Amplify Energy Corp.
Business
Amplify Energy Corp. is an independent oil and natural gas exploration, development, and production company operating producing properties through its wholly owned subsidiary. Following significant divestitures completed in 2025, the company operates two producing asset regions: the Beta field in federal waters offshore Southern California and the Bairoil complex in Wyoming. The company is the operator of all properties and generates revenue from the sale of crude oil and natural gas to major customers.
Summary from 10-K filed 2026-03-09
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Total revenues | 263 | 295 | 308 | 458 | 343 | |
| Lease operating expense | 141 | 143 | 138 | 132 | 121 | |
| Gathering, processing and transportation | 18 | 18 | 21 | 29 | 21 | |
| Taxes other than income | 16 | 21 | 23 | 33 | 22 | |
| Depreciation, depletion and amortization | 32 | 33 | 28 | 24 | 28 | |
| Impairment expense | 43 | 0 | — | — | — | |
| General and administrative expense | 52 | 36 | 33 | 30 | 25 | |
| Accretion of asset retirement obligations | 9 | 8 | 8 | 7 | 7 | |
| Loss (gain) on commodity derivative instruments | −28 | 2 | −40 | 107 | 142 | |
| Pipeline incident loss | 2 | 4 | 20 | 11 | 2 | |
| (Gain) loss on sale of properties | −100 | −1 | — | — | — | |
| Other, net | 1 | 531,000 | 1 | 965,000 | 68,000 | |
| Total costs and expenses | 186 | 264 | 231 | 386 | 369 | |
| Operating income (loss) | 77 | 30 | 76 | 72 | −26 | |
| Interest expense, net | −16 | −15 | −18 | −14 | −12 | |
| Other income (expense) | −524,000 | −447,000 | 399,000 | 98,000 | 128,000 | |
| Total other income (expense) | −16 | −15 | 68 | −14 | −6 | |
| Income (loss) before income taxes | 61 | 15 | 144 | 58 | — | |
| Income tax (expense) benefit - current | 1 | −232,000 | −5 | −111,000 | — | |
| Income tax (expense) benefit - deferred | −18 | −2 | 254 | — | — | |
| Net income (loss) | 44 | 13 | 393 | 58 | −32 | |
| Net income (loss) available to common stockholders, Basic | 42 | 12 | 375 | 55 | — | |
| Net income (loss) available to common stockholders, Diluted | 42 | 12 | — | — | — | |
| Net income (loss) allocated to participating securities | 2 | 622,000 | 18 | 3 | 0 | |
| Basic earnings (loss) per share (in $ per share) | 1.03 | 0.31 | 9.63 | 1.44 | −0.84 | |
| Diluted earnings (loss) per share (in $ per share) | 1.03 | 0.31 | 9.63 | 1.44 | −0.84 | |
| Basic (in shares) | 40 | 40 | 39 | 38 | 38 | |
| Diluted (in shares) | 40 | 40 | 39 | 38 | 38 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 61 | — | 21 | 0 | 19 | |
| Accounts receivable, net (see Note 14) | 30 | 40 | 39 | 80 | 92 | |
| Short-term derivative instruments | 15 | 6 | 18 | 0 | — | |
| Prepaid expenses and other current assets | 24 | 26 | 21 | 19 | 15 | |
| Total current assets | 131 | 72 | 98 | 99 | 126 | |
| Oil and natural gas properties, successful efforts method | 389 | 943 | 873 | 840 | 800 | |
| Support equipment and facilities | 155 | 151 | 149 | 147 | 145 | |
| Other | 10 | 11 | 10 | 10 | 10 | |
| Accumulated depreciation, depletion and amortization | −365 | −719 | −686 | −658 | −634 | |
| Property and equipment, net | 189 | 386 | 347 | 339 | 320 | |
| Long-term derivative instruments | 3 | 233,000 | 9 | 0 | 0 | |
| Restricted investments | 40 | 30 | 20 | 11 | 5 | |
| Operating lease - long term right-of-use asset | 3 | 5 | 6 | 7 | 3 | |
| Deferred tax asset | 233 | 252 | 254 | — | — | |
| Other long-term assets | 1 | 3 | 4 | 2 | 2 | |
| Total assets | 601 | 747 | 738 | 459 | 455 | |
| Accounts payable | 18 | 13 | 24 | 38 | 34 | |
| Revenues payable | 6 | 11 | 22 | 22 | 20 | |
| Accrued liabilities (see Note 14) | 35 | 43 | 51 | 58 | 58 | |
| Total current liabilities | 58 | 68 | 96 | 140 | 165 | |
| Long-term debt (see Note 9) | 0 | 127 | 115 | 190 | 230 | |
