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. reports developments tied to its independent oil business, which acquires, develops, exploits and produces oil properties in the United States. The company’s operations are focused in federal waters offshore Southern California at Beta and in the Rockies at Bairoil.
Recurring AMPY news includes operating and financial results, earnings timing, asset-portfolio updates, and capital-structure disclosures. Company releases also cover material agreements such as reserve-based revolving credit facility amendments, borrowing-base terms, maturity extensions, governance matters, and accounting updates related to asset-portfolio changes.
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.
Amplify Energy (NYSE:AMPY) has announced the sale of its non-operated Eagle Ford assets to Murphy Exploration & Production Company -- USA for $23 million. The transaction closed on July 1, 2025, with an effective date of June 15, 2025.
The company plans to use the net proceeds to reduce debt and enhance liquidity. With the improved balance sheet, Amplify is considering reinstating previously deferred high-return Beta development wells in 2025. The company will provide updated full-year 2025 guidance alongside its second quarter results.
According to CEO Martyn Willsher, this divestment represents a strategic move to transform Amplify Energy into a more streamlined and focused enterprise, with the proceeds being reinvested in Beta development wells to enhance shareholder value.
Amplify Energy (NYSE: AMPY) has successfully completed its semi-annual borrowing base redetermination, maintaining its borrowing base at $145 million. The next redetermination is scheduled for Q4 2025. CEO Martyn Willsher emphasized the company's focus on generating free cash flow and managing liquidity through strong hedge positions and cost reduction initiatives. The company is also exploring portfolio optimization opportunities that could potentially accelerate the development program at Beta, despite current commodity price volatility.
Amplify Energy Corp. (NYSE: AMPY) announced its participation in the upcoming 2025 Louisiana Energy Conference, scheduled for May 28th at the Four Seasons in New Orleans. The company's President and CEO, Martyn Willsher, will be a panelist in a discussion titled "Small Cap E&Ps See Value Creation in U.S. Basins Beyond the Permian." Additionally, Willsher will be available for investor meetings during the conference.
Amplify Energy Corp. (NYSE: AMPY) has appointed Clint Coghill as Lead Independent Director to its Board of Directors, effective May 16, 2025. Coghill, who is the Chief Investment Officer of Stoney Lonesome, represents entities that collectively own approximately 7% of Amplify's outstanding shares. As part of the appointment, Coghill will serve on the Board's Compensation Committee and be included in the Board's slate of nominees for the 2025 Annual Meeting.
The appointment comes with a cooperation agreement between Amplify and Stoney Lonesome entities, which includes customary standstill and voting provisions. The agreement will be filed with the SEC as part of a Current Report on Form 8-K.