Amplify Energy Corp.·Energy

EnerCom Announces Premier Networking Events for the 31st Annual Energy Investment Conference, Including Monday Charity Golf Tournament, Monday

HOUSTON, May 11, 2026 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify,” the “Company,” “us,” or “our”) announced today updates to its operating and financial results for the first quarter of 2026 and reaffirmed its full-year 2026 guidance. First Quarter Highlights and Recent Developments During the first quarter of 2026, the Company: Averaged total production of 6.4 Mbopd (100% oil) Generated net cash provided by operating activities of $4.5 million and a net loss of $38.1 million Delivered Adjusted EBITDA of $3.8 million and Adjusted Net Income of $5.3 million Concluded all transition services related to the East Texas and Oklahoma asset divestitures Obtained royalty relief at our Beta field, reducing the Company's royalty burden to approximately 12.5% (from approximately 25.0%) effective May 1, 2026, increasing net production and revenue Continued the drilling program at Beta Completed the C04 well in March with a peak IP30 of 500 Bopd.

Range Resources (NYSE: RRC - Get Free Report) and Amplify Energy (NYSE: AMPY - Get Free Report) are both energy companies, but which is the better investment? We will compare the two businesses based on the strength of their earnings, analyst recommendations, valuation, institutional ownership, dividends, risk and profitability. Earnings and Valuation This table compares Range Resources

Amplify Energy Corp. (NYSE: AMPY - Get Free Report) Director Clint Coghill sold 501,279 shares of the company's stock in a transaction on Monday, March 16th. The shares were sold at an average price of $6.42, for a total value of $3,218,211.18. Following the transaction, the director directly owned 2,746,836 shares in the company, valued at

Amplify Energy Corp (AMPY) offers a pure oil price trade, currently trading at a discount to asset value. AMPY is debt-free after recent asset sales, enhancing its attractiveness versus peers with leveraged balance sheets. Beta operations provide upside as 5-8 wells are planned to be drilled this year.

HOUSTON, March 09, 2026 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify,” the “Company,” “us,” or “our”) announced today updates to its strategic initiatives, year-end 2025 proved reserves, operating and financial results for the fourth quarter and full-year 2025, and full-year 2026 development plans and guidance for the Company. Strategic Initiatives Update In the third quarter of 2025, Amplify communicated its strategic plan with three core tenets: (1) simplify the portfolio, (2) strengthen the balance sheet, and (3) focus resources on our assets with the highest potential upside opportunities.
Amplify Energy Corp. engages in the acquisition, development, exploitation, and production of oil and natural gas properties in the United States. The company's properties consist of operated and non-operated working interests in producing and undeveloped leasehold acreage, as well as working interests in identified producing wells located in Oklahoma, the Rockies, federal waters offshore Southern California, East Texas/North Louisiana, and Eagle Ford. As of December 31, 2021, it had total estimated proved reserves of approximately 121.2 million barrels of oil equivalent; and 2,417 gross producing wells. The company is headquartered in Houston, Texas.
Energy
Oil & Gas Exploration & Production
229
2012-04-20
-0.13