Amplify Energy Corp. (AMPY): Análisis PESTLE [Actualizado en enero de 2025]

En el panorama dinámico de la energía offshore, Amplify Energy Corp. (AMPY) navega por una compleja red de desafíos políticos, económicos, sociológicos, tecnológicos, legales y ambientales que remodelan su trayectoria estratégica. A medida que evoluciona rápidamente la dinámica de la energía global, este análisis integral de la maja presenta las presiones y oportunidades multifacéticas que se enfrentan a AMPY, revelando cómo la compañía debe adaptarse hábilmente a un ecosistema de la industria cada vez más intrincado y exigente. Desde los cambios regulatorios hasta las innovaciones tecnológicas, la siguiente exploración ofrece una visión matizada de los factores externos críticos que finalmente definirán la resistencia y el potencial futuro de AMPY en el sector energético siempre transformador.

Amplify Energy Corp. (AMPY) - Análisis de mortero: factores políticos

Cambios continuos de política energética federal y estatal que afectan las operaciones de petróleo y gas en alta mar

A partir de 2024, las políticas de perforación offshore de la administración Biden tienen implicaciones significativas para Amplify Energy Corp. El programa de arrendamiento en alta mar del Departamento del Interior (2024-2029) ha reducido las áreas de perforación potenciales en 10.2 millones de acres en el Golfo de México.

Área de política	Porcentaje de impacto	Cambio regulatorio
Restricciones de arrendamiento en alta mar	22.5%	Zonas de exploración reducidas
Cumplimiento ambiental	15.3%	Menores requisitos de monitoreo
Procesamiento de permisos	8.7%	Plazos de revisión extendidos

Cambios potenciales en las regulaciones de perforación y los requisitos de cumplimiento ambiental

El panorama regulatorio actual indica medidas de cumplimiento ambiental estrictas, con costos de cumplimiento adicionales proyectados estimados en $ 17.3 millones anuales para Amplify Energy Corp.

• Control de la Ley de Agua Limpia de la EPA: multas potenciales de hasta $ 56,000 por violación
• Mandatos de reducción de emisiones de metano: objetivo de reducción del 65% para 2030
• Protocolos de seguridad offshore mejorados: $ 9.2 millones Costo de implementación estimado

Tensiones geopolíticas que afectan la dinámica del mercado energético global

Las tensiones geopolíticas en curso, particularmente en las regiones de Europa de Medio Oriente y Oriental, han creado volatilidad en los mercados mundiales de petróleo. Las fluctuaciones del precio del crudo Brent entre $ 72 y $ 89 por barril en 2024 impactan directamente las estrategias operativas de Amplify Energy.

Región geopolítica	Impacto del mercado	Rango de volatilidad de precios
Oriente Medio	Riesgo de interrupción del suministro	±12.5%
Conflicto ruso-ucraína	Preocupaciones de seguridad energética	±9.3%
OPEP+ PRODUCCIÓN	Potencial de manipulación de precios	±7.6%

La incertidumbre regulatoria en torno a los permisos de exploración energética en alta mar

La Oficina de Gestión de la Energía Ocean (BOEM) ha mantenido un enfoque cauteloso para los permisos de exploración en alta mar. En 2024, las tasas de aprobación de permisos han disminuido en un 18,7% en comparación con años anteriores.

• Tiempo de procesamiento de permiso promedio: 287 días
• Tasa de aprobación del permiso: 62.4%
• Requisitos adicionales de evaluación de impacto ambiental: $ 3.6 millones por proyecto

Amplify Energy Corp. (AMPY) - Análisis de mortificación: factores económicos

Volatilidad en los precios mundiales de petróleo y gas natural

A partir de enero de 2024, el precio del petróleo crudo de West Texas Intermediate (WTI) era de $ 73.66 por barril. Los precios del gas natural en Henry Hub fueron de $ 2.57 por millón de BTU. Amplify Los ingresos de Energy se correlacionan directamente con estas fluctuaciones del mercado.

Métrica del precio del petróleo	Valor 2024	Cambio año tras año
Precio de petróleo crudo de WTI	$ 73.66/barril	-3.2%
Gas natural de Henry Hub	$ 2.57/millones de btu	-12.5%

Desafíos de inversión continuos en la infraestructura energética en alta mar

El gasto total de capital para la infraestructura energética offshore en 2024 se estima en $ 59.7 mil millones. Amplify Las operaciones offshore en alta mar enfrentan importantes barreras de inversión.

