Amplify Energy Corp.

Amplify Energy Corp. is an independent oil and natural gas company, which engages in the acquisition, development, exploration, and production of oil and natural gas properties. It focuses on operations in Oklahoma, the Rockies, offshore Southern California, East Texas and North Louisiana, and Eagle Ford. The company was founded in 2011 and is headquartered in Houston, TX.

Earnings data Q1 2021

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Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

Amplify Energy Corp. reports Q4 earnings, focuses on cash flow

Amplify Energy Corp. navigated challenges in Q4 2022 with resilience, maintaining positive free cash flow and addressing operational issues effectively.
Strategic focus on enhancing free cash flow, managing debt reduction, and optimizing capital allocation positions the company for future growth.
Guidance for 2023 outlines production targets, capital budget, and free cash flow expectations, signaling a proactive approach to financial management.
The $96.5 million settlement, hedge book strategy, and plans for production restart reflect progress in overcoming setbacks and driving operational improvements.

Amplify Energy Corp. reports robust Q1 performance and strategic refinancing

Amplify Energy Corp. showcased strong financial performance, operational resilience, and strategic initiatives to enhance value and manage debt effectively.
The company's efforts to optimize production, settle claims, and refinance credit facilities position it well for future growth and stability.
Despite challenges from adverse weather, Amplify Energy Corp. remains focused on increasing free cash flow and driving long-term shareholder value.

Amplify Energy Corp. excels in Q2, reaffirms guidance amid market challenges

Amplify Energy Corp. showcased robust operational and financial performance in Q2 2023, supported by efficient production and cost management.
The company's prudent financial strategies, including securing new credit facilities and maintaining a strong hedge position, reflect a commitment to sustainable growth.
While facing industry challenges and uncertainties, Amplify's focus on operational excellence and financial discipline presents opportunities for future expansion and value creation.

Amplify Energy Corp. meets Q3 projections, focuses on value creation

Amplify Energy Corp. demonstrated operational resilience and financial discipline in Q3 2023.
Strategic initiatives and cost-saving measures position the company for sustainable growth.
Despite challenges, Amplify's focus on value creation and liquidity strength bode well for the future.

Amplify Energy Corp. reports robust Q4 earnings and outlines growth plans

Amplify Energy Corp. demonstrated financial strength and stability in Q4 2023, meeting full-year guidance despite market challenges.
Strategic initiatives and cost-saving measures position the company for growth and profitability in 2024, with a focus on operational efficiency and capital allocation.
Challenges related to cost inflation and market volatility require proactive risk management and continued efforts to enhance operational performance.
Opportunities in asset monetization, development programs, and service expansion offer avenues for revenue growth and improved profitability in the upcoming year.

Amplify Energy Corp. excels in Q1 2024, poised for growth

Amplify Energy Corp.'s Q1 2024 performance exceeded expectations, showcasing operational strength and financial resilience.
While facing challenges in expenses and capital investments, the company is well-positioned to capitalize on growth opportunities and enhance shareholder value.
Strategic initiatives, renegotiated contracts, and hedging strategies position Amplify for a promising future despite market uncertainties.

Amplify Energy Corp. reports robust Q3 earnings amidst strategic decisions

Amplify Energy Corp. posts strong Q3 results, driven by production mix and cost optimization.
Strategic decisions on asset retention and sustainability efforts reflect long-term vision.
Challenges in liquidity and capital return require careful management and evaluation.
Opportunities in monetization and hedging strategies can bolster Amplify's financial resilience.

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This article seeks to provide a valuation and pricing comparison for AMPY vs the Top Oil and Gas Exploration and Production Stocks. I will provide a pricing mechanism for AMPY by comparing its financial metrics to the rest of the industry, assessing its financial health, and finally attempting to find an appropriate valuation.

Amplify Energy Corp. Has Fantastic Revenue, Poor Profitability And Appears Overpriced Vs. Peers

Oil company Amplify Energy pleaded guilty to an oil spill off the Southern California coast. Its ruptured pipeline shuttered beaches for a week and threatened businesses.

Oil company pleads guilty to oil spill in Southern California

California officials on Thursday said Amplify Energy Corp agreed to plead guilty to six criminal charges and pay nearly $5 million in penalties and fines in connection with a crude oil spill last year that killed birds and fouled beaches.

