Top 3 Energy Stocks That Could Lead To Your Biggest Gains In April
Oversold Stocks in Energy Sector: The energy sector has several oversold stocks, including Amplify Energy Corp, Martin Midstream Partners LP, and Geospace Technologies Corp, all with RSI values near or below 30, indicating potential buying opportunities for undervalued companies.
Recent Performance and Outlook: Amplify Energy's stock dropped 37% recently amid merger discussions, while Martin Midstream reported a quarterly loss but maintained its EBITDA guidance. Geospace Technologies is set to release financial results soon, with its stock also experiencing a decline.
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- Credit Facility Extension: Amplify Energy Corp has amended its revolving credit facility with Citizens Bank, extending the maturity date to December 31, 2028, which secures the company's liquidity for the next three years.
- Initial Borrowing Base: The amended facility has an initial borrowing base of $25 million with elected commitments of $15 million, reflecting the company's financing capability and flexibility in the current market environment.
- No Drawn Balance: As of December 31, 2025, Amplify had no balance drawn on the revolving credit facility, with sufficient cash on hand to support its strategic objectives, enhancing financial stability.
- Semi-Annual Redetermination: The borrowing base will be redetermined semi-annually, with the next assessment expected in Q2 2026, providing flexibility and predictability for the company's future capital expenditures and growth plans.
- Credit Facility Extension: Amplify Energy announced the extension of its amended credit facility maturity to December 31, 2028, with Citizens Bank, enhancing the company's liquidity and financial stability over the next three years.
- Initial Borrowing Base: The amended facility has an initial borrowing base of $25 million and elected commitments of $15 million, with a redetermination scheduled for Q2 2026, providing the company with flexible funding management strategies.
- No Drawn Balance: As of December 31, 2025, Amplify Energy reported no drawn balance on its credit facility, with sufficient cash on hand to support strategic objectives and future investments, indicating strong financial health.
- Market Environment Response: The amendment to the credit facility positions the company to better navigate oil and gas market volatility, particularly amid increasing global economic uncertainties, thereby enhancing its risk resilience.
- Successful Asset Sale: Amplify Energy has successfully sold its Oklahoma assets for a contract price of $92.5 million, which is expected to eliminate all outstanding debt under its revolving credit facility, thereby improving the company's financial health.
- Financial Restructuring: Following this transaction, Amplify plans to close the amended credit facility by December 31, which will provide the company with a more flexible financial structure to support future growth.
- Strategic Focus: By simplifying its asset portfolio, Amplify intends to concentrate resources on high-upside assets, which is expected to significantly reduce general and administrative costs, thereby enhancing operational efficiency and profitability.
- Management Confidence: CEO Dan Furbee expressed that the team's efforts in these transactions will create significant upside value for the company at its Beta and Bairoil projects, demonstrating strong confidence in future developments.
- Successful Asset Sale: Amplify Energy has successfully sold its Oklahoma assets for a contract price of $92.5 million, which will provide funding to eliminate all outstanding debt under its revolving credit facility, thereby improving its financial position.
- Debt Elimination: With the proceeds from the divestitures in East Texas and Oklahoma, Amplify has eliminated all debt under its revolving credit facility, and expects to close the amended credit facility by December 31, enhancing its financial flexibility.
- Strategic Focus: The CEO stated that after completing these transactions, Amplify will concentrate on its highest upside assets, which is expected to materially reduce general and administrative costs, thereby improving overall operational efficiency and profitability.
- Team Efforts: Amplify Energy expressed gratitude for the significant efforts of its teams in executing these transactions, emphasizing the importance of safe and efficient operations, which will lay a solid foundation for the company's future growth.
- Asset Sale Completion: Amplify Energy Corp. successfully closed the sale of its East Texas assets for $122 million, which will enhance the company's liquidity and financial flexibility.
- Future Transaction Expectations: The company anticipates completing the divestiture of its Oklahoma assets by the end of 2025, which will further optimize its asset portfolio and potentially improve overall profitability.
- Strategic Focus: This asset sale allows Amplify to concentrate resources on its core operational areas, including Oklahoma and the Pacific offshore, thereby increasing operational efficiency and market competitiveness.
- Market Environment Considerations: Amidst volatility in the global oil and gas markets and heightened geopolitical risks, Amplify's asset restructuring strategy aims to mitigate risks and enhance the company's resilience in uncertain market conditions.

Price Target Increase: Alliance Global raised the price target for Amplify Energy (AMPY) from $6 to $7.25 while maintaining a Buy rating on the shares.
Debt Elimination and Growth Potential: The firm's asset sales are expected to eliminate Amplify Energy's current debt load and provide capital to accelerate development of the Beta field, positively impacting operating performance.
Recent Stock Performance: Despite a recent gain of nearly 30% in the past week, the analyst sees additional upside potential for Amplify Energy.
Market Insights: The article highlights the capabilities of TipRanks' ETF AI Analyst in aiding investment decisions and provides links to further resources on Amplify Energy's performance and strategic moves.









