Amplitude Energy Raises FY2025 Production Guidance; Shares Up 6%

MT Newswires Live
16 Apr

Amplitude Energy (ASX:AEL) raised its FY2025 production guidance to 69 to 73 terajoules equivalent (TJe) per day from 65 to 77 TJe per day, according to a Wednesday filing with the Australian bourse.

The upgrade was attributed to continued improvement at the Orbost gas processing plant, the filing said.

Production expenses continue to track within the guidance range of AU$55 million to AU$63 million, per the filing.

Amplitude Energy's shares were up nearly 6% in recent trade.

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