Business Context and Reporting Period
Company: Amplify Energy Corp. (NYSE: AMPY)
Filing Type: Form 8-K (Current Report)
Date of Report: November 4, 2025
Event: Entry into a Material Definitive Agreement regarding the sale of oil and gas assets.
Key Financial Metrics
This filing reports a specific transaction rather than periodic financial results. Key metrics related to the transaction include:
- Transaction Value: $92.5 million (cash purchase price, subject to customary adjustments).
- Deposit Received: $9.25 million (10.0% of the unadjusted purchase price deposited in escrow).
- Expected Closing: December 2025.
Note: The filing does not provide current period revenue, profit, cash flow, margins, debt, or liquidity metrics for the company as a whole.
Material Changes
On November 4, 2025, Amplify Oklahoma Operating LLC and Magnify Energy Services LLC (subsidiaries of Amplify Energy Corp.) entered into a Purchase and Sale Agreement with Revolution Resources III, LLC. The agreement involves the sale of specified oil and gas properties and equipment located in Oklahoma. This represents a material reduction in the company's asset base in that region, pending the closing of the transaction.
Outlook, Risks, and Management Commentary
- Transaction Status: The asset sale is expected to close in December 2025.
- Conditions: The purchase price is subject to customary adjustments under the agreement.
- Risk Disclosure: The filing explicitly states that representations and warranties in the agreement are qualified by disclosure schedules and materiality standards specific to the contracting parties. Investors are advised not to rely on these representations as characterizations of actual facts.
- Management Action: A press release detailing the transaction was issued on November 5, 2025 (Item 7.01).
Investor Verification Checklist
- Verify the final closing date of the asset sale in December 2025.
- Confirm the final purchase price after customary adjustments are applied.
- Review the full Purchase and Sale Agreement (Exhibit 2.1) for specific asset details and indemnification provisions.
- Monitor subsequent filings for the impact of this asset sale on the company's consolidated balance sheet and cash flow.