$AMPY
Amplify Energy Corp.

2021 Q2 Form 10-Q Financial Statement

#000156459021040920 Filed on August 04, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2
Revenue $80.39M $35.20M
YoY Change 128.39% -40.87%
Cost Of Revenue $5.050M $27.80M
YoY Change -81.83% 5.7%
Gross Profit $75.34M $7.300M
YoY Change 932.1% -78.01%
Gross Profit Margin 93.72% 20.74%
Selling, General & Admin $16.15M $13.60M
YoY Change 18.76% -26.09%
% of Gross Profit 21.44% 186.3%
Research & Development $0.00
YoY Change
% of Gross Profit 0.0%
Depreciation & Amortization $7.389M $7.623M
YoY Change -3.07% -40.91%
% of Gross Profit 9.81% 104.42%
Operating Expenses $25.19M $22.80M
YoY Change 10.48% -30.28%
Operating Profit -$37.35M -$34.63M
YoY Change 7.86% -247.18%
Interest Expense -$3.137M -$6.209M
YoY Change -49.48% -133.38%
% of Operating Profit
Other Income/Expense, Net $2.325M -$6.459M
YoY Change -136.0% 46.07%
Pretax Income -$35.02M -$41.30M
YoY Change -15.2% -322.04%
Income Tax $0.00 $85.00K
% Of Pretax Income
Net Earnings -$35.02M -$41.34M
YoY Change -15.27% -321.75%
Net Earnings / Revenue -43.56% -117.43%
Basic Earnings Per Share -$0.92 -$1.10
Diluted Earnings Per Share -$0.92 -$1.10
COMMON SHARES
Basic Shares Outstanding 37.98M 37.60M
Diluted Shares Outstanding 37.98M 37.60M

Balance Sheet

Concept 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $15.15M $13.20M
YoY Change 14.77% 175.0%
Cash & Equivalents $15.15M $13.20M
Short-Term Investments
Other Short-Term Assets $12.57M $44.40M
YoY Change -71.69% 1133.33%
Inventory
Prepaid Expenses
Receivables $39.65M $27.10M
Other Receivables $0.00 $0.00
Total Short-Term Assets $67.37M $84.80M
YoY Change -20.56% 273.57%
LONG-TERM ASSETS
Property, Plant & Equipment $321.0M $352.3M
YoY Change -8.89% -30.7%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $6.968M $16.60M
YoY Change -58.02% 201.82%
Total Long-Term Assets $328.0M $368.9M
YoY Change -11.1% -28.22%
TOTAL ASSETS
Total Short-Term Assets $67.37M $84.80M
Total Long-Term Assets $328.0M $368.9M
Total Assets $395.3M $453.7M
YoY Change -12.87% -15.45%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $14.38M $5.600M
YoY Change 156.82% 36.59%
Accrued Expenses $26.06M $17.84M
YoY Change 46.1% -18.18%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $20.00M
YoY Change
Total Short-Term Liabilities $122.7M $66.79M
YoY Change 83.66% 154.94%
LONG-TERM LIABILITIES
Long-Term Debt $235.0M $265.5M
YoY Change -11.49% 338.15%
Other Long-Term Liabilities $125.0M $3.367M
YoY Change 3613.34% -72.63%
Total Long-Term Liabilities $360.0M $268.9M
YoY Change 33.9% 268.84%
TOTAL LIABILITIES
Total Short-Term Liabilities $122.7M $66.79M
Total Long-Term Liabilities $360.0M $268.9M
Total Liabilities $482.7M $432.4M
YoY Change 11.63% 336.36%
SHAREHOLDERS EQUITY
Retained Earnings -$407.5M
YoY Change
Common Stock $209.0K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$87.38M $21.26M
YoY Change
Total Liabilities & Shareholders Equity $395.3M $453.7M
YoY Change -12.86% -15.45%

Cashflow Statement

Concept 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income -$35.02M -$41.34M
YoY Change -15.27% -321.75%
Depreciation, Depletion And Amortization $7.389M $7.623M
YoY Change -3.07% -40.91%
Cash From Operating Activities $20.80M $29.90M
YoY Change -30.42% 32.89%
INVESTING ACTIVITIES
Capital Expenditures -$7.879M -$14.10M
YoY Change -44.12% -38.16%
Acquisitions
YoY Change
Other Investing Activities $404.0K $0.00
YoY Change -100.0%
Cash From Investing Activities -$7.475M -$14.10M
YoY Change -46.99% -121.08%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -15.04M -4.500M
YoY Change 234.27% -95.29%
NET CHANGE
Cash From Operating Activities 20.80M 29.90M
Cash From Investing Activities -7.475M -14.10M
Cash From Financing Activities -15.04M -4.500M
Net Change In Cash -1.714M 11.30M
YoY Change -115.17% -282.26%
FREE CASH FLOW
Cash From Operating Activities $20.80M $29.90M
Capital Expenditures -$7.879M -$14.10M
Free Cash Flow $28.68M $44.00M
YoY Change -34.81% -2.87%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2021Q2 us-gaap Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization
OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization
620881000
CY2020Q4 us-gaap Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization
OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization
609231000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
152862000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
93307000
CY2021Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
28653000
CY2020Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
27828000
us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
9684000
us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
6181000
CY2021Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
7389000
CY2020Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
7623000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
14736000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
23179000
CY2021Q2 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0
us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
455031000
CY2020Q2 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0
us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0
CY2021Q2 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-12000
CY2020Q2 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-3000
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-96000
