Welcome to our dedicated page for Amplify Energy news (Ticker: AMPY), a resource for investors and traders seeking the latest updates and insights on Amplify Energy stock.
Amplify Energy Corp. (NYSE: AMPY) generates a steady flow of company news tied to its role as an independent oil and natural gas producer. Its press releases and SEC-referenced announcements cover operational updates, asset transactions, strategic initiatives and financial results, giving investors and observers insight into how the business is evolving within the crude petroleum and natural gas extraction industry.
Recent news has focused on Amplify’s efforts to simplify its portfolio and concentrate on key assets. The company has announced divestitures of non-operated Eagle Ford interests and properties in East Texas, Louisiana and Oklahoma, describing these transactions as steps toward reducing debt and focusing resources on its Beta field in federal waters offshore Southern California and its Bairoil asset in the Rockies. These stories often highlight how sale proceeds relate to the company’s reserve-based revolving credit facility and balance sheet.
Operational news items describe development drilling and facility projects at Beta, as well as cost reduction and optimization efforts at Bairoil, including CO2-related initiatives. Earnings and guidance updates provide context on production volumes, product mix between crude oil, natural gas liquids and natural gas, and capital allocation across the company’s asset base before and after divestitures.
Visitors to this AMPY news page can review these company-issued updates in one place, including strategic plan announcements, leadership changes disclosed via press release, and notices of participation in investor conferences. This consolidated view helps readers follow how Amplify’s asset mix, operating focus and financing arrangements are described in its own public communications over time.
Amplify Energy (NYSE: AMPY) closed an amended senior secured reserve-based revolving credit facility with Citizens Bank, extending the facility maturity to December 31, 2028. The amendment sets an initial borrowing base of $25 million with elected commitments of $15 million, and the borrowing base will be redetermined semi-annually with the next redetermination expected in Q2 2026. After closing on December 31, 2025, the company had no borrowings outstanding under the facility and reported having cash on hand to fund its strategic objectives.
Amplify Energy (NYSE: AMPY) closed the sale of its Oklahoma interests for a contract price of $92.5 million, subject to customary post-closing adjustments.
With proceeds from the East Texas and Oklahoma divestitures, the company eliminated all debt outstanding under its revolving credit facility and is amending that facility for the pro-forma company, which it expects to close by December 31, 2025. Management said it will refocus resources on its highest-upside assets, expects to materially reduce G&A costs, and identified Beta and Bairoil as priority assets for value creation.
Amplify Energy (NYSE: AMPY) announced it closed the previously announced sale of its interests in East Texas for a contract price of $122.0 million, subject to customary post-closing adjustments.
The company said the previously announced divestiture of its Oklahoma assets is still expected to close by the end of 2025.
Amplify Energy (NYSE: AMPY) reported 3Q25 results and a strategic update on Nov 5, 2025. The company entered definitive agreements to divest its Oklahoma and East Texas assets for total consideration of $220.0 million, with one deal closed in Oct 2025 and two expected to close in 4Q25.
3Q25 highlights: average production 19.7 MBoe/d, Adjusted EBITDA $20.3M, net loss $21.0M (driven by a $34.0M impairment), free cash flow ($0.7M), and $123.0M outstanding on the revolving credit facility (net debt/LTM Adj. EBITDA 1.5x).
Amplify Energy (NYSE: AMPY) entered into a definitive agreement to sell all of its interests in Oklahoma for a total contract price of $92.5 million, subject to customary post-closing adjustments. The Oklahoma Transaction is expected to close by the end of the fourth quarter of 2025 and represents a complete exit from the company’s Oklahoma interests.
Combined with earlier divestitures of East Texas and Eagle Ford assets, Amplify says these sales are part of a plan to simplify its portfolio, strengthen the balance sheet, and concentrate on higher-upside assets, with TenOaks Energy Advisors and Kirkland and Ellis advising on the Oklahoma sale.
Amplify Energy (NYSE: AMPY) announced transactions to fully exit its East Texas interests for a combined anticipated consideration of $127.5 million. A Haynesville monetization closed on Oct 24, 2025, generating net proceeds of $5.5 million, and a definitive agreement was signed to sell remaining Haynesville and Cotton Valley interests for $122.0 million subject to customary post-closing adjustments, expected to close by the end of Q4 2025.
The company says proceeds will be used to pay down debt, refocus capital on higher-upside assets, and materially reduce G&A costs after closing.
Amplify Energy (NYSE:AMPY) announced its participation in the upcoming 30th Annual EnerCom Denver – The Energy Investment Conference in Denver, Colorado on August 18-19th, 2025.
CEO Dan Furbee will conduct one-on-one investor meetings on both conference days and deliver a presentation on Monday, August 18th at 3:35 P.M. MT, followed by a 50-minute breakout session. Interested investors can access the webcast by registering at enercomdenver.com.
Amplify Energy (NYSE:AMPY) announced strategic initiatives update and Q2 2025 results, highlighting its transformation towards becoming more oil-weighted. The company achieved average production of 19.1 MBoepd, up 7% quarter-over-quarter, and generated $19.0 million in Adjusted EBITDA.
Key strategic moves include engaging TenOaks Energy to explore selling East Texas and Oklahoma assets, completing the $23 million Eagle Ford divestiture, and management changes including Dan Furbee's promotion to CEO. The company's C54 well at Beta delivered strong results with 920 Bopd average production and expects >100% IRR.
Financial highlights include $6.4 million in net income, $23.7 million in operating cash flow, and a net debt to LTM Adjusted EBITDA ratio of 1.5x. The company maintains a $135 million borrowing base following recent redetermination.
Amplify Energy (NYSE:AMPY) announced it will release its second quarter 2025 financial and operating results after U.S. market close on August 6, 2025. The earnings release and supplementary information will be available on the company's investor relations website section.
Amplify Energy (NYSE:AMPY) announced significant strategic changes and leadership transitions on July 22, 2025. The company is implementing initiatives to become more oil-weighted, reduce debt, and streamline operations. Key developments include engaging TenOaks Energy Advisors to explore the potential sale of assets in East Texas and Oklahoma.
In a major leadership change, Martyn Willsher has stepped down as President and CEO, with Dan Furbee (former COO) promoted to CEO and joining the Board of Directors. Additionally, Jim Frew has been promoted to President and CFO. The company is currently drilling the C-08 well at Beta platform, with production expected to start in August 2025, while pursuing cost-saving opportunities at Bairoil operations.
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