Houston energy co. returns to exchange compliance

Houston-based Amplify Energy Corp. (NYSE: AMPY) has managed to cure its deficiency with the New York Stock Exchange’s listing standards, taking it off the table for delisting under the exchange’s minimum stock price rules.

Amplify’s 30-day average stock price dipped below the NYSE’s $1 per share threshold in April after the stock price plunged more than 80% from the start of March, according to data published by Yahoo Finance. Although Amplify’s stock price is still a little less than half…

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