secwatch.observer — SEC 8-K summary
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Issuer:     Amplify Energy Corp. (AMPY)
CIK:        0001533924
Form:       8-K
Filed at:   2026-08-10T20:20:41+00:00
Accession:  0001104659-26-093400
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Amplify Energy swings to Q2 net income of $17.3M; approves $15M buyback
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- Q2 2026 net income of $17.3M vs Q1 net loss of $38.1M; production averaged 6.8 Mbopd (100% oil), up ~6% QoQ.
- Adjusted EBITDA of $8.6M and Adjusted Net Loss of $1.7M; operating cash flow of $2.8M in Q2.
- Beta royalty relief effective May 1 cuts royalty from ~25% to 12.5%, adding >600 bbl/d and ~$3.0M revenue/cash flow.
- Amended CO2 purchase agreement at Bairoil raises 45Q tax credit rebate, expected to cut CO2 costs by ~$5.0M per year.
- Board approved $15.0M share repurchase (~10% of shares) through Dec 31, 2026; no revolver debt and $36.2M liquidity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1533924/000110465926093400/0001104659-26-093400-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1533924/000110465926093400/ampy-20260810x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-093400

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