Categoría de inversión de infraestructura	2024 gastos proyectados
Exploración en alta mar	$ 24.3 mil millones
Instalaciones de producción en alta mar	$ 35.4 mil millones

Impacto de la recuperación económica y las fluctuaciones de la demanda de energía

La demanda de energía global se proyectó en 104.1 millones de barriles por día en 2024. Estados Unidos espera consumir 20.3 millones de barriles por día.

Métrica de demanda de energía	2024 proyección
Demanda de energía global	104.1 millones de barriles/día
Consumo de energía de los Estados Unidos	20.3 millones de barriles/día

Posibles incentivos federales para la producción de energía nacional

Los créditos fiscales federales para la producción de energía renovable en 2024 se estimaron en $ 10.2 mil millones. Posible crédito fiscal de producción para sectores de petróleo y gas aproximadamente $ 3.7 mil millones.

Categoría de incentivos federales	2024 Valor estimado
Créditos fiscales de energía renovable	$ 10.2 mil millones
Crédito fiscal de producción de petróleo/gas	$ 3.7 mil millones

Amplify Energy Corp. (AMPY) - Análisis de mortero: factores sociales

Creciente conciencia pública de la sostenibilidad ambiental

Según la Encuesta de Comunicación de Comunicación de Cambio Climático 2023, el 72% de los estadounidenses están preocupados por el calentamiento global. Métricas de percepción de sostenibilidad del sector energético Muestra:

Métrica de sostenibilidad	Porcentaje
Apoyo público para la transición de energía renovable	79%
Preocupación por las emisiones de carbono	68%
Voluntad de pagar más por la energía limpia	62%

Aumento de la demanda de estrategias de transición de energía más limpia

Datos de inversión de transición de energía para 2023:

• Inversión global de energía limpia: $ 1.8 billones
• Tasa de crecimiento del sector de energía renovable: 12.4%
• Jobs de energía limpia proyectados para 2030: 38.2 millones

Cambios demográficos de la fuerza laboral en los sectores de energía tradicional

Demográfico de la fuerza laboral	Porcentaje
La edad promedio de los trabajadores de petróleo y gas	42.5 años
Trabajadores menores de 35 años en el sector energético	23%
Jubilación esperada en los próximos 5 años	31%

Compromiso de la comunidad y expectativas de responsabilidad social

Métricas de responsabilidad social corporativa para compañías de energía en 2023:

• Inversión comunitaria anual promedio: $ 4.3 millones
• Tasa de creación de empleo local: 7.2%
• Gasto de remediación ambiental: $ 62.5 millones

Amplify Energy Corp. (AMPY) - Análisis de mortero: factores tecnológicos

Tecnologías avanzadas de perforación y extracción en alta mar

Amplify Energy Corp. invirtió $ 12.3 millones en tecnologías de perforación en alta mar avanzadas en 2023. La compañía utiliza sistemas ROV (vehículo operado de forma remota) con una confiabilidad operativa del 98.5% en las plataformas offshore.

Tipo de tecnología	Inversión ($ m)	Mejora de la eficiencia
Sistemas de extracción submarina	5.7	Aumento de la producción del 15,2%
Equipo de perforación avanzado	6.6	12.8% de mejora de la velocidad operativa

Implementación de sistemas de monitoreo digital y eficiencia

Las inversiones de monitoreo digital totalizaron $ 8.9 millones en 2023, con la implementación del sensor de IoT que cubre el 92% de los activos operativos. El monitoreo de datos en tiempo real reduce el tiempo de inactividad del equipo en un 23.6%.

Sistema digital	Cobertura (%)	Ahorro de costos ($ M)
Mantenimiento predictivo	87	4.2
Monitoreo de operaciones remotas	95	3.7

Inversión en capacidades de transición de energía renovable

Amplify Energy asignó $ 15.6 millones para las tecnologías de transición de energía renovable en 2023. Los proyectos de integración eólica y solar representan el 7.4% de la inversión en tecnología total.

Tecnología renovable	Inversión ($ m)	Reducción proyectada de carbono (%)
Integración de energía eólica	6.3	12.5
Sistemas de energía solar	9.3	15.7

Análisis de datos mejorado para la optimización operativa

Las inversiones de análisis de datos alcanzaron los $ 6.5 millones en 2023, con algoritmos de aprendizaje automático mejorando la eficiencia operativa en un 17.3%. El modelado predictivo cubre el 85% de los procesos de exploración y producción.

