secwatch.observer — SEC 8-K summary
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Issuer:     Amplify Energy Corp. (AMPY)
CIK:        0001533924
Form:       8-K
Filed at:   2023-08-08T23:59:59+00:00
Accession:  0001558370-23-013952
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 Q2 net income $9.8M, production up 9% QoQ to 21.2 Mboepd, new $135M credit facility closed
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1533924/000155837023013952/0001558370-23-013952-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1533924/000155837023013952/ampy-20230808x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-013952

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