Financial Data and Key Metrics Changes - Amplify Energy reported a net loss of approximately $5.9 million for Q1 2025, an improvement from a net loss of $7.4 million in the prior quarter, primarily due to a noncash unrealized loss on commodity derivatives [20] - Adjusted EBITDA for Q1 2025 was $19.4 million, a decrease of approximately $2.4 million compared to the previous quarter, attributed to higher lease operating expenses and G&A costs [20] - Lease operating expenses were approximately $37.4 million, reflecting a $2.3 million increase from the prior quarter [11] Business Line Data and Key Metrics Changes - Average daily production was approximately 17.9 MBOE per day, a decrease of 0.6 MBOE per day from the prior quarter, with a commodity mix of 46% oil, 16% NGLs, and 38% natural gas [9] - The Beta field production increased by approximately 35% since early 2024 due to the success of recent completions [5] - The C 54 well in the Beta field achieved an initial production rate of approximately 800 barrels of oil per day, marking it as the strongest well in the program [5][17] Market Data and Key Metrics Changes - The company monetized portions of its Haynesville acreage, generating a total of $9.2 million in net proceeds from three transactions since November 2024 [6][7] - The annual production guidance for 2025 has been adjusted to a range of 19,000 to 20,500 BOE per day due to the reduction of the capital program [11] Company Strategy and Development Direction - The company plans to temporarily defer three development projects at Beta, resulting in capital savings of approximately $50 million, while maintaining a focus on strong free cash flow and a healthy balance sheet [8] - Amplify intends to continue focusing on cost reductions and evaluating portfolio optimization opportunities to accelerate Beta development as market conditions improve [9] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the long-term potential of the Beta development program, citing strong results from recent wells and a commitment to maintaining a strong cash flow profile [27][28] - The company is actively monitoring market conditions and will consider adding back wells to the development program if commodity prices improve [35] Other Important Information - The company's total capital investment for Q1 was $23.1 million, with approximately 55% allocated to Beta development [12] - Amplify's liquidity at the end of Q1 was $20 million, with a net debt to last twelve months adjusted EBITDA ratio of 1.3 times [24] Q&A Session Summary Question: What is the goal for bank debt by year-end? - Management aims to generate positive free cash flow and reduce debt, targeting a leverage ratio of half a turn to one turn [31] Question: What oil price is needed to resume development at Beta? - Management indicated that a price in the sixties would be favorable for resuming development, alongside sufficient liquidity [35] Question: Are there other opportunities for portfolio optimization beyond Haynesville? - Management is exploring all potential opportunities in the portfolio to create liquidity and redeploy funds into higher return projects at Beta [36]

Company Performance - Amplify Energy reported quarterly earnings of $0.10 per share, missing the Zacks Consensus Estimate of $0.11 per share, compared to a loss of $0.24 per share a year ago, indicating an earnings surprise of -9.09% [1] - The company posted revenues of $72.05 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 6.77%, and down from $76.3 million year-over-year [2] - Over the last four quarters, Amplify Energy has surpassed consensus EPS estimates only once and has not beaten consensus revenue estimates [2] Stock Performance - Amplify Energy shares have declined approximately 51.8% since the beginning of the year, contrasting with the S&P 500's decline of -3.8% [3] - The current consensus EPS estimate for the upcoming quarter is $0.14 on revenues of $73.1 million, and for the current fiscal year, it is $0.67 on revenues of $306.2 million [7] Industry Outlook - The Oil and Gas - Exploration and Production - United States industry is currently in the bottom 25% of over 250 Zacks industries, suggesting a challenging environment for stocks in this sector [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Amplify Energy's stock performance [5]

NYSE: AMPY Amplify Energy Corp. May 2025 Investor Presentation May 12, 2025 Forward Looking Statements This presentation includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included in this presentation that address activities, events or developments that the Company expects, believes or anticipates will or may occur in t ...