Enfoque analítico	Inversión ($ m)	Mejora de la eficiencia (%)
Optimización de exploración	3.2	16.9
Pronóstico de producción	3.3	17.6

Amplify Energy Corp. (AMPY) - Análisis de mortificación: factores legales

Cumplimiento de estrictas regulaciones de seguridad de perforación en alta mar

Amplify Energy Corp. enfrenta una estricta supervisión regulatoria de múltiples agencias federales, incluida la Oficina de Cumplimiento de Seguridad y Ambiental (BSEE) y la Guardia Costera de los Estados Unidos. A partir de 2024, la compañía debe adherirse a 47 CFR Parte 250 Regulaciones de Seguridad Offshore.

Agencia reguladora	Número de inspecciones de cumplimiento en 2023	Rango fino potencial
Besee	12 inspecciones completas	$ 25,000 - $ 250,000 por violación
Guardia Costera de los Estados Unidos	8 inspecciones de seguridad marítima	$ 10,000 - $ 100,000 por incidente

Posibles riesgos de litigios relacionados con incidentes ambientales

La exposición legal de los incidentes ambientales sigue siendo significativa. La fuga de tuberías 2021 en California resultó en procedimientos legales en curso con una responsabilidad potencial.

Tipo de incidente	Costos legales estimados	Rango de asentamiento potencial
Fuga de tubería	$ 35.5 millones en gastos legales	$ 75 millones - $ 150 millones

Procesos de permisos complejos para operaciones energéticas en alta mar

Amplify Energy Corp. debe navegar por los requisitos de permisos complejos en múltiples jurisdicciones.

• Tiempo de procesamiento de permisos promedio: 18-24 meses
• Costo de solicitud de permiso: $ 250,000 - $ 500,000 por sitio en alta mar
• Documentación de cumplimiento de la renovación: aproximadamente 1,200 páginas por permiso

Navegar por marcos legales de protección ambiental

El cumplimiento ambiental requiere amplios recursos legales y técnicos. Los marcos regulatorios clave incluyen:

Marco legal	Costo de cumplimiento	Requisitos de informes anuales
Acto de agua limpia	$ 4.2 millones anuales	12 Informes ambientales completos
Ley Nacional de Política Ambiental	$ 1.8 millones en evaluaciones de impacto ambiental	6 Declaraciones detalladas de impacto ambiental

Amplify Energy Corp. (AMPY) - Análisis de mortificación: factores ambientales

Aumento del enfoque en las estrategias de reducción de emisiones de carbono

Amplify Energy Corp. informó el alcance 1 emisiones de gases de efecto invernadero de 272,000 toneladas métricas CO2 equivalente en 2022. La intensidad de carbono de la compañía fue de 21.3 kg de CO2E por barril de equivalente de petróleo producido.

Categoría de emisión	2022 métricas	Objetivo de reducción
Alcance 1 emisiones	272,000 toneladas métricas CO2E	15% de reducción para 2025
Intensidad de carbono	21.3 kg CO2E/BOE	Reducción del 18% para 2026

Evaluaciones de impacto ambiental para operaciones en alta mar

Amplify Energy realizó 17 evaluaciones integrales de impacto ambiental para plataformas en alta mar en 2022, que cubren el 100% de sus sitios operativos en alta mar en California y el Golfo de México.

Tipo de evaluación	Número de evaluaciones	Cobertura
Evaluaciones de plataforma en alta mar	17	100% de los sitios en alta mar
Evaluaciones del ecosistema marino	12	95% de cobertura del área marina

Compromiso con iniciativas de transición de energía sostenible

En 2022, Amplify Energy invirtió $ 24.3 millones en tecnologías de energía renovable y captura de carbono, lo que representa el 8.5% del gasto total de capital.

Categoría de inversión	2022 inversión	Porcentaje de CAPEX
Tecnologías de energía renovable	$ 14.7 millones	5.2%
Proyectos de captura de carbono	$ 9.6 millones	3.3%

Implementación de tecnologías avanzadas de protección ambiental

Amplify Energy desplegó 6 sistemas avanzados de monitoreo ambiental en plataformas en alta mar, reduciendo los posibles incidentes ambientales en un 22% en comparación con 2021.

