SCHEDULE 13G/A: Stoney Lonesome HF LP Discloses 6.45% Stake in Amplify Energy Corp.

Stoney Lonesome HF LP, along with Clint Coghill, has disclosed a combined beneficial ownership of 6.66% in Amplify Energy Corp.'s common stock, as detailed in a recent Schedule 13G filing.

Summary

• Stoney Lonesome HF LP reported beneficial ownership of 2,564,000 shares of Amplify Energy Corp. common stock, representing 6.45% of the class.
• Clint Coghill reported beneficial ownership of 85,410 shares of Amplify Energy Corp. common stock, representing 0.21% of the class.
• Collectively, Stoney Lonesome HF LP and Clint Coghill beneficially own 2,649,410 shares, totaling 6.66% of Amplify Energy Corp.'s common stock.
• Both reporting persons hold sole voting and sole dispositive power over their respective shares.
• The filing certifies that the securities were not acquired or held for the purpose of changing or influencing the control of the issuer, except for activities solely in connection with a nomination under Rule 240.14a-11.

Sentiment

Score: 5

Explanation: The filing is a routine disclosure of beneficial ownership and does not contain performance or strategic updates, thus maintaining a neutral sentiment.

Positives

• The disclosure of a significant 6.66% collective stake by Stoney Lonesome HF LP and Clint Coghill indicates a notable investment interest and potential confidence in Amplify Energy Corp.
• The certification that the stake is not for the purpose of changing or influencing control suggests a passive investment, which may reduce concerns about potential activist interventions or disruptive corporate actions.

Future Outlook

NA

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11."

Industry Context

This filing indicates a significant investment by an institutional entity and an individual in Amplify Energy Corp., an energy company. Such disclosures are common in the energy sector, where investment firms often take substantial positions based on commodity price outlooks, asset valuations, or strategic shifts within the industry.

Stakeholder Impact

• Shareholders will note the significant ownership stake held by Stoney Lonesome HF LP and Clint Coghill, which could be interpreted as a vote of confidence in the company's future.

Key Dates

Recommendation

Keywords

Amplify Energy Corp, SEC filing, Schedule 13G, beneficial ownership, institutional investor, Stoney Lonesome HF LP, Clint Coghill, common stock, energy sector