$AMPY

Amplify Energy (AMPY) announced a share repurchase program, citing a discount between market value and intrinsic value. The company is focusing on horizontal drilling at the Beta field, with production increasing to 4,500 barrels per day. It also secured federal royalty relief, reducing the royalty burden. At Bairoil, Amplify benefits from a CO2 supply agreement, receiving annual rebates of $5-6 million. The company reduced headcount by over 50% and expects lower G&A costs by 2027.

Amplify Energy (AMPY) announced a portfolio reset, selling assets for $250M to repay debt and focus on Beta (offshore California) and Bairoil (Wyoming). Beta's production grew to 2,800 barrels/day, targeting 4,500. Bairoil's CO2 flood economics improved, turning a $5M cost into a $5M-$6M benefit. Management values shares at a 200% premium to current levels, initiating a buyback program. AMPY shares trade at $4.82, down 29% from 52-week high.

Simply Wall St reports Amplify Energy (AMPY) shares rose 8.4% to $4.51 after its Q2 results. Q2 revenue fell to about $52.7m from $68.4m, while net income rose to about $16.6m and basic EPS to $0.40 from $0.15. The article flags lower Q2 oil equivalent production (0.58 MMboe) and a prior-year one-off gain of about $44.3m affecting profit quality.

Amplify Energy Corp. (AMPY) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Amplify Energy Announces Second Quarter 2026 Results and Approval of Share Repurchase Program HOUSTON, August 10, 2026 -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify,” the “Company,” “us,” or “our”) today announced operating and financial results for the second quart

Australia faces new fuel warning as Iran war spreads to Red Sea Story by Nick Toscano ©Sydney Morning Herald Australian motorists are facing the prospect of another surge in petrol and diesel prices, with Ampol warning the expanding conflict in the Middle East is driving up global oil and refined fuel costs just as the Albanese government’s 16¢-a-litre excise relief is due to end.

Ampol warned that the Iran conflict has spread from the Strait of Hormuz to the Bab el-Mandeb, disrupting tanker flows and lifting crude costs and “product cracks,” which could raise Australia’s imported petrol and diesel prices. The article cites crude above US$100/bbl earlier this month and notes Australia’s 16¢/litre fuel excise relief ends Aug 2.

Ampol, which owns the Lytton oil refinery in Brisbane, said Middle East conflict-driven supply disruptions boosted its first-half underlying earnings. It expects a 150% increase to about A$1.6 billion from A$649 million, with refiner margin averaging US$28.26/bbl. Refinery output rose 8.7% and fuel sales 2.8%.

UK-based AMPYR Distributed Energy (ADE) secured €170m ($194m) in debt financing from Crédit Agricole CIB and Franklin Templeton’s Benefit Street Partners, its existing partners, to fund European growth. ADE plans to expand distributed renewable energy assets and acquisitions, following its purchase of a 70MW portfolio from TotalEnergies.

FREW JAMES (SEE REMARKS) purchased 25,000 shares of Amplify Energy Corp. (AMPY) at $3.95 on 2026-06-23.

Ampol said it received regulatory clearance to buy EG Group’s 470 Australian petrol stations for $1.1 billion. Ampol plans to expand its unstaffed U-GO network from about 50 sites to more than 170, converting about 125 new sites. The ACCC required divesting 41 overlapping sites. Ampol reported 3% group fuel-volume growth in the past quarter, with U-GO driving three-quarters.