AMPY

HOUSTON, May 11, 2026 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify,” the “Company,” “us,” or “our”) announced today updates to its operating and financial results for the first quarter of 2026 and reaffirmed its full-year 2026 guidance. First Quarter Highlights and Recent Developments During the first quarter of 2026, the Company: Averaged total production of 6.4 Mbopd (100% oil) Generated net cash provided by operating activities of $4.5 million and a net loss of $38.1 million Delivered Adjusted EBITDA of $3.8 million and Adjusted Net Income of $5.3 million Concluded all transition services related to the East Texas and Oklahoma asset divestitures Obtained royalty relief at our Beta field, reducing the Company’s royalty burden to approximately 12.5% (from approximately 25.0%) effective May 1, 2026, increasing net production and revenue Continued the drilling program at Beta Completed the C04 well in March with a peak IP30 of 500 Bopd. At current pricing, Amplify expects the well to pay out in approximately six months with an IRR greater than 100% The C32 well was spud in late March and encountered mechanical complications in the shallow sections of the well leading to the abandonment of the well before setting intermediate casing Continued strategic evaluation of Bairoil’s potential role in carbon storage and low-carbon initiatives Reaffirmed prior guidance for full-year 2026 As of March 31, 2026, Amplify had no outstanding debt under its revolving credit facility and $41.5 million cash and cash equivalents Dan Furbee, the Company’s Chief Executive Officer, stated, “Amplify has entered 2026 with positive momentum, supported by a strong balance sheet, a more streamlined organization, a simplified oil-weighted portfolio and a constructive crude oil price environment. As we pursue value-adding opportunities at Beta and Bairoil, we believe we will continue to benefit from these dynamics.” Mr. Furbee continued, “At Beta, we continue to pursue our drilling program, and we are pleased with the performance of the C04 well that we brought on-line in March as it further demonstrates the prolific results of the Joulters fault block at Beta. Furthermore, the team recently secured royalty relief that has increased our net production and profitability at Beta. At Bairoil, we remain optimistic that we will find opportunities to leverage our available po...

HOUSTON (AP) — HOUSTON (AP) — Amplify Energy Corp. (AMPY) on Monday reported a loss of $38.1 million in its first quarter. On a per-share basis, the Houston-based company said it had a loss of 93 cents. Earnings, adjusted for non-recurring costs, were 13 cents per share. The oil and gas company posted revenue of $37.5 million in the period. Amplify Energy shares have climbed 20% since the beginning of the year. In the final minutes of trading on Monday, shares hit $5.50, a rise of 90% in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMPY at https://www.zacks.com/ap/AMPY

Amplify Energy Corp. (NYSE:AMPY) is included among The $200 Oil Playbook: 10 Energy Stocks Positioned to Outperform as the Strait Remains Closed. Amplify Energy Corp. (NYSE:AMPY) is an independent oil and natural gas company engaged in the acquisition, development, exploitation and production of oil and natural gas properties. Amplify Energy Corp. (NYSE:AMPY) shot up despite falling behind estimates in its Q4 2025 report on March 10. The company’s adjusted loss per share of $0.24 missed expectations by $0.45, while its revenue also fell by 18% YoY to $56.5 million and fell short of forecasts by over $14 million. That said, Amplify Energy Corp. (NYSE:AMPY) reported significant operational progress in its strategic plan designed to simplify the company’s portfolio, strengthen its balance sheet, and focus resources on assets with the highest potential upside opportunities. Following the recent asset sales, Amplify is now debt-free and has approximately $61 million in cash and cash equivalents. This greatly enhances the company’s attractiveness compared to its peers with leveraged balance sheets. Moreover, it will allow the firm to have a more consistent development program, with 5-8 wells planned to be drilled this year. Amplify Energy Corp. (NYSE:AMPY) has also received a lift from the soaring crude oil prices, with the Brent crude price hovering at just over the $100 per barrel mark as of the writing of this article. While we acknowledge the potential of AMPY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 40 Most Popular Stocks Among Hedge Funds Heading into 2026 and 12 Best Large Cap Energy Stocks to Buy Now Disclosure: None. Follow Insider Monkey on Google News.

