Amplify Energy reports Q1 net loss of $5.9M; updates 2025 guidance, defers Beta projects saving $15M

Amplify Energy Corp.

2025-Q1 EPS reported -$0.15 revenue$72,050,000

Net loss $5.9M ($0.81 diluted EPS loss); adjusted net income $3.8M; Adjusted EBITDA $19.4M.
Average production 17.9 MBoe/d (down 3% QoQ); revenues $70.3M pre-hedge; free cash flow negative $7.2M.
Beta C54 well IP20 ~800 BOPD; two wells completed in Q1-2025; three wells planned for 2025 total.
Deferred three Beta development projects, saving ~$15M in 2025, to maintain free cash flow amid lower oil prices.
Generated $9.2M from Haynesville acreage sales since Nov 2024; retained 10% interest in two AMIs with 30+ potential locations.

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