Amplify Energy Corp. (AMPY): Análise de Pestle [Jan-2025 Atualizada]

No cenário dinâmico da energia offshore, a Amplify Energy Corp. (AMPY) navega em uma complexa rede de desafios políticos, econômicos, sociológicos, tecnológicos, legais e ambientais que remodelam sua trajetória estratégica. À medida que a dinâmica de energia global evolui rapidamente, essa análise abrangente de pilões revela as pressões e oportunidades multifacetadas que enfrentam a Ampy, revelando como a empresa deve se adaptar habilmente a um ecossistema da indústria cada vez mais intrincado e exigente. Das mudanças regulatórias para inovações tecnológicas, a exploração a seguir oferece um vislumbre diferenciado dos fatores externos críticos que finalmente definirão a resiliência e o potencial futuro de Ampy no setor de energia sempre transformador.

Amplify Energy Corp. (AMPY) - Análise de pilão: Fatores políticos

Mudanças de política energética federal e estadual em andamento que afetam operações offshore de petróleo e gás

Em 2024, as políticas de perfuração offshore do governo Biden têm implicações significativas para a Amplify Energy Corp. O Programa de Leasing Offshore do Departamento de 5 anos do Departamento de Interior (2024-2029) reduziu as áreas de perfuração em potencial em 10,2 milhões de acres no Golfo do México.

Área de Política	Porcentagem de impacto	Mudança regulatória
Restrições para leasing offshore	22.5%	Zonas de exploração reduzidas
Conformidade ambiental	15.3%	Requisitos de monitoramento aumentados
PROCESSÃO DE PERMITAÇÃO	8.7%	Linhas de tempo de revisão estendida

Mudanças potenciais nos regulamentos de perfuração e requisitos de conformidade ambiental

O cenário regulatório atual indica medidas rigorosas de conformidade ambiental, com custos adicionais de conformidade projetados estimados em US $ 17,3 milhões anualmente para a Amplify Energy Corp.

• ACOLADA DE ÁGUA LIPA EPA: Potenciais multas de até US $ 56.000 por violação
• Mandatos de redução de emissão de metano: meta de redução de 65% até 2030
• Protocolos de segurança offshore aprimorados: US $ 9,2 milhões no custo estimado de implementação

Tensões geopolíticas que afetam a dinâmica do mercado global de energia

As tensões geopolíticas em andamento, particularmente nas regiões do Oriente Médio e da Europa Oriental, criaram volatilidade nos mercados globais de petróleo. As flutuações dos preços do petróleo Brent entre US $ 72 e US $ 89 por barril em 2024 impactam diretamente as estratégias operacionais da Energy.

Região geopolítica	Impacto no mercado	Faixa de volatilidade de preços
Médio Oriente	Risco de interrupção da oferta	±12.5%
Conflito da Rússia-Ucrânia	Preocupações de segurança energética	±9.3%
OPEP+ Produção	Potencial de manipulação de preços	±7.6%

Incerteza regulatória em torno das licenças de exploração de energia offshore

O Bureau of Ocean Energy Management (BOEM) manteve uma abordagem cautelosa para as licenças de exploração offshore. Em 2024, as taxas de aprovação da licença diminuíram 18,7% em comparação com os anos anteriores.

• Tempo médio de processamento da licença: 287 dias
• Taxa de aprovação da licença: 62,4%
• Requisitos adicionais de avaliação de impacto ambiental: US $ 3,6 milhões por projeto

Amplify Energy Corp. (AMPY) - Análise de pilão: Fatores econômicos

Volatilidade no preço global de petróleo e gás natural

Em janeiro de 2024, o preço do petróleo intermediário do West Texas (WTI) era de US $ 73,66 por barril. Os preços do gás natural no Henry Hub foram de US $ 2,57 por milhão de BTU. Amplificar a receita da Energy se correlaciona diretamente com essas flutuações de mercado.

Métrica do preço do petróleo	2024 Valor	Mudança de ano a ano
Preço do petróleo bruto wti	US $ 73,66/barril	-3.2%
Gás natural de Henry Hub	US $ 2,57/milhão BTU	-12.5%

Desafios contínuos de investimento na infraestrutura de energia offshore

O gasto total de capital para infraestrutura de energia offshore em 2024 estimada em US $ 59,7 bilhões. Amplificar as operações offshore da energia enfrentam barreiras significativas de investimento.

