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The latest update is out from Beach Energy ( (AU:BPT) ).
Beach Energy Limited announced robust FY25 full-year results, highlighting strategic achievements and financial growth. The company implemented a new asset-based organizational structure, resulting in significant cost reductions and improved safety performance. Key financial metrics showed strong growth, with sales volumes up 16% and sales revenue increasing by 13% to $2 billion. The company achieved a record final dividend, supported by substantial free cash flow. Major project milestones were reached, including the completion of the Waitsia Gas Plant and the Moomba CCS project, enhancing Beach Energy’s operational capabilities and market positioning. The announcement underscores Beach Energy’s commitment to sustainable growth and its role in Australia’s energy sector.
The most recent analyst rating on (AU:BPT) stock is a Hold with a A$1.25 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 a prominent player in the energy industry, primarily focusing on the exploration and production of oil and natural gas. The company is a significant supplier of natural gas to Australia’s domestic markets, holding a substantial market share in the East Coast gas demand.
YTD Price Performance: -16.48%
Average Trading Volume: 6,852,646
Technical Sentiment Signal: Sell
Current Market Cap: A$2.6B
For detailed information about BPT stock, go to TipRanks’ Stock Analysis page.