Top Page
Beach Energy
(Sydney:BPT)
Beach Energy (BPT) vs. iShares MSCI Australia ETF (EWA)
Beach Energy Business Overview & Revenue Model
Beach Energy Earnings Call Summary
Beach Energy Financial Statement Overview
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.10B | 2.11B | 1.77B | 1.62B | 1.75B | 1.56B |
| Gross Profit | 538.50M | 1.13B | 481.40M | 569.10M | 761.10M | 594.90M |
| EBITDA | 291.30M | 439.80M | -593.90M | 609.40M | 736.30M | 876.00M |
| Net Income | -115.90M | -43.80M | -475.30M | 400.80M | 500.80M | 316.50M |
Balance Sheet | ||||||
| Total Assets | 5.42B | 5.28B | 5.50B | 5.89B | 5.10B | 5.01B |
| Cash, Cash Equivalents and Short-Term Investments | 235.20M | 172.20M | 172.00M | 218.90M | 254.50M | 126.70M |
| Total Debt | 725.40M | 571.50M | 794.70M | 408.50M | 120.30M | 277.10M |
| Total Liabilities | 2.25B | 2.12B | 2.19B | 2.02B | 1.56B | 1.93B |
| Stockholders Equity | 3.17B | 3.16B | 3.31B | 3.88B | 3.54B | 3.09B |
Cash Flow | ||||||
| Free Cash Flow | 283.80M | 339.90M | -318.90M | -242.00M | 310.40M | 86.20M |
| Operating Cash Flow | 915.90M | 1.13B | 774.10M | 928.60M | 1.22B | 759.80M |
| Investing Cash Flow | -754.00M | -792.10M | -1.08B | -1.17B | -897.80M | -757.80M |
| Financing Cash Flow | -176.10M | -340.30M | 260.60M | 205.50M | -199.50M | 21.00M |
Beach Energy Technical Analysis
Beach Energy Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | AU$53.76B | 12.73 | 8.51% | 7.16% | 17.13% | 61.35% | |
67 Neutral | AU$1.11B | 5.88 | 13.85% | 4.74% | -17.02% | -35.47% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
60 Neutral | AU$2.49B | -21.56 | -1.02% | 7.72% | 17.16% | 90.79% | |
60 Neutral | $21.91B | 17.27 | 6.59% | 6.00% | -5.81% | -17.90% | |
52 Neutral | AU$1.01B | -14.53 | -14.41% | ― | ― | ― | |
45 Neutral | AU$349.14M | -1.83 | -42.02% | ― | 59.48% | -1714.71% |
Beach Energy Corporate Events
Beach Energy has secured a 25% interest in a large new exploration block in Queensland’s Taroom Trough, as part of an Omega Oil and Gas‑led joint venture that also includes Tri‑Star E&P. The block, awarded by the Queensland Government after a competitive tender, covers 750 square kilometres adjacent to Omega’s existing acreage and is dedicated to supplying gas to the domestic market.
The award marks Beach’s entry into the Taroom Trough and aligns it with partners that emphasise rapid exploration and appraisal to unlock oil and gas resources. Backed by strong funding and a multi‑well 2026/27 drilling campaign, the venture positions Beach to tap what partners describe as a potentially significant new hydrocarbon province, reinforcing efforts to bolster east coast energy security and restrain domestic gas prices.
The most recent analyst rating on (AU:BPT) stock is a Buy with a A$1.35 price target. To see the full list of analyst forecasts on Beach Energy stock, see the AU:BPT Stock Forecast page.
Beach Energy has declared an interim ordinary dividend of A$0.01 per fully paid share for the six-month period ending 31 December 2025. The stock will trade ex-dividend on 26 February 2026, with a record date of 27 February 2026 and payment due on 31 March 2026, signalling continued capital returns to shareholders and providing income-focused investors with clarity on the company’s near-term cash distributions.
The most recent analyst rating on (AU:BPT) stock is a Hold with a A$1.22 price target. To see the full list of analyst forecasts on Beach Energy stock, see the AU:BPT Stock Forecast page.
Beach Energy’s FY26 half-year results presentation outlines the basis on which its operational, financial and reserves information is reported, emphasising that a range of non-IFRS measures such as underlying EBITDAX, EBITDA, EBIT and free cash flow are used to provide a clearer view of the underlying performance of its oil and gas operations. The company underscores that its production, capital expenditure guidance and future project forecasts are contingent on commodity price, foreign exchange and project execution assumptions, as well as regulatory and joint venture approvals, and that its reserves and resources have been independently evaluated under internationally recognised SPE standards, providing investors with a structured framework for assessing portfolio quality and future project delivery risk.
The most recent analyst rating on (AU:BPT) stock is a Hold with a A$1.22 price target. To see the full list of analyst forecasts on Beach Energy stock, see the AU:BPT Stock Forecast page.