Financial Performance - Oil and natural gas sales for Q1 2025 were $70.3 million, a decrease of 6.6% from $75.3 million in Q1 2024[165]. - Net loss for Q1 2025 was $5.9 million, an improvement from a net loss of $9.4 million in Q1 2024[164]. - Adjusted EBITDA for the three months ended March 31, 2025, was $19.444 million, down from $24.901 million in the prior year[186]. - For the three months ended March 31, 2025, the company reported a net loss of $5.861 million, an improvement from a net loss of $9.396 million in the same period of 2024[180]. Production and Sales - Average net production volumes decreased to 17.9 MBoe/d in Q1 2025 from 20.2 MBoe/d in Q1 2024, reflecting a decline of approximately 11.4%[165]. - The average realized sales price increased to $43.76 per Boe in Q1 2025 from $40.89 per Boe in Q1 2024, driven by higher natural gas and NGL prices[165]. - Production volumes for Q1 2025 were approximately 17.9 MBoe/d, down from 20.2 MBoe/d in Q1 2024, indicating a decrease of about 11.4%[203]. - The average realized sales price increased to $43.76 per Boe in Q1 2025 from $40.89 per Boe in Q1 2024, reflecting an increase of approximately 7.3%[203]. Expenses - Lease operating expenses were $37.4 million in Q1 2025, down from $38.3 million in Q1 2024, with per Boe costs rising to $23.28 from $20.78[167]. - General and administrative expenses increased to $10.8 million in Q1 2025 from $9.8 million in Q1 2024, primarily due to higher legal and stock compensation expenses[170]. - The company incurred acquisition and divestiture-related expenses of $1.629 million for the three months ended March 31, 2025, compared to $14,000 in the same period of 2024[186]. - The company expects to incur professional fees and expenses of approximately $3.0 million related to the termination of the contemplated merger with Juniper Capital[189]. Cash Flow and Capital Expenditures - Net cash provided by operating activities increased significantly to $25.501 million for the three months ended March 31, 2025, compared to $7.712 million for the same period in 2024[202]. - Net cash used in investing activities was $21.5 million in Q1 2025, compared to $23.7 million in Q1 2024, showing a reduction of approximately 9.3%[205]. - Total capital expenditures for the three months ended March 31, 2025, were approximately $23.1 million, primarily related to the development program at Beta and drilling activities in East Texas and the Eagle Ford[193]. Debt and Working Capital - As of March 31, 2025, the company had a working capital deficit of $12.5 million, with accrued liabilities of $40.3 million and accounts payable of $19.9 million[195]. - The aggregate principal amount of loans outstanding under the Revolving Credit Facility as of March 31, 2025, was $125.0 million, with $20.0 million available for borrowings[196]. - Net repayments related to the Revolving Credit Facility were $2.0 million in Q1 2025, significantly lower than $25.0 million in Q1 2024[208]. Commodity Derivatives and Market Conditions - The company recognized a net loss on commodity derivative instruments of $14.3 million in Q1 2025, compared to a loss of $16.6 million in Q1 2024[171]. - The company expects commodity prices to remain volatile due to various economic factors, including inflation and geopolitical tensions[153]. - Commodity hedging remains a key strategy for the company, aiming to cover at least 50% - 75% of estimated production from total proved developed producing reserves over a one-to-three-year period[191]. Other Transactions and Events - The company sold certain rights in East Texas for net proceeds of $1.5 million on May 1, 2025[154]. - The contemplated merger with Juniper Capital was terminated on April 25, 2025, with no further effect[155]. - The company received net proceeds of $6.3 million from the purchase and sale of certain rights in East Texas in January 2025[206]. - Shares withheld for taxes amounted to $2.0 million in Q1 2025, compared to $1.7 million in Q1 2024, indicating an increase of approximately 17.6%[208]. - As of March 31, 2025, the company had no off-balance sheet arrangements[209].

Exhibit 99.1 Amplify Energy Announces First Quarter 2025 Results, Beta Development Update and Updated Full-Year 2025 Guidance HOUSTON, May 12, 2025 -- Amplify Energy Corp. (NYSE: AMPY) ("Amplify," the "Company," "us," or "our") announced today its operating and financial results for the first quarter of 2025 and updated full-year 2025 guidance for the Company. Beta Development Program Update 1 Key Financial Results During the first quarter of 2025, the Company reported a net loss of approximately $5.9 milli ...

