secwatch.observer — SEC 8-K summary
======================================

Issuer:     Amplify Energy Corp. (AMPY)
CIK:        0001533924
Form:       8-K
Filed at:   2026-03-09T23:59:59+00:00
Accession:  0001104659-26-025276
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1533924/000110465926025276/0001104659-26-025276-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1533924/000110465926025276/tm268338d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-025276

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer