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The latest update is out from Amplitude Energy ( (AU:AEL) ).
Amplitude Energy has issued an investor conference document outlining its operations, reserves reporting standards and use of non‑IFRS performance metrics, while stressing that these figures are derived from reviewed but unaudited financial statements. The company highlights extensive geological, operational, financial and regulatory risks attached to its projects and resource estimates, underscoring the inherent uncertainty in future outcomes for investors and other stakeholders.
The most recent analyst rating on (AU:AEL) stock is a Buy with a A$3.65 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 is an Australian oil and gas company listed on the ASX, focused on exploration, development and production activities. The group reports petroleum reserves and resources under the SPE’s 2018 Petroleum Resources Management System and discloses performance using non‑IFRS financial measures such as EBITDAX, EBITDA, EBIT, underlying profit and free cash flow.
Average Trading Volume: 1,222,888
Technical Sentiment Signal: Hold
Current Market Cap: A$773.7M
For detailed information about AEL stock, go to TipRanks’ Stock Analysis page.