HOUSTON, March 09, 2026 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify,” the “Company,” “us,” or “our”) announced today updates to its strategic initiatives, year-end 2025 proved reserves, operating and financial results for the fourth quarter and full-year 2025, and full-year 2026 development plans and guidance for the Company. Strategic Initiatives Update In the third quarter of 2025, Amplify communicated its strategic plan with three core tenets: (1) simplify the portfolio, (2) strengthen the balance sheet, and (3) focus resources on our assets with the highest potential upside opportunities. In 2025, the Company made significant progress on all three fronts. Key highlights include: Completed six separate transactions for total consideration of approximately $250 million (excluding certain post-closing adjustments) In the fourth quarter, Amplify closed three divestitures representing a complete exit of our interests in East Texas, Louisiana, Oklahoma, and Magnify Repaid all outstanding debt under the credit facility As of December 31, 2025, Amplify had approximately $61 million in cash and cash equivalents Continued the Beta development program and significantly reduced operating costs at Bairoil At Beta, Amplify drilled and completed four wells, that in total exceeded our pre-drill type curves At Bairoil, Amplify implemented cost saving initiatives lowering annual run-rate lease operating expenses by approximately $10 million Dan Furbee, the Company’s Chief Executive Officer stated, “We are pleased to report that our strategic plan is delivering the results we set out to achieve. Last year, we committed to simplifying our portfolio, strengthening our balance sheet, and focusing our resources on the assets that we believe have substantial long‑term value creation potential. With the successful divestiture of our East Texas and Oklahoma assets, we have executed a key milestone of that strategy. These transactions have enabled us to eliminate debt and build a strong cash position, giving us greater financial flexibility and a sharper focus on the opportunities that drive meaningful growth.” Mr. Furbee continued, “We are excited about the continued success we are having with our drilling program at Beta, which has increased our confidence regarding the future inventory of the field for this prolific asset. Furthermore, we have started to rea...

HOUSTON (AP) — HOUSTON (AP) — Amplify Energy Corp. (AMPY) on Monday reported fourth-quarter net income of $64.4 million, after reporting a loss in the same period a year earlier. The Houston-based company said it had net income of $1.50 per share. Losses, adjusted for non-recurring gains, came to 24 cents per share. The oil and gas company posted revenue of $56.6 million in the period. For the year, the company reported profit of $44 million, or 98 cents per share. Revenue was reported as $263.4 million. Amplify Energy shares have risen 29% since the beginning of the year. In the final minutes of trading on Monday, shares hit $5.90, an increase of 56% in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMPY at https://www.zacks.com/ap/AMPY

HOUSTON, March 04, 2026 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (“Amplify” or the “Company”) (NYSE: AMPY) announced today that it will delay the issuance of its fourth quarter and full year 2025 earnings release previously scheduled for March 5, 2026. The delay in the release of earnings is required primarily to allow additional time to finalize certain accounting treatments related to the divestiture of assets. The earnings release is now expected to be issued after the U.S. financial markets close on March 9, 2026. About Amplify Energy Amplify Energy Corp. is an independent oil company engaged in the acquisition, development, exploitation and production of oil properties. Amplify’s operations are focused in federal waters offshore Southern California (Beta) and the Rockies (Bairoil). For more information, visit www.amplifyenergy.com. Investor Relations Contacts Jim Frew -- President and Chief Financial Officer (832) 219-9044 [email protected] Michael Jordan -- Vice President, Finance and Treasury (832) 219-9051 [email protected]

HOUSTON, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (“Amplify” or the “Company”) (NYSE: AMPY) announced today that it will report fourth quarter 2025 financial and operating results after the U.S. financial markets close on March 5, 2026. The release and additional information can be found in the Company’s investor relations section of the website. About Amplify Energy Amplify Energy Corp. is an independent oil company engaged in the acquisition, development, exploitation and production of oil properties. Amplify’s operations are focused in federal waters offshore Southern California (Beta) and the Rockies (Bairoil). For more information, visit www.amplifyenergy.com. Investor Relations Contacts Jim Frew -- President and Chief Financial Officer (832) 219-9044 [email protected] Michael Jordan -- Vice President, Finance and Treasury (832) 219-9051 [email protected]

HOUSTON (AP) — HOUSTON (AP) — Amplify Energy Corp. (AMPY) on Wednesday reported a third-quarter loss of $21 million, after reporting a profit in the same period a year earlier. The Houston-based company said it had a loss of 52 cents per share. Losses, adjusted for non-recurring costs, came to 15 cents per share. The oil and gas company posted revenue of $66.4 million in the period. In the final minutes of trading on Wednesday, the company's shares hit $4.57. A year ago, they were trading at $6.73. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMPY at https://www.zacks.com/ap/AMPY

