Amplify Energy Corp. (AMPY) Earnings
Amplify Energy Corp. is expected to report next earnings on August 5, 2026 (in NaN days), with a consensus EPS estimate of $0.08. AMPY has beaten EPS estimates in 6 of its last 12 reported quarters (average surprise -233.8% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 11, 2026 | $0.06 | $0.13 | +136.4% | $37M | -1.7% |
| Mar 9, 2026 | $0.12 | $-0.24 | -300.0% | $57M | +50.6% |
| Nov 5, 2025 | $0.21 | $-0.15 | -171.4% | $66M | -6.6% |
| Aug 6, 2025 | $0.02 | $-0.10 | -600.0% | $68M | -7.2% |
| Mar 5, 2025 | $0.30 | $0.13 | -56.7% | $69M | -12.2% |
| Mar 6, 2024 | $0.19 | $1.07 | +463.2% | $79M | +3.6% |
| May 3, 2023 | $-0.05 | $-0.06 | -31.3% | $80M | +25.2% |
| Mar 9, 2023 | $-0.07 | $0.74 | +1157.1% | $99M | +40.5% |
| Nov 1, 2022 | $0.17 | $1.17 | +588.2% | $126M | +68.6% |
| Aug 3, 2022 | $-0.25 | $0.73 | +392.0% | $122M | — |
| May 4, 2022 | $-0.22 | $-1.27 | -477.3% | $111M | +19.8% |
| Mar 9, 2022 | $0.26 | $0.94 | +261.5% | $93M | +41.7% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2025 · May 13, 2025
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
- **Beta Field Development**: Continues to build on success of 2024 program; C54 well is strongest in the program. Four new development wells online have increased Beta production by ~35% since early 2024. D-Sand completions outperform type curve, indicating upside to valuation. - **East Texas Monetization**: Sold Haynesville interests in Harrison, Panola, and Shelby Counties, generating net proceeds. Retained 10% working interest in non-operated development opportunities. - **Capital Budget**: Temporarily deferred three development projects at Beta, saving ~$50 million due to oil price reduction. Conducting review of additional cost savings opportunities in capital projects, operating costs, and overhead. - **Operational Updates**: C48 well completed (originally D-Sand but pivoted to C-Sand), current production ~100 bbl/day; Beta drilling team enhanced procedures with managed pressure drilling for C54 well success.
Guidance
- Temporarily deferred three Beta development projects, resulting in ~$50 million capital savings. - 2025 production guidance adjusted to 19,000-20,500 BOE per day. - Intend to complete 3 wells at Beta in 2025, with option to add back wells if commodity prices improve. - Conducting review of additional cost savings opportunities in capital projects, operating costs, and overhead.
Segment performance
**Beta Field**: Amplify generated $19.4 million of adjusted EBITDA, 17,900 BOE per day in the first quarter. The C54 well had an IP20 of approximately 800 barrels of oil per day. At year-end 2024, there were 25 PUD locations on reserves, 21 in the D-Sand, with a PV-10 value of ~$144 million at $65 flat WTI oil. **East Texas Haynesville Acreage**: Amplify monetized portions of its Haynesville acreage, generating $9.2 million net in total proceeds from three transactions since November 2024, while retaining a 10% working interest in non-operated development opportunities.
Risks & headwinds
- Commodity price volatility impacting capital investment decisions for Beta projects. - Adverse drilling conditions encountered in C48 well affecting production and costs. - Uncertainty in market conditions affecting the timing and feasibility of asset monetization and development projects.
Analyst Q&A
Q: Do you have a goal in mind to exit the year with bank debt? And what oil price would be needed to go back to the Beta development program?
A: Jim Frew states goal is to generate positive free cash flow and pay down debt, aiming for 0.5 to 1 turn of leverage. Martyn Willsher adds that Beta development depends on oil price, commodity price, and liquidity; would look to ramp up if oil prices move up in the 60s and liquidity has cushion.
Q: Are we talking more about Haynesville or other opportunities for portfolio optimization?
A: Martyn Willsher says looking at all potential opportunities in portfolio other than Beta that create liquidity to redeploy funds into higher return projects at Beta.