Amplify Energy Provides Additional Information On Acquisition Of Juniper Capital's Upstream Rocky Mountain Portfolio, Projecting 40% Increase in Adjusted EBITDA, 89% Rise in Proved Reserve Value, and Significant Free Cash Flow Growth, Enhancing Shareholder Value Through Portfolio Optimization, Operating Synergies, and Increased Liquidity

Author: Benzinga Newsdesk | March 25, 2025 04:13pm

Amplify Energy Corp. (NYSE:AMPY) ("Amplify" or the "Company") today posted a new presentation on its website, providing additional information on its previously announced definitive agreement to acquire Juniper Capital's upstream Rocky Mountain portfolio companies.

The presentation, which can be found on the Company's investor relations page of its website at https://www.amplifyenergy.com/Amplify-Rockies-Transaction-Highlights/, details the expected financial and diversification benefits of the merger and how it is expected to enhance Amplify's ability to generate long-term shareholder value. Key highlights include:

• Free cash flow and value accretion:
  • 2025 free cash flow per share projected to increase from $0.50 per share to greater than $0.70 per share1
  • Total proved reserve value projected to increase ~89% from $688 million to $1.3 billion2
• Greater portfolio flexibility:
  • New Rockies asset base allows Amplify the opportunity to accelerate value creation through portfolio optimization
  • Lower operating cost to improve resiliency of asset base in low or high commodity price environment
• Organic growth potential:
  • Juniper assets include multi-year inventory of identified, high quality undeveloped drilling locations
  • Proved undeveloped drilling locations adjacent to premier public company operators
• Meaningful operating synergies:
  • Pro-forma Adjusted EBITDA per BOE expected to increase 40% due to higher oil weighting and lower cost structure3
  • Pro-forma G&A per BOE expected to decrease >20% due to economies of scale4
• Path to enhance shareholder value:
  • Increased free cash flow and scale, along with expected refinancing, projected to increase liquidity and flexibility
  • Free cash flow provides optionality to reduce leverage and return capital to shareholders

Posted In: AMPY