Amplify Energy Corp.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $202.7M
- Price
- $4.91
- % Change (Daily % change from the live per-ticker quote feed.)
- +2.51%
- Volume
- 556.2K
About
Amplify Energy Corp. is a U.S.-based enterprise focused on the upstream oil and natural gas sector, encompassing the acquisition, development, and production of hydrocarbon assets. Its extensive portfolio includes operated and non-operated working interests in both producing and undeveloped leasehold acreage, as well as stakes in identified producing wells. These assets are geographically dispersed throughout key American regions such as Oklahoma, the Rocky Mountains, federal offshore Southern California, East Texas/North Louisiana, and the Eagle Ford shale play. As of December 31, 2021, the company reported approximately 121.2 million barrels of oil equivalent (BOE) in estimated proved reserves and managed 2,417 gross producing wells. Amplify Energy's corporate headquarters are situated in Houston, Texas.
Quick stats
Shares outstanding41.3M
Computed float34.9M
Float / shares84.6%
Key info
SectorEnergy
IndustryOil & Gas Exploration & Production
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001533924
AI Summary
AI-generated1/10
majorbullishearnings
Amplify Energy Announces Second Quarter 2026 Results and Approval of Share Repurchase Program
Amplify Energy reported Q2 net income of $17.3 million, a sharp reversal from the prior quarter's $38.1 million loss, driven by a $22.6 million non-cash gain on commodity derivatives.
The board authorized a $15 million share repurchase program, representing approximately 10% of outstanding shares, citing a meaningful discount to net asset value.
Operational highlights included a 6% increase in average daily production to 6.8 Mbopd and royalty relief at the Beta field that lowered the royalty burden from 25.0% to 12.5%.
The company updated full-year guidance, lowering lease operating expense estimates to $80-$95 million while projecting Adjusted EBITDA of $30-$40 million.
Red flags
- Free cash flow was negative $12.9 million for the quarter
- Net income was primarily attributable to non-cash unrealized gains on commodity derivatives