Amplify Energy Corp. (AMPY) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
500 DALLAS STREET HOUSTON, TX 77002 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 1311 - Crude Petroleum and Natural Gas (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 18,799 | 10,364 | 11,341 | 68,498 | |||||
| Cash and cash equivalents | 18,799 | 10,364 | 11,341 | 68,498 | |||||
| Restricted cash and investments | 325 | ||||||||
| Receivables | 80,455 | 91,967 | 30,901 | 33,145 | 23,539 | 32,621 | |||
| Derivative instruments and hedges, assets | 5,879 | 6,940 | 762 | ||||||
| Other current assets | 1,684 | 1,510 | |||||||
| Other undisclosed current assets | 18,789 | 15,018 | 15,572 | 13,238 | 2,474 | 3,297 | |||
| Total current assets: | 99,244 | 125,784 | 56,837 | 52,587 | 45,978 | 106,688 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 7,376 | 2,716 | 2,500 | 4,406 | ✕ | ✕ | |||
| Property, plant and equipment | 339,292 | 320,285 | 317,246 | 803,723 | 574,462 | ||||
| Derivative instruments and hedges | 873 | 6,364 | 791 | ||||||
| Restricted cash and investments | 11,326 | 4,622 | 4,623 | 4,622 | |||||
| Deferred income tax assets | ✕ | ✕ | |||||||
| Other noncurrent assets | 2,240 | 1,693 | 2,680 | 5,837 | 5,257 | 6,978 | |||
| Total noncurrent assets: | 360,234 | 329,316 | 327,922 | 824,952 | 6,048 | 581,440 | |||
| Other undisclosed assets | 553,469 | ||||||||
| TOTAL ASSETS: | 459,478 | 455,100 | 384,759 | 877,539 | 605,495 | 688,128 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 96,863 | 91,645 | 23,475 | 31,668 | 32,032 | 54,389 | |||
| Accounts payable | 38,414 | 33,819 | 798 | 8,310 | 6,511 | 11,547 | |||
| Accrued liabilities | 58,449 | 57,826 | 22,677 | 23,358 | 25,521 | 42,842 | |||
| Derivative instruments and hedges, liabilities | 20,884 | 53,144 | 10,824 | 253 | 3,433 | ||||
| Other undisclosed current liabilities | 22,105 | 20,374 | 22,563 | 29,167 | |||||
| Total current liabilities: | 139,852 | 165,163 | 56,862 | 61,088 | 32,032 | 57,822 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 190,000 | 232,017 | 260,782 | 287,720 | 23,059 | 128,059 | |||
| Long-term debt, excluding current maturities | 190,000 | 230,000 | 260,516 | 285,000 | 23,059 | 128,059 | |||
| Liabilities, other than long-term debt | 134,191 | 122,761 | 100,852 | 94,524 | 8,727 | 16,660 | |||
| Asset retirement obligations | 114,614 | 102,398 | 96,725 | 90,466 | 8,087 | 15,506 | |||
| Other liabilities | 13,010 | 10,699 | 3,280 | 3,753 | 560 | 592 | |||
| Operating lease, liability | 6,567 | 2,017 | 266 | 2,720 | ✕ | ✕ | |||
| Derivative instruments and hedges, liabilities | 9,664 | 847 | 305 | 80 | 562 | ||||
| Total noncurrent liabilities: | 324,191 | 354,778 | 361,634 | 382,244 | 31,786 | 144,719 | |||
| Total liabilities: | 464,043 | 519,941 | 418,496 | 443,332 | 63,818 | 202,541 | |||
| Equity | |||||||||
| Equity, attributable to parent | (4,565) | (64,841) | (33,737) | 434,207 | 541,677 | 485,587 | |||
| Common stock | 386 | 382 | 378 | 209 | 255 | 253 | |||
| Treasury stock, value | (2,455) | (1,603) | |||||||
| Additional paid in capital | 432,251 | 425,066 | 424,104 | 424,399 | 531,911 | 524,755 | |||
| Retained earnings (accumulated deficit) | (437,202) | (495,077) | (463,007) | 4,809 | (25,363) | (75,147) | |||
| Warrants and rights outstanding | 4,788 | 4,788 | 4,790 | 37,329 | 37,329 | ||||
| Total equity: | (4,565) | (64,841) | (33,737) | 434,207 | 541,677 | 485,587 | |||
| TOTAL LIABILITIES AND EQUITY: | 459,478 | 455,100 | 384,759 | 877,539 | 605,495 | 688,128 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 458,456 | 342,916 | 202,144 | 275,575 | 208,637 | 228,753 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 228,753 | |
| Cost of revenue | (337,222) | (336,629) | (133,046) | (224,402) | (14,507) | |||
| Cost of goods and services sold | (29,110) | (20,807) | (14,507) | |||||
| Gross profit: | 121,234 | 6,287 | 69,098 | 51,173 | 208,637 | 214,246 | ||
| Operating expenses | (49,245) | (31,896) | (510,987) | (63,144) | (154,386) | (308,247) | ||
| Other operating income (expense), net | (965) | (68) | 250 | (798) | ||||
| Other undisclosed operating income (loss) | 965 | 68 | (250) | 798 | 14,507 | |||
| Operating income (loss): | 71,989 | (25,609) | (441,889) | (11,971) | 54,251 | (79,494) | ||
| Nonoperating income (expense) | (14,003) | (6,455) | (21,460) | (22,219) | (4,467) | (5,583) | ||
| Interest and debt expense | 5,516 | (4,500) | (5,592) | |||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 57,986 | (26,548) | (463,349) | (34,190) | 45,284 | (90,669) | ||
| Other undisclosed income from continuing operations before income taxes | 4,500 | 5,592 | ||||||
| Income (loss) from continuing operations before income taxes: | 57,986 | (26,548) | (463,349) | (34,190) | 49,784 | (85,077) | ||
| Income tax expense (benefit) | (111) | (115) | 50 | |||||
| Other undisclosed loss from continuing operations | ||||||||
| Income (loss) from continuing operations: | 57,875 | (26,548) | (463,464) | (34,140) | 49,784 | (85,077) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | (26,548) | (463,464) | (34,140) | 49,784 | (85,077) | ||
| Other undisclosed net loss | (5,522) | (566) | (1,057) | |||||
| Net income (loss) attributable to parent: | 57,875 | (32,070) | (464,030) | (35,197) | 49,784 | (85,077) | ||
| Undistributed earnings (loss) allocated to participating securities, basic | (2,728) | |||||||
| Other undisclosed net loss available to common stockholders, basic | (1,394) | |||||||
| Net income (loss) available to common stockholders, diluted: | 55,147 | (32,070) | (464,030) | (35,197) | 48,390 | (85,077) | ||
Comprehensive Income ($ in thousands)
| 6/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 57,875 | (32,070) | (464,030) | (35,197) | 49,784 | (85,077) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 57,875 | (32,070) | (464,030) | (35,197) | 49,784 | (85,077) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.