Amplify Energy Q2 net income $9.8M, production up 9% QoQ to 21.2 Mboepd, new $135M credit facility closed

Amplify Energy Corp.

2023-Q2 EPS reported $8.91 revenue$151,841,000

Q2 Adjusted EBITDA $17.6M, free cash flow $6.1M; net debt $113M, leverage 1.2x LTM EBITDA.
Closed new $135M revolving credit facility (borrowing base $150M) maturing July 2027.
Average daily production 21.2 Mboepd, up 9% QoQ; Beta assets returned in late April, exceeding projections.
Full-year 2023 guidance reaffirmed; Q2 capital spend $7.9M, focused on Beta and Bairoil facility upgrades.
Realized oil price (with derivatives) $65.29/bbl; natural gas $2.86/Mcf; liquids mix 55%.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Amplify Energy Corp. reported the second quarter of 2023 results: net income approximately $9.8 million. Guidance reaffirmed.

Period: the second quarter of 2023
Net income: approximately $9.8 million
Guidance: reaffirmed
Result: reported results

Exact text from the filing

issued a press release reporting the Company’s financial and operating results for the quarter ended June 30, 2023.

View on SEC.gov

36 earnings releases filed in the last 30 days. Browse all earnings releases →

Amplify Energy Corp. filing history →

Source: SEC EDGAR

accession 0001558370-23-013952

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.