Categoria de investimento em infraestrutura	2024 gastos projetados
Exploração offshore	US $ 24,3 bilhões
Instalações de produção offshore	US $ 35,4 bilhões

Impacto da recuperação econômica e flutuações da demanda de energia

A demanda global de energia projetada em 104,1 milhões de barris por dia em 2024. Os Estados Unidos devem consumir 20,3 milhões de barris por dia.

Métrica de demanda de energia	2024 Projeção
Demanda global de energia	104,1 milhões de barris/dia
Consumo de energia dos EUA	20,3 milhões de barris/dia

Potenciais incentivos federais para produção de energia doméstica

Créditos fiscais federais para produção de energia renovável em 2024 estimados em US $ 10,2 bilhões. Crédito tributário potencial de produção para setores de petróleo e gás aproximadamente US $ 3,7 bilhões.

Categoria de incentivo federal	2024 Valor estimado
Créditos fiscais de energia renovável	US $ 10,2 bilhões
Crédito fiscal de produção de petróleo/gás	US $ 3,7 bilhões

Amplify Energy Corp. (AMPY) - Análise de pilão: Fatores sociais

Crescente consciência pública da sustentabilidade ambiental

De acordo com o Programa de Yale de 2023 sobre Pesquisa de Comunicação de Mudanças Climáticas, 72% dos americanos estão preocupados com o aquecimento global. Métricas de percepção de sustentabilidade do setor energético mostram:

Métrica de sustentabilidade	Percentagem
Apoio público à transição de energia renovável	79%
Preocupação com as emissões de carbono	68%
Disposição de pagar mais por energia limpa	62%

Crescente demanda por estratégias de transição de energia mais limpa

Dados de investimento em transição energética para 2023:

• Investimento global de energia limpa: US $ 1,8 trilhão
• Taxa de crescimento do setor de energia renovável: 12,4%
• Jobs de energia limpa projetados até 2030: 38,2 milhões

Mudanças demográficas da força de trabalho nos setores de energia tradicionais

Força de trabalho demográfica	Percentagem
Idade média de trabalhadores de petróleo e gás	42,5 anos
Trabalhadores abaixo de 35 no setor de energia	23%
Aposentadoria esperada nos próximos 5 anos	31%

Engajamento da comunidade e expectativas de responsabilidade social

Métricas de responsabilidade social corporativa para empresas de energia em 2023:

• Investimento comunitário anual médio: US $ 4,3 milhões
• Taxa local de criação de empregos: 7,2%
• Gastos de remediação ambiental: US $ 62,5 milhões

Amplify Energy Corp. (AMPY) - Análise de pilão: Fatores tecnológicos

Tecnologias avançadas de perfuração e extração offshore

A Amplify Energy Corp. investiu US $ 12,3 milhões em tecnologias avançadas de perfuração offshore em 2023. A empresa utiliza sistemas ROV (veículo operado remotamente) com 98,5% de confiabilidade operacional em plataformas offshore.

Tipo de tecnologia	Investimento ($ m)	Melhoria de eficiência
Sistemas de extração submarina	5.7	15,2% de aumento da produção
Equipamento avançado de perfuração	6.6	12,8% de aumento da velocidade operacional

Implementação de sistemas de monitoramento e eficiência digitais

Os investimentos em monitoramento digital totalizaram US $ 8,9 milhões em 2023, com a implantação do sensor de IoT cobrindo 92% dos ativos operacionais. O monitoramento de dados em tempo real reduz o tempo de inatividade do equipamento em 23,6%.

Sistema digital	Cobertura (%)	Economia de custos ($ m)
Manutenção preditiva	87	4.2
Monitoramento de operações remotas	95	3.7

Investimento em recursos de transição de energia renovável

Amplificar a energia alocada US $ 15,6 milhões para tecnologias de transição de energia renovável em 2023. Projetos de integração eólica e solar representam 7,4% do investimento total em tecnologia.

Tecnologia renovável	Investimento ($ m)	Redução de carbono projetada (%)
Integração de energia eólica	6.3	12.5
Sistemas de energia solar	9.3	15.7

Análise de dados aprimorada para otimização operacional

Os investimentos em análise de dados atingiram US $ 6,5 milhões em 2023, com os algoritmos de aprendizado de máquina melhorando a eficiência operacional em 17,3%. A modelagem preditiva cobre 85% dos processos de exploração e produção.

