Amplify Energy Corp. and Juniper Capital Terminate Merger Agreement Amid Market Volatility
Amplify Energy Corp. (NYSE: AMPY), an oil and gas company specializing in acquiring, producing, and developing oil and gas properties, has announced the termination of its merger agreement with Juniper Capital Advisors. This decision was made due to extraordinary market volatility, as reported on April 25, 2025.
The termination agreement includes an $800,000 cash payment to Juniper Capital instead of any potential termination fee. Following this development, Amplify Energy has canceled its special stockholders meeting and withdrawn the proposals initially outlined in its March 4, 2025 proxy statement.
Previously, Amplify Energy had rescheduled its special meeting to finalize merger plans, indicating ongoing discussions and adjustments in response to market conditions. However, the volatility led to the mutual decision to terminate the agreement.
Amplify Energy Corp., listed on the New York Stock Exchange, has a market capitalization of $103,250,000 USD. The company’s stock price closed at $2.54 on April 23, 2025, with a 52-week high of $8.15 and a low of $2.27. The price-to-earnings ratio stands at 8.27.
This development marks a significant shift in Amplify Energy’s strategic plans, reflecting the challenges posed by market conditions. The company continues to serve its customers in the United States, maintaining its focus on oil and gas production and development.
For further updates, stakeholders and interested parties can visit Amplify Energy’s official website at www.amplifyenergy.com .