SCHEDULE: Larson Family Trust Boosts Amplify Energy Stake to 6.2%

The Irrevocable Larson Family Investment Trust has disclosed a 6.2% beneficial ownership stake in Amplify Energy Corp., including common stock and call options.

Summary

• The Irrevocable Larson Family Investment Trust reported beneficial ownership of 2,481,000 shares of Amplify Energy Corp. common stock.
• This ownership represents 6.2% of Amplify Energy Corp.'s common stock outstanding.
• The stake includes 2,465,000 common shares and 160 call option contracts.
• The Trust holds sole voting and dispositive power over 2,471,500 shares and shared voting and dispositive power over 9,500 shares.
• The filing certifies that the securities were not acquired or held for the purpose of changing or influencing control of the issuer, other than activities solely in connection with a nomination under Rule 240.14a-11.

Sentiment

Score: 7

Explanation: The disclosure of a significant 6.2% beneficial ownership by an investment trust generally indicates a positive long-term view on Amplify Energy Corp.'s prospects, reflecting investor confidence.

Positives

• Increased institutional ownership by The Irrevocable Larson Family Investment Trust, potentially signaling confidence in Amplify Energy Corp.'s future.
• The Trust holds a significant 6.2% stake, which may suggest a long-term investment perspective.

Risks

• The filing itself does not detail specific operational or financial risks related to Amplify Energy Corp.; it is solely a disclosure of beneficial ownership.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Increased institutional ownership may be viewed positively, potentially signaling confidence and stability in the company.

Key Dates

Recommendation

The filing indicates a significant beneficial ownership stake by The Irrevocable Larson Family Investment Trust, which can be interpreted as a vote of confidence. However, a Schedule 13G is a disclosure of ownership and does not provide detailed financial performance, strategic updates, or valuation metrics necessary for a definitive buy or sell recommendation. Investors should consider this ownership alongside comprehensive financial analysis and market conditions.

Keywords

Amplify Energy Corp, Common Stock, Schedule 13G, Beneficial Ownership, Institutional Investor, Energy Sector, Oil and Gas, Investment Trust, Shareholding