Amplify Energy sold its non-operated Eagle Ford assets for $23 million. I estimate this was at 0.7x to 0.8x PD PV-10 at current strip, including the added reserves from recently completed wells. Amplify is now projected to end 2025 with under $100 million in credit facility debt.
HOUSTON, July 01, 2025 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify,” the “Company,” “us,” or “our”) announced today it entered into a definitive agreement to sell all of its non-operated working interest in its Eagle Ford assets to Murphy Exploration & Production Company -- USA for a contract price of $23 million, subject to certain post-closing adjustments. The sale closed ...
HOUSTON, May 29, 2025 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (“Amplify” or the “Company”) (NYSE: AMPY) announced today that it completed its regularly scheduled semi-annual borrowing base redetermination. The redetermination affirmed the borrowing base at $145 million. The next regularly scheduled borrowing base redetermination is expected to occur in the fourth quarter of 2025.
HOUSTON, May 22, 2025 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (“Amplify” or the “Company”) (NYSE: AMPY) announced today that the Company will be participating in the 2025 Louisiana Energy Conference on Wednesday, May 28th at the Four Seasons in New Orleans, LA.
AMPY is deeply undervalued after a failed merger, with current prices below the company's own recent buyback levels, presenting a compelling entry point. Recent asset sales are expected to lower net debt, improving the balance sheet and potentially enhancing fair value in the near future. Strong reserves, credible management, and independent audit support the company's PV-10 and production outl...
HOUSTON, May 19, 2025 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify” or the “Company”) today announced that it has appointed Clint Coghill to its Board of Directors (the “Board”) as Lead Independent Director, effective May 16, 2025. In connection with Mr.
Amplify Energy Corp. (NYSE:AMPY ) Q1 2025 Results Conference Call May 13, 2025 11:00 AM ET Company Participants Jim Frew - SVP and CFO Martyn Willsher - President and CEO Dan Furbee - SVP and COO Conference Call Participants Subash Chandra - Benchmark Operator Welcome to Amplify Energy's first quarter 2025 Investor Conference Call. Amplify's operating and financial results were released yesterd...
HOUSTON, May 12, 2025 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify,” the “Company,” “us,” or “our”) announced today its operating and financial results for the first quarter of 2025 and updated full-year 2025 guidance for the Company.
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