Amplitude Energy Bull Cuts Expectations on Weak Gas Market -- Market Talk

Dow Jones06-18

2327 GMT - With gas market conditions weakening in Australia's eastern states, Macquarie lowers its winter revenue expectations for Amplitude Energy's spot gas sales. That helps to drive a 15% reduction in its price target, to A$2.55/share. Macquarie now expects Amplitude to realize a natural-gas price of A$10.74 per gigajoule in 4Q. It highlights a mild start to winter, which has softened demand, and strong availability of thermal coal for power. Macquarie also notes that Santos's GLNG export facility hasn't been purchasing discounted domestic volumes while Iona storage is near capacity. Macquarie's FY26 and FY27 EPS forecasts fall 7.4% and 13%, respectively, on lower spot gas pricing assumptions. It retains an "outperform" call on Amplitude, which ended Wednesday at A$1.455. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

June 17, 2026 19:28 ET (23:28 GMT)

At the request of the copyright holder, you need to log in to view this content

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.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2644208147?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-18 07:28","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2644208147","market":"nz","top_or_hot":-1,"title":"Amplitude Energy Bull Cuts Expectations on Weak Gas Market -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  2327 GMT - With gas market conditions weakening in Australia's eastern states, <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a> lowers its winter revenue expectations for <a href=\"https://laohu8.com/S/COPJF\">Amplitude Energy</a>'s spot gas sales. That helps to drive a 15% reduction in its price target, to A$2.55/share. Macquarie now expects Amplitude to realize a natural-gas price of A$10.74 per gigajoule in 4Q. It highlights a mild start to winter, which has softened demand, and strong availability of thermal coal for power. Macquarie also notes that Santos's GLNG export facility hasn't been purchasing discounted domestic volumes while Iona storage is near capacity. Macquarie's FY26 and FY27 EPS forecasts fall 7.4% and 13%, respectively, on lower spot gas pricing assumptions. It retains an \"outperform\" call on Amplitude, which ended Wednesday at A$1.455. (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  June 17, 2026 19:28 ET (23:28 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 Bull Cuts Expectations on Weak Gas Market -- 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 Bull Cuts Expectations on Weak Gas Market -- 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\">2026-06-18 07:28</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  2327 GMT - With gas market conditions weakening in Australia's eastern states, <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a> lowers its winter revenue expectations for <a href=\"https://laohu8.com/S/COPJF\">Amplitude Energy</a>'s spot gas sales. That helps to drive a 15% reduction in its price target, to A$2.55/share. Macquarie now expects Amplitude to realize a natural-gas price of A$10.74 per gigajoule in 4Q. It highlights a mild start to winter, which has softened demand, and strong availability of thermal coal for power. Macquarie also notes that Santos's GLNG export facility hasn't been purchasing discounted domestic volumes while Iona storage is near capacity. Macquarie's FY26 and FY27 EPS forecasts fall 7.4% and 13%, respectively, on lower spot gas pricing assumptions. It retains an \"outperform\" call on Amplitude, which ended Wednesday at A$1.455. (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  June 17, 2026 19:28 ET (23:28 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":"WTIU","symbol_name":"MICROSECTORS ENERGY 3X LEVERAGED ETN","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2644208147","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2644208147","pubTimestamp":1781738880,"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":"2327 GMT - With gas market conditions weakening in Australia's eastern states, Macquarie lowers its winter revenue expectations for Amplitude Energy's spot gas sales. That helps to drive a 15% reduction in its price target, to A$2.55/share. Macquarie now expects Amplitude to realize a natural-gas price of A$10.74 per gigajoule in 4Q. It highlights a mild start to winter, which has softened demand, and strong availability of thermal coal for power. Macquarie also notes that Santos's GLNG export facility hasn't been purchasing discounted domestic volumes while Iona storage is near capacity. Macquarie's FY26 and FY27 EPS forecasts fall 7.4% and 13%, respectively, on lower spot gas pricing assumptions. It retains an \"outperform\" call on Amplitude, which ended Wednesday at A$1.455. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"WTIU":"MICROSECTORS ENERGY 3X LEVERAGED ETN","AMPL":"AmplitudeE, Inc.","IEO":"iShares Dow Jones U.S. Oil & Gas","FTXN":"First Trust Nasdaq Oil & Gas ETF","BK7142":"石油与天然气的勘探与生产","PXE":"Invesco Energy Exploration & Production ETF","AEL.AU":"AMPLITUDE ENERGY LIMITED","VDE":"Vanguard Energy ETF","BK4585":"ETF&股票定投概念","GUSH":"Direxion Daily S&P Oil &Gas Exp. & Prod. Bull 2X Shares","DRIP":"Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares","USE":"USCF Energy Commodity Strategy Absolute Return Fund","DBE":"能源商品ETF-PowerShares","IXC":"全球能源业ETF-iShares","ERX":"二倍做多能源ETF-Direxion","DIG":"二倍做多美国油气指数","DBC":"商品指数ETF-PowerShares DB","DRLL":"Strive U.S. Energy ETF","BK4588":"碎股","PXJ":"Invesco Oil & Gas Services ETF","XES":"SPDR S&P Oil & Gas Equipment & Services ETF","BK4023":"应用软件"},"translate_title":"Amplitude Energy牛市下调了对天然气市场疲软的预期——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DRLL":0.71,"ERX":0.71,"DBE":0.71,"PXJ":0.71,"AMPL":1.5,"DIG":0.71,"IXC":0.71,"DRIP":0.71,"VDE":0.71,"PXE":0.71,"FTXN":0.71,"AEL.AU":0.9,"XES":0.71,"IEO":0.71,"WTIU":0.71,"USE":0.71,"DBC":0.71,"GUSH":0.71},"content_text":"2327 GMT - With gas market conditions weakening in Australia's eastern states, Macquarie lowers its winter revenue expectations for Amplitude Energy's spot gas sales. That helps to drive a 15% reduction in its price target, to A$2.55/share. Macquarie now expects Amplitude to realize a natural-gas price of A$10.74 per gigajoule in 4Q. It highlights a mild start to winter, which has softened demand, and strong availability of thermal coal for power. Macquarie also notes that Santos's GLNG export facility hasn't been purchasing discounted domestic volumes while Iona storage is near capacity. Macquarie's FY26 and FY27 EPS forecasts fall 7.4% and 13%, respectively, on lower spot gas pricing assumptions. It retains an \"outperform\" call on Amplitude, which ended Wednesday at A$1.455. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 17, 2026 19:28 ET (23:28 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.45.2","shortVersion":"4.45.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2644208147","isCrawlerRequest":true}