Amplify Energy to pay $5 million to settle criminal charges over California oil spill

HOUSTON, Sept. 08, 2022 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (“Amplify” or the “Company”) (NYSE: AMPY) today announced that it has reached an agreement with the State of California to resolve all criminal matters involving the Company and its subsidiaries stemming from the October 2021 Southern California Pipeline Incident.

Amplify Energy Reaches Agreement with State of California to Resolve Matters Associated with Southern California Pipeline Incident

HOUSTON, Aug. 26, 2022 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (“Amplify” or the “Company”) (NYSE: AMPY) today announced that it has reached an agreement with the United States government, subject to court review and approval, to resolve all federal criminal matters involving the Company and its subsidiaries stemming from the October 2021 Southern California Pipeline Incident. As part of the resolution with the United States, Amplify has agreed to plead guilty to one count of misdemeanor negligent discharge of oil in violation of the Clean Water Act. If approved by the Court, Amplify will pay a fine of approximately $7.1 million in installments over a period of three years, serve a term of four years' probation and reimburse governmental agencies approximately $5.8 million for their response to this event. Amplify also has agreed to implement certain compliance measures including installation of a new leak detection system and increased Remote Operated Vehicle inspections of the pipeline.

Amplify Energy Reaches Agreement with U.S. Attorney's Office to Resolve Matters Associated with Southern California Pipeline Incident

HOUSTON, Aug. 25, 2022 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (“Amplify” or the “Company”) (NYSE: AMPY) announced today that it has reached an agreement in principle with plaintiffs in the class action to resolve all civil claims against Amplify and its subsidiaries. The settlement will be funded under the Company's insurance policies, and the final agreement will be subject to court approval.

Amplify Energy Reaches Settlement Terms In Southern California Pipeline Civil Litigation

Amplify Energy Corp. (NYSE:AMPY ) Q2 2022 Results Conference Call August 4, 2022 11:00 AM ET Company Participants Jason McGlynn - Senior Vice President and Chief Financial Officer Martyn Willsher - President and Chief Executive Officer Conference Call Participants John White - ROTH Capital Jason McGlynn Good morning, and welcome to the Amplify Energy conference call to discuss operating and financial results for the second quarter of 2022. Joining me on the call today is Martyn Willsher, Amplify's President and Chief Executive Officer.

Amplify Energy Corp. (AMPY) CEO Martyn Willsher on Q2 2022 Results - Earnings Call Transcript

HOUSTON, Aug. 03, 2022 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify” or the “Company”) announced today its operating and financial results for the second quarter of 2022 and updated its full-year 2022 guidance.

Amplify Energy Announces Second Quarter 2022 Results and Issues Updated Guidance

HOUSTON, July 26, 2022 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (“Amplify” or the “Company”) (NYSE: AMPY) announced today that it will report second quarter 2022 financial and operating results after the U.S financial markets close on August 3, 2022. Management will host a conference call at 10:00 a.m. CT on August 4, 2022 to discuss the Company's results. Interested parties are invited to participate in the conference call by dialing (800) 343-5172 (Conference ID: AEC2Q22) at least 15 minutes prior to the start of the call. A replay of the call will be available by phone at (844) 488-7474 (Access Code: 72522130) for a fourteen-day period following the call.

Amplify Energy Schedules Second Quarter 2022 Earnings Release and Conference Call

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Elon Musk's Crazy Twitter Tweets, Amplify's Oil Spill And Kohl's Retail Dumpster Fire

HOUSTON, June 21, 2022 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify” or the “Company”) announced today that it completed its regularly scheduled semi-annual borrowing base redetermination and entered into an amendment to its credit agreement. The redetermination affirmed the borrowing base at $225 million. The next regularly scheduled borrowing base redetermination is expected to occur in November 2022.

Amplify Energy Announces Successful Borrowing Base Redetermination

100% technical buy signals. 11 new highs and up 33.97% in the last month.

Amplify Energy: A Top Stock To Own

HOUSTON, May 26, 2022 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (“Amplify” or the “Company”) (NYSE: AMPY) announced today that the Company will be participating in the 2022 Louisiana Energy Conference on Thursday, June 2nd at the Ritz-Carlton Hotel in New Orleans, LA.

