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Amplitude Energy ( (AU:AEL) ) has provided an announcement.
Amplitude Energy Limited held its Annual General Meeting, where all resolutions were passed by a significant majority. The successful resolutions include key decisions on remuneration, director elections, and the approval of an equity incentive plan, highlighting strong shareholder support and strategic alignment with the company’s growth objectives.
The most recent analyst rating on (AU:AEL) stock is a Buy with a A$0.31 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 is an Australian gas production company focused on supplying the Southeast domestic gas market. The company operates offshore gas fields in Commonwealth waters and onshore processing plants in the Otway and Gippsland Basins, near Australia’s largest gas demand centers. Additionally, it has non-operated oil production in the Cooper Basin and holds a portfolio of long-term customer gas supply contracts while maintaining exposure to the tight Australian East Coast spot gas markets. Amplitude Energy also possesses an extensive portfolio of exploration and development prospects, including undeveloped resources like the Annie and Manta gas fields, close to its existing infrastructure.
Average Trading Volume: 6,987,455
Technical Sentiment Signal: Buy
Current Market Cap: A$819.3M
For a thorough assessment of AEL stock, go to TipRanks’ Stock Analysis page.