Sell:$2.59Buy:$2.60$0.25
(8.83%)
Amplify Energy Corp. is an independent oil and natural gas company. The Company is engaged in the acquisition, development, exploitation and production of oil and natural gas properties. The Company’s operations are focused on Oklahoma, the Rockies (Bairoil), federal waters offshore Southern California (Beta), East Texas/ North Louisiana, and the Eagle Ford (Non-op). The Company’s properties consist primarily of operated and non-operated working interests in producing and undeveloped leasehold acreage and working interests in identified producing wells. Its estimated proved reserves were approximately 93.0 million barrels of oil equivalent (MMBoe), consisting of approximately 44% oil, 37% natural gas, and 19% NGLs, and 88% were classified as proved developed reserves. The Company’s subsidiaries include Amplify Energy Holdings LLC, Amplify Oklahoma Operating LLC, Amplify Energy Services LLC, San Pedro Bay Pipeline Company, Beta Operating Company, LLC, among others.
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