Beach Energy reported FY26 first-half production of 9.5 MMboe, down 7% due to prior Cooper Basin flooding, but lifted sales revenue to $982 million, supported by four LNG cargoes from Waitsia contributing $233 million and a 13% rise in average realised gas prices to $11.8/GJ. Underlying EBITDA reached $558 million and underlying NPAT $219 million, while operating unit field costs fell 7% to $10/boe, reliability at operated gas plants exceeded 99%, and safety performance included 12 months without a recordable injury at operated sites. The company achieved strong progress at key growth projects, including first gas export and ramp-up at the Waitsia Gas Plant, completion of Phase 1 of the Equinox offshore rig campaign, and commencement of a 12-well oil appraisal and development program in the Western Flank, to be followed by a 10-well exploration campaign. Moomba CCS injected 556 kt CO2e in the half and more than 1.5 Mt CO2e since start-up, earning over 300,000 net ACCUs and underscoring Beach’s role in lower-carbon initiatives. With $925 million of available liquidity, low net gearing of 12%, positive free cash flow during a heavy investment phase, and an interim dividend of 1.0 cent per share, Beach has maintained its FY26 production and capex guidance and positions itself as a critical domestic-only gas supplier amid ongoing policy debates over an East Coast gas reservation framework.
The most recent analyst rating on (AU:BPT) stock is a Hold with a A$1.22 price target. To see the full list of analyst forecasts on Beach Energy stock, see the AU:BPT Stock Forecast page.
Beach Energy released its half-year report for the period ended 31 December 2025, highlighting governance details and regulatory filings without disclosing operational or financial results. The announcement mainly provides administrative information such as board composition, corporate directory, and audit arrangements, offering limited insight into strategic or performance developments.
The most recent analyst rating on (AU:BPT) stock is a Hold with a A$1.22 price target. To see the full list of analyst forecasts on Beach Energy stock, see the AU:BPT Stock Forecast page.
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.
Beach Energy will release its FY26 half-year financial results on 5 February 2026, with Managing Director and CEO Brett Woods and Chief Financial Officer Anne‑Marie Barbaro set to host a webcast briefing for investors and other stakeholders that morning. The company will also make a recording of the webcast available later that day, underscoring its emphasis on timely disclosure and accessibility of financial information for the market.
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.
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.
Beach Energy has notified the market of the cessation of a total of 180,964 equity-related securities, comprising 3,117 matched rights and 177,847 performance rights, after the conditions attached to these instruments were not met or became incapable of being satisfied by their respective expiry dates. The lapsing of these conditional rights, which typically form part of executive or employee incentive schemes, results in a modest reduction in potential future equity dilution for existing shareholders and may signal that certain performance hurdles or operational targets embedded in those schemes were not achieved over the relevant periods.
The most recent analyst rating on (AU:BPT) stock is a Hold with a A$1.20 price target. To see the full list of analyst forecasts on Beach Energy stock, see the AU:BPT Stock Forecast page.
Beach Energy has disclosed a change in Managing Director Brett Woods’ interests, with the award of 1,553,495 performance rights under the company’s executive incentive arrangements. The new rights, comprising deferred rights from the FY25 short-term incentive and a 2025 long-term incentive grant approved at the 2025 AGM, increase Woods’ holding to 4,654,722 performance rights and 18,924 fully paid ordinary shares, underscoring the alignment of executive remuneration with shareholder-approved incentive plans and company performance targets.
The most recent analyst rating on (AU:BPT) stock is a Hold 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.
Beach Energy has notified the market of the issuance of 6,118,786 unquoted performance rights under its employee incentive scheme, with various expiry dates and an issue date of 19 December 2025. The new securities, which are subject to transfer restrictions and will not be quoted on the ASX until those restrictions lapse, underscore the company’s continued use of equity-based remuneration to retain and incentivise staff, aligning employee interests with long-term shareholder value and performance outcomes.
The most recent analyst rating on (AU:BPT) stock is a Hold 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.
Beach Energy Limited has notified the market of the lapse of 868,712 performance rights, which formed part of its equity-based remuneration or incentive arrangements. The rights, issued under the security code BPTAK and expiring on various dates, have ceased because the conditions attached to them were not met or have become incapable of being satisfied, resulting in no new shares being issued and a marginal reduction in potential future dilution for existing shareholders.
The most recent analyst rating on (AU:BPT) stock is a Hold 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.
Beach Energy has notified the ASX that 39,761 ordinary fully paid shares have been issued following the exercise or conversion of previously unquoted equity securities. The modest increase in issued capital reflects ongoing participation in equity-based incentive or convertible arrangements, slightly diluting existing shareholders while signalling continued alignment of management or participants with the company’s equity performance.
The most recent analyst rating on (AU:BPT) stock is a Hold 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.
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.
Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in Beach Energy Limited as of December 5, 2025. This change in substantial holding is due to a series of transactions involving the sale and purchase of securities by entities controlled by First Sentier Group Limited and Morgan Stanley, affecting the voting securities of Beach Energy.
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.
Beach Energy has announced that First Sentier Group Limited and its related bodies corporate have ceased to be substantial holders in the company as of December 2, 2025. This change in substantial holding could impact Beach Energy’s shareholder structure and influence its market dynamics, potentially affecting investor confidence and the company’s strategic decisions moving forward.
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.