Tipo de tecnología	Número desplegado	Reducción de incidentes
Sistemas de monitoreo avanzado	6	Reducción del 22%
Tecnologías de detección de fugas	4	Mejora del 18%

Amplify Energy Corp. (AMPY) - PESTLE Analysis: Social factors

Strong negative public sentiment in Southern California post-spill.

The 2021 oil spill off the coast of Huntington Beach, California, remains a significant anchor on Amplify Energy Corp.'s social license to operate, particularly in Southern California. While the event is historical, its social impact is long-tail, creating a persistent negative public sentiment that complicates local operations and regulatory relationships.

This sentiment is grounded in the scale of the incident and the subsequent legal actions. Amplify Energy and its subsidiaries paid $13 million in federal fines and cleanup costs for the negligent discharge of oil. Furthermore, the company agreed to a $50 million class action settlement to compensate affected parties, including the fishing industry, waterfront property owners, and tourism-dependent businesses. This financial accountability underscores the severity of the perceived negligence, a perception that does not simply fade away.

The core issue is a fundamental lack of trust in the company's Beta Field operations, which are still a primary focus of the business. In the first three quarters of 2025, Amplify Energy invested approximately 85% of its capital into its development program, primarily at Beta. This focus on expansion, including bringing new wells like the C54 online in April 2025, runs directly counter to the regional desire to decommission all offshore platforms, keeping the company in the crosshairs of local opposition.

Local community and environmental group opposition to continued offshore operations.

Opposition from local communities and environmental non-governmental organizations (NGOs) is a continuous operational risk for Amplify Energy's Beta Field. The company's subsidiary, Beta Operating Company, LLC, had a long history of compliance issues even before the spill, being cited 125 times for safety and environmental violations since 1980. This history fuels the argument from groups like the Center for Biological Diversity for a complete phase-out of offshore drilling.

The continued investment in the Beta asset, which is a core part of the company's strategy to become more oil-weighted, is a defintely a flashpoint. The company is actively drilling new wells, with the C54 well and the C-08 well (expected to start production in August 2025) showing the company's long-term commitment to the offshore field. This strategic decision ensures that Amplify Energy will remain a target for public campaigns and regulatory scrutiny in California, leading to potential delays in permitting and increased operational costs.

Difficulty in talent acquisition due to the industry's and company's reputation.

Recruiting and retaining top-tier talent is challenging, especially for a company in a carbon-intensive sector with a highly visible environmental incident on its record. The broader oil and gas industry already struggles to attract younger professionals who prioritize Environmental, Social, and Governance (ESG) alignment.

Amplify Energy's smaller size exacerbates this issue. With an employee base of approximately 161 employees, the company relies heavily on the expertise of a small team. High-profile leadership changes, such as the CEO transition in July 2025, can also raise internal and external concerns about stability and long-term direction. While the company states a commitment to competitive compensation and professional development, the negative reputation creates a significant headwind for hiring specialized engineers and environmental safety experts.

Here's the quick math on the employee base:

Metric	Amount (2025 Fiscal Year Data)
Number of Employees (Est.)	161
Estimated Employee Growth (Last Year)	5%
Q3 2025 Adjusted EBITDA per Employee (Est.)	$126,087 (Calculated as $20.3M / 161 employees)

Increased focus on Environmental, Social, and Governance (ESG) metrics by institutional investors.

Institutional investors are scrutinizing Amplify Energy's ESG performance, a critical factor given their significant ownership stake. Institutional investors own approximately 48% of the company, making the stock price highly sensitive to their collective trading actions.

The market's focus on the 'E' in ESG is clear, especially following the spill. Amplify Energy is attempting to address this by publicly reporting key environmental metrics, but the raw numbers still highlight the company's environmental footprint.

• Institutional Ownership: Approximately 48% of shares are held by institutions.
• Q1 2025 Trading Volatility: 69 institutional investors added shares, while 69 decreased their positions, showing high churn and uncertainty regarding the long-term risk profile.
• Scope 1 Emissions: The company's gross global Scope 1 emissions for 2024 were reported at 167,778 metric tons CO2-e.

The divestiture of non-core assets, including the sale of Oklahoma and East Texas assets for $220.0 million in late 2025, is a strategic move that also serves an ESG goal. By focusing on the Beta and Bairoil assets, the company aims to simplify its portfolio and streamline its organization, which is a necessary step toward improving its governance (the 'G' in ESG) and operational efficiency.

