Amplify Energy Corp. has released its financial results for the second quarter of 2025, reporting a net income of $6.4 million, a turnaround from a net loss of $5.9 million in the first quarter of the same year. This improvement was primarily attributed to a gain on commodity derivatives. However, when excluding the impact of this derivatives gain, Amplify recorded an adjusted net loss of $2.3 million for the second quarter. The company's total revenues, excluding hedges, were $68.4 million for the second quarter, a decrease from $72.1 million in the first quarter. Despite a challenging environment of lower commodity prices, Amplify's Adjusted EBITDA remained relatively stable at $19.0 million, compared to $19.4 million in the previous quarter. Amplify's free cash flow was negative $10.1 million for the second quarter, which was in line with expectations due to higher capital investments in the first half of the year. The company plans to allocate approximately 95% of its 2025 capital investments in the first three quarters of the year. Additionally, Amplify has successfully completed transactions in East Texas and the Eagle Ford, using the proceeds to reduce debt and increase flexibility for development at Beta. As of June 30, 2025, Amplify had $130 million outstanding under its revolving credit facility, with a net debt to Last Twelve Months Adjusted EBITDA ratio of 1.5x. Following the Eagle Ford divestiture, the borrowing base was adjusted to $135 million. Looking ahead, the company remains focused on monetizing its East Texas and Oklahoma assets, which would further support its development plans.