secwatch.observer — SEC 8-K summary
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Issuer:     Amplify Energy Corp. (AMPY)
CIK:        0001533924
Form:       8-K
Filed at:   2026-05-11T20:10:15+00:00
Accession:  0001104659-26-058653
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Amplify Energy Q1 net loss $38.1M, adjusted net income $5.3M; obtains Beta royalty relief
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- Net loss $38.1M incl $43.4M non-cash unrealized loss on derivatives; adjusted net income $5.3M, adjusted EBITDA $3.8M.
- Revenue $37.5M; average production 6.4 Mbopd (100% oil), down from prior Q due to asset divestitures.
- Beta royalty relief from ~25% to ~12.5% effective May 1, 2026; adds >600 bopd net and >$1M/month revenue at current prices.
- No debt outstanding, $41.5M cash, $25M borrowing base; liquidity $56.5M.
- Full-year 2026 guidance reaffirmed; expects adjusted EBITDA at high end on higher commodity prices.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1533924/000110465926058653/0001104659-26-058653-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1533924/000110465926058653/ampy-20260511x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-058653

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