GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Amplify Energy Corp (NYSE:AMPY) » Definitions » Momentum Rank

Amplify Energy (Amplify Energy) Momentum Rank : 9 (As of Apr. 28, 2024)


View and export this data going back to 2016. Start your Free Trial

What is Amplify Energy Momentum Rank?

Amplify Energy has the Momentum Rank of 9.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of Amplify Energy's Momentum Rank

For the Oil & Gas E&P subindustry, Amplify Energy's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Amplify Energy's Momentum Rank Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Amplify Energy's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Amplify Energy's Momentum Rank falls into.



Amplify Energy Momentum Rank Related Terms

Thank you for viewing the detailed overview of Amplify Energy's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Amplify Energy (Amplify Energy) Business Description

Traded in Other Exchanges
Address
500 Dallas Street, Suite 1700, Houston, TX, USA, 77002
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. The company's oil and natural gas properties are located in large, mature oil and natural gas reservoirs. The company assets 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.
Executives
Eric Edward Dulany officer: See Remarks C/O AMPLIFY ENERGY, 500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002
James Frew officer: SVP, CHIEF FINANCIAL OFFICER 500 DALLAS STREET, SUITE 2700, HOUSTON TX 77002
Daniel Furbee officer: SVP, CHIEF OPERATING OFFICER 500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002
Vidisha Prasad director C/O CENTENNIAL RESOURCE DEVELOPMENT, INC, 1001 17TH STREET, SUITE 1800, DENVER CO 80202
Deborah G Adams director FULBRIGHT TOWER, 1301 MCKINNEY STREET, SUITE 2300, HOUSTON TX 77010
Todd R Snyder director 1251 AVENUE OF THE AMERICAS, 51ST FLOOR, NY NY 10020
Patrice D Douglas director 1712 CROSSBOW, EDMOND OK 73034
Martyn Willsher officer: SVP, CFO 500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002
Christopher W. Hamm director 500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002
James E Craddock director 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Eric T. Greager director 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Evan S. Lederman director C/O FIR TREE PARTNERS, 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036
David Proman director C/O FIR TREE INC., 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036
Richard Smiley officer: Senior V.P. Operations 500 DALLAS STREET, SUITE 1800, HOUSTON TX 77002
Anthony William Lopez officer: See Remarks 500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002