Amplify Energy Corp
For the period ended Dec 31, 2024. Filed Mar 5, 2025.
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FY2024 · Filed Mar 5, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
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Signatures
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| | Amplify Energy Corp. | |
|---|---|---|
| | (Registrant) | |
| | | |
| Date: March 5, 2025 | By: | /s/ James Frew |
| | Name: | James Frew |
| | Title: | Senior Vice President and Chief Financial Officer |
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in their capacities and on the dates indicated.
| Name | Title (Position with Amplify Energy Corp.) | Date | |||
|---|---|---|---|---|---|
| | | | | | |
| /s/ Martyn Willsher | | President and Chief Executive Officer | | March 5, 2025 | |
| Martyn Willsher | | (Principal Executive Officer) | | | |
| | | | | | |
| /s/ James Frew | | Senior Vice President and Chief Financial Officer | | March 5, 2025 | |
| James Frew | | (Principal Financial Officer) | | | |
| | | | | | |
| /s/ Eric Dulany | | Vice President and Chief Accounting Officer | | March 5, 2025 | |
| Eric Dulany | | (Principal Accounting Officer) | | | |
| | | | | | |
| /s/ Christopher W. Hamm | | Chairman and Director | | March 5, 2025 | |
| Christopher W. Hamm | | | | | |
| | | | | | |
| /s/ Deborah Adams | | Director | | March 5, 2025 | |
| Deborah Adams | | | | | |
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| /s/ James E. Craddock | | Director | | March 5, 2025 | |
| James E. Craddock | | | | | |
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| /s/ Patrice Douglas | | Director | | March 5, 2025 | |
| Patrice Douglas | | | | | |
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| /s/ Vidisha Prasad | | Director | | March 5, 2025 | |
| Vidisha Prasad | | | | | |
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| /s/ Todd R. Snyder | | Director | | March 5, 2025 | |
| Todd R. Snyder | | | | | |
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**ITEM 8.**FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
AMPLIFY ENERGY CORP.
INDEX TO FINANCIAL STATEMENTS
| | |
|---|---|
| | Page No. |
| Report of Independent Registered Public Accounting Firm (PCAOB ID 34) | F-2 |
| Consolidated Balance Sheets as of December 31, 2024 and December 31, 2023 | F-4 |
| Consolidated Statements of Operations for the years ended December 31, 2024 and 2023 | F-5 |
| Consolidated Statements of Cash Flows for the years ended December 31, 2024 and 2023 | F-6 |
| Consolidated Statements of Equity for the years ended December 31, 2024 and 2023 | F-7 |
| Notes to Consolidated Financial Statements | F-8 |
| Note 1 – Organization and Basis of Presentation | F-8 |
| Note 2 – Summary of Significant Accounting Policies | F-8 |
| Note 3 – Revenues | F-13 |
| Note 4 – Acquisition and Divestitures | F–14 |
| Note 5 – Fair Value Measurements of Financial Instruments | F-15 |
| Note 6 – Risk Management and Derivative Instruments | F-17 |
| Note 7 – Asset Retirement Obligations | F-19 |
| Note 8 – Restricted Investments | F-19 |
| Note 9 – Long-Term Debt | F-20 |
| Note 10 – Equity (Deficit) | F-21 |
| Note 11 – Earnings per Share | F-22 |
| Note 12 – Equity-based Awards | F-22 |
| Note 13 – Leases | F-25 |
| Note 14 – Supplemental Disclosures to the Consolidated Balance Sheet and Condensed Statement of Cash Flows | F-26 |
| Note 15 – Related Party Transactions | F-27 |
| Note 16 – Segment Reporting | F-27 |
| Note 17 – Beta Pipeline Incident | F-28 |
| Note 18 – Commitments and Contingencies | F-30 |
| Note 19 – Income Tax | F-31 |
| Note 20 – Supplemental Oil and Gas Information (Unaudited) | F-34 |
| Note 21 – Subsequent Events | F-37 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.