Is Amplify Energy Corp. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Amplify Energy Corp. has moved from attractive to expensive, indicating a shift towards overvaluation. The company appears overvalued based on its P/E ratio of 6, which is higher than the peer average of 5.24 for Riley Exploration Permian, Inc. and significantly lower than TXO Partners LP's P/E of 90.13. Additionally, the EV to EBITDA ratio stands at 3.40, which is also above the peer average of 3.43 for Riley Exploration Permian, Inc.
In comparison to the S&P 500, Amplify Energy Corp. has underperformed significantly over multiple periods, with a year-to-date return of -30.00% versus the S&P 500's 13.30%. This trend reinforces the notion that the stock may be overvalued relative to its performance and industry peers.