NEW YORK, June 21, 2017 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Amplify Energy Corp. (OTCQX: AMPY), an independent oil and natural gas company, has qualified to trade on the OTCQX® Best Market. Amplify Energy upgraded to OTCQX from the Pink® market.
Amplify Energy begins trading today on OTCQX under the symbol "AMPY." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We are pleased to welcome Amplify Energy to our OTCQX Best Market," said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. "Upgrading to OTCQX indicates Amplify Energy's commitment to providing up to date news and financial disclosure to their investors. Trading on OTCQX will allow the company to broaden its visibility through a more transparent trading experience and dedicated capital market support."
Bill Scarff, President and Chief Executive Officer of Amplify Energy, stated, "We are very pleased to have the opportunity to trade on OTCQX and see this as an important step to enhancing trading liquidity and investor visibility of our company."
Amplify Energy was sponsored for OTCQX by Northland Securities, Inc., a qualified third party firm responsible for providing guidance on OTCQX requirements and recommending membership.
Amplify Energy Corp. is an independent oil and natural gas company engaged in the acquisition, development, exploration and production of oil and natural gas properties. The Company's operations are focused in East Texas/Louisiana, the Rockies, offshore California and South Texas.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market, and the Pink® Open Market for 10,000 U.S. and global securities. Through OTC Link® ATS, we connect a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.
To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
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SOURCE OTC Markets Group Inc.