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-19000
CY2021Q2 us-gaap Costs And Expenses
CostsAndExpenses
117741000
CY2020Q2 us-gaap Costs And Expenses
CostsAndExpenses
69797000
us-gaap Gain Loss On Oil And Gas Hedging Activity
GainLossOnOilAndGasHedgingActivity
88548000
us-gaap Costs And Expenses
CostsAndExpenses
206394000
CY2021Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
6030000
CY2020Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
6755000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
12951000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
15108000
CY2021Q2 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
1638000
CY2020Q2 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
1539000
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
3253000
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
3052000
CY2021Q2 us-gaap Gain Loss On Oil And Gas Hedging Activity
GainLossOnOilAndGasHedgingActivity
-63898000
CY2020Q2 us-gaap Gain Loss On Oil And Gas Hedging Activity
GainLossOnOilAndGasHedgingActivity
-19165000
us-gaap Gain Loss On Oil And Gas Hedging Activity
GainLossOnOilAndGasHedgingActivity
-98486000
us-gaap Costs And Expenses
CostsAndExpenses
487315000
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-37348000
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-34626000
us-gaap Operating Income Loss
OperatingIncomeLoss
-53532000
us-gaap Operating Income Loss
OperatingIncomeLoss
-394008000
CY2021Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-3137000
CY2020Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-6209000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-6249000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-13856000
CY2021Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-54000
CY2020Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-250000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-80000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-234000
CY2021Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
5516000
CY2020Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
5516000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0
CY2021Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
2325000
CY2020Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-6459000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-813000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-14090000
CY2021Q2 ampy Income Loss From Continuing Operations Before Income Taxes Noncontrolling Interest And Reorganization Items
IncomeLossFromContinuingOperationsBeforeIncomeTaxesNoncontrollingInterestAndReorganizationItems
-35023000
CY2020Q2 ampy Income Loss From Continuing Operations Before Income Taxes Noncontrolling Interest And Reorganization Items
IncomeLossFromContinuingOperationsBeforeIncomeTaxesNoncontrollingInterestAndReorganizationItems
-41085000
ampy Income Loss From Continuing Operations Before Income Taxes Noncontrolling Interest And Reorganization Items
IncomeLossFromContinuingOperationsBeforeIncomeTaxesNoncontrollingInterestAndReorganizationItems
-54345000
ampy Income Loss From Continuing Operations Before Income Taxes Noncontrolling Interest And Reorganization Items
IncomeLossFromContinuingOperationsBeforeIncomeTaxesNoncontrollingInterestAndReorganizationItems
-408098000
CY2021Q2 us-gaap Reorganization Items
ReorganizationItems
0
CY2020Q2 us-gaap Reorganization Items
ReorganizationItems
166000
us-gaap Reorganization Items
ReorganizationItems
6000
us-gaap Reorganization Items
ReorganizationItems
352000
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
85000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
85000
CY2021Q2 us-gaap Profit Loss
ProfitLoss
-35023000
CY2020Q2 us-gaap Profit Loss
ProfitLoss
-41336000
us-gaap Profit Loss
ProfitLoss
-54351000
us-gaap Profit Loss
ProfitLoss
-408535000
CY2021Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.92
CY2020Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.10
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.43
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-10.87
CY2021Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
37983000
CY2020Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
37595000
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
37907000
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
3253000
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
3052000
us-gaap Share Based Compensation
ShareBasedCompensation
730000
us-gaap Share Based Compensation
ShareBasedCompensation
-632000
us-gaap Asset Retirement Obligation Cash Paid To Settle
AssetRetirementObligationCashPaidToSettle
162000
us-gaap Asset Retirement Obligation Cash Paid To Settle
AssetRetirementObligationCashPaidToSettle
0
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
8851000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-5762000
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
37582000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
14736000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
23179000
us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0
us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
455031000
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-98443000
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
84494000
ampy Cash Settlements Received Paid On Expired Derivative Instruments
