Amplify Energy shares fall 2.53% after-hours following strategic update and CEO transition.
ByAinvest
Tuesday, Jul 22, 2025 5:43 pm ET1min read
AMPY--
Amplify Energy Corp. dropped 2.53% in after-hours trading, following the announcement of a strategic update and changes to the executive leadership team. The company is focusing on simplifying its portfolio, reducing debt, and lowering operating costs. Additionally, Amplify has engaged TenOaks Energy Advisors to explore market interest for the divestiture of its assets in East Texas and Oklahoma. The company also announced that Martyn Willsher has stepped down as President, with Jim Frew being promoted to President and CFO.
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