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An announcement from Amplitude Energy ( (AU:AEL) ) is now available.
Amplitude Energy has released a news update regarding its operations in the Offshore Otway Basin, highlighting the company’s ongoing efforts in managing project and corporate risks associated with the oil and gas industry. The announcement emphasizes the company’s adherence to industry standards for estimating petroleum reserves and resources, and outlines the potential impacts of various variables on its operations. The release also provides insights into the company’s financial performance measures, such as EBITDAX and EBITDA, to enhance understanding of its operational efficiency.
The most recent analyst rating on (AU:AEL) stock is a Buy with a A$0.34 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 operates in the oil and gas industry, focusing on the exploration and production of petroleum resources. The company is engaged in activities related to drilling, production, and development of oil and gas reserves, with a market focus on the Australian region.
Average Trading Volume: 6,251,026
Technical Sentiment Signal: Buy
Current Market Cap: A$662.9M
See more insights into AEL stock on TipRanks’ Stock Analysis page.