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Amplify Energy (Amplify Energy) Effective Interest Rate on Debt % : 10.49% (As of Mar. 2024)


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What is Amplify Energy Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Amplify Energy's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $14.1 Mil. Amplify Energy's average total debt for the quarter that ended in Mar. 2024 was $134.5 Mil. Therefore, Amplify Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 10.49%.


Amplify Energy Effective Interest Rate on Debt % Historical Data

The historical data trend for Amplify Energy's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Amplify Energy Effective Interest Rate on Debt % Chart

Amplify Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.30 7.16 4.71 6.25 10.26

Amplify Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.05 10.54 12.87 11.07 10.49

Competitive Comparison of Amplify Energy's Effective Interest Rate on Debt %

For the Oil & Gas E&P subindustry, Amplify Energy's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Amplify Energy's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Amplify Energy's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Amplify Energy's Effective Interest Rate on Debt % falls into.



Amplify Energy Effective Interest Rate on Debt % Calculation

Amplify Energy's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -17.719/( (209.194+136.066)/ 2 )
=-1  *  -17.719/172.63
=10.26 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=196.567 + 12.627
=209.194

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=120.09 + 15.976
=136.066

Amplify Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -14.108/( (136.066+132.884)/ 2 )
=-1  *  -14.108/134.475
=10.49 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=120.09 + 15.976
=136.066

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=119.704 + 13.18
=132.884

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Amplify Energy  (NYSE:AMPY) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Amplify Energy Effective Interest Rate on Debt % Related Terms

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Amplify Energy (Amplify Energy) Business Description

Industry
Traded in Other Exchanges
Address
500 Dallas Street, Suite 1700, Houston, TX, USA, 77002
Amplify Energy Corp is an independent oil and natural gas company engaged in the acquisition, development, exploitation, and production of oil and natural gas properties in the United States. The company's oil and natural gas properties are located in large, mature oil and natural gas reservoirs. The company assets consist of producing oil and natural gas properties located in Oklahoma, the Rockies, federal waters offshore Southern California, East Texas/North Louisiana, and Eagle Ford.
Executives
Eric Edward Dulany officer: See Remarks C/O AMPLIFY ENERGY, 500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002
James Frew officer: SVP, CHIEF FINANCIAL OFFICER 500 DALLAS STREET, SUITE 2700, HOUSTON TX 77002
Daniel Furbee officer: SVP, CHIEF OPERATING OFFICER 500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002
Vidisha Prasad director C/O CENTENNIAL RESOURCE DEVELOPMENT, INC, 1001 17TH STREET, SUITE 1800, DENVER CO 80202
Deborah G Adams director FULBRIGHT TOWER, 1301 MCKINNEY STREET, SUITE 2300, HOUSTON TX 77010
Todd R Snyder director 1251 AVENUE OF THE AMERICAS, 51ST FLOOR, NY NY 10020
Patrice D Douglas director 1712 CROSSBOW, EDMOND OK 73034
Martyn Willsher officer: SVP, CFO 500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002
Christopher W. Hamm director 500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002
James E Craddock director 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Eric T. Greager director 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Evan S. Lederman director C/O FIR TREE PARTNERS, 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036
David Proman director C/O FIR TREE INC., 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036
Richard Smiley officer: Senior V.P. Operations 500 DALLAS STREET, SUITE 1800, HOUSTON TX 77002
Anthony William Lopez officer: See Remarks 500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002