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 (AMPY) is an independent oil and natural gas company focused on optimizing production from mature energy assets across key U.S. regions. This page serves as the definitive source for verified corporate announcements, financial updates, and operational developments.
Investors and industry observers will find timely access to press releases covering quarterly earnings, strategic acquisitions, production enhancements, and regulatory filings. Our curated collection ensures efficient tracking of material events impacting AMPY's position in energy markets.
The resource prioritizes updates related to reservoir management in established basins, operational efficiency initiatives, and capital allocation decisions. Content types span drilling results, partnership announcements, and leadership updates critical for comprehensive analysis.
Bookmark this page for structured access to AMPY's evolving story in the energy sector. Combine these primary sources with broader market analysis for informed perspective on the company's performance.
Amplify Energy Corp. (NYSE: AMPY) will release its fourth quarter 2020 financial results on March 11, 2021, before U.S. markets open. Following the release, a conference call will take place at 10:00 a.m. CT for management to discuss the results. Interested parties can join the call by dialing (833) 883-4379 or via the company's website. A replay will be available for 14 days post-call. Amplify Energy is focused on acquiring, developing, and producing oil and natural gas properties across several U.S. regions.
Amplify Energy Corp. (NYSE: AMPY) appointed Patrice Douglas to its Board of Directors, effective Feb. 10, 2021. Douglas, an attorney with extensive experience in financial institutions and energy sectors, will also serve on the Audit Committee. Her past roles include leadership positions at SpiritBank and First Fidelity Bank, along with her tenure as mayor of Edmond, Oklahoma. Chairman Chris Hamm expressed confidence that Douglas's regulatory expertise will significantly benefit Amplify.
Amplify Energy Corp. (NYSE: AMPY) has announced management changes effective January 19, 2021. Martyn Willsher is appointed President and CEO, succeeding in his role as Interim CEO. Jason McGlynn is promoted to Senior Vice President and Chief Financial Officer, while Chris Hamm takes over as Chairman of the Board. The changes aim to leverage Willsher's leadership through past challenges to guide the company's future, as he emphasizes growth opportunities from Amplify's stable assets. David Proman remains on the Board, contributing his experience.
Amplify Energy Corp. (NYSE: AMPY) announced the closing of an underwritten public offering of 8,548,485 shares of its common stock, sold by certain stockholders affiliated with Fir Tree Capital Management L.P. The shares were offered at a public price of $1.15 each. Amplify did not sell any shares or receive proceeds from this offering, which was managed by Roth Capital Partners. The offering was made under effective shelf registration statements with the SEC and does not constitute an offer to sell or solicitation of an offer to buy in jurisdictions where it would be unlawful.
Amplify Energy Corp. (NYSE: AMPY) announced a public offering of 8,548,485 shares at $1.15 each, fully underwritten by affiliates of Fir Tree Capital Management. The offering is set to close on December 15, 2020, pending customary conditions. Amplify will not be selling any shares or receiving proceeds. Roth Capital Partners is the Sole Manager of this offering, which adheres to SEC regulations under existing shelf registration statements. The shares' sale does not create any liquidity for Amplify, reflecting a stockholder-driven sale.
Amplify Energy Corp. (NYSE: AMPY) announced a public offering of 8,548,485 shares by certain stockholders affiliated with Fir Tree Capital Management. Amplify will not sell any shares or receive proceeds from the offering. Roth Capital Partners serves as the Sole Manager. The offering is made under effective shelf registration statements filed with the SEC. This press release does not constitute an offer to sell or buy securities in jurisdictions where it would be unlawful.
Amplify Energy Corp. (NYSE: AMPY) announced the successful completion of its semi-annual redetermination of the revolving credit facility (RCF), maintaining the borrowing base at $260 million. As of October 30, 2020, the company reported a total net debt of $243 million with $260 million drawn against the credit facility and $17 million in cash. Interim CEO Martyn Willsher highlighted the positive outcome reflecting the company's robust asset base and effective hedging strategy amid challenging market conditions.
Amplify Energy Corp. (NYSE: AMPY) reported its third quarter 2020 financial results, revealing a 5% increase in oil production to 10.8 MBbls/d. The company generated $20.6 million in net cash from operating activities and achieved an Adjusted EBITDA of $24.8 million, a $3.5 million increase from the prior quarter. Notably, Free Cash Flow rose to $16 million, an increase of $5 million. Amplify reduced its lease operating expenses to $27.6 million and has hedged 75% of its fourth-quarter crude oil production. As of October 30, 2020, net debt stood at $243 million.
Amplify Energy Corp. (NYSE: AMPY) will report its third quarter 2020 financial and operating results on November 5, 2020. The management will hold a conference call at 10:00 a.m. CT to discuss the results. Interested participants can join the call by dialing (833) 883-4379 or via the internet. A replay will be available for fourteen days after the call. Amplify is an independent oil and natural gas company operating primarily in Oklahoma, offshore California, and Texas.
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