Amplify Energy Corp. · NYSE:AMPY
Amplify Energy — Corporate Update (March 2021)
11 slides from Amplify Energy's corporate update, Mar 11, 2021
Slide 1: Supplemental Presentation – Commodity and Interest Rate Hedging
Amplify Energy Corp. Supplemental Presentation – Commodity and Interest Rate Hedging | March 11, 2021
Slide 2: Disclaimers
Disclaimers Forward-Looking Statements This presentation and the oral statements made in connection therewith contain forward-looking statements. All statements, other than statements of historical facts, included in this presentation or made in connection therewith that address activities, events o
Slide 3: Amplify Hedging Overview: January 2021 through 2022
Amplify Hedging Overview: January 2021 through 2022 Since November 5, 2020, we have added the following hedges: ▪ Oil: – Swaps totaling 270 MBbls @ $49.81 in 1H21, 180 MBbls @ $61.05 in 2H21, 180 MBbls @ $43.60 in Cal21, 60 MBbls @ $58.00 in 1H22 and 480 MBbls @ $56.83 in Cal22 – Costless collars to
Slide 4: Natural Gas Hedging Summary
Natural Gas Hedging: January 2021 through 2022 Hedged approximately 61 MMcf/d for 2021 Hedged approximately 39 MMcf/d for 2022 Natural Gas Hedging Summary H 70,000 60,000 Hedged Volumes (MMBtu/d) 50,000 $3.28 $2.10 40,000 30,000 $3.09 $2.37 20,000 $2.49 10,000 $2.48 0 2021 2022 Swap Collar Note: Hed
Slide 5: Crude Oil Hedging Summary
Oil Hedging: January 2021 through 2022 Hedged approximately 8 MBbl/d for 2021 Hedged approximately 6 MBbl/d for 2022 Crude Oil Hedging Summary 9,000 8,000 $50.61 $40.00 $30.00 7,000 Hedged Volumes (Bbl/d) 6,000 $60.25 $55.00 5,000 $53.18 4,000 $40.00 $31.32 $47.23 3,000 2,000 $54.81 1,000 0 2021 202
Slide 6: NGL Hedging Summary
NGL Hedging: January 2021 through December 2021 Hedged approximately 0.8 MBbl/d for 2021 NGL Hedging Summary 4,000 3,000 Hedged Volumes (Bbl/d) 2,000 1,000 $24.25 0 2021 Swap Note: Hedge position as of 3/11/21 5
Slide 7: Natural Gas and NGL Hedge Details: January 2021 through 2022
Natural Gas and NGL Hedge Details: January 2021 through 2022 Natural Gas / NGLs Hedge Summary Natural Year Ending December 31, 2021 2022 Natural Gas Derivative Contracts: Swap contracts: Volume (MMBtu) 11,100,000 7,080,000 Volume (MMBtu/d) 30,411 19,397 Weighted-average fixed price ($/MMBtu) $2.49 $
Slide 8: Oil Hedge Details: January 2021 through 2022
Oil Hedge Details: January 2021 through 2022 Oil Hedge Summary Year Ending December 31, 2021 2022 NYMEX Oil Derivative Contracts: Swap contracts: Volume (Bbl) 2,490,000 1,020,000 Volume (Bbl/d) 6,822 2,795 Weighted-average fixed price ($/Bbl) $47.23 $54.81 Collar contracts: Volume (Bbl) 510,000 1,00
Slide 9: NGL by Component Hedge Details: Jan. 2021 through Dec. 2021
NGL by Component Hedge Details: Jan. 2021 through Dec. 2021 NGLs Hedge Summary by Component Year Ending December 31, 2021 MBV C2 Total NGL volumes hedged (Bbl) 113,700 Total NGL volumes hedged (Bbl/d) 312 Total weighted-average fixed/floor price ($/Bbl) $11.01 MBV C3 Total NGL volumes hedged (Bbl) 7
Slide 10: Interest Rate Hedging: January 2021 through 2022
Interest Rate Hedging: January 2021 through 2022 Amplify’s interest rate hedges currently cover approximately 50% of $250 MM of RCF debt outstanding as of March 1, 2021 2021 2022 Average Monthly $125 MM $75 MM Notional Amount Weighted-Average 1.612% 1.281% Fixed Rate 1-Month 1-Month Floating Rate LI
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