Highest-materiality recent filing
Amplify Energy Q1 net loss $38.1M, adjusted net income $5.3M; obtains Beta royalty relief
Net loss $38.1M incl $43.4M non-cash unrealized loss on derivatives; adjusted net income $5.3M, adjusted EBITDA $3.8M.
Amplify Energy dismisses Deloitte, appoints Grant Thornton; material weakness cited
Deloitte & Touche dismissed as auditor effective March 9, 2026 after issuing final audit reports.
Completed six divestitures for ~$250M, exiting East Texas, Louisiana, Oklahoma, and Magnify.
Amplify Energy closes Oklahoma sale for $92.5M; eliminates all credit facility debt
Closed Oklahoma divestiture on Dec 29, 2025 for $92.5M; combined with East Texas $122M sale, repaid all revolver debt.
Amplify Energy closes $122M East Texas sale; Oklahoma divestiture expected by Dec 29
Closed East Texas asset sale on Dec 23 for $122M cash, subject to post-closing adjustments.
Amplify Energy sells Oklahoma assets for $92.5M, expects Q4 close
Divestiture of all Oklahoma interests for $92.5M cash (subject to customary adjustments) to Revolution Resources III, LLC.
Amplify Energy reports Q3 net loss of $21M, announces $220M asset divestitures
Net loss $21.0M in Q3 2025 vs net income $6.4M in Q2; includes $34M impairment from marketing assets.
Amplify Energy divests East Texas assets for $122M; total proceeds $127.5M
Sold Haynesville and Cotton Valley interests for $122M cash, closing expected by Q4 2025.
Amplify Energy Q2 net income $6.4M, production up 7% QoQ, sells Eagle Ford assets for $23M
Q2 2025 net income $6.4M (vs net loss $5.9M Q1); Adjusted EBITDA $19.0M; Total revenues $68.4M.
Amplify Energy names Dan Furbee CEO; to divest East Texas & Oklahoma assets
Martyn Willsher steps down as CEO and director; becomes Special Advisor through Dec 31, 2025.
Amplify Energy sells Eagle Ford non-operated assets for $23M; proceeds to reduce debt
Sale of non-operated Eagle Ford working interest to Murphy Exploration for $23M cash; closed July 1, effective June 15, 2025.
Amplify Energy reports Q1 net loss of $5.9M; updates 2025 guidance, defers Beta projects saving $15M
Net loss $5.9M ($0.81 diluted EPS loss); adjusted net income $3.8M; Adjusted EBITDA $19.4M.
Amplify Energy terminates merger with Juniper Capital; pays $800k breakup fee
Merger Agreement terminated effective April 25, 2025 due to market volatility.
Amplify Energy amends merger; Juniper adds $10M cash, updates hedges & reserves
Juniper cash contribution increased from $5M to $15M (incremental $10M) to reduce combined net debt.
Amplify Energy adjourns special meeting on Juniper merger to April 23 for more proxy solicitation
Special Meeting on proposed merger with Juniper Capital's Rocky Mountain portfolio companies adjourned to April 23, 2025 at 9 a.m. CT.
Amplify Energy reports Q4 net loss of $7.4M; updates Juniper acquisition and 2024 reserves
Q4 net loss $7.4M; Adjusted EBITDA $21.8M, down from $25.5M in Q3; free cash flow $2.9M.
Consideration of 26,729,315 AMPY shares; existing holders ~61%, acquired co. holders ~39% of combined co.
Amplify Energy Q2 net income $7.1M vs loss; raises 2024 capex guidance to $60-65M
Q2 net income of $7.1M, reversing prior quarter net loss of $9.4M; Adjusted EBITDA $30.7M.
Amplify Energy Q1 net loss $9.4M; raises 2024 guidance on strong crude
Net loss of $9.4M vs net income of $43.6M in Q4 2023; Adjusted EBITDA $24.9M.
Amplify Energy Q4 net income $43.6M, launches Beta development program, initiates Bairoil sale
Q4 2023: Net income $43.6M (vs Q3 loss of $13.4M); Adjusted EBITDA $25.2M; free cash flow $14.4M, up 136%.
Amplify Energy Q3 net loss $13.4M; announces Bairoil sale and Beta development
Net loss $13.4M vs Q2 net income $9.8M; Adjusted EBITDA $19.5M (up from $17.6M).
