AEL Price sensitive 18 Aug 2026, 8:08 AM

FY26 full year results release

Amplitude Energy Ltd

Amplitude Energy Announces Record FY26 Results

Key points

  • Record full-year production up 3% to 27.6 PJe
  • Record full-year revenue up 7% to $285.8 million
  • Record full-year underlying EBITDAX up 12% to $191.8 million
  • Strong production from Gippsland Basin
  • FY27 guidance anticipates continued strong production

Full summary

Amplitude Energy Limited announced record financial results for the twelve months ended 30 June 2026 (FY26), highlighting a 3% increase in full-year production to 27.6 PJ-equivalent (PJe), or 75.5 TJ-equivalent per day (TJe/d). Sales revenue rose 7% to a new record of $285.8 million, driven by higher sales volumes and realised gas prices. Underlying EBITDAX increased 12% to $191.8 million, with an underlying EBITDAX margin of 67%. The company also achieved a 19% increase in adjusted cash from operations to $191.0 million. Production in the Gippsland Basin reached a record 66.5 TJ/d, with the Orbost Gas Processing Plant (OGPP) operating above its previous 68 TJ/day nameplate capacity. The East Coast Supply Project (ECSP) continued to progress, with drilling underway and two binding gas supply agreements signed. FY27 guidance anticipates strong production and cost control, with a production guidance of 26.6 - 28.5 PJe.

Guidance

FY27 production guidance: 26.6 - 28.5 PJe, production expenses: $58 - 64 million, capital expenditure: $250 - 310 million

Outlook

Amplitude Energy expects strong production and cost control in FY27, with continued focus on the East Coast Supply Project and maintaining strong base business cash flows.

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