Amplitude Energy FY26 slides: record results, ECSP to double earnings
Amplitude Energy (ASX:AEL) disclosed its fiscal year 2026 results on August 18, 2026, revealing record operational and financial performance alongside plans to more than double earnings via its East Coast Supply Project (ECSP) by fiscal year 2029. The Australian gas producer reported significant increases in production, revenue, and cash generation, all driven by improvements at the Orbost Gas Processing Plant and disciplined cost management.
Despite the strong performance, the company's shares fell 1.29% to $1.525, trading near its 52-week low of $1.24 amid expectations of heavy capital expenditure for ECSP drilling and development.
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