Tonix Pharmaceuticals stock halted ahead of FDA approval news
James Frew, President and Chief Financial Officer of Amplify Energy Corp (NYSE:AMPY), recently purchased 75,000 shares of the company’s common stock in two transactions. The purchases, both categorized as acquisitions, amounted to a total value of $267,500. The energy company, currently valued at $156 million, trades at a P/E ratio of 9.8x and has been profitable over the last twelve months, according to InvestingPro data.
On August 11, 2025, Frew acquired 50,000 shares at a price of $3.50 per share. The following day, August 12, 2025, he purchased an additional 25,000 shares at $3.70 per share. Following these transactions, Frew directly owns 129,222 shares of Amplify Energy Corp. With analyst targets ranging from $6 to $11 per share and an overall Financial Health score of "Fair" from InvestingPro, investors can access comprehensive analysis and 7 additional ProTips about AMPY through the platform’s detailed research reports.
In other recent news, Amplify Energy Corp. reported a remarkable earnings per share of $3.8 for the first quarter of 2025, significantly surpassing the forecasted $0.21. Despite a net loss of $5.9 million, this result marked an improvement from the prior quarter’s $7.4 million loss. The company announced the sale of its non-operated Eagle Ford assets to Murphy Exploration & Production Company for $23 million, a move intended to reduce debt and enhance liquidity. This transaction closed on July 1, 2025, with an effective date of June 15, 2025. Amplify Energy is also exploring the sale of its East Texas and Oklahoma assets, engaging TenOaks Energy Advisors to assess market interest. Benchmark has reiterated its Buy rating on Amplify Energy, highlighting the strategic asset sales and debt reduction plans as positive developments. The firm maintained its price target of $11.00. Amplify Energy is considering reinstating previously deferred high-return development wells at its Beta field in 2025, leveraging its strengthened financial position. These actions reflect Amplify’s ongoing efforts to streamline operations and focus on its core oil-weighted assets.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.