29 Aug 2019business combination● Neutral
The newly renamed Amplify Energy Corp. filed updated pro forma financial statements for its just-completed merger with legacy Amplify Energy, needed to support a coming stock registration.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
16 Aug 2019substantial holder notice● Neutral
Brigade Capital Management GP, LLC, Donald E. Morgan, III disclosed a new substantial Amplify Energy Corp. shareholding (11.00% of votes).
15 Aug 2019substantial holder notice● Neutral
Avenue Capital Management II, L.P, Avenue Energy Opportunities Fund, L.P, Avenue Capital Management II GenPar, LLC, Avenue Energy Opportunities Partners, LLC, GL Energy Opportunities Partners, LLC, Marc Lasry reported a Amplify Energy Corp. shareholding of 2,561,375 shares (6.20% of votes) in a periodic institutional filing.
13 Aug 2019substantial holder notice● Neutral
Fir Tree Capital Management LP reported a Amplify Energy Corp. shareholding of 10,912,114 shares (26.50% of votes) in a periodic institutional filing.
6 Aug 2019asset acquisition disposition▲ GoodMajor
Midstates completed its merger with privately held Amplify Energy Corp. and renamed itself "Amplify Energy Corp.," with the deal accounted for as a reverse acquisition in which legacy Amplify, not Midstates, was treated as the accounting acquirer.
5 Aug 2019quarterly activities report● Neutral
Amplify Energy Corp. reported quarterly revenue of $59.5 million and net income of $18.6 million for the period ended 2019-06-30.
28 June 2019securities registration● Neutral
Amplify Energy Corp. filed the final prospectus for a registered offering.
26 June 2019business combination● Neutral
The amendment filled in the blanks and set the clock running: both shareholder votes fixed for 2 August 2019, record date 28 June, mailing 28 June, and the 0.933 exchange ratio priced for the first time at about $5.28 per Amplify share on 25 June closing prices. Terms unchanged; the deal moved from drafted to scheduled.
7 June 2019business combination● NeutralMajor
Midstates registered the shares for its all-stock merger with privately held Amplify Energy: each Amplify share converts into 0.933 Midstates shares, leaving the two shareholder bases owning roughly 50% each of the combined company -- a merger of equals between two companies that had each recently come out of Chapter 11. Holders of about 35.5% of Midstates stock had already signed voting agreements supporting it.
15 May 2019substantial holder notice● Neutral
Amplify Energy Corp disclosed a new substantial Amplify Energy Corp. shareholding (35.50% of votes).
10 May 2019quarterly activities report▼ Bad
Amplify Energy Corp. reported quarterly revenue of $65.2 million and a net loss of $31.5 million for the period ended 2019-03-31.
10 May 2019quarterly activities report▼ Bad
Amplify Energy Corp. reported quarterly revenue of $65.2 million and a net loss of $31.5 million for the period ended 2019-03-31.
7 May 2019substantial holder notice● Neutral
Avenue Capital Management II, L.P, Avenue Energy Opportunities Fund, L.P, Avenue Capital Management II GenPar, LLC, Avenue Energy Opportunities Partners, LLC, GL Energy Opportunities Partners, LLC, Marc Lasry reported a Amplify Energy Corp. shareholding of 2,561,375 shares (12.50% of votes) in a periodic institutional filing.
6 May 2019business combination▲ GoodMajor
Midstates agreed to a stock-for-stock merger of equals with privately held Amplify Energy Corp., under which Amplify shareholders would get 0.933 Midstates shares each and end up owning half of the combined company.
6 May 2019merger communication● Neutral
Midstates filed the required Rule 425 investor communication announcing its just-signed merger of equals with privately held Amplify Energy Corp., repeating the deal's terms with no new information.
22 Feb 2019substantial holder notice● Neutral
Avenue Capital Management II, L.P, Avenue Energy Opportunities Fund, L.P, Avenue Capital Management II GenPar, LLC, Avenue Energy Opportunities Partners, LLC, GL Energy Opportunities Partners, LLC, Marc Lasry reported a Amplify Energy Corp. shareholding of 2,561,375 shares (12.60% of votes) in a periodic institutional filing.
14 Jan 2019substantial holder notice● Neutral
Centerbridge Credit Partners Master AIV IV, L.P, Centerbridge Special Credit Partners II AIV III, L.P, Centerbridge Credit Partners Offshore General Partner, L.P, Centerbridge Credit Cayman GP Ltd, CSCP II Cayman GP Ltd, Centerbridge Special Credit Partners General Partner II, L.P, Mark T. Gallogly, Jeffrey H. Aronson reported a Amplify Energy Corp. shareholding of 550,000 shares (2.10% of votes) in a periodic institutional filing.
21 Nov 2018material agreement▲ GoodMajor
Midstates amended its exit credit facility to allow dividends and share buybacks for the first time since its 2016 bankruptcy, subject to minimum liquidity and leverage tests, signaling its post-bankruptcy financial recovery.
9 Nov 2018quarterly activities report▼ Bad
Amplify Energy Corp. reported quarterly revenue of $85.5 million and a net loss of $2.6 million for the period ended 2018-09-30.
8 Nov 2018quarterly activities report▼ Bad
Amplify Energy Corp. reported quarterly revenue of $85.5 million and a net loss of $2.6 million for the period ended 2018-09-30.
12 Oct 2018substantial holder notice● Neutral
Centerbridge Credit Partners Master AIV IV, L.P, Centerbridge Special Credit Partners II AIV III, L.P, Centerbridge Credit Partners Offshore General Partner, L.P, Centerbridge Credit Cayman GP Ltd, CSCP II Cayman GP Ltd, Centerbridge Special Credit Partners General Partner II, L.P, Mark T. Gallogly, Jeffrey H. Aronson reported a Amplify Energy Corp. shareholding of 1,473,637 shares (5.70% of votes) in a periodic institutional filing.
6 Aug 2018quarterly activities report▼ Bad
Amplify Energy Corp. reported quarterly revenue of $91.0 million and a net loss of $25.3 million for the period ended 2018-06-30.
3 Aug 2018quarterly activities report▼ Bad
Amplify Energy Corp. reported quarterly revenue of $91.0 million and a net loss of $25.3 million for the period ended 2018-06-30.
10 May 2018quarterly activities report● Neutral
Amplify Energy Corp. reported quarterly revenue of $87.9 million and net income of $3.2 million for the period ended 2018-03-31.
10 May 2018quarterly activities report● Neutral
Amplify Energy Corp. reported quarterly revenue of $87.9 million and net income of $3.2 million for the period ended 2018-03-31.
2 May 2018securities registration● Neutral
Amplify Energy Corp. filed the final prospectus for a registered offering.
12 Apr 2018securities registration● Neutral
Amplify Energy Corp. amended an already-effective registration statement.
4 Apr 2018material agreement● NeutralMajor
Midstates agreed to sell substantially all of its Anadarko Basin wells and leases in Texas and Oklahoma for $58.0 million to a buyer the filing does not name, effective 1 January 2018 and expected to close by 30 May.
29 Mar 2018securities registration● Neutral
Amplify Energy Corp. amended an already-effective registration statement.
14 Feb 2018substantial holder notice● Neutral
Geode Diversified Fund, A Segregated Account of Geode Capital Master Fund Ltd, Geode Capital Management LP disclosed a new substantial Amplify Energy Corp. shareholding (7.31% of votes).