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Amplitude Energy ( (AU:AEL) ) has provided an announcement.
Amplitude Energy has appointed veteran oil and gas executive Matthew Ridolfi as a non-executive director, adding more than 35 years of upstream experience across technical, operational and corporate leadership roles at BHP Petroleum and Woodside Energy. Ridolfi’s track record in delivering complex, multi-billion-dollar projects and his direct familiarity with the company’s Athena Gas Plant and broader operating footprint are expected to support Amplitude’s governance and execution capabilities as it advances its transformational East Coast Supply Project and consolidates its position in Australia’s constrained gas markets.
The most recent analyst rating on (AU:AEL) stock is a Hold with a A$3.00 price target. To see the full list of analyst forecasts on Amplitude Energy stock, see the AU:AEL Stock Forecast page.
More about Amplitude Energy
Amplitude Energy Limited (ASX: AEL) is an Australian gas producer focused on supplying the southeast domestic gas market. The company owns and operates offshore gas fields in Commonwealth waters and onshore processing plants in the Otway and Gippsland Basins near Australia’s largest demand centres, holds non-operated oil production interests in the Cooper Basin, and maintains a portfolio of long-term gas supply contracts alongside exposure to tight East Coast spot gas markets and undeveloped resources such as the Annie and Manta gas fields.
YTD Price Performance: 7.19%
Average Trading Volume: 655,539
Technical Sentiment Signal: Buy
Current Market Cap: A$938.6M
For an in-depth examination of AEL stock, go to TipRanks’ Overview page.