H1 FY26 results summary and production guidance increase

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Stock AEL.ASX (AEL.ASX)
Release Time 25 Feb 2026, 8:12 a.m.
Price Sensitive Yes
 H1 FY26 results summary and production guidance increase
Key Points
  • Record half-year production, revenue, underlying EBITDAX, and adjusted cash flow
  • Orbost Gas Processing Plant producing above nameplate capacity
  • Production guidance increased to 73 - 77 TJe/day for FY26
Full Summary

Amplitude Energy Limited (ASX:AEL) announced record results for the six months ended 31 December 2025 (H1 FY26). Key highlights include:- Record half-year production of 13.9 PJ-equivalent, or 75.5 TJ-equivalent per day, up 3% on H1 FY25- Record half-year revenue of $141.5 million, up 6% on H1 FY25- Record half-year underlying EBITDAX of $100.3 million, up 9% on H1 FY25- Record adjusted cash flow from operations of $85.6 million, up 5% on H1 FY25- Orbost Gas Processing Plant (OGPP) producing above nameplate capacity, with new daily and 7-day-average production records set- Production guidance increased to 73 - 77 TJe/day for FY26, up from the previous guidance of 69 - 74 TJe/dayThe results demonstrate Amplitude Energy's continued operational and financial performance, with higher production, realised gas prices, and strong cost control. The company also provided updates on its East Coast Supply Project and the Patricia Baleen commercialisation opportunity.

Guidance

FY26 production guidance increased to 73 - 77 TJe/day, or 26.6 - 28.1 PJe in total for FY26 (previously 69 - 74 TJe/day, or 25.2 - 27.0 PJe in total).

Outlook

Amplitude Energy expects to continue its strong operational and financial performance, driven by further production growth at the Orbost Gas Processing Plant, a 20% increase in contracted gas prices from 1 January 2026, and continued cost control.