CashSettlementsReceivedPaidOnExpiredDerivativeInstruments
-28432000
ampy Cash Settlements Received Paid On Expired Derivative Instruments
CashSettlementsReceivedPaidOnExpiredDerivativeInstruments
39471000
ampy Cash Settlements Paid Received On Terminated Derivative Instruments
CashSettlementsPaidReceivedOnTerminatedDerivativeInstruments
0
ampy Cash Settlements Paid Received On Terminated Derivative Instruments
CashSettlementsPaidReceivedOnTerminatedDerivativeInstruments
17977000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
94000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
252000
ampy Amortization And Writeoff Of Deferred Financing Costs
AmortizationAndWriteoffOfDeferredFinancingCosts
360000
ampy Amortization And Writeoff Of Deferred Financing Costs
AmortizationAndWriteoffOfDeferredFinancingCosts
2999000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
5516000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-3002000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-659000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
13505000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-11345000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
408000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
387000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
36403000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
42989000
us-gaap Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
11528000
us-gaap Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
26123000
ampy Payments For Proceeds From Other Property Plant And Equipment
PaymentsForProceedsFromOtherPropertyPlantAndEquipment
451000
ampy Payments For Proceeds From Other Property Plant And Equipment
PaymentsForProceedsFromOtherPropertyPlantAndEquipment
719000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-404000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
0
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-11575000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-26842000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
25000000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
20000000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
30000000
ampy Proceeds From Paycheck Protection Program
ProceedsFromPaycheckProtectionProgram
0
ampy Proceeds From Paycheck Protection Program
ProceedsFromPaycheckProtectionProgram
5516000
us-gaap Payments Of Loan Costs
PaymentsOfLoanCosts
25000
us-gaap Payments Of Loan Costs
PaymentsOfLoanCosts
0
us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
0
us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
3786000
ampy Adjustment Of Shares Withheld For Taxes
AdjustmentOfSharesWithheldForTaxes
17000
ampy Adjustment Of Shares Withheld For Taxes
AdjustmentOfSharesWithheldForTaxes
35000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
35000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-20042000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-3270000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
4786000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
12877000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10364000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
325000
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
15150000
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13202000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
-33737000
CY2021Q1 us-gaap Profit Loss
ProfitLoss
-19328000
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
-204000
CY2021Q1 ampy Shares Withheld For Taxes And Other During Period Value
SharesWithheldForTaxesAndOtherDuringPeriodValue
-5000
CY2021Q1 us-gaap Stockholders Equity Other
StockholdersEquityOther
0
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
-53274000
CY2021Q2 us-gaap Profit Loss
ProfitLoss
-35023000
CY2020Q2 us-gaap Profit Loss
ProfitLoss
-41336000
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
480000
CY2020Q2 ampy Expiration Of Warrants
ExpirationOfWarrants
0
CY2020Q2 ampy Shares Withheld For Taxes And Other During Period Value
SharesWithheldForTaxesAndOtherDuringPeriodValue
-20000
CY2020Q2 us-gaap Stockholders Equity Other
StockholdersEquityOther
35000
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
934000
CY2021Q2 ampy Shares Withheld For Taxes And Other During Period Value
SharesWithheldForTaxesAndOtherDuringPeriodValue
-12000
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
-87375000
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
434207000
CY2020Q1 us-gaap Profit Loss
ProfitLoss
-367199000
CY2020Q1 ampy Shares Withheld For Taxes And Other During Period Value
SharesWithheldForTaxesAndOtherDuringPeriodValue
-14000
CY2020Q1 us-gaap Dividends
Dividends
3786000
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
62096000
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
21255000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
us-gaap Use Of Estimates
UseOfEstimates
<p style="text-align:justify;margin-bottom:6pt;margin-top:6pt;margin-left:2.27%;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Use of Estimates </p> <p style="text-align:justify;margin-bottom:6pt;margin-top:6pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of the accompanying Unaudited Condensed Consolidated Financial Statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. </p> <p style="text-align:justify;margin-bottom:6pt;margin-top:6pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Significant estimates include, but are not limited to, oil and natural gas reserves; depreciation, depletion and amortization of proved oil and natural gas properties; future cash flows from oil and natural gas properties; impairment of long-lived assets; fair value of derivatives; fair value of equity compensation; fair values of assets acquired and liabilities assumed in business combinations and asset retirement obligations. </p>
