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Beach Energy Limited (ASX:BPT)

ALERT: Price-sensitive ASX Announcement for BPT
Current share price for BPT : $0.855 -0.035 (-3.93%)+
Announcement
Release
6 Aug 2026 8:52AM
Price at Release
$0.890
Full Release
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Summary
The FY26 results presentation for Beach Energy Limited highlights its strategic advancements and financial performance, focusing on sustainable growth and operational excellence. Key highlights include achieving a production of 19.4 MMboe, sales revenue of $1.8 billion, and underlying EBITDA of $1.0 billion. The company emphasized its strong balance sheet, with liquidity increasing to $983 million and a gearing ratio of 10.6%. Operationally, Beach Energy achieved significant production milestones, including a 250 TJ/day capacity at the Waitsia Gas Plant and 97% reliability at the Beharra Springs and Xyris Gas Plants. The company also maintained exceptional health, safety, and environmental standards, with 18 months of recordable injury-free operations. Looking forward, Beach Energy plans to continue its exploration and development activities across key assets, including the Cooper Basin and Otway Basin, while focusing on cost discipline and strategic capital deployment to maximize shareholder value.
Key Points
  • FY26 production reached 19.4 MMboe.
  • Sales revenue was $1.8 billion.
  • Underlying EBITDA stood at $1.0 billion.
  • Total liquidity increased to $983 million.
  • Gearing ratio reported at 10.6%.
  • Achieved 250 TJ/day capacity at Waitsia Gas Plant.
  • 97% reliability at Beharra Springs and Xyris Gas Plants.
  • Maintained 18 months of recordable injury-free operations.
  • Continued focus on cost discipline and strategic capital deployment.
  • Planned exploration and development activities in Cooper Basin and Otway Basin.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.