Item
2.02. Results of Operations and Financial
Condition.
On May 4, 2022, Amplify Energy Corp., a Delaware corporation (the
“Company”), issued a press release reporting the Company’s
financial and operating results for the first quarter ended March
31, 2022. A copy of the press release is attached hereto as Exhibit
99.1 and is incorporated herein by reference.
The information contained in this Item 2.02 shall not be deemed to
be “filed” for purposes of Section 18 of the Securities Exchange
Act of 1934, as amended (the “Exchange Act”), or otherwise subject
to the liabilities of that section, and shall not be deemed to be
incorporated by reference into any of the Company’s filings under
the Securities Act of 1933, as amended (the “Securities Act”), or
the Exchange Act, whether made before or after the date hereof and
regardless of any general incorporation language in such filings,
except to the extent expressly set forth by specific reference in
such a filing.
Item
7.01. Regulation FD Disclosure.
On May 4, 2022, the Company issued a press release announcing,
among other things, the Company’s financial and operating results
for the first quarter ended March 31, 2022 and updating its
full-year 2022 guidance. A copy of the press release is attached
hereto as Exhibit 99.1 and is incorporated herein by reference.
On May 4, 2022, the Company posted to its website an investor
presentation entitled, “May 2022 Investor Presentation.” The
investor presentation may be accessed by going to the Company’s
Investor Relations website at
https://www.amplifyenergy.com/investor-relations and selecting
Events and Presentations.
The information contained in this Item 7.01 shall not be deemed to
be “filed” for purposes of Section 18 of the Exchange Act, or
otherwise subject to the liabilities of that section, and shall not
be deemed to be incorporated by reference into any of the Company’s
filings under the Securities Act or the Exchange Act, whether made
before or after the date hereof and regardless of any general
incorporation language in such filings, except to the extent
expressly set forth by specific reference in such a filing.
Cautionary Note Regarding Forward-Looking Statements
This Current Report on Form 8-K, including the exhibit hereto,
includes “forward-looking statements.” All statements, other than
statements of historical fact, included in this Current Report on
Form 8-K that address activities, events or developments that the
Company expects, believes or anticipates will or may occur in the
future are forward-looking statements. Terminology such as “may,”
“will,” “would,” “should,” “expect,” “plan,” “project,” “intend,”
“anticipate,” “believe,” “estimate,” “predict,” “potential,”
“pursue,” “target,” “outlook,” “continue,” the negative of such
terms or other comparable terminology are intended to identify
forward-looking statements. These statements include, but are not
limited to, statements about the Company’s expectations of plans,
goals, strategies (including measures to implement strategies),
objectives and anticipated results with respect thereto. These
statements address activities, events or developments that we
expect or anticipate will or may occur in the future, including
things such as projections of results of operations, plans for
growth, goals, future capital expenditures, competitive strengths,
references to future intentions and other such references. These
forward-looking statements involve risks and uncertainties and
other factors that could cause the Company’s actual results or
financial condition to differ materially from those expressed or
implied by forward-looking statements. These include risks and
uncertainties relating to, among other things: the ongoing impact
of the oil incident that occurred off the coast of Southern
California resulting from the Company’s pipeline operations at the
Beta field, the Company’s evaluation and implementation of
strategic alternatives; the Company’s ability to satisfy debt
obligations; the Company’s need to make accretive acquisitions or
substantial capital expenditures to maintain its declining asset
base, including the existence of unanticipated liabilities or
problems relating to acquired or divested business or properties;
volatility in the prices for oil, natural gas and NGLs, the
Company’s ability to access funds on acceptable terms, if at all,
because of the terms and conditions governing the Company’s
indebtedness, including financial covenants; general political and
economic conditions, globally and in the jurisdictions in which we
operate, including escalating tensions between Russia and Ukraine
and the potential destabilizing effect such conflict may pose for
the European continent or the global oil and natural gas markets;
the impact of legislation and governmental regulations, including
those related to climate change and hydraulic fracturing; and the
occurrence or threat of epidemic or pandemic diseases, including
the COVID-19 pandemic, or any government response to such
occurrence or threat. Please read the Company’s filings with the
Securities and Exchange Commission (the “SEC”), including “Risk
Factors” in the Company’s Annual Report on Form 10-K, and if
applicable, the Company’s Quarterly Reports on Form 10-Q and
Current Reports on Form 8-K, which are available on the Company’s
Investor Relations website at http://investor.amplifyenergy.com/ or
on the SEC’s website at http://www.sec.gov, for a