| Asset retirement obligations | 72 | 130 | 122 | 115 | 102 | |
| Operating lease liability | 3 | 4 | 5 | 7 | 2 | |
| Other long-term liabilities | 9 | 10 | 8 | 13 | 11 | |
| Total liabilities | 142 | 338 | 347 | 464 | 520 | |
| Commitments and contingencies (see Note 17) | — | — | — | — | — | |
| Preferred stock, $0.01 par value: 50,000,000 shares authorized; no shares issued and outstanding at December 31, 2025 and December 31, 2024 | — | — | — | 0 | 0 | |
| Common stock, $0.01 par value: 250,000,000 shares authorized; 40,719,957 and 39,795,138 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively | 407,000 | 399,000 | 393,000 | 386,000 | 382,000 | |
| Additional paid-in capital | 446 | 440 | 435 | 432 | 425 | |
| Accumulated deficit | 13 | −31 | −44 | −437 | −495 | |
| Total stockholders' equity (deficit) | 459 | 409 | 391 | −5 | −65 | |
| Total liabilities and equity | 601 | 747 | 738 | 459 | 455 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net income (loss) | 44 | 13 | 393 | 58 | −32 | |
| Loss (gain) on derivative instruments | −28 | 2 | −40 | 106 | 142 | |
| Cash settlements (paid) received on expired derivative instruments | 17 | 18 | −8 | −148 | −90 | |
| Cash settlements received (paid) on terminated derivative instruments | −93,000 | 793,000 | — | — | — | |
| (Gain) loss on sale of properties | −100 | — | — | — | — | |
| Share-based compensation (see Note 12) | 8 | 7 | 5 | 3 | 1 | |
| Settlement of asset retirement obligations | −1 | −1 | −1 | −923,000 | −296,000 | |
| Amortization and write-off of deferred financing costs | 3 | 1 | 2 | 649,000 | 626,000 | |
| Bad debt expense | 1 | 80,000 | 98,000 | 1,000 | 95,000 | |
| Accounts receivable | 8 | −697,000 | 41 | 3 | −61 | |
| Prepaid expenses and other assets | 758,000 | −8 | −482,000 | −4 | 296,000 | |
| Payables and accrued liabilities | −6 | −24 | −32 | 14 | 74 | |
| Other | 205,000 | — | — | — | — | |
| Net cash provided by operating activities | 49 | 51 | 142 | 64 | 63 | |
| Additions to oil and gas properties | −84 | −72 | −31 | −35 | −29 | |
| Additions to other property and equipment | −976,000 | −1 | −711,000 | — | — | |
| Additions to restricted investments | −10 | −10 | −9 | −7 | 1,000 | |
| Proceeds from the sale of other oil and natural gas properties | 37 | 1 | — | — | — | |
| Net cash provide by (used in) investing activities | 141 | −82 | −39 | −42 | −29 | |
| Advances on Revolving Credit Facility | 126 | 117 | 125 | 5 | 0 | |
| Payments on Revolving Credit Facility | −253 | −105 | −200 | −45 | −25 | |
| Deferred financing costs | −382,000 | −136,000 | −5 | −1 | −25,000 | |
| Shares withheld for taxes | −2 | −2 | −2 | −563,000 | −81,000 | |
| Net cash provide by (used in) financing activities | −130 | 10 | −82 | −42 | −25 | |
| Net change in cash and cash equivalents | 61 | −21 | 21 | −19 | 8 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Amplify Energy Corp.'s CIK number?
Amplify Energy Corp.'s SEC CIK number is 0001533924 (1533924). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Amplify Energy Corp.'s SEC filings?
All of Amplify Energy Corp.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Amplify Energy Corp. last report earnings?
Amplify Energy Corp. (AMPY) most recently filed an earnings 8-K with the SEC on May 11, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001104659-26-058653). This is Amplify Energy Corp.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Amplify Energy Corp.'s most recent earnings 8-K?
Amplify Energy Corp.'s latest earnings 8-K (Item 2.02) was filed May 11, 2026 under accession 0001104659-26-058653. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Amplify Energy Corp.'s latest earnings 8-K →
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