Amplify Energy (NYSE:AMPY), headquartered in Houston, Texas, is an independent oil and gas exploration and production company. Incorporated in Delaware, the company focuses on acquiring, developing and operating upstream energy assets across North America. Amplify Energy’s business model emphasizes disciplined capital allocation, operational efficiency and a commitment to environmental, social and governance (ESG) principles.
The company’s upstream activities center on onshore and shallow-water offshore properties, with a core footprint in California, the Gulf of Mexico and the Permian Basin of Texas and New Mexico. In California, Amplify holds interests in blocks off the state’s coastline, including facilities connected to its Beta field platform. Its Gulf of Mexico portfolio spans several shallow-water leases, while its onshore Permian presence was bolstered by the 2020 acquisition of assets from Midstates Petroleum.
Amplify Energy produces and markets crude oil, natural gas and natural gas liquids under long-term sales agreements with refiners, utilities and industrial end users throughout North America. The company leverages an integrated network of pipelines, processing facilities and midstream partnerships to optimize product flow and price realization. Key operational capabilities include reservoir engineering, directional drilling, well completions and production optimization.
Since its formation in 2013—following the spin-off of upstream assets from Plains Exploration & Production—Amplify Energy has pursued growth through strategic acquisitions and targeted development programs. The company’s executive leadership team brings decades of upstream experience, combining technical expertise in drilling and reservoir management with a focus on health, safety and environmental stewardship.
