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Amplify Energy Announces Closing of East Texas Divestiture

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Amplify Energy Announces Closing of East Texas Divestiture

Amplify Energy Corp. announced the closure of its East Texas asset sale for $122.0 million on December 23, 2025. The company is divesting assets as part of strategic initiatives, with an Oklahoma asset sale still expected to close by year-end 2025. Amplify operates in Oklahoma, Pacific Offshore, and the Rockies regions.

Insights
AMPY   neutral

The company successfully closed a major asset sale at the announced price of $122 million, demonstrating execution on strategic plans. However, the ongoing divestiture of core assets and need for strategic alternatives suggest underlying operational or financial challenges. The sale itself is neither inherently positive nor negative without context on valuation relative to asset quality or company needs.