Amplify Energy exits East Texas/Oklahoma, debt-free with $61M cash; Q4 adj EBITDA $21.5M; 2026 capex $45-65M

Amplify Energy Corp.

Completed six divestitures for ~$250M, exiting East Texas, Louisiana, Oklahoma, and Magnify.
Repaid all credit facility debt; $61M cash at Dec 31, 2025; amended facility to $25M borrowing base.
Q4 2025 net income $64.4M (incl. gain on sale); adjusted net loss $10.4M; adjusted EBITDA $21.5M.
Year-end 2025 proved reserves 38.1 MMBoe; PV-10 $376M; Beta Joulters new type curve EUR 670k bbl >100% IRR at $65 WTI.
2026 capital plan $45-65M; drill 5-8 wells at Beta; annual G&A $17-22M; Bairoil cost savings ~$10M/yr.

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