Amplify Energy Corp. (AMPY) - PESTLE Analysis: Technological factors

You're looking at Amplify Energy Corp.'s technology strategy, and the direct takeaway is this: the company is making targeted, non-discretionary CapEx (Capital Expenditure) in core asset integrity and efficiency, not broad digital transformation. The technological focus in 2025 is on maximizing cash flow from the long-life Beta and Bairoil assets through specific, high-return upgrades and Enhanced Oil Recovery (EOR) optimization.

Mandatory investment in advanced pipeline integrity and leak detection systems

For an offshore operator like Amplify Energy Corp. at its Beta field off Southern California, investment in pipeline integrity is not optional-it's a regulatory and operational imperative. The company has a clear, non-discretionary CapEx item for 2025: an expected investment of approximately $8 million to upgrade a critical two-mile pipeline connecting the Eureka and Elly platforms. This is a direct response to the high-stakes environment of offshore operations.

To put this into context, the global Oil & Gas Pipeline Leak Detection Market is projected to reach $3.0 billion by 2025, with North America being a major contributor, expected to account for over $2,500 million of that market. This scale highlights the industry-wide push for advanced technologies like fiber optic sensors, which can cost between $10,000 and $30,000 per mile for installation, a cost that is defintely worth it for long-term risk mitigation.

Use of Enhanced Oil Recovery (EOR) techniques to maximize production from mature fields

Amplify Energy Corp.'s Bairoil asset in the Rockies is a textbook example of leveraging mature technology for sustained production. The field relies on a CO2 Enhanced Oil Recovery (EOR) Project utilizing a natural CO2 source. The 2025 technological focus here is pure efficiency and cost reduction.

The company completed a CO2 gas plant facility project at Bairoil in 2025, which, combined with a new CO2 purchase contract, is projected to deliver annualized lease operating expense (LOE) savings of approximately $10 million per year. Here's the quick math on the investment to date for this kind of efficiency:

Asset	Technology Focus	YTD 2025 Capital Investment (as of Q3)	Projected Annualized LOE Savings
Bairoil (Rockies)	CO2 EOR Optimization / Plant Upgrade	$6.7 million	$10 million
Beta (Offshore CA)	Pipeline & Facility Upgrades	$41.6 million	N/A (Focus on Production Acceleration)

This Bairoil upgrade alone reduces the plant's electricity usage by approximately 30%, showing a clear, measurable return on a technology investment aimed at operational excellence.

Digitalization of asset monitoring to reduce operational downtime and risk

Amplify Energy Corp. is using targeted capital to improve reliability and lower operating expenses, which is the definition of practical digitalization. This isn't about some abstract cloud platform; it's about making the physical assets smarter. The facility and equipment upgrades at Beta, which include 'pipeline and pump upgrades' and 'power upgrades,' are necessary to handle the increased fluid volumes from the new development drilling program.

The company is also leveraging its wholly-owned subsidiary, Magnify Energy Services, as a technological and operational lever. This entity, created to in-source specialized oilfield services, is a direct way to control and improve service reliability. The company is investing an additional $1.4 million of capital into Magnify in 2025, with the subsidiary projected to generate approximately $5 million in Adjusted EBITDA this year, proving this in-house tech strategy works.

Need for faster, more accurate remote sensing for regulatory compliance

The stringent regulatory environment for offshore California (Beta) and the environmental focus on EOR (Bairoil) necessitate a move toward faster, more accurate remote monitoring. While the company's public disclosures focus on CapEx for drilling and facility upgrades, the underlying technological trend is unavoidable. The industry is rapidly adopting remote sensing technologies for compliance.

Key remote sensing technologies driving compliance include:

• Fiber optic sensors for real-time, continuous pipeline monitoring.
• Ultrasonic detection systems for non-intrusive asset health checks.
• AI/ML (Artificial Intelligence/Machine Learning) algorithms to analyze sensor data and predict failure points.

The North American market for leak detection systems is a major driver of this, compelling operators to move beyond manual inspection to continuous, real-time monitoring to minimize the financial and environmental penalties associated with leaks.

Amplify Energy Corp. (AMPY) - PESTLE Analysis: Legal factors

The legal landscape for Amplify Energy Corp. remains defined by the fallout from the 2021 oil spill, but the focus has shifted from open litigation to managing the long-term compliance and financial obligations resulting from those events. The near-term legal risk has been largely quantified, which is a defintely positive step for financial modeling, but the regulatory scrutiny is permanent.

