STOCK TITAN

Amplify Energy Corp. (NYSE: AMPY) extends credit line, sets $25M base

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Amplify Energy Corp. disclosed that its wholly owned subsidiary, Amplify Energy Operating LLC, entered into a Borrowing Base Redetermination, Commitment Increase and Second Amendment to its Amended and Restated Credit Agreement. The amendment sets the borrowing base at $25,000,000 and extends the credit facility’s maturity date to December 31, 2028. The agreement is among the borrower, Amplify Acquisitionco LLC, certain guarantors, the lending banks, and Citizens Bank, N.A. as administrative agent, and is intended to govern the company’s revolving credit arrangements going forward.

Positive

  • None.

Negative

  • None.

Insights

Amplify extends its bank credit facility, locking in a $25M base to 2028.

Amplify Energy, through its subsidiary, amended its revolving credit agreement to formalize a borrowing base of $25,000,000 and push the maturity out to December 31, 2028. This type of agreement typically supports day-to-day liquidity and capital needs, especially important for energy companies with ongoing development spending.

The amendment is described as a borrowing base redetermination, commitment increase and second amendment, but only the $25,000,000 base and new maturity are quantified here. Actual impact will depend on how much of the facility the company draws and the detailed covenants contained in the full amendment. Investors can reference Exhibit 10.1 for the precise terms governing leverage, collateral, and other conditions.

false 0001533924 0001533924 2025-12-31 2025-12-31 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 8-K

 

 

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D)

OF THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): December 31, 2025

 

 

 

AMPLIFY ENERGY CORP.

(Exact name of Registrant as Specified in its Charter)

 

 

 

Delaware 001-35512 82-1326219

(State or other jurisdiction of
Incorporation or Organization)

(Commission File Number)

(I.R.S. Employer
Identification No.)

 

500 Dallas Street, Suite 1700
Houston, Texas
  77002

(Address of Principal Executive Offices, including Zip Code)

 

(832) 219-9001

(Registrant’s telephone number, including area code)

 

Not applicable

(Former name or Former Address, if Changed Since Last Report)

 

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (See General Instruction A.2. below):

 

¨ Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities Registered Pursuant to Section 12(b)

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock   AMPY   New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

 

Item 1.01 Entry into a Material Definitive Agreement.

 

On December 31, 2025, Amplify Energy Operating LLC (the “Borrower”), a wholly owned subsidiary of Amplify Energy Corp., a Delaware corporation (the “Company”), entered into the Borrowing Base Redetermination, Commitment Increase and Second Amendment to Amended and Restated Credit Agreement (the “Second Amendment”), among the Borrower, Amplify Acquisitionco LLC, the guarantors party thereto, the lenders party thereto and Citizens Bank, N.A., as administrative agent for the lenders. The Second Amendment amends the Amended and Restated Credit Agreement, dated July 31, 2023 (as amended, the “Credit Agreement”), to, among other things:(i) set the Borrowing Base to $25,000,000 and (ii) extend the maturity date under the Credit Agreement to December 31, 2028.

 

The foregoing description of the Second Amendment does not purport to be complete and is qualified in its entirety by reference to the Second Amendment, which is filed as Exhibit 10.1 to this report and incorporated herein by reference.

 

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

 

The information required by Item 2.03 relating to the Second Amendment is contained in Item 1.01 of this Current Report on Form 8-K above and is incorporated herein by reference.

 

Item 7.01. Regulation FD Disclosure.

 

On December 31, 2025, the Company issued a press release announcing the events described in Item 1.01 of this Current Report. A copy of the press release is attached hereto as Exhibit 99.1.

 

The information contained in this Item 7.01 shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, and shall not be deemed to be incorporated by reference into any of the Company’s filings under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof and regardless of any general incorporation language in such filings, except to the extent expressly set forth by specific reference in such a filing.

 

 

 

 

Item 9.01.Financial Statements and Exhibits.

 

Exhibit 
Number
  Description
10.1   Borrowing Base Redetermination, Commitment Increase and Second Amendment to Amended and Restated Credit Agreement, dated December 31, 2025 by and among Amplify Energy Operating LLC, Amplify Acquisitionco LLC, the guarantors party thereto, the lenders party thereto and Citizens Bank, N.A., as administrative agent.
99.1   Press Release, dated December 31, 2025.
104   Cover Page Interactive Data File (formatted as Inline XBRL).

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  AMPLIFY ENERGY CORP.
     
Dated: December 31, 2025    
     
  By:  /s/ Daniel Furbee
  Name: Daniel Furbee
  Title: Chief Executive Officer

 

 

FAQ

What did Amplify Energy Corp. (AMPY) announce in this 8-K?

Amplify Energy Corp. reported that its subsidiary entered into a Borrowing Base Redetermination, Commitment Increase and Second Amendment to its Amended and Restated Credit Agreement, updating key terms of its revolving credit facility.

How large is Amplify Energy Corp.’s borrowing base under the amended credit agreement?

The Second Amendment to the credit agreement sets the borrowing base at $25,000,000.

When does Amplify Energy Corp.’s amended credit facility now mature?

Under the Second Amendment, the maturity date of the credit agreement is extended to December 31, 2028.

Which entities are parties to Amplify Energy Corp.’s amended credit agreement?

Parties include Amplify Energy Operating LLC as borrower, Amplify Acquisitionco LLC and other guarantors, the lenders party thereto, and Citizens Bank, N.A. as administrative agent.

Did Amplify Energy Corp. issue a press release about the credit agreement amendment?

Yes, Amplify Energy Corp. issued a press release on December 31, 2025 describing the events related to the Second Amendment, filed as Exhibit 99.1.

Where can investors find the full terms of Amplify Energy Corp.’s Second Amendment?

The complete Borrowing Base Redetermination, Commitment Increase and Second Amendment to the Amended and Restated Credit Agreement is filed as Exhibit 10.1.
Amplify Energy Corp

NYSE:AMPY

AMPY Rankings

AMPY Latest News

AMPY Latest SEC Filings

AMPY Stock Data

187.40M
32.83M
18.3%
44.83%
3.51%
Oil & Gas E&P
Crude Petroleum & Natural Gas
Link
United States
HOUSTON