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Amplitude Energy Limited (ASX:AEL)

ALERT: Price-sensitive ASX Announcement for AEL
Current share price for AEL : $1.630 0.085 (5.50%)+
Release
18 Aug 2026 8:08AM
Price at Release
$1.545
Full Release
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Summary
Amplitude Energy Limited (ASX:AEL) announced record-breaking financial and operational results for FY26, ending on June 30, 2026. The company achieved the highest production, revenue, underlying EBITDAX, and adjusted cash from operations in its history. Key achievements include a 27.6 PJ-equivalent in production, an increase in revenue to $285.8 million, and substantial improvements in operational cash flow and underlying profit. The year also marked the advancement of the East Coast Supply Project (ECSP), with successful acquisition of the Artisan gas field, which is expected to enhance project economics and production capacity. FY27 guidance suggests strong production with strategic focus on cost control and continued drilling under the ECSP, aiming for robust operational cash generation.
Key Points
  • Record full-year production at 27.6 PJ-equivalent.
  • Revenue increased by 7% to $285.8 million.
  • Underlying EBITDAX rose by 12% to $191.8 million.
  • Significant progress in East Coast Supply Project (ECSP).
  • Successful acquisition of the Artisan gas field.
  • FY27 guidance highlights strong production and cost control.
  • Continued drilling and development in the Otway and Gippsland Basins.
  • Record cash flow improvements with a focus on long-term value.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.