Amplify Energy (Amplify Energy) Interest Expense : $-17.7 Mil (TTM As of Dec. 2023)

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What is Amplify Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Amplify Energy's interest expense for the three months ended in Dec. 2023 was $ -3.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-17.7 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Amplify Energy's Operating Income for the three months ended in Dec. 2023 was $ 15.3 Mil. Amplify Energy's Interest Expense for the three months ended in Dec. 2023 was $ -3.8 Mil. Amplify Energy's Interest Coverage for the quarter that ended in Dec. 2023 was 4.00. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Amplify Energy Interest Expense Historical Data

The historical data trend for Amplify Energy's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Amplify Energy Interest Expense Chart

Amplify Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-16.86

-20.52

-12.10

-14.10

-17.72

Amplify Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-4.60	-5.74	-3.70	-4.47	-3.81

Amplify Energy Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-17.7 Mil.

Amplify Energy (NYSE:AMPY) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Amplify Energy's Interest Expense for the three months ended in Dec. 2023 was $-3.8 Mil. Its Operating Income for the three months ended in Dec. 2023 was $15.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $120.1 Mil.

Amplify Energy's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	15.262	/	-3.811
	=	4.00

The higher the ratio, the stronger the company's financial strength is.

Amplify Energy (Amplify Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Amplify Energy Corp (NYSE:AMPY) » Definitions » Interest Expense

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2OQ:Germany 2OQ:Germany

Address

500 Dallas Street, Suite 1700, Houston, TX, USA, 77002

Website

https://www.amplifyenergy.com

Amplify Energy Corp is an independent oil and natural gas company engaged in the acquisition, development, exploitation, and production of oil and natural gas properties in the United States. The company's oil and natural gas properties are located in large, mature oil and natural gas reservoirs. The company assets consist of producing oil and natural gas properties located in Oklahoma, the Rockies, federal waters offshore Southern California, East Texas/North Louisiana, and Eagle Ford.

Executives

Eric Edward Dulany	officer: See Remarks	C/O AMPLIFY ENERGY, 500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002
James Frew	officer: SVP, CHIEF FINANCIAL OFFICER	500 DALLAS STREET, SUITE 2700, HOUSTON TX 77002
Daniel Furbee	officer: SVP, CHIEF OPERATING OFFICER	500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002
Vidisha Prasad	director	C/O CENTENNIAL RESOURCE DEVELOPMENT, INC, 1001 17TH STREET, SUITE 1800, DENVER CO 80202
Deborah G Adams	director	FULBRIGHT TOWER, 1301 MCKINNEY STREET, SUITE 2300, HOUSTON TX 77010
Todd R Snyder	director	1251 AVENUE OF THE AMERICAS, 51ST FLOOR, NY NY 10020
Patrice D Douglas	director	1712 CROSSBOW, EDMOND OK 73034
Martyn Willsher	officer: SVP, CFO	500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002
Christopher W. Hamm	director	500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002
James E Craddock	director	410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Eric T. Greager	director	410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Evan S. Lederman	director	C/O FIR TREE PARTNERS, 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036
David Proman	director	C/O FIR TREE INC., 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036
Richard Smiley	officer: Senior V.P. Operations	500 DALLAS STREET, SUITE 1800, HOUSTON TX 77002
Anthony William Lopez	officer: See Remarks	500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002