Amplify Energy (US:AMPY)2025-08-07 15:00Financial Performance & Valuation - Amplify's enterprise value is $283 million, including a market capitalization of $153 million and net debt of $130 million as of June 30, 2025[15] - The company's LTM Adjusted EBITDA as of 2Q25 is $86 million, with a net debt to LTM Adjusted EBITDA ratio of 15x[15] - The implied equity value per share, based on proved reserves, shows a premium to the recent share price, with a potential premium of 147% at $65 WTI and $400 Henry Hub flat pricing[22] Asset Portfolio & Operations - The company's asset portfolio includes Beta, Bairoil, ETX/NLA (East Texas/North Louisiana), and Oklahoma, with a total production of 179 thousand barrels of oil equivalent per day (MBoe/d), 62% liquids, and 94 million barrels of oil equivalent (MMBoe) in proved reserves[15] - The Beta asset has approximately 17000 net acres and produced 39 MBoe/d with 100% oil, with proved reserves of 17 MMBoe[15] - East Texas/North Louisiana (ETX/NLA) has approximately 180000 net acres and produced 64 MBoe/d with 32% liquids, with proved reserves of 35 MMBoe[15] Strategy & Outlook - The company divested its non-operated Eagle Ford asset, generating $23 million in net proceeds, and is currently undergoing a monetization process for its East Texas and Oklahoma assets[18] - Amplify is guiding for 2025 free cash flow (FCF) of $0 - $10 million and has reduced net debt by approximately $60 million from year-end 2022 to 2Q25[18] - The company's legacy proved developed (PD) reserves base is expected to generate substantial free cash flow over the next ten years, with an average decline rate of approximately 5% annually through 2034[30]