Insider Stock Alert: One Investment Firm Just Went All In on Amplify Energy Corp!

Cornercap Investment Counsel Inc. recently made a bold move in the investment world by purchasing a large quantity of shares in Amplify Energy Corp. (NYSE:AMPY), a company that has been making waves in the energy sector. According to the company's most recent disclosure with the Securities and Exchange Commission (SEC), Cornercap Investment Counsel Inc. bought a total of 72,995 shares of Amplify Energy Corp.'s stock during the second quarter. This significant investment is valued at approximately $495,000, a substantial sum that suggests Cornercap Investment Counsel Inc. has high hopes for the company's future prospects.

The purchase of 72,995 shares is a notable development in the story of Amplify Energy Corp., a company that operates in the oil and gas industry. As an investment firm, Cornercap Investment Counsel Inc. likely conducts extensive research and analysis before making any major investment decisions. The fact that they have chosen to invest in Amplify Energy Corp. suggests that they believe the company has strong growth potential and is well-positioned for success in the future.

Amplify Energy Corp. is a company that has been working to build a strong presence in the energy sector. With a focus on developing and producing oil and gas assets, the company has been actively engaged in various projects and initiatives aimed at driving growth and increasing revenue. The investment by Cornercap Investment Counsel Inc. is a clear vote of confidence in Amplify Energy Corp.'s ability to deliver on its goals and objectives.

The timing of the investment is also worth noting. The second quarter was a period of significant activity in the energy sector, with many companies reporting strong earnings and making major announcements. By investing in Amplify Energy Corp. during this time, Cornercap Investment Counsel Inc. may be looking to capitalize on the company's potential for growth and success in the months and years ahead.

As an investment firm, Cornercap Investment Counsel Inc. has a reputation for making informed and strategic investment decisions. The purchase of 72,995 shares in Amplify Energy Corp. is a significant move that suggests the firm believes the company is poised for success. With this major investment, Amplify Energy Corp. has gained a key partner and supporter, one that is committed to helping the company achieve its goals and objectives.

The news of Cornercap Investment Counsel Inc.'s investment in Amplify Energy Corp. is likely to be of significant interest to investors and industry analysts. As a major development in the story of a company with strong growth potential, this investment is a clear indication that Amplify Energy Corp. is a company to watch in the months and years ahead. With the support of Cornercap Investment Counsel Inc. and its significant investment, Amplify Energy Corp. is well-positioned to achieve its goals and continue to build a strong presence in the energy sector.