HOUSTON, Nov. 05, 2025 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify,” the “Company,” “us,” or “our”) announced today an update on its strategic initiatives and operating and financial results for the third quarter of 2025. Strategic Initiatives Update As previously announced, Amplify has entered into definitive purchase agreements with three different counterparties to divest all its interests in the Company’s Oklahoma and East Texas assets for total consideration of $220.0 million, subject to certain post-closing adjustments (the “Asset Transactions”). One of the transactions closed in October of 2025 and the remaining two transactions are expected to close in the fourth quarter of 2025. These divestitures are an important step in the Company’s go-forward strategy. The Company intends to use the proceeds from the Asset Transactions to pay down the Company’s outstanding debt, and accelerate the development drilling program at Beta. The Company believes the Asset Transactions will also enable it to materially reduce future G&A costs. Dan Furbee, the Company’s Chief Executive Officer stated, “As previously discussed, we have initiated a new strategic plan with three core tenets. We intend to simplify our portfolio, strengthen our balance sheet, and focus our resources on our assets with the highest potential upside opportunities. The divestitures of the Oklahoma and East Texas assets is consistent with that strategic plan.” Mr. Furbee continued, “We are excited about the continued success we are having with our drilling program at Beta. Furthermore, we have started to realize meaningful cost savings at Bairoil, and we believe additional Carbon Capture, Utilization & Storage (CCUS) initiatives can further increase future cash flow associated with that asset. The Company has embraced this new strategic plan, and we are already seeing the benefits of this focus.” Key Highlights During the third quarter of 2025, the Company: Achieved an average total production of 19.7 MBoepd, an increase of approximately 0.6 MBoepd compared to the prior quarter, despite the divestiture of the Company’s Eagle Ford assets late in the second quarter Generated net cash provided by operating activities of $13.4 million and a net loss of $21.0 million Delivered Adjusted EBITDA of $20.3 million and an Adjusted Net Loss of $6.0 million Successfully drilled two addition...

Amplify Energy Corp. (NYSE:AMPY) is included in our list of the 10 Overlooked Energy Stocks to Buy Now. A pipeline snaking through a desert canyon, representing a energy's transport infrastructure. On August 6, 2025, Amplify Energy Corp. (NYSE:AMPY) reported its second-quarter results. During the quarter, the company advanced its strategic focus toward a more oil-weighted portfolio, closing the $23 million sale of its non-operated Eagle Ford assets in July. Meanwhile, exploration of bids for its East Texas and Oklahoma holdings is underway. Thanks to the strong performance of the C54 Beta well, Amplify Energy Corp. (NYSE:AMPY) recorded a 7% quarterly increase in its production, which averaged around 19.1 MBoepd. The C54 Beta well, which is expected to reach payout in eight months, recorded 850 Bopd in production during the quarter. Furthermore, Amplify Energy Corp. (NYSE:AMPY) recorded $19 million in adjusted EBITDA, resulting in an operating cash flow of $23.8 million. At the same time, the company has two more high-return Beta wells scheduled for drilling by the end of 2025. During the quarter, Amplify Energy also reduced its debt to $130 million, bolstering its financial health. Operating across Oklahoma, the Rockies, offshore Southern California, and East Texas/North Louisiana, Amplify Energy Corp. (NYSE:AMPY) acquires, develops, and produces oil and gas properties. It is included in our list of the Overlooked Stocks. While we acknowledge the potential of AMPY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Best Oil Refinery Stocks to Buy Right Now and 7 Best Potash Stocks to Buy According to Analysts. Disclosure: None.

Explore Amplify Energy's Fair Values from the Community and select yours Investors were disappointed with the weak earnings posted by Amplify Energy Corp. (NYSE:AMPY ). However, our analysis suggests that the soft headline numbers are getting counterbalanced by some positive underlying factors. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Importantly, our data indicates that Amplify Energy's profit was reduced by US$6.5m, due to unusual items, over the last year. It's never great to see unusual items costing the company profits, but on the upside, things might improve sooner rather than later. When we analysed the vast majority of listed companies worldwide, we found that significant unusual items are often not repeated. And that's hardly a surprise given these line items are considered unusual. Assuming those unusual expenses don't come up again, we'd therefore expect Amplify Energy to produce a higher profit next year, all else being equal. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. Because unusual items detracted from Amplify Energy's earnings over the last year, you could argue that we can expect an improved result in the current quarter. Based on this observation, we consider it likely that Amplify Energy's statutory profit actually understates its earnings potential! And on top of that, its earnings per share have grown at an extremely impressive rate over the last three years. The goal of this article has been to assess how well we can rely on the statutory earnings to reflect the company's potential, but there is plenty more to consider. In light of this, if you'd like to do more analysis on the company, it's vital to be informed of the risks involved. For instance, we've identified 3 warning signs for Amplify Energy (1 is significant) you should be familiar with. Today we've zoomed in on a single data point to better understand the nature of Amplify Energy's profit. But there are plenty of other ways to inform your opinion of a company. Some people consider a high return on equity to be a good sign of a quality business. So you may wish to see this free collection of companies boasting high return on equity, or...

HOUSTON (AP) — HOUSTON (AP) — Amplify Energy Corp. (AMPY) on Wednesday reported second-quarter profit of $6.4 million. The Houston-based company said it had profit of 15 cents per share. Losses, adjusted for non-recurring gains, were 10 cents per share. The oil and gas company posted revenue of $68.4 million in the period. In the final minutes of trading on Wednesday, the company's shares hit $3.76. A year ago, they were trading at $6.44. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMPY at https://www.zacks.com/ap/AMPY