Earnings summaries and quarterly performance for Amplify Energy.
Executive leadership at Amplify Energy.
Daniel Furbee
Chief Executive Officer
Eric Willis
Senior Vice President, General Counsel and Corporate Secretary
James Frew
President and Chief Financial Officer
Natasha France
Vice President and Chief Accounting Officer
Tony Lopez
Senior Vice President, Engineering and Exploitation
Board of directors at Amplify Energy.
Research analysts who have asked questions during Amplify Energy earnings calls.
Subhasish Chandra
The Benchmark Company
5 questions for AMPY
Jeffrey Grampp
Alliance Global Partners
2 questions for AMPY
Jeffrey Robertson
Water Tower Research
2 questions for AMPY
Jeff Robertson
Water Tower Research
2 questions for AMPY
John White
Roth Capital Partners
1 question for AMPY
Subash Chandra
The Benchmark Company, LLC
1 question for AMPY
Recent press releases and 8-K filings for AMPY.
- Amplify Energy Corp. has entered into definitive agreements to divest all interests in its Oklahoma and East Texas assets for a total consideration of $220.0 million, with proceeds intended to pay down outstanding debt and accelerate the Beta drilling program.
- For the third quarter of 2025, the company reported a net loss of $21.0 million and Adjusted EBITDA of $20.3 million, generating net cash provided by operating activities of $13.4 million.
- Average total production for Q3 2025 was 19.7 MBoepd, an increase of 0.6 MBoepd compared to the prior quarter, and the company successfully drilled two additional wells at Beta.
- As of September 30, 2025, Amplify had $123.0 million outstanding under its revolving credit facility, with a net debt to Last Twelve Months Adjusted EBITDA of 1.5x.
- Amplify Energy announced an update on its strategic initiatives, including the divestiture of its Oklahoma and East Texas assets for a total consideration of $220.0 million, with proceeds aimed at debt reduction and accelerating the Beta development drilling program.
- For the third quarter of 2025, the company reported a net loss of $21.0 million and Adjusted EBITDA of $20.3 million, with net cash provided by operating activities at $13.4 million.
- Average total production for Q3 2025 was 19.7 MBoepd, marking an increase of 0.6 MBoepd from the prior quarter.
- As of September 30, 2025, Amplify had $123.0 million outstanding under its revolving credit facility, with a net debt to Last Twelve Months Adjusted EBITDA ratio of 1.5x.
- The company successfully drilled two additional wells at Beta, with the C08 well achieving an IP30 rate of approximately 550 Bopd, and anticipates Q4 2025 capital investment to be between $8.0 - $12.0 million.
- Amplify Energy Corp. has entered into a definitive agreement to sell all of its interests in Oklahoma for a total contract price of $92.5 million, subject to customary post-closing adjustments.
- The Oklahoma Transaction is expected to close by the end of the fourth quarter of 2025.
- This divestiture, combined with previous sales of East Texas and Eagle Ford assets, aligns with Amplify's new strategic direction to simplify its portfolio, strengthen its balance sheet, and focus on its highest upside assets, Beta and Bairoil.
- Amplify Energy Corp. announced the divestiture of its East Texas assets for a total anticipated combined consideration of $127.5 million.
- This includes the sale of its remaining interest in the Haynesville basin for $5.5 million, which closed on October 24, 2025.
- Additionally, Amplify entered into a definitive agreement to sell its remaining Haynesville and Cotton Valley interests for $122.0 million, with this transaction expected to close by the end of the fourth quarter.
- The proceeds from these transactions will be used to pay down debt, simplify the company's portfolio, and allow it to focus resources on its Beta and Bairoil assets.
- Amplify Energy Corp. announced a complete divestiture of its East Texas interests, including Haynesville and Cotton Valley assets, for a total anticipated combined consideration of $127.5 million.
- This includes the sale of Haynesville basin interests for $5.5 million, which closed on October 24, 2025, and a definitive agreement to sell remaining Haynesville and Cotton Valley interests for $122.0 million, expected to close by the end of the fourth quarter.
- The proceeds from these transactions will be used to pay down debt, aligning with the company's strategic plan to simplify its portfolio and focus resources on its highest upside assets.
- Amplify expects to materially reduce G&A costs following the closing of the East Texas Transaction.
- Amplify Energy is undergoing a strategic transformation, having recently sold a non-op Eagle Ford position for $23 million net proceeds in Q2 and planning to market its East Texas and Oklahoma positions later this quarter. This strategy aims to simplify the company's structure and focus on its Beta (offshore Southern California) and Bear Oil (Wyoming) assets.
- The company is accelerating its development program in the Beta asset, where recent wells have significantly outperformed expectations; the latest well brought online is is producing 850 barrels a day after four months, and these wells are targeted to cost approximately $6 million to drill. Amplify Energy projects approximately 128 million barrels of recovery from 25 PUD locations in the Beta field, with an estimated 50 million to 170 million barrels of oil remaining for recovery after that.
- Amplify Energy has reduced its debt by $6 million since year-end 2022 and is free cash flow positive, even with ongoing investments in the Beta field. The company's enterprise value is just under $300 million, and its market cap is between $150 million and $160 million.
- Amplify Energy Corp reported Adjusted EBITDA of ~$19 million for Q2 2025 and ~$86 million for the last twelve months.
- The company updated its FY 2025 Free Cash Flow guidance to $0 \u2013 $10 million.
- Strategic initiatives include the divestiture of the non-operated Eagle Ford asset for $23 million in net proceeds and ongoing monetization processes for East Texas and Oklahoma assets.
- Amplify successfully completed the Beta C 54 well in mid-April 2025, currently producing approximately 850 Bopd (gross), with new Beta wells contributing ~35% of total production and exceeding type curves.
- Net debt was reduced by ~$60 million from year-end 2022 to Q2 2025, improving leverage from 2.0x to 1.5x.
- Amplify Energy Corp. sold its non-operated working interest in its Eagle Ford assets to Murphy Exploration & Production Company -- USA for a contract price of $23 million.
- The sale closed on July 1, 2025, and the net proceeds will be used to pay down debt and enhance the company's liquidity.
- This divestiture is part of Amplify's strategy to streamline operations, reduce debt, and potentially reinvest in high-return Beta development wells in 2025.
- Amplify expects to provide updated full-year 2025 guidance when it releases its second quarter operating and financial results.
Quarterly earnings call transcripts for Amplify Energy.
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