Amplify Energy Corp.
Amplify Energy Corp., a prominent player in the energy sector, is headquartered in the United States, with significant operations across key regions including California and Texas. Founded in 2019, the company has quickly established itself in the oil and gas industry, focusing on the acquisition and operation of mature oil and natural gas assets. Specialising in the production of hydrocarbons, Amplify Energy is recognised for its commitment to sustainable practices and operational efficiency. The company’s unique approach to asset management and its emphasis on innovative technologies have positioned it as a competitive force in the market. With a strong portfolio of core services, including exploration, production, and environmental stewardship, Amplify Energy Corp. continues to achieve notable milestones, reinforcing its reputation as a reliable energy provider.
DitchCarbon Score
How does Amplify Energy Corp.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Crude Oil Extraction industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Amplify Energy Corp.'s score of 15 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Amplify Energy Corp.'s reported carbon emissions
In 2023, Amplify Energy Corp. reported Scope 1 emissions of approximately 150,497,000 kg CO2e. This figure represents a significant reduction from previous years, with emissions decreasing from about 211,652,000 kg CO2e in 2022, 233,792,000 kg CO2e in 2021, and 264,952,000 kg CO2e in 2020. The company has not disclosed any Scope 2 or Scope 3 emissions for 2023, but in 2022, Scope 2 emissions were about 10,140 kg CO2e, and Scope 3 emissions were approximately 44,560,000 kg CO2e. Amplify Energy has demonstrated a commitment to reducing its carbon footprint, achieving a notable decrease in Scope 1 emissions intensity, which fell from about 10,100 kg CO2e per tonne in 2022 to approximately 6,900 kg CO2e per tonne in 2023. However, the company has not set specific reduction targets or climate pledges, indicating a potential area for future commitment. Overall, Amplify Energy's emissions data reflects a positive trend towards lower carbon emissions, aligning with industry standards for climate action, although further transparency regarding Scope 2 and Scope 3 emissions and formal reduction targets would enhance their climate commitments.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 404,244,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 12,300 | 0,000 | 0,000 | 0,000 | 00,000 | - |
| Scope 3 | 44,965,000 | 000,000,000 | 000,000 | 00,000,000 | 00,000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Amplify Energy Corp. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
