Beach Energy Limited

Beach Energy Limited, formerly Beach Petroleum Limited, is an Australia-based company.

The Company is engaged in oil and gas exploration, development and production, and investment in the resources industry. The Company’s exploration and production primarily focuses on the Cooper-Eromanga Basin in central Australia.

The Company has interests in 20 petroleum exploration and 263 production licenses. Gippsland Basin (BMG) includes four wells in the Basker field and one well in the Manta field, and it holds 30% interest in the Basker, Manta and Gummy oil and gas fields, offshore Victoria.

The Company had 40% interest in the producing Tipton West Field and in the Surat Basin. The Company’s subsidiaries include Beach Petroleum (NZ) Pty Ltd, Beach Oil and Gas Pty Ltd, Beach Production Services Pty Ltd, Beach Petroleum (Egypt) Pty Ltd, Beach Petroleum Spain S.L. and Beach (USA) Inc. In February 2010, the Company acquired a 51% interest in Somerton Energy Limited.

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Energy sector plummets 18.4% on oil price war: Aus shares drop 5.5% at noon

09 Mar 2020 - The coronavirus panic which plagued the international markets in late trade last week has now thrust the Australian market below the 6000-point mark. The S&P/ASX 200 …

Big River Industries (ASX:BRI) to acquire Pine Design Truss and Timber: Aus shares 0.4% lower at noon

17 Feb 2020 - The Australian share market saw a short-lived spike at the open but has floated lower over the morning trade and is now tracking 0.4% lower after the first two hours …

Beach Energy (ASX:BPT) cuts production outlook

11 Feb 2020 - Beach Energy (ASX:BPT) has reduced its annual production guidance due to weak demand with a 2 per cent fall in underlying NPAT to $273.5 million.

RBA expects economic growth to pick up: Aus shares 0.4% lower at noon

07 Feb 2020 - The Australian share market opened slightly lower defying positive leads from Wall Street and is now tracking 0.4 per cent lower at noon, with economic data on the se…

Beach (ASX:BPT) provides Beharra Springs Deep update

16 Dec 2019 - Beach Energy Limited (ASX:BPT) has completed flow testing at the Beharra Springs Deep-1 gas discovery in licence L11 in the Perth Basin.

Panoramic Resources (ASX:PAN) advises shareholders to reject bid: Aus shares close 0.3% higher

09 Dec 2019 - The Australian share market closed higher. McMillan Shakespeare (ASX:WHC) was the worst performer after the company released its trading performance update. Panoramic…

Novonix (ASX:NVX) secures Samsung SