5 Cheapest Stocks With Biggest Upside

4. Amplify Energy Corp. (NYSE:AMPY)

Number of Hedge Fund Investors In Q3 2023: 14

Latest P/E Ratio: 0.67

Amplify Energy Corp. (NYSE:AMPY) is an oil and gas exploration and production company headquartered in Houston, Texas. Despite a slowdown in the U.S. energy sector this year, the firm has held up its financial fort as it has beaten analyst EPS estimates in three out of its four latest quarters.

As of September 2023 end, 14 out of the 910 hedge funds surveyed by Insider Monkey were the firm’s shareholders. Amplify Energy Corp. (NYSE:AMPY)’s largest hedge fund shareholder is Cliff Asness’ AQR Capital Management due to its $5.2 million investment.

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