Amplify Energy — Third Quarter 2026 Earnings Summary

Amplify Energy reported a net loss of $18.9 million for the third quarter of 2026, primarily driven by a $24.6 million non-cash unrealized loss on commodity derivatives, while generating $10.8 million in Adjusted EBITDA. The company achieved an average daily production of 7.4 million barrels of oil equivalent, representing a 9% increase from the prior quarter, supported by strong performance from new wells at its Beta asset and reduced operating costs at Bairoil. Effective November 1, 2026, Amplify secured Special Case Royalty Relief at Beta, lowering the royalty rate to approximately 12.4% and extending the field's economic life. Additionally, the company repurchased 1.6 million shares for $6.9 million and maintained a liquidity position of $25.0 million with no outstanding debt on its revolving credit facility.