Amplify Energy Corp (AMPY)
Sector • Energy Industry • Oil And Gas Production |
Industry • Oil And Gas Production |
Sector • Energy |
Very decent effort by the company in the third quarter of 2022
company announced third quarter of 2022 operating profit of $51.183 millions
Published Nov 02 2022
CSIMarket Team / CSIMarket.com
For the fiscal period closing September 30 2022 company profits turned positive of $1.17 per share compare to $-0.35 a year prior and EPS soared by 60.27 % from $0.73 per share from the prior reporting period.
Revenues jumped by 30.204 % to $126.30 millions from $97.00 millions in the similar reporting period a year prior and sequentially Revenues surged by 3.713 % from $121.78 millions.
The company booked bottom-line of $47.234 millions in the fiscal period closing September 30 2022 an improvement versus a net shortfall of $-13.470 millions in the similar reporting period a year ago. Amplify Energy Corp also emphasized it's improving profit margins, where net margin rose to 37.4% in fiscal period closing September 30 2022, and operating margin edged up to 40.53%.
Amplify Energy Corp is expected to report next financial results on May 03, 2023.
Revenues jumped by 30.204 % to $126.30 millions from $97.00 millions in the similar reporting period a year prior and sequentially Revenues surged by 3.713 % from $121.78 millions.
The company booked bottom-line of $47.234 millions in the fiscal period closing September 30 2022 an improvement versus a net shortfall of $-13.470 millions in the similar reporting period a year ago. Amplify Energy Corp also emphasized it's improving profit margins, where net margin rose to 37.4% in fiscal period closing September 30 2022, and operating margin edged up to 40.53%.
Amplify Energy Corp is expected to report next financial results on May 03, 2023.