Amplify Energy Corp. (NYSE:AMPY) Q1 2023 Earnings Conference Call May 4, 2023 11:00 AM ET

Company Participants

Jim Frew - Senior Vice President & Chief Financial Officer

Martyn Willsher - President & Chief Executive Officer

Dan Furbee - Senior Vice President & Chief Operating Officer

Conference Call Participants

Operator

Welcome to the Amplify Energy's First Quarter 2023 Investment Conference Call. Amplify's operating and financial results were released yesterday after market close on May 3, 2023 and are available at Amplify website at www.amplifyenergy.com. During the conference call, all participants will be a listen-only mode. Today’s call is being recorded. A replay of the call will be accessible until Thursday, May 18, by dialing 800-654-1463 and then entering access code 44231417.

I would now like to turn the conference call over to Jim Frew, Senior Vice President and Chief Financial Officer of Amplify Energy Corp.

Jim Frew

Good morning, and welcome to the Amplify Energy conference call to discuss operating and financial results for the first quarter of 2023.

Before we get started, we would like to remind you that some of our remarks may contain forward-looking statements, which reflect management's current views of future events and are subject to various risks, uncertainties, expectations and assumptions. Although management believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct and undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this earnings call.

Please refer to our press release and SEC filings for a list of factors that may cause actual results to differ materially from those in the forward-looking statements made during this call. In addition, the unaudited financial information that will be highlighted here is to arrive from our internal financial books, records and reports. For additional detailed disclosure we encourage you to read our Form 10-Q, which was filed yesterday afternoon. Also, non-GAAP financial measures may be disclosed during this call. Reconciliations of those measures to comparable GAAP measures may be found in our earnings release or on our website at www.amplifyenergy.com.

During the call Martyn Willsher, Amplify's President and Chief Executive Officer will provide an update regarding our year-to-date performance with a specific focus on the most recent Beta Field developments. Next Dan Furbee, Senior Vice President and Chief Operating Officer will provide an overview of first quarter operational performance. Following that, I will discuss first quarter financial results, provide an update on our balance sheet and liquidity, and provide additional details on our hedge book. Finally Martyn, will provide a strategic update before opening the call up for questions.