Core Insights - Amplify Energy Corp. reported its operating and financial results for Q1 2025, highlighting strong performance from its Beta oilfield development program and adjustments to its capital plans in response to market conditions [1][5][31]. Financial Performance - The company achieved average total production of 17.9 MBoepd in Q1 2025, a decrease from 18.5 MBoepd in the previous quarter [8][11]. - Net cash provided by operating activities was $25.5 million, while the company reported a net loss of $5.9 million, an improvement from a net loss of $7.4 million in the prior quarter [6][8]. - Adjusted EBITDA for Q1 2025 was $19.4 million, down from $21.8 million in Q4 2024, primarily due to higher lease operating and administrative expenses [7][8]. - Free cash flow was negative $7.2 million, aligning with expectations due to planned capital investments [7]. Production and Operations - The Beta oilfield development program has shown significant potential, with the C54 well achieving an initial production rate of approximately 800 Bopd, marking the strongest performance in the program [4]. - The company completed four new development wells at Beta, increasing production by approximately 35% since early 2024 [4]. - Amplify plans to complete three wells at Beta in 2025, with the next well expected to be a D-Sand completion in Q3 [24][31]. Capital Investment and Guidance - Cash capital investment in Q1 2025 was approximately $23.1 million, with 55% allocated to Beta and 30% to non-operated projects in East Texas and the Eagle Ford [21][22]. - The company has adjusted its full-year 2025 guidance, anticipating a capital investment of approximately $70 million, primarily focused on the Beta development program and non-operated projects [31]. Market and Pricing - The company expects average commodity prices for crude oil at $61.75/Bbl and natural gas at $3.60/MMBtu for 2025, reflecting recent market volatility [31]. - Amplify's product mix for Q1 2025 was 46% crude oil, 16% NGLs, and 38% natural gas, with total revenues from oil, natural gas, and NGLs approximately $70.3 million before derivatives [12][11]. Hedging Strategy - Amplify maintains a robust hedge book to support its cash flow, recently adding crude oil swaps for the first half of 2026 at a weighted average price of $62.55 per barrel [34][35].

Group 1 - Avanos Medical, Inc. (AVNS) is a medical technology company focusing on delivering medical device solutions, with a Zacks Consensus Estimate for its current year earnings revised 17.7% downward over the last 60 days [1] - Boise Cascade Company (BCC) is a manufacturer of wood products and building materials, with a Zacks Consensus Estimate for its current year earnings revised 1.6% downward over the last 60 days [1] - Amplify Energy Corp. (AMPY) is an explorer and producer of oil and natural gas, with a Zacks Consensus Estimate for its current year earnings revised 48.5% downward over the last 60 days [2]

Group 1 - Amplify Energy Corporation (AMPY) has signed a termination agreement with Juniper Capital Advisors, L.P. regarding their merger deal due to extreme market volatility in the energy sector [1] - Juniper Capital Advisors will receive $800,000 in cash as part of the termination agreement, and Amplify Energy has cancelled its planned special stockholder meeting [2] - AMPY plans to provide updates on its business and financial performance during its first-quarter earnings release scheduled for May 12, 2025, focusing on capital allocation and free cash flow projections [3] Group 2 - AMPY currently holds a Zacks Rank 4 (Sell), while better-ranked stocks in the energy sector include Archrock Inc. (Rank 1), Nine Energy Service, and Kinder Morgan (both Rank 2) [4] - Archrock focuses on midstream natural gas compression services and is expected to see sustained demand due to the role of natural gas in the energy transition [5] - Nine Energy Service provides onshore completion and production services across key U.S. basins and is positioned for growth due to anticipated demand for oil and gas [6] - Kinder Morgan operates a stable midstream business model driven by take-or-pay contracts, which protects it from commodity price volatility, and recently increased its quarterly cash dividend to 29.25 cents, reflecting a 2% increase from the previous year [7]

Core Viewpoint - Amplify Energy Corp. will report its first quarter 2025 financial and operating results on May 12, 2025, after U.S. financial markets close, with a conference call scheduled for May 13, 2025, to discuss the results [1]. Company Overview - Amplify Energy Corp. is an independent oil and natural gas company involved in the acquisition, development, exploitation, and production of oil and natural gas properties [2]. - The company's operations are primarily located in Oklahoma, the Rockies (Bairoil), federal waters offshore Southern California (Beta), East Texas/North Louisiana, and the Eagle Ford (Non-op) [2]. Investor Relations - Key contacts for investor relations include Jim Frew, SVP & Chief Financial Officer, and Michael Jordan, Director of Finance and Treasurer [3].

HOUSTON, April 25, 2025 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify” or the “Company”) announced today that the Company and Juniper Capital Advisors, L.P. (“Juniper”) have entered into a mutual termination agreement (“Termination Agreement”) to terminate (the “Termination”) the previously announced Agreement and Plan of Merger (the “Merger Agreement”) in light of the extraordinary volatility in the market. In accordance with the terms of the Termination Agreement, Juniper is receiving a ...