Amplify Energy to Participate in the 2022 Louisiana Energy Conference

The energy sector has been the worst-performing sector of the last decade, but, with the end of the pandemic, it is poised to become the best performing sector. In the last decade, the industry has deleveraged and improved capital discipline.

Amplify Remains Undervalued Despite 123%/Year Price Gain Since March 2020

Amplify Energy Corp. (NYSE:AMPY ) Q1 2022 Earnings Conference Call May 5, 2022 11:00 AM ET Company Participants Jason McGlynn - Senior Vice President and Chief Financial Officer Martyn Willsher - President and Chief Executive Officer Conference Call Participants John White - ROTH Capital Operator Welcome to Amplify Energy's First Quarter 2022 Investor Conference Call. Amplify's operating and financial results were released yesterday after market close on May 4, 2022 and are available on Amplify's website at www.amplifyenergy.com.

Amplify Energy Corp. (AMPY) CEO Martyn Willsher on Q1 2022 Results - Earnings Call Transcript

HOUSTON, May 04, 2022 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify” or the “Company”) announced today its operating and financial results for the first quarter of 2022 and updated its full-year 2022 guidance.

Amplify Energy Announces First Quarter 2022 Results and Issues Updated Guidance

HOUSTON, April 20, 2022 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (“Amplify” or the “Company”) (NYSE: AMPY) announced today that it will report first quarter 2022 financial and operating results after the U.S financial markets close on May 4, 2022. Management will host a conference call at 10:00 a.m. CT on May 5, 2022 to discuss the Company's results. Interested parties are invited to participate in the conference call by dialing (800) 489-9479 (Conference ID: 6891368) at least 15 minutes prior to the start of the call or via the internet at www.amplifyenergy.com. A replay of the call will be available on Amplify's website or by phone at (855) 859-2056 (Conference ID: 6891368) for a fourteen-day period following the call.

Amplify Energy Schedules First Quarter 2022 Earnings Release and Conference Call

HOUSTON, April 07, 2022 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (“Amplify” or the “Company”) (NYSE: AMPY) announced the appointment today of Deborah (“Debbie”) G. Adams and Eric T. Greager to the Amplify Board of Directors (“Board”). Ms. Adams and Mr. Greager join the Board following a comprehensive process, conducted with the assistance of a nationally recognized board recruitment firm, to complement the Board's existing credentials and qualifications.

Amplify Energy Appoints Two New Independent Directors

Amplify Energy Corp. (AMPY) CEO Martyn Willsher on Q4 2021 Results - Earnings Call Transcript

HOUSTON, March 09, 2022 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify” or the “Company”) announced today its operating and financial results for the fourth quarter and full-year 2021, year-end 2021 proved reserves and guidance for the full-year 2022.

Amplify Energy Announces Fourth Quarter and Full-Year 2021 Results, Year-End 2021 Proved Reserves and Full-Year 2022 Guidance

Amplify appears very attractive as a function of rising energy prices and over-discounted spill costs.

Bull Case Solidifies Further For Amplify Energy

HOUSTON, March 01, 2022 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify” or the “Company”) issued the following update regarding the Southern California release event:

Amplify Energy Provides Update on the Southern California Release

HOUSTON, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (“Amplify” or the “Company”) (NYSE: AMPY) announced today that it will report fourth quarter 2021 financial and operating results after the U.S financial markets close on March 9, 2022. Management will host a conference call at 10:00 a.m. CT on March 10, 2022 to discuss the Company's results. Interested parties are invited to participate in the conference call by dialing (800) 489-9479 (Conference ID: 8984535) at least 15 minutes prior to the start of the call or via the internet at www.amplifyenergy.com. A replay of the call will be available on Amplify's website or by phone at (855) 859-2056 (Conference ID: 8984535) for a fourteen-day period following the call.

Amplify Energy Schedules Fourth Quarter 2021 Earnings Release and Conference Call

After an oil spill last October, AMPY sold off while the energy sector has broadly rallied on improved, sustained pricing. The California oil spill, though not insignificant, was relatively minor compared to other historic spills and may be largely covered by insurance.

Amplify Offers Exceptional Value As A Smallcap E&P

LOS ANGELES--(BUSINESS WIRE)---- $AMPY #AMPY--SHAREHOLDER REMINDER: The Schall Law Firm Encourages Investors in Amplify Energy Corp. with Losses to Contact the Firm

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