Why These Energy Stocks are Losing This Week

4. Amplify Energy Corp. (NYSE:AMPY)

Share Price Decline Between May 13 – May. 20: 16.82%

Amplify Energy Corp. (NYSE:AMPY) is an independent oil and natural gas company engaged in the acquisition, development, exploitation, and production of oil and natural gas properties.

Amplify Energy Corp. (NYSE:AMPY) reported weaker-than-expected results for its Q1 2025 last week, posting an EPS of $0.1 and falling short of expectations by $0.06. The company’s revenue of approximately $72 million also fell below estimates by just over $1.8 million, besides being down by 5.57% YoY. AMPY posted a net loss of $5.9 million during the quarter, and its average daily production of 17.9 MBoe/d was also down by 3.2% QoQ. Moreover, the company reported a negative free cash flow of $7.2 million in Q1 2025 against a positive FCF of $2.9 million in the previous quarter. The slight decline in crude oil price over the last week may have also affected the company’s share price.