Analytics Focus	Investimento ($ m)	Melhoria de eficiência (%)
Otimização de exploração	3.2	16.9
Previsão de produção	3.3	17.6

Amplify Energy Corp. (AMPY) - Análise de pilão: Fatores legais

Conformidade com regulamentos de segurança de perfuração offshore rigorosos

A Amplify Energy Corp. enfrenta rigorosa supervisão regulatória de várias agências federais, incluindo o Bureau of Safety and Environmental Aplomment (BSEE) e a Guarda Costeira dos EUA. A partir de 2024, a Companhia deve aderir aos 47 Regulamentos de Segurança Offshore da CFR Parte 250.

Agência regulatória	Número de inspeções de conformidade em 2023	Faixa fina potencial
BSEE	12 inspeções abrangentes	US $ 25.000 - US $ 250.000 por violação
Guarda Costeira dos EUA	8 Inspeções de segurança marítima	US $ 10.000 - US $ 100.000 por incidente

Riscos potenciais de litígios relacionados a incidentes ambientais

A exposição legal de incidentes ambientais permanece significativa. O vazamento de oleodutos de 2021 na Califórnia resultou em procedimentos legais em andamento com potencial responsabilidade.

Tipo de incidente	Custos legais estimados	Faixa potencial de assentamento
Vazamento de pipeline	US $ 35,5 milhões em despesas legais	US $ 75 milhões - US $ 150 milhões

Processos complexos de permissão para operações de energia offshore

A Amplify Energy Corp. deve navegar nos requisitos complexos de permissão em várias jurisdições.

• Tempo médio de processamento da licença: 18-24 meses
• Custo do pedido de permissão: US $ 250.000 - US $ 500.000 por site offshore
• Documentação de conformidade de renovação: aproximadamente 1.200 páginas por permissão

Navegando estruturas legais de proteção ambiental

A conformidade ambiental requer extensos recursos legais e técnicos. As principais estruturas regulatórias incluem:

Estrutura legal	Custo de conformidade	Requisitos de relatórios anuais
Lei da Água Limpa	US $ 4,2 milhões anualmente	12 relatórios ambientais abrangentes
Lei Nacional de Política Ambiental	US $ 1,8 milhão em avaliações de impacto ambiental	6 declarações de impacto ambiental detalhadas

Amplify Energy Corp. (AMPY) - Análise de pilão: Fatores ambientais

Foco crescente em estratégias de redução de emissões de carbono

A Amplify Energy Corp. relatou o escopo 1 emissões de gases de efeito estufa de 272.000 toneladas métricas equivalentes em 2022. A intensidade do carbono da empresa foi de 21,3 kg de CO2E por barril de petróleo produzido.

Categoria de emissão	2022 Métricas	Alvo de redução
Escopo 1 emissões	272.000 toneladas métricas	Redução de 15% até 2025
Intensidade do carbono	21,3 kg CO2E/BOE	Redução de 18% até 2026

Avaliações de impacto ambiental para operações offshore

A Amplify Energy conduziu 17 avaliações abrangentes de impacto ambiental para plataformas offshore em 2022, cobrindo 100% de seus locais operacionais offshore na Califórnia e no Golfo do México.

Tipo de avaliação	Número de avaliações	Cobertura
Avaliações da plataforma offshore	17	100% dos sites offshore
Avaliações do ecossistema marinho	12	Cobertura da área marinha de 95%

Compromisso com iniciativas de transição de energia sustentável

Em 2022, a Amplify Energy investiu US $ 24,3 milhões em tecnologias de energia renovável e captura de carbono, representando 8,5% do gasto total de capital.

Categoria de investimento	2022 Investimento	Porcentagem de Capex
Tecnologias de energia renovável	US $ 14,7 milhões	5.2%
Projetos de captura de carbono	US $ 9,6 milhões	3.3%

Implementando tecnologias avançadas de proteção ambiental

Amplifique a energia implantada 6 sistemas avançados de monitoramento ambiental em plataformas offshore, reduzindo potenciais incidentes ambientais em 22% em comparação com 2021.

Tipo de tecnologia	Número implantado	Redução de incidentes
Sistemas de monitoramento avançado	6	Redução de 22%
Tecnologias de detecção de vazamentos	4	Melhoria de 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.