Watch For Continued Gains In Shares Of Amplify Energy Corp. (AMPY)


(MENAFN- Investor Brand Network)

Amplify Energy Corp. (NYSE:AMPY) traded today at a new 52-week high of $8.27. So far today approximately 187,000 shares have been exchanged, as compared to an average 30-day volume of 928,000 shares.

Over the past year, Amplify Energy Corp. has traded in a range of $2.60 to $8.27 and is now at $8.04, 209% above that low.

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.

Amplify Energy Corp. (NYSE:AMPY) defies analysts with a current price ($8.04) 52.5% above its average consensus price target of $3.82.

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