Amplitude Energy Concludes Artisan Buy at Fair Price -- Market Talk

Dow Jones06-01

2248 GMT - Ord Minnett is happy with the price paid by Amplitude Energy for the Artisan natural-gas field. Amplitude is acquiring Artisan from Beach Energy for A$58.3 million upfront and a production royalty of A$3.75/per gigajoule. "In our view, this is a fair price to pay for increased confidence in the growth outlook and is comparable with the development costs for offshore wells (but without the exploration risk)," analyst Tim Elder says. The Artisan acquisition effectively underwrites the East Coast Supply Project. Ord Minnett expects the upfront consideration will be easily funded from the company's available debt capacity of A$345 million. "We expect a re-rate on future exploration success (Juliet in July-August) and as Amplitude's progresses toward gas production growth," Ord Minnett says. It retains a buy call on the stock. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

May 31, 2026 18:48 ET (22:48 GMT)

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Amplitude is acquiring Artisan from <a href=\"https://laohu8.com/S/BPT.AU\">Beach Energy</a> for A$58.3 million upfront and a production royalty of A$3.75/per gigajoule. \"In our view, this is a fair price to pay for increased confidence in the growth outlook and is comparable with the development costs for offshore wells (but without the exploration risk),\" analyst Tim Elder says. The Artisan acquisition effectively underwrites the East Coast Supply Project. Ord Minnett expects the upfront consideration will be easily funded from the company's available debt capacity of A$345 million. \"We expect a re-rate on future exploration success (Juliet in July-August) and as Amplitude's progresses toward gas production growth,\" Ord Minnett says. It retains a buy call on the stock. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 31, 2026 18:48 ET (22:48 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amplitude Energy Concludes Artisan Buy at Fair Price -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmplitude Energy Concludes Artisan Buy at Fair Price -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-06-01 06:48</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2248 GMT - Ord Minnett is happy with the price paid by <a href=\"https://laohu8.com/S/COPJF\">Amplitude Energy</a> for the Artisan natural-gas field. Amplitude is acquiring Artisan from <a href=\"https://laohu8.com/S/BPT.AU\">Beach Energy</a> for A$58.3 million upfront and a production royalty of A$3.75/per gigajoule. \"In our view, this is a fair price to pay for increased confidence in the growth outlook and is comparable with the development costs for offshore wells (but without the exploration risk),\" analyst Tim Elder says. The Artisan acquisition effectively underwrites the East Coast Supply Project. Ord Minnett expects the upfront consideration will be easily funded from the company's available debt capacity of A$345 million. \"We expect a re-rate on future exploration success (Juliet in July-August) and as Amplitude's progresses toward gas production growth,\" Ord Minnett says. It retains a buy call on the stock. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 31, 2026 18:48 ET (22:48 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AMPL","symbol_name":"AmplitudeE, Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2640898609","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2640898609","pubTimestamp":1780267680,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2248 GMT - Ord Minnett is happy with the price paid by Amplitude Energy for the Artisan natural-gas field. Amplitude is acquiring Artisan from Beach Energy for A$58.3 million upfront and a production royalty of A$3.75/per gigajoule. \"In our view, this is a fair price to pay for increased confidence in the growth outlook and is comparable with the development costs for offshore wells ,\" analyst Tim Elder says. The Artisan acquisition effectively underwrites the East Coast Supply Project. Ord Minnett expects the upfront consideration will be easily funded from the company's available debt capacity of A$345 million. \"We expect a re-rate on future exploration success  and as Amplitude's progresses toward gas production growth,\" Ord Minnett says. It retains a buy call on the stock. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"AMPL":"AmplitudeE, Inc.","AEL.AU":"AMPLITUDE ENERGY LIMITED","BK4023":"应用软件","BK7142":"石油与天然气的勘探与生产"},"translate_title":"Amplitude Energy以公平价格完成Artisan收购——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMPL":1.5,"AEL.AU":0.9},"content_text":"2248 GMT - Ord Minnett is happy with the price paid by Amplitude Energy for the Artisan natural-gas field. Amplitude is acquiring Artisan from Beach Energy for A$58.3 million upfront and a production royalty of A$3.75/per gigajoule. \"In our view, this is a fair price to pay for increased confidence in the growth outlook and is comparable with the development costs for offshore wells (but without the exploration risk),\" analyst Tim Elder says. The Artisan acquisition effectively underwrites the East Coast Supply Project. Ord Minnett expects the upfront consideration will be easily funded from the company's available debt capacity of A$345 million. \"We expect a re-rate on future exploration success (Juliet in July-August) and as Amplitude's progresses toward gas production growth,\" Ord Minnett says. It retains a buy call on the stock. 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