Amplitude Energy Limited

AEL.ASX

Energy

Oil & Gas

Market Data

Price

$1.535

+0.0%
Market Cap

$460.3M

P/E Ratio

-100000.0x

EPS

$-0.096

Div. Yield

0.00%

52-Week Change

-0.3%

Latest Earnings

Q4 FY26 Quarterly Report

15 July 2026

Revenue
$285.80
+7.0% YoY

Amplitude Energy delivered strong FY26 results with record production of 27.6 PJe (+3% YoY), record revenue of $285.8M (+7% YoY), and record realised gas price of $10.35/GJ (+4% YoY), while significantly reducing net debt to $37.2M (down 85% from $242.8M). Q4 saw steady production of 6.81 PJe but softer pricing (-5% QoQ), though the company maintained resilience through its heavily-contracted gas sales portfolio (~80% CY2026 sales committed). The company is well-positioned for growth with the Artisan acquisition improving East Coast Supply Project economics, Juliet drilling expected late July/August, and FID on ECSP development targeted for Q1 FY27. Key points: Record FY26 production of 27.6 PJe (+3% YoY) with Q4 steady at 6.81 PJe (74.8 TJe/day), and new OGPP production records post-quarter-end of 74.7 TJ/day and 73.8 TJ/day 7-day average; Record FY26 revenue of $285.8M (+7% YoY) and record realised gas price of $10.35/GJ (+4% YoY) demonstrates strong price realisations and sales mix management; Dramatic net debt reduction to $37.2M (-85% from $242.8M), with cash reserves of $138.0M (+121% YoY), providing strong financial flexibility for ECSP development

Recent Announcements

15 Jul 2026 Actual Results Positive

Q4 FY26 Quarterly Report

Amplitude Energy delivered strong FY26 results with record production of 27.6 PJe (+3% YoY), record revenue of $285.8M (+7% YoY), and record realised gas price of $10.35/GJ (+4% YoY), while significantly reducing net debt to $37.2M (down 85% from $242.8M). Q4 saw steady production of 6.81 PJe but softer pricing (-5% QoQ), though the company maintained resilience through its heavily-contracted gas sales portfolio (~80% CY2026 sales committed). The company is well-positioned for growth with the Artisan acquisition improving East Coast Supply Project economics, Juliet drilling expected late July/August, and FID on ECSP development targeted for Q1 FY27. Key points: Record FY26 production of 27.6 PJe (+3% YoY) with Q4 steady at 6.81 PJe (74.8 TJe/day), and new OGPP production records post-quarter-end of 74.7 TJ/day and 73.8 TJ/day 7-day average; Record FY26 revenue of $285.8M (+7% YoY) and record realised gas price of $10.35/GJ (+4% YoY) demonstrates strong price realisations and sales mix management; Dramatic net debt reduction to $37.2M (-85% from $242.8M), with cash reserves of $138.0M (+121% YoY), providing strong financial flexibility for ECSP development

24 Jun 2026 Sph Neutral

Becoming a substantial holder

State Street Corporation became a substantial holder (5.12%).

5 Jun 2026 Sph Neutral

Ceasing to be a substantial holder

State Street Corporation ceased to be a substantial holder.

20 May 2026 Sph Neutral

Becoming a substantial holder

State Street Corporation became a substantial holder (5.41%).

19 May 2026 Sph Neutral

Becoming a substantial holder

controlled entities named in the list of 4 pages annexed to this notice and marked A (Daiichi Controlled Entities) became a substantial holder.

18 May 2026 Sph Neutral

Ceasing to be a substantial holder

State Street Corporation ceased to be a substantial holder.

28 Apr 2026 Sph Neutral

Becoming a substantial holder

State Street Corporation became a substantial holder (5.16%).

27 Apr 2026 Sph Neutral

Ceasing to be a substantial holder

State Street Corporation ceased to be a substantial holder.

20 Apr 2026 Actual Results Positive

Q3 FY26 Quarterly Report

Amplitude Energy delivered record Q3 FY26 quarterly revenue of $74.1M (+3% QoQ) driven by a record average realised gas price of $10.74/GJ and record spot gas sales of 2.1 PJ, while the Orbost Gas Processing Plant demonstrated production capacity above 70 TJ/day with new operational records. The company maintained strong momentum with guidance tracking towards the upper end of 73-77 TJe/day production guidance and two major foundation gas sales agreements signed for the East Coast Supply Project targeting first gas in CY2028. Key points: Record quarterly revenue of $74.1M (+3% QoQ) with record average realised gas price of $10.74/GJ (+4% QoQ); Orbost Gas Processing Plant achieved production above nameplate capacity with new records: 7-day average of 71.0 TJ/d and 30-day average of 70.2 TJ/d; Record spot gas sales of 2.1 PJ (35% of OGPP sales gas) demonstrating strong market demand and trading optimization

20 Mar 2026 Sph Neutral

Becoming a substantial holder

State Street Corporation became a substantial holder (5.40%).

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