BUZZ-Macquarie cuts earnings view for Australia's Amplitude Energy as gas prices disappoint

Reuters
2025/10/28
BUZZ-<a href="https://laohu8.com/S/MQG.AU">Macquarie</a> cuts earnings view for Australia's <a href="https://laohu8.com/S/COPJF">Amplitude Energy</a> as gas prices disappoint

** Macquarie revises down FY26 adjusted EPS forecast for Amplitude Energy AEL.AX by 17% to 1.44 AU cents per share

** Says first-quarter realised gas price of A$10.16/GJ was a little below expectations; however, production of 6.85PJe was in line with expectations

** Rates stock "Outperform", adds "AEL remains our key pick for East Coast Gas exposure" - Analyst

** Stock rated "Buy" on avg by 8 analysts; their median PT is A$0.29 – according to data compiled by LSEG

** Stock flat in current session, but up 18.9% YTD

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((Jasmeenaraislam.Shaikh@thomsonreuters.com;))

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