Amplitude Energy (ASX:AEL) reported Tuesday that its earnings per diluted share in the fiscal first half was AU$0.003, compared with a loss per diluted share of AU$0.034 a year earlier.
Analysts polled by Visible Alpha expected the company to break even.
Revenue for the six months ended Dec. 31, 2024, was AU$133.7 million, up from AU$105.9 in the same period a year earlier. Analysts surveyed by Visible Alpha expected AU$133.3 million.
The oil and gas firm provided fiscal 2025 production guidance of 65 to 72 terajoules of energy per day. Production expenses are expected to range from AU$55 million to AU$63 million, while capital expenditure is expected to be AU$50 million to AU$60 million.
The board did not declare a dividend for the reported period.
Shares rose nearly 3% in morning trade Tuesday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.