron’s AI Screener to see how the stock compares to others in the industry.
Earnings Expectations
Wall Street enters this report with modest expectations. The consensus estimate for the third quarter of 2026 stands at roughly $0.02 to $0.03 per share, with revenue expected near $43.7 million. That revenue figure represents a decline of roughly 34% from the $66.4 million reported in the same period a year earlier, a gap that largely reflects the completed asset divestitures rather than a decline in the health of the core operations.
The prior quarter offers useful context. In the second quarter of 2026, Amplify posted a loss of $0.04 per share, missing the consensus estimate of about $0.08, even as revenue of $52.69 million came in above expectations. With an EPS beat rate of only 1 in the last 8 quarters, analysts and investors will be watching whether the company can clear a relatively low bar this time. From what I see, key metrics beyond the headline figures include average daily production, typically expressed in MBoe/d, realized pricing per barrel of oil equivalent, and lease operating expenses. Progress on the Beta field development program and any update on the balance sheet will also be closely watched.
Market Reaction and Investor Sentiment
Sentiment heading into the report reflects a company in transition. Amplify's shares have been shaped by the portfolio overhaul, and the market has largely been focused on execution of the divestiture program and debt paydown rather than near-term earnings growth. With the revenue base expected to shrink on a year-over-year basis, investors are likely to look past the top-line comparison and concentrate instead on margins, production trends, and free cash flow.
Key risk factors include commodity price volatility, particularly for oil and natural gas, as well as the pace of development at the Beta field. Any unexpected rise in lease operating expenses or a production shortfall could weigh on the post-earnings reaction. Conversely, evidence that the focused portfolio is generating steadier cash flow could support a more constructive view. I’m watching this closely as the numbers come in.
Forward Outlook and Key Factors to Monitor
Following this report, investors should watch how the company's streamlined strategy translates into results. The Beta field is now the central growth story, so updates on drilling activity, production trajectory, and cost per barrel will matter more than the year-over-year revenue comparison, which is distorted by divestitures.
Debt reduction remains another important theme. The asset sales were intended to strengthen the balance sheet, and confirmation of lower leverage and improved liquidity would reinforce the investment case. Investors may also watch realized commodity prices and the effectiveness of any hedging program, since oil and natural gas prices remain a significant swing factor for cash flow.
Finally, the broader energy environment deserves attention. Fluctuations in crude oil and natural gas prices, influenced by supply decisions and global demand, will continue to shape Amplify's results. A disciplined capital program and steady cost control could help the company weather that volatility while it works to grow production from its core assets.
Exploring AI Tools for Earnings Analysis
In preparing for reports like this one, I often turn to Tickeron’s AI Screener to quickly filter for comparable names and spot patterns in fundamentals or technicals. It has become a regular part of my process when evaluating smaller energy producers and their post-earnings setups.
Disclaimer
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Contributor
Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
AMPY sees MACD Histogram crosses below signal line
AMPY saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on October 28, 2026. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 49 instances where the indicator turned negative. In 42 of the 49 cases the stock moved lower in the days that followed. This puts the odds of a downward move at 86%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on October 29, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on AMPY as a result. In 86 of 111 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 77%.
AMPY moved below its 50-day moving average on October 14, 2026 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where AMPY declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 75%.
The Aroon Indicator for AMPY entered a downward trend on November 05, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an Uptrend is expected.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a +4.14% 3-day Advance, the price is estimated to grow further. Considering data from situations where AMPY advanced for three days, in 222 of 279 cases, the price rose further within the following month. The odds of a continued upward trend are 80%.
AMPY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
The Tickeron Valuation Rating of 11 (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.300) is normal, around the industry mean (3.471). P/E Ratio (6.235) is within average values for comparable stocks, (3.347). Projected Growth (PEG Ratio) (0.130) is also within normal values, averaging (1.958). AMPY has a moderately high Dividend Yield (0.126) as compared to the industry average of (0.050). P/S Ratio (0.874) is also within normal values, averaging (5.980).
The Tickeron Price Growth Rating for this company is 77 (best 1 - 100 worst), indicating slightly worse than average price growth. AMPY’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is 83 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is 89 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. AMPY’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 76, placing this stock worse than average.
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General Information
an independent oil and natural gas company, which engages in acquisition, development, exploration and production of oil and natural gas properties
Industry OilGasProduction
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