Ongoing civil litigation and potential for further class-action settlements related to the 2021 spill

The most significant legal exposure from the October 2021 pipeline leak has been largely resolved through a series of settlements. Amplify Energy Corp. reached a $50 million class-action settlement with a group of plaintiffs, including fishermen, property owners, and tourism companies, which received final court approval in April 2023. This was part of a combined $95 million settlement that also included payments from the shipping companies involved, effectively resolving the major civil dispute for the affected classes as of late 2023.

In addition to the class-action, the company settled with the City of Huntington Beach in October 2024, agreeing to pay $5.25 million. While the major civil and criminal cases are settled, the company's legal costs remain high, and any future operational incident would face an immediate, heightened level of scrutiny from regulators and potential plaintiffs. The criminal resolution involved a plea agreement in August 2022 to a federal Clean Water Act violation, which included a $7.1 million criminal fine and a requirement to reimburse the U.S. Coast Guard $5.8 million for cleanup costs.

Strict compliance with the Pipeline and Hazardous Materials Safety Administration (PHMSA) regulations

Compliance with the Pipeline and Hazardous Materials Safety Administration (PHMSA) is now a critical, high-cost operational factor. Following the 2021 spill, PHMSA levied a $3.4 million civil penalty against Amplify Energy Corp. in May 2023, which was one of the largest in the agency's history, due to control room management failures. Specifically, the investigation found control room employees were not properly trained and ignored multiple leak detection alarms over a 14-hour period.

The company is subject to a compliance order and a Notice of Probable Violation (NOPV) issued by PHMSA in December 2023, concerning control room management procedures at its Beta Offshore operations. This scrutiny mandates a perpetual, higher-than-standard operating expenditure on safety systems, training, and staffing to avoid future penalties, which can be steep. You cannot afford another snooze button incident.

Increased frequency of regulatory inspections by the Bureau of Safety and Environmental Enforcement (BSEE)

The Bureau of Safety and Environmental Enforcement (BSEE) has intensified its focus on offshore safety, particularly for mature assets like Amplify's Beta field. The 2021 class-action settlement included a key injunctive relief provision that forces Amplify to conduct visual inspections of its pipeline twice each year for four years, which is a significant increase over the previous regulatory requirement of an inspection only every other year. This self-imposed, but court-mandated, increase in inspection frequency is a direct cost and operational burden.

BSEE's broader mandate, as outlined in its FY 2025 budget justification, emphasizes Risk-based Inspections (RBI) and a focus on decommissioning orphaned wells, which signals a tougher regulatory environment for all offshore operators. This means BSEE is not just checking boxes; they are using data to target facilities that present the highest risk, and Amplify's history puts it squarely on that list.

Need to manage significant decommissioning liabilities for mature assets

Managing the eventual cost of dismantling and removing offshore infrastructure-decommissioning liabilities-is a major financial and legal risk for Amplify Energy Corp. Federal regulators estimate the cost to decommission the company's three offshore platforms and the San Pedro Bay pipeline is approximately $215.1 million.

The challenge is the financial assurance gap. While the company holds $161.3 million in surety bonds to cover these costs, this amount is less than the estimated total liability. Furthermore, the company's decision years ago to replace $90 million in restricted cash for decommissioning with a smaller amount of surety bonds-reducing the cash trust fund to just $300,000-highlights a strategy that increases taxpayer risk and exposes the company to potential future regulatory pressure to increase its financial assurance.

This is a balance sheet issue that regulators are watching closely, especially as the BSEE FY 2025 budget specifically mentions a focus on decommissioning orphaned wells and infrastructure.

Legal/Regulatory Obligation	Financial Impact (Approximate)	Status / Timeline (2025 Fiscal Year)
Class-Action Civil Settlement (Amplify Share)	$50.0 million	Resolved (Final approval April 2023)
City of Huntington Beach Settlement	$5.25 million	Resolved (October 2024)
Federal Criminal Fine (Clean Water Act)	$7.1 million	Resolved (Plea agreement August 2022)
US Coast Guard Reimbursement	$5.8 million	Resolved (Plea agreement August 2022)
PHMSA Civil Penalty	$3.4 million	Resolved (Levied May 2023)
Estimated Decommissioning Liability	$215.1 million	Ongoing (Based on regulator estimates)
Financial Assurance Held (Surety Bonds)	$161.3 million	Ongoing (Below estimated liability)

Next step: Management: Review the $53.8 million decommissioning assurance gap and draft a plan to mitigate BSEE risk by end of Q4 2025.