Q2 Adjusted EBITDA $17.6M, free cash flow $6.1M; net debt $113M, leverage 1.2x LTM EBITDA.
Amplify Energy Q1 net income $352.8M (incl. $85M Beta settlement); production 19.4 MBoepd
Net income of $352.8M includes $84.9M net settlement proceeds from Beta incident and $259.5M deferred tax benefit.
Amplify Energy appoints James Frew as CFO effective April 17, 2023
James Frew named Senior VP and CFO, starting April 17; base salary $364,000.
Amplify Energy reports Q4 net income $30M; settles incident for $96.5M
Q4 net income $30.0M, Adjusted EBITDA $21.9M, free cash flow $12.3M, production 20.8 MBoepd.
Amplify Energy reaches $96.5M settlement for 2021 pipeline incident; CFO resigns
CFO Jason McGlynn resigns effective March 17, 2023, for personal reasons; 8,334 unvested RSUs to vest on separation.
Amplify extends credit facility to May 2024; borrowing base cut to $215M
Maturity extended from Nov 2, 2023 to May 31, 2024; borrowing base reduced to $215M with $5M monthly reductions.
Amplify Energy reports Q3 net income $47.2M, Adj. EBITDA $30.8M; pipeline repair on track
Net income of $47.2M, Adjusted EBITDA $30.8M, free cash flow $17.0M for Q3 2022.
Amplify Energy Q2 net income $29.2M, production flat at 20.4 MBoe/d; updates 2022 guidance
Net income of $29.2M vs prior quarter loss of $48.6M; Adjusted EBITDA $16.3M vs $24.9M QoQ.
Amplify Energy Q1 net loss $48.6M, Adj. EBITDA $24.9M, raises FY2022 guidance
Q1 2022: average production 20.4 MBoepd, Adjusted EBITDA $24.9M, free cash flow $14.9M, net loss $48.6M.
On May 16, 2025, pursuant to the Cooperation Agreement, the Board appointed Mr. Coghill, age 53, to serve as a director of the Company effective as of May 16, 2025.
The Merger Agreement provides that, immediately upon the Effective Time, the Company will cause each of Patrice Douglas and Todd R. Snyder to deliver letters of resignation effectuating her and his respective resignation as a member of the Board to be effective as of the Effective Time.
The Merger Agreement provides that, immediately upon the Effective Time, the Company will cause each of Patrice Douglas and Todd R. Snyder to deliver letters of resignation effectuating her and his respective resignation as a member of the Board to be effective as of the Effective Time.
On October 3, 2023, the board of directors (the “Board”) of Amplify Energy Corp. (the “Company”) appointed Vidisha Prasad to the Board, effective immediately.
Randal T. Klein has informed the Board of his decision not to seek reelection as a director on the Board at the Company’s 2024 Annual Meeting of Stockholders (the “2024 Annual Meeting”).
On April 13, 2023, the board of directors (the “Board”) of Amplify Energy Corp. (the “Company”) appointed James Frew, age 45, to serve as Senior Vice President and Chief Financial Officer of the Company, effective April 17, 2023.
On March 17, 2023, the board of directors (the “Board”) of Amplify Energy Corp. (the “Company”) appointed Daniel Furbee, age 40, to serve as Senior Vice President and Chief Operating Officer, effective March 17, 2023.
On February 27, 2023, Jason McGlynn notified the board of directors (the “Board”) of Amplify Energy Corp. (the “Company”) of his decision to resign.
On February 9, 2023, the board of directors (the “Board”) of Amplify Energy Corp. (the “Company”) appointed James E. Craddock to the Board, effective immediately.
On November 29, 2022, Richard P. Smiley notified Amplify Energy Corp. (the “Company”) of his intent to retire and resign from his current position as Senior Vice President, Operations.
the board of directors (the “Board”) of Amplify Energy Corp. (the “Company”) appointed Deborah G. Adams and Eric T. Greager to the Board, effective immediately.
the board of directors (the “Board”) of Amplify Energy Corp. (the “Company”) appointed Deborah G. Adams and Eric T. Greager to the Board, effective immediately.
Max materiality 0.85 · Median 0.65 · Most common event earnings