---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-017763"
form_type: "8-K"
ticker: "AMPY"
cik: "0001533924"
company_name: "Amplify Energy Corp."
filed_at: "2023-11-06T23:59:59+00:00"
generated_at: "2026-06-08T19:57:03.406931+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Amplify Energy Q3 net loss $13.4M; announces Bairoil sale and Beta development

## Summary
- Net loss $13.4M vs Q2 net income $9.8M; Adjusted EBITDA $19.5M (up from $17.6M).
- Production 20.6 MBoe/d (-3% QoQ); revenue $76.8M (+$4.8M QoQ).
- Bairoil asset sale process to begin Q1 2024; Beta development program planned H1 2024 with >100% IRR.
- Created Magnify Energy Services to insource oilfield services; reaffirmed full-year 2023 guidance.
- Net debt $104M (1.2x LTM Adj. EBITDA); Vidisha Prasad appointed to Board; inaugural sustainability report.

## SEC filing metadata
- accession: 0001558370-23-017763
- form_type: 8-K
- ticker: AMPY
- cik: 0001533924
- company_name: Amplify Energy Corp.
- filed_at: 2023-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1533924/000155837023017763/0001558370-23-017763-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1533924/000155837023017763/ampy-20231106x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-017763
- JSON: https://secwatch.observer/filing/0001558370-23-017763.json
- Plain text: https://secwatch.observer/filing/0001558370-23-017763.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.