Beach Energy Limited (AU:BPT)
ASX:BPT
Earnings Data
Report Date
Aug 10, 2026Before Open (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
0.08Last Year’s EPS
0.09Same Quarter Last Year
Moderate Sell
Based on 11 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a predominantly positive operational and financial picture: strong safety performance, material milestone delivery (Waitsia first gas, Western Flank drilling progress, Moomba CCS achievements), improved realized gas pricing, solid liquidity (AUD 925m) and healthy cash generation (EBITDA AUD 558m, free cash flow AUD 225m). Key negatives included impacts from the prior Cooper Basin flood and softer oil prices (realized oil -12%), an unsuccessful Hercules exploration well, early ramp-up issues and accounting/return obligations for purchased LNG volumes, and regulatory uncertainty from the East Coast gas review. On balance, the positive achievements, balance-sheet strength and clear execution momentum outweigh the mid-term operational and regulatory challenges.Company Guidance
Waitsia first gas and ramp-up progress
First gas achieved at Waitsia gas plant in early December; plant ramping up with two compressors commissioned and peak observed of 165 TJ/day to date (nameplate 250 TJ/day). Third compressor commissioning imminent; project expected to reach nameplate as compressors come online.
LNG cargoes and marketing revenue
Delivered 4 LNG cargoes in the half generating ~AUD 233 million; management noted a total of 11 cargoes and ~AUD 740 million of revenue ahead of Waitsia first gas. Sold >15 PJ into spot/short-term markets, supporting diversified customer base and improved price capture.
Realized gas price uplift
Realized gas price increased 13% in the half to AUD 11.80/GJ and ~30% uplift over the past 2 years, reflecting successful marketing and recontracting efforts.
Strong financial and cash metrics
Total revenue ~AUD 1.0 billion for the half; underlying EBITDA AUD 558 million; free cash flow generation AUD 225 million; underlying NPAT AUD 219 million. Operating cash flow AUD 442 million and closing cash reserves AUD 235 million.
Balance sheet, liquidity and refinancing
Completed refinancing of 2025/2026 maturities and secured a new AUD 300 million Asian term loan, lifting total available liquidity to AUD 925 million and maintaining low leverage (net gearing ~12%).
Cost discipline and operating unit cost improvement
Field operating costs were 8% lower versus the prior corresponding period; operated assets delivered a unit operating cost of AUD 10/boe for the half, demonstrating structural cost reductions.
Safety and operational execution
No Tier 1 or 2 process safety events; >12 months recordable-injury free across operated sites despite a 43% increase in man hours and field complexity; successful delivery of Equinox Phase 1 campaign and 3 offshore well abandonments.
Western Flank drilling success and efficiency gains
12-well appraisal and development program commenced; first 6 wells 100% success rate so far. Callawonga 26 brought online 33 days from rig release; rig operating with 20% fewer man hours than FY24 comparable and 60% fewer Beach personnel.
Moomba CCS progress and emissions achievements
Moomba CCS exceeded 12 months of operation and safely stored >1.5 million tonnes CO2 since startup; Beach received >300,000 ACCUs for FY25 and is on track for its 35% equity emissions intensity reduction by 2030.
Guidance maintained and capital plan
FY26 production guidance maintained at 19.7–22.5 million boe; full-year capital expenditure guidance maintained at AUD 675–775 million; sustaining capex guidance maintained below AUD 450 million.
AU:BPT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AU:BPT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 04, 2026 | AU$1.24 | AU$1.19 | -4.42% |
Feb 05, 2025 | AU$1.40 | AU$1.33 | -5.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Beach Energy Limited (AU:BPT) report earnings?
Beach Energy Limited (AU:BPT) is schdueled to report earning on Aug 10, 2026, Before Open (Confirmed).
What is Beach Energy Limited (AU:BPT) earnings time?
Beach Energy Limited (AU:BPT) earnings time is at Aug 10, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Beach Energy Limited stock?
The P/E ratio of Beach Energy is N/A.
What is AU:BPT EPS forecast?
AU:BPT EPS forecast for the fiscal quarter 2026 (Q4) is 0.08.