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home / news releases / AMPY - Amplify Energy: Improved Cash Flow Generation Expected In 2022

AMPY - Amplify Energy: Improved Cash Flow Generation Expected In 2022

Amplify Energy Corp.
  • Amplify is projected to generate $25 million in positive cash flow at $60 WTI oil in 2021.
  • It has hedged over 80% of its projected oil production with a ceiling/swap price averaging in the high-$40s.
  • Amplify could potentially generate $50 million in positive cash flow in 2022 with mid-$50s oil, helped by having fewer hedges and at better prices then.
  • Leverage may be reduced to under 2.0x by 2022.

For further details see:

Amplify Energy: Improved Cash Flow Generation Expected In 2022
Stock Information
Company Name: Amplify Energy Corp.
Stock Symbol: AMPY
Market: NYSE
Website: amplifyenergy.com
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