What drove the record financial results for Amplitude Energy?

Amplitude Energy (ASX:AEL) achieved record annual sales revenue because it increased its total full-year production to 27.55 petajoule equivalents and experienced higher realised gas prices.

What are the key debt figures reported by Amplitude Energy?

Amplitude Energy (ASX:AEL) reduced its net debt position by 85 per cent down to $37.2 million by the end of the 2026 financial year. The company stated that this reduction from the previous year's net debt of $242.8 million provides a stable footing to fund its next phase of project drilling through internal cash flows.

How did the stock market respond to the Amplitude Energy announcement?

Following the market announcement, the Amplitude Energy (ASX:AEL) share price was unchanged at $1.32. Investors maintained a neutral stance as the company outlined its record financial results and upcoming exploration timelines.

What is the development timeline for the East Coast Supply Project?

Amplitude Energy (ASX:AEL) forecasts that the drilling of its Juliet prospect will commence in late July or early August, followed by the Annie development well. The company expects first gas production from the broader East Coast Supply Project to remain on track for the 2028 calendar year.

What geographic assets are driving the Amplitude Energy strategy?

Amplitude Energy (ASX:AEL) is focused on supplying domestic gas from the Otway and Gippsland Basins to customers across southeastern Australia. This regional footprint was expanded through an agreement to acquire the Artisan gas field from Beach Energy (ASX:BPT).

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Amplitude Energy reports record revenue of $285.8M

Written by Mahathir BayenaPublished Jul 14, 2026, 11:25 PM

Amplitude Energy achieved a record annual sales revenue of $285.8 million for the 2026 financial year.
The company reduced its net debt position by 85% down to $37.2 million.
The acquisition of the Artisan gas field is intended to support the upcoming East Coast Supply Project drilling campaign.

Australian energy producer Amplitude Energy (ASX:AEL) reported a record annual sales revenue of $285.8 million for the 2026 financial year.

This revenue performance represents a 7% increase compared to the $267.7 million recorded in the previous financial year.

“Amplitude Energy finished FY26 with positive momentum, posting new production, revenue, and realised price records for the financial year,” said Amplitude Energy Managing Director and CEO Jane Norman.

The company stated that its total full-year production reached 27.55 petajoule equivalents while annual capital costs were managed internally.

Following the announcement of these upcoming drilling developments, the Amplitude Energy share price was unchanged at $1.32.

The company previously expanded its regional footprint by executing an agreement to acquire the Artisan gas field from Beach Energy (ASX:BPT).

The ongoing strategy focuses on supplying domestic gas from the Otway and Gippsland Basins to customers across southeastern Australia.

Amplitude Energy reports record revenue of $285.8M

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