SCHEDULE 13D/A: Stoney Lonesome HF LP Increases Stake in Amplify Energy Corp. to 7.4%
Ownership Disclosure Amendment
Stoney Lonesome HF LP, along with affiliated entities, has increased its beneficial ownership in Amplify Energy Corp. to 7.4% through recent open market purchases.
Summary
- Stoney Lonesome HF LP, The Drake Helix Holdings, LLC, and Clint Coghill have filed Amendment No. 2 to their Schedule 13D regarding their beneficial ownership of Amplify Energy Corp. common stock.
- As of June 6, 2025, Stoney Lonesome HF LP beneficially owns 3,004,347 shares, representing 7.4% of the class.
- The Drake Helix Holdings, LLC beneficially owns 83,000 shares, representing 0.2% of the class.
- Clint Coghill individually beneficially owns 2,410 shares, representing 0% of the class.
- Stoney Lonesome HF LP made open market purchases of Common Stock between June 4, 2025, and June 6, 2025.
- Specific purchases include 181,000 shares on June 4, 2025, at $3.270 per share; 92,000 shares on June 5, 2025, at $3.262 per share; and 31,000 shares on June 6, 2025, at $3.403 per share.
- No other reporting person has made transactions since the filing of Amendment No. 1 on May 16, 2025.
Sentiment
Score: 6
Explanation: The increased stake by an institutional investor could be seen as a positive signal of confidence in Amplify Energy Corp., although the filing itself is purely factual and does not contain explicit sentiment.
Positives
- Increased stake by an institutional investor (Stoney Lonesome HF LP) could signal confidence in the company's future prospects.
- Recent purchases were made at prices ranging from $3.262 to $3.403, indicating a willingness to acquire shares at current market levels.
Future Outlook
NA
Industry Context
This filing indicates an increased stake by an investment firm in an energy company, which is a common activity in the dynamic oil and gas sector where investors seek opportunities based on commodity price fluctuations and company-specific performance.
Stakeholder Impact
- Shareholders: Increased institutional ownership may be viewed positively, potentially signaling confidence and attracting further investment interest.
- Management: The increased stake by an active investor group could lead to increased engagement or influence on corporate strategy.
Key Dates
| Date | Description |
|---|---|
| 04/14/2025 | Original Schedule 13D filed with the Securities and Exchange Commission. |
| 05/16/2025 | Amendment No. 1 to Schedule 13D filed. |
| 06/04/2025 | Date of event which requires filing of this statement; Stoney Lonesome HF LP began purchasing shares. |
| 06/05/2025 | Stoney Lonesome HF LP purchased shares. |
| 06/06/2025 | Stoney Lonesome HF LP purchased shares; Amendment No. 2 signed and filed. |
Recommendation
holdKeywords
Amplify Energy Corp., AEC, Stoney Lonesome HF LP, The Drake Helix Holdings, LLC, Clint Coghill, Schedule 13D, Beneficial Ownership, Common Stock, Open Market Purchases, Energy Sector, Oil and Gas
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