Amplify Energy reports Q4 net loss of $7.4M; updates Juniper acquisition and 2024 reserves

Amplify Energy Corp.

Q4 net loss $7.4M; Adjusted EBITDA $21.8M, down from $25.5M in Q3; free cash flow $2.9M.
Full-year 2024 net income $12.9M, adjusted EBITDA $103.0M, free cash flow $18.0M.
Year-end proved reserves 93 MMBoe, PV-10 $736M; Beta added 23 PUD locations with ~$200M PV-10.
Juniper acquisition expected Q2 2025; stockholder vote April 14; combined ownership 61% Amplify, 39% Juniper.
Q4 avg production 18.5 MBoepd; full-year avg 19.5 MBoepd; net debt/LTM EBITDA 1.2x.

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