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Beach Energy Output and Revenue Dip as Waitsia Ramps Up and Cash Position Strengthens

Story Highlights
  • Beach Energy’s quarterly production and revenue declined as lower Otway gas, oil liftings and softer LNG prices outweighed higher realised gas prices.
  • Flood-hit assets have largely recovered, Waitsia gas is online and ramping, drilling campaigns are progressing, and liquidity has risen to support growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Beach Energy Output and Revenue Dip as Waitsia Ramps Up and Cash Position Strengthens

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The latest announcement is out from Beach Energy ( (AU:BPT) ).

Beach Energy reported a 9% quarter-on-quarter fall in production to 4.5 MMboe and a 17% decline in sales revenue to $445 million for the December 2025 quarter, driven mainly by lower Otway Basin gas output, reduced oil liftings and weaker LNG pricing, partly offset by higher realised gas prices. The company has largely restored Western Flank and Cooper Basin production following flood impacts, brought the Waitsia Gas Plant online with first gas export and subsequent ramp-up, advanced drilling and appraisal campaigns across its Cooper Basin and Western Flank assets, and safely completed plug and abandonment work in the Bass Basin, while generating positive free cash flow, securing a $300 million term loan and finishing the quarter with $925 million in available liquidity, strengthening its balance sheet and capacity to fund growth across its core hubs.

The most recent analyst rating on (AU:BPT) stock is a Hold with a A$1.15 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 producer with core assets in the Cooper Basin, Western Flank, Otway Basin and Western Australia, supplying domestic gas, LNG, oil, LPG and condensate to East and West Coast markets. The company focuses on conventional upstream exploration and production, including joint ventures such as Waitsia, and plays a role in supporting Australian energy security through its gas infrastructure and supply portfolio.

Average Trading Volume: 8,125,856

Technical Sentiment Signal: Sell

Current Market Cap: A$2.59B

See more data about BPT stock on TipRanks’ Stock Analysis page.

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