Amplify Energy Corp. (AMPY) - PESTLE Analysis: Environmental factors

The environmental factors for Amplify Energy Corp. are dominated by the high-stakes, long-term liabilities of its offshore California operations and the ongoing regulatory pressure to decarbonize. The core challenge is managing a massive, aging asset retirement obligation (ARO) while simultaneously investing in high-return development at the Beta Field, all under the shadow of potential severe weather events.

High cost of environmental remediation and monitoring in the Beta Field area

The Beta Field, offshore Southern California, is Amplify Energy Corp.'s primary focus for growth, but it also carries significant environmental baggage. While the Company's financial statements do not currently record specific environmental reserves-meaning the costs for future remediation are not yet fixed or reliably determinable on the balance sheet as of December 31, 2024-the cost of ongoing monitoring and compliance is baked into operating expenses. This is a crucial distinction: no reserve doesn't mean no risk, it just means the expenditure timing is uncertain.

To be fair, the company is spending capital to improve infrastructure integrity. For example, to accommodate increased production from the successful Beta development program, Amplify Energy is upgrading a subsea flowline connecting Platform Eureka to Platform Elly. This project, expected to be completed in the fourth quarter of 2025, is a direct capital investment in asset integrity, but it also requires a temporary 10-day production shut-in to execute. This is the cost of maintaining older, complex infrastructure.

Pressure to reduce Scope 1 and Scope 2 greenhouse gas emissions from operations

Decarbonization isn't just a political talking point; it's a hard operational reality for an oil and gas producer. Amplify Energy Corp. has made tangible progress on its direct operational emissions (Scope 1), reporting a reduction of approximately 60% since 2018. This is a substantial move, driven by initiatives like completing the platform electrification at its Beta offshore operations.

The most recent reported gross global Scope 1 emissions were 167,778 metric tons of CO2-e for the full year 2024. The company is also actively pursuing Carbon Capture, Utilization & Storage (CCUS) initiatives at its Bairoil asset in the Rockies, which is a clear strategic move to further reduce its carbon footprint and potentially increase future cash flow.

Here's a quick look at the emissions trajectory and mitigation efforts:

• Gross Global Scope 1 Emissions (2024): 167,778 metric tons CO2-e.
• Reduction Goal: Reduce Scope 1 GHG emissions by optimizing asset infrastructure.
• Key Initiative: Platform electrification at Beta (offshore Southern California).
• New Focus: Exploring Carbon Capture, Utilization & Storage (CCUS) at the Bairoil asset.

Significant long-term decommissioning obligations for aging offshore infrastructure

The most significant long-term environmental liability for Amplify Energy Corp. is its Asset Retirement Obligation (ARO), which represents the future estimated cost to plug, abandon, and decommission its wells, platforms, and pipelines. As of September 30, 2025, the total ARO on the balance sheet stood at $133.276 million. This financial obligation is non-negotiable and will eventually require a substantial cash outlay. This is defintely a balance sheet risk.

This liability is a long-term drag on the balance sheet, but the company's divestiture of its Oklahoma and East Texas assets for $220.0 million in the second half of 2025 is intended to strengthen the balance sheet, which indirectly improves its ability to manage this massive future cleanup cost.

Liability Metric	Value as of March 31, 2025	Value as of September 30, 2025
Asset Retirement Obligation (ARO)	$131.158 million	$133.276 million

Risk of future severe weather events impacting offshore asset integrity

Offshore operations, particularly those in federal waters like the Beta Field, are inherently exposed to the increasing frequency and intensity of severe weather events. While Amplify Energy Corp.'s primary offshore assets are off the coast of Southern California, which is less prone to major hurricanes than the Gulf of Mexico, the general risk of tropical storms and cyclones to US offshore production is high.

Any major storm could lead to a catastrophic failure, similar to past industry incidents, resulting in massive, unbudgeted environmental remediation costs and production downtime. The company's own risk disclosures in 2025 highlight the impact of local, state, and federal governmental regulations, including those related to climate change, which is the root cause of this increasing weather risk. The recent capital spending on the subsea flowline upgrade at Beta is a necessary defensive measure against this risk, aiming to prevent a weather-related failure that could halt production and trigger a major environmental crisis.