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Beach Energy ( (AU:BPT) ) has shared an update.
Beach Energy has disclosed a change in managing director Brett Woods’ interests in the company’s securities, following the vesting of a substantial tranche of performance rights awarded as part of his sign-on incentive package approved at the November 2023 AGM. On 29 January 2026, 1,061,426 performance rights vested, leaving Woods holding 18,924 fully paid ordinary shares, 3,593,296 performance rights and a further 1,061,426 vested but unexercised performance rights, which he may convert into ordinary shares by January 2028, underscoring the company’s continued use of equity-based incentives to align executive remuneration with shareholder interests.
The most recent analyst rating on (AU:BPT) stock is a Sell with a A$1.10 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 Limited is an Australian oil and gas exploration and production company listed on the ASX, with a portfolio of upstream assets supplying domestic and regional energy markets.
Average Trading Volume: 8,282,177
Technical Sentiment Signal: Hold
Current Market Cap: A$2.77B
For detailed information about BPT stock, go to TipRanks’ Stock Analysis page.