Beach Energy Delivers Strong Operational Momentum Across Key Energy Assets
Beach Energy Limited (ASX: BPT) delivered a solid operational performance in the June 2026 quarter, producing 4.9 million barrels of oil equivalent (MMboe) and achieving full-year production of 19.4 MMboe, supported by stronger output across the Perth, Otway and Taranaki basins. The Waitsia Gas Plant continued ramping up operations, reaching a peak production rate of 250 TJ/day, while the Company maintained an outstanding safety record with 18 consecutive months free of recordable injuries and no Tier 1 or Tier 2 process safety events. Beach also recorded a 93% drilling success rate across its Cooper Basin campaign, including two new gas discoveries, and continued progressing the Equinox offshore campaign on budget. Quarterly revenue reached AU$400 million, supported by stronger oil prices and LNG sales, while available liquidity increased to AU$983 million with net gearing reduced to 10.6%, strengthening financial flexibility to fund future exploration and development opportunities.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Beach Energy Delivers Strong Operational Momentum Across Key Energy Assets
Beach Energy Limited (ASX: BPT) delivered a solid operational performance in the June 2026 quarter, producing 4.9 million barrels of oil equivalent (MMboe) and achieving full-year production of 19.4 MMboe, supported by stronger output across the Perth, Otway and Taranaki basins. The Waitsia Gas Plant continued ramping up operations, reaching a peak production rate of 250 TJ/day, while the Company maintained an outstanding safety record with 18 consecutive months free of recordable injuries and no Tier 1 or Tier 2 process safety events. Beach also recorded a 93% drilling success rate across its Cooper Basin campaign, including two new gas discoveries, and continued progressing the Equinox offshore campaign on budget. Quarterly revenue reached AU$400 million, supported by stronger oil prices and LNG sales, while available liquidity increased to AU$983 million with net gearing reduced to 10.6%, strengthening financial flexibility to fund future exploration and development opportunities.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au