Amplify Energy Corp. · NYSE:AMPY
Amplify Energy — Corporate Update (May 2021)
11 slides from Amplify Energy's corporate update, May 5, 2021
Slide 1: Supplemental Presentation – Commodity and Interest Rate Hedging
Amplify Energy Corp. Supplemental Presentation – Commodity and Interest Rate Hedging | May 5, 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: April 2021 through 2023
Amplify Hedging Overview: April 2021 through 2023 Since March 11, 2021, we have added the following hedges: ▪ Crude swaps totaling 180 MBbls in 1H23 at $55.00 ▪ Crude swaps totaling 180 MBbls in 2H23 at $55.10 Mark-to-market hedge book value of approximately ($56) million as of April 30, 2021, inclu
Slide 4: Natural Gas Hedging Summary
Natural Gas Hedging: April 2021 through 2022 Hedged approximately 60 MMcf/d for Bal21 Hedged approximately 39 MMcf/d for 2022 Natural Gas Hedging Summary 70,000 60,000 Hedged Volumes (MMBtu/d) 50,000 $3.29 $2.06 40,000 30,000 $3.09 $2.37 20,000 $2.49 10,000 $2.48 0 2021 2022 Swap Collar Note: Hedge
Slide 5: Crude Oil Hedging Summary
Oil Hedging: April 2021 through 2023 Hedged approximately 8 MBbl/d for Bal21 Hedged approximately 6 MBbl/d for 2022 Hedged approximately 1 MBbl/d for 2023 Crude Oil Hedging Summary 9,000 8,000 $50.50 $40.00 7,000 $30.00 Hedged Volumes (Bbl/d) 6,000 $60.25 $55.00 5,000 $53.18 4,000 $40.00 $31.32 $48.
Slide 6: NGL Hedging Summary
NGL Hedging: April 2021 through December 2021 Hedged approximately 0.7 MBbl/d for Bal21 NGL Hedging Summary 4,000 3,000 Hedged Volumes (Bbl/d) 2,000 1,000 $23.74 0 2021 Swap Note: Hedge position as of 5/5/21 5
Slide 7: Natural Gas and NGL Hedge Details: April 2021 through 2022
Natural Gas and NGL Hedge Details: April 2021 through 2022 Natural Gas / NGLs Hedge Summary Natural G Year Ending December 31, 2021 2022 Natural Gas Derivative Contracts: Swap contracts: Volume (MMBtu) 8,835,000 7,080,000 Volume (MMBtu/d) 32,127 19,397 Weighted-average fixed price ($/MMBtu) $2.49 $2
Slide 8: Oil Hedge Details: April 2021 through 2023
Oil Hedge Details: April 2021 through 2023 Oil Hedge Summary Year Ending December 31, 2021 2022 2023 NYMEX Oil Derivative Contracts: Swap contracts: Volume (Bbl) 1,777,500 1,020,000 360,000 Volume (Bbl/d) 6,464 2,795 986 Weighted-average fixed price ($/Bbl) $48.12 $54.81 $55.05 Collar contracts: Vol
Slide 9: NGL by Component Hedge Details: Apr. 2021 through Dec. 2021
NGL by Component Hedge Details: Apr. 2021 through Dec. 2021 NGLs Hedge Summary by Component Year Ending December 31, 2021 MBV C2 Total NGL volumes hedged (Bbl) 76,500 Total NGL volumes hedged (Bbl/d) 278 Total weighted-average fixed/floor price ($/Bbl) $10.70 MBV C3 Total NGL volumes hedged (Bbl) 48
Slide 10: Interest Rate Hedging: April 2021 through 2022
Interest Rate Hedging: April 2021 through 2022 Amplify’s interest rate hedges currently cover approximately 52% of $240 MM of RCF debt outstanding as of April 30, 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 LIB
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