Latest news with #Coghill
Yahoo
19-05-2025
- Business
- Yahoo
Amplify Energy Appoints Clint Coghill to Board of Directors
HOUSTON, May 19, 2025 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE: AMPY) ('Amplify' or the 'Company') today announced that it has appointed Clint Coghill to its Board of Directors (the 'Board') as Lead Independent Director, effective May 16, 2025. In connection with Mr. Coghill's appointment, the Company entered into a cooperation agreement with Mr. Coghill and his affiliates Stoney Lonesome HF, LP and The Drake Helix Holdings, LLC (collectively, 'Stoney Lonesome'), the beneficial owners of approximately 7% of the Company's outstanding shares. Mr. Coghill will serve as a member of the Board's Compensation Committee and be included in the Board's slate of nominees up for election at the Company's upcoming 2025 Annual Meeting of Stockholders. 'We appreciate the constructive dialogue we have had with Clint and are pleased to welcome him to the Board,' said Chris Hamm, Chairman of Amplify. 'We believe Clint's business and financial expertise and strong shareholder perspective will be invaluable assets to the Company and we look forward to working with him.' Clint Coghill, the Chief Investment Officer of Stoney Lonesome, said, 'I'm pleased to join the Board of Amplify and look forward to working with Amplify's Board and management team to help the Company achieve its potential and drive shareholder value.' In connection with the cooperation agreement, Stoney Lonesome has agreed to a customary standstill, voting and other provisions. The cooperation agreement will be included as an exhibit to a Current Report on Form 8-K, which the Company will file with the U.S. Securities and Exchange Commission. Kirkland & Ellis LLP served as legal counsel to Amplify. About Clint Coghill Clint Coghill brings more than 30 years of experience as a successful money manager, software entrepreneur, and philanthropist. Mr. Coghill is the Founder of Backstop Solutions Group, LLC, an industry-leading service company redefining the way firms operate in private markets and reshaping the institutional investment industry. From 2003 to 2021, Mr. Coghill served as Chairman of the Board and Chief Executive Officer of Backstop Solutions Group, LLC from 2013 until its sale to ION Analytics in 2021, where he then was the Head of the Investor Segment until early 2025. Prior to that, he served as President and Chief Investment Officer of Coghill Capital Management, LLC. Mr. Coghill currently serves as the chairman of the board of the Coghill Family Foundation and serves on the board of directors of New Moly, LLC. Mr. Coghill holds a B.A. in Business Administration from the University of Arizona and an M.B.A. from the London Business School. About Amplify Energy Amplify Energy Corp. is an independent oil and natural gas company engaged in the acquisition, development, exploitation and production of oil and natural gas properties. Amplify's operations are focused in Oklahoma, the Rockies (Bairoil), federal waters offshore Southern California (Beta), East Texas / North Louisiana, and the Eagle Ford (Non-op). For more information, visit Forward-Looking Statements This press release includes 'forward-looking statements.' All statements, other than statements of historical fact, included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. Terminology such as 'could,' 'believe,' 'anticipate,' 'intend,' 'estimate,' 'expect,' 'may,' 'continue,' 'predict,' 'potential,' 'project' and similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to, statements about the Company's upcoming 2025 Annual Meeting of Stockholders, expectations of plans, goals, strategies (including measures to implement strategies), objectives and anticipated results with respect thereto. These statements address activities, events or developments that we expect or anticipate will or may occur in the future, including things such as projections of results of operations, plans for growth, goals, future capital expenditures, competitive strengths, references to future intentions and other such references. These forward-looking statements involve risks and uncertainties and other factors that could cause the Company's actual results or financial condition to differ materially from those expressed or implied by forward-looking statements. Without limiting the generality of the foregoing, forward-looking statements contained in this press release specifically include the expectations of plans, strategies, objectives and growth and anticipated financial and operational performance of the Company and its affiliates. Please read the Company's filings with the Securities and Exchange Commission (the 'SEC'), including 'Risk Factors' in the Company's Annual Report on Form 10-K, and if applicable, the Company's Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, which are available on the Company's Investor Relations website at or on the SEC's website at for a discussion of risks and uncertainties that could cause actual results to differ from those in such forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements in this press release are qualified in their entirety by these cautionary statements. Except as required by law, the Company undertakes no obligation and does not intend to update or revise any forward-looking statements, whether as a result of new information, future results or otherwise. Contacts Amplify Energy Jim Frew -- Senior Vice President and Chief Financial Officer(832) Michael Jordan -- Director, Finance and Treasurer(832) FTI Consulting Tanner Kaufman / Brandon Elliott / Rose Zuamplifyenergy@ in to access your portfolio

Yahoo
27-01-2025
- Yahoo
Employee hurt by exploding toilet at city hall
A bizarre accident involving a toilet happened at the City-County building on Monday morning. It shattered and injured a city employee. It's the same building 11 Investigates has reported on for poor conditions and broken items for months now. >>> 11 Investigates: City of Pittsburgh-owned buildings in shambles Video of the toilet shows the tank shattered with sharp jagged edges of porcelain sticking up. It happened Monday morning on the fifth floor, not far from the Mayor's offices. 11 Investigates obtained the emergency dispatch call. Dispatcher: Along with EMS and the Sheriff's units, requesting a city officer respond in the Mayor's office area. They have a 65-year-old male with a gash to his leg after having a toilet explode. A spokesperson for Mayor Ed Gainey's office told 11 Investigates the employee was injured when a plumbing fixture failed on the toilet. The man reportedly suffered a cut to his leg, but managed to walk to the ambulance for treatment. 'The employee is currently recovering from minor, non-life threatening injuries and is expected to be released from the hospital today,' said a city spokesperson in an email statement to 11 Investigates. 'We're not taken care of our own house,' said City Councilman Anthony Coghill. Coghill said he's relieved the employee wasn't seriously injured. For months now, 11 Investigates has been reporting on the poor conditions at the City-County building, the City Municipal Courts building, and other city-owned facilities. We showed you peeling paint, broken urinals, fountains with mold and elevators that don't work. >>> 11 Investigates Exclusive: Money for broken city elevators used to buy furniture At the Police and Fire Training Academy, instructors and recruits had been without heat for months after the boiler broke. Instructors set up space heaters just to stay warm. >>> 11 Investigates: Pittsburgh police & fire training academy has been without heat for months After 11 Investigates broke the story, the boiler was fixed weeks later, just in time for those single-digit temperatures. Coghill, who's also a contractor, said things need to change, and quickly. 'I notice every crooked shutter and every dripping faucet, I'm afraid to do an in-depth look at all of our facilities because I'm afraid of what I would find,' said Coghill. Coghill added that many city-owned buildings need some serious improvements and upgrades, but he acknowledged that will cost a lot of money, and it may be difficult to accomplish during a lean budget these next couple of years. Download the FREE WPXI News app for breaking news alerts. Follow Channel 11 News on Facebook and Twitter. | Watch WPXI NOW