Amplify Energy | 8-K: 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.

Financial Metrics by Segment

Operational Metrics

• Net Loss: Amplify Energy reported a net loss of approximately $21.0 million for the third quarter of 2025, compared to a net income of $6.4 million in the prior quarter. The decrease was primarily due to an impairment charge related to asset marketing and reassessment of fair market value.
• Adjusted Net Loss: Excluding the impact of impairment and other one-time expenses, the adjusted net loss was $6.0 million.
• Adjusted EBITDA: The company achieved an Adjusted EBITDA of $20.3 million, which was 7% higher than the previous quarter, driven by lower lease operating expenses.

Cash Flow

• Free Cash Flow: Free cash flow for the third quarter was - $0.7 million, aligning with expectations due to higher capital investments earlier in the year.
• Net Cash Provided by Operating Activities: The company generated $13.4 million in net cash from operating activities during the third quarter.

Unique Metrics

• CO2 Purchase Contract: At Bairoil, Amplify executed a new CO2 purchase contract and completed a CO2 gas plant facility project, resulting in projected annualized lease operating expense savings of approximately $10 million per year.

Outlook / Guidance

• The company anticipates the divestiture of its assets in East Texas and Oklahoma, which is expected to impact its business and future financial and operating results. The company also plans to use the proceeds from these asset transactions strategically. Amplify Energy plans to use proceeds from asset divestitures to pay down outstanding debt and accelerate development drilling at Beta. The company expects these transactions to materially reduce future G&A costs and enhance cash flow through additional CCUS initiatives at Bairoil.