Amplify Energy Corp. - 8-K Filing
Amplify Energy Corp. reported Q1 2026 results with revenue excluding hedges at $37.5M and a net loss of $38.1M driven by a $43.4M non-cash unrealized loss on commodity derivatives, alongside Adjusted EBITDA of $3.8M and average production of 6.4 MBopd (all oil). The company secured royalty relief at its Beta field effective May 1, reducing royalties from 25% to ~12.5%, boosting net production by over 600 BOPD and generating incremental revenue of $1M/month at current prices. (Items: 2.02 Results of Operations and Financial Condition, 7.01 Regulation FD Disclosure, 9.01 Financial Statements and Exhibits)
Tickers: $AMPY