Amplify Energy | 10-Q: FY2025 Q3 Revenue Misses Estimate at USD 66.4 M

Revenue: As of FY2025 Q3, the actual value is USD 66.4 M, missing the estimate of USD 69.53 M.

EPS: As of FY2025 Q3, the actual value is USD -0.52.

EBIT: As of FY2025 Q3, the actual value is USD -22.66 M.

Segment Revenue

• Oil and Natural Gas Sales: $64.2 million for the three months ended September 30, 2025, compared to $68.1 million for the same period in 2024. For the nine months ended September 30, 2025, sales were $201.4 million, compared to $215.8 million in 2024.

Operational Metrics

• Net Income (Loss): Net loss of $20.4 million for the nine months ended September 30, 2025, compared to net income of $20.4 million for the same period in 2024.
• Lease Operating Expense: $35.6 million for the three months ended September 30, 2025, compared to $33.3 million for the same period in 2024. For the nine months ended September 30, 2025, expenses were $111.7 million, compared to $107.9 million in 2024.
• General and Administrative Expense: $11.8 million for the three months ended September 30, 2025, compared to $8.3 million for the same period in 2024. For the nine months ended September 30, 2025, expenses were $33.8 million, compared to $26.4 million in 2024.

Cash Flow

• Net Cash Provided by Operating Activities: $62.6 million for the nine months ended September 30, 2025, compared to $38.8 million for the same period in 2024.
• Net Cash Used in Investing Activities: $56.6 million for the nine months ended September 30, 2025, compared to $62.7 million in 2024.

Unique Metrics

• Impairment Expense: $42.5 million for the nine months ended September 30, 2025, due to reassessment of fair market value less costs to sell.

Future Outlook and Strategy

• Core Business Focus: Amplify Energy Corp. plans to fund its 2025 capital program from internally generated cash flow, with flexibility to utilize borrowings under its Revolving Credit Facility and access debt and equity capital markets. The company aims to optimize its portfolio to reduce debt and accelerate Beta development.
• Non-Core Business: The company has completed divestitures of assets in East Texas and Oklahoma in 2025, with plans to continue reviewing its asset portfolio to ensure alignment with strategic initiatives.