secwatch.observer — SEC 8-K summary
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Issuer:     Amplify Energy Corp. (AMPY)
CIK:        0001533924
Form:       8-K
Filed at:   2022-05-04T23:59:59+00:00
Accession:  0001558370-22-007071
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Amplify Energy Q1 net loss $48.6M, Adj. EBITDA $24.9M, raises FY2022 guidance
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- Q1 2022: average production 20.4 MBoepd, Adjusted EBITDA $24.9M, free cash flow $14.9M, net loss $48.6M.
- Received PHMSA approval for permanent pipeline repair plan on April 15; awaiting Army Corps approval to start repairs.
- Appointed Deborah G. Adams and Eric T. Greager to Board of Directors on April 7.
- Raised full-year 2022 production and Adjusted EBITDA guidance; capital spending $6.9M in Q1.
- Net debt $197M as of April 30 (borrowing base $230M); LOPI insurance payments $17.5M in Q1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1533924/000155837022007071/0001558370-22-007071-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1533924/000155837022007071/ampy-20220504x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-007071

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