CY2021Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
5500000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
5500000
ampy Percentage Of Employee Retention Credit Calculated On Qualified Wages
PercentageOfEmployeeRetentionCreditCalculatedOnQualifiedWages
0.70
ampy Maximum Amount Of Wages For Each Employee To Determine Percentage Of Employee Retention Credit
MaximumAmountOfWagesForEachEmployeeToDeterminePercentageOfEmployeeRetentionCredit
10000000
ampy Maximum Amount Of Tax Credit Claimed By Eligible Employee
MaximumAmountOfTaxCreditClaimedByEligibleEmployee
7000000
ampy Employee Retention Credit
EmployeeRetentionCredit
2800000
CY2021Q2 ampy Employee Retention Credit
EmployeeRetentionCredit
2800000
CY2021Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
34900000
CY2020Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
25600000
CY2020Q2 us-gaap Derivative Cash Received On Hedge
DerivativeCashReceivedOnHedge
18000000.0
CY2020Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
97149000
us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
29000
us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
162000
ampy Asset Retirement Obligation Liabilities Related To Sale Of Wells
AssetRetirementObligationLiabilitiesRelatedToSaleOfWells
113000
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
3253000
us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
3000
CY2021Q2 us-gaap Asset Retirement Obligation
AssetRetirementObligation
100159000
CY2021Q2 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
747000
CY2021Q2 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
99412000
ampy Proceeds From Paycheck Protection Program Loan Of2020
ProceedsFromPaycheckProtectionProgramLoanOf2020
0
CY2020 ampy Proceeds From Paycheck Protection Program Loan Of2020
ProceedsFromPaycheckProtectionProgramLoanOf2020
5516000
CY2021Q2 us-gaap Long Term Debt
LongTermDebt
235000000
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
260516000
CY2021Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
0
CY2020Q2 ampy Proceeds From Paycheck Protection Program Loan Of2020
ProceedsFromPaycheckProtectionProgramLoanOf2020
5500000
CY2020Q2 ampy Paycheck Protection Program Loan Of2020 Term
PaycheckProtectionProgramLoanOf2020Term
P2Y
CY2020Q2 ampy Paycheck Protection Program Loan Of2020 Interest Rate
PaycheckProtectionProgramLoanOf2020InterestRate
0.01
CY2020Q2 ampy Paycheck Protection Program Loan Of2020 Principal Or Interest Payments Due Next Six Months
PaycheckProtectionProgramLoanOf2020PrincipalOrInterestPaymentsDueNextSixMonths
0
CY2021Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
5500000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
5500000
CY2021Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000
CY2021Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2020Q1 us-gaap Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
2020-03-03
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.10
CY2020Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
3800000
CY2020Q1 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2020-03-16
CY2021Q2 us-gaap Profit Loss
ProfitLoss
-35023000
CY2020Q2 us-gaap Profit Loss
ProfitLoss
-41336000
us-gaap Profit Loss
ProfitLoss
-54351000
us-gaap Profit Loss
ProfitLoss
-408535000
CY2021Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0
CY2020Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-35023000
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-41336000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-54351000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-408535000
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37983000
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37595000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37907000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37582000
CY2021Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2020Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37983000
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37595000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37907000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37582000
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.92
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.10
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.43
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-10.87
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.92
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.10
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.43
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-10.87
CY2021Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
691000
CY2020Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
793000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
175000
us-gaap Lessee Operating Lease Option To Terminate
LesseeOperatingLeaseOptionToTerminate
leases can be terminated with 30-day prior written notice.
ampy Lease Termination Period With Prior Written Notice
LeaseTerminationPeriodWithPriorWrittenNotice
P30D
us-gaap Operating Lease Cost
OperatingLeaseCost
1200000
us-gaap Operating Lease Cost
OperatingLeaseCost
1200000
us-gaap Operating Lease Payments
OperatingLeasePayments
729000
us-gaap Operating Lease Payments
OperatingLeasePayments
877000
CY2021Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1771000
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2500000
CY2021Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
301000
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
266000
CY2021Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
1781000
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
2524000
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
1186000
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
430000
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
195000
CY2021Q2 ampy Lessee Operating Lease Liability Payments Due Year Three And Thereafter
LesseeOperatingLeaseLiabilityPaymentsDueYearThreeAndThereafter
14000
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1825000
CY2021Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
44000
CY2021Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
1781000
CY2021Q2 ampy Accrued Lease Operating Expense
AccruedLeaseOperatingExpense
7725000
CY2020Q4 ampy Accrued Lease Operating Expense
AccruedLeaseOperatingExpense
8978000
CY2021Q2 ampy Accrued Capital Expenditures
AccruedCapitalExpenditures
5376000
CY2020Q4 ampy Accrued Capital Expenditures
AccruedCapitalExpenditures
173000
CY2021Q2 ampy Accrued Commitment Fee And Other Expenses Current
AccruedCommitmentFeeAndOtherExpensesCurrent
3719000
CY2020Q4 ampy Accrued Commitment Fee And Other Expenses Current
AccruedCommitmentFeeAndOtherExpensesCurrent
4404000
CY2021Q2 ampy Accrued Production And Ad Valorem Tax Current
AccruedProductionAndAdValoremTaxCurrent
3612000
CY2020Q4 ampy Accrued Production And Ad Valorem Tax Current
AccruedProductionAndAdValoremTaxCurrent
2601000
CY2021Q2 ampy Accrued General And Administrative Expenses
AccruedGeneralAndAdministrativeExpenses
3051000
CY2020Q4 ampy Accrued General And Administrative Expenses
AccruedGeneralAndAdministrativeExpenses
3349000
CY2021Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1480000
CY2021Q2 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
747000
CY2020Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
424000
CY2021Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
0
CY2020Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
110000
CY2021Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
350000
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
380000
CY2021Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
26060000
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
22677000
us-gaap Interest Paid Net
InterestPaidNet
4429000
us-gaap Interest Paid Net
InterestPaidNet
5380000
ampy Cash Paid For Received From Reorganization Items Net
CashPaidForReceivedFromReorganizationItemsNet
6000
ampy Cash Paid For Received From Reorganization Items Net
CashPaidForReceivedFromReorganizationItemsNet
351000
us-gaap Income Taxes Paid
IncomeTaxesPaid
0
us-gaap Income Taxes Paid
IncomeTaxesPaid
85000
ampy Change In Capital Expenditures In Payables And Accrued Liabilities
ChangeInCapitalExpendituresInPayablesAndAccruedLiabilities
5203000
ampy Change In Capital Expenditures In Payables And Accrued Liabilities
ChangeInCapitalExpendituresInPayablesAndAccruedLiabilities
-3618000
CY2021Q2 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
0
us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
0
CY2021Q2 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
0
CY2020Q4 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
0
CY2021Q2 ampy Decommissioning Obligations Supported By Surety Bonds
DecommissioningObligationsSupportedBySuretyBonds
161300000
CY2021Q2 ampy Decommissioning Obligations Supported By Cash
DecommissioningObligationsSupportedByCash
300000
CY2021Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.000
CY2020Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.002
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.000

Files In Submission

Name View Source Status
0001564590-21-040920-index-headers.html Edgar Link pending
0001564590-21-040920-index.html Edgar Link pending
0001564590-21-040920.txt Edgar Link pending
0001564590-21-040920-xbrl.zip Edgar Link pending
ampy-10q_20210630.htm Edgar Link pending
ampy-10q_20210630_htm.xml Edgar Link completed
ampy-20210630.xsd Edgar Link pending
ampy-20210630_cal.xml Edgar Link unprocessable
ampy-20210630_def.xml Edgar Link unprocessable
ampy-20210630_lab.xml Edgar Link unprocessable
ampy-20210630_pre.xml Edgar Link unprocessable
ampy-ex101_128.htm Edgar Link pending
ampy-ex311_6.htm Edgar Link pending
ampy-ex312_7.htm Edgar Link pending
ampy-ex321_8.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
gssho0rks5i5000001.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending