Amplify Energy reported Q4 revenue of 56554000 and net income of 64411000 primarily due to gains from asset sales. Operationally, the company generated 21460000 of Adjusted EBITDA and modest free cash flow while average production declined sequentially following divestitures and operational adjustments.
Q4 revenue totaled 56554000 driven primarily by oil and natural gas sales.
Net income reached 64411000 largely due to gains from asset divestitures.
Adjusted EBITDA was 21460000 with positive free cash flow of 1966000.
Average daily production declined to 17.1 MBoepd during the quarter.
Amplify expects to focus capital on the Beta asset in 2026 with planned drilling and facility upgrades while maintaining lower costs and evaluating carbon capture opportunities at Bairoil.
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