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The latest update is out from Beach Energy ( (AU:BPT) ).
Beach Energy has announced the commencement of sales gas delivery from the Waitsia Gas Plant into the pipeline network, marking a significant milestone for the project. This development follows the completion of necessary certification procedures and is set to enhance Beach Energy’s operational capabilities, as they collaborate with Mitsui E&P Australia to support the production ramp-up, potentially impacting their market positioning positively.
The most recent analyst rating on (AU:BPT) stock is a Sell with a A$1.00 price target. To see the full list of analyst forecasts on Beach Energy stock, see the AU:BPT Stock Forecast page.
More about Beach Energy
Beach Energy is a company operating in the energy sector, primarily focused on the exploration and production of oil and gas. It is involved in projects that enhance its market positioning by expanding its production capabilities and infrastructure.
YTD Price Performance: -10.0%
Average Trading Volume: 7,497,523
Technical Sentiment Signal: Sell
Current Market Cap: A$2.67B
See more insights into BPT stock on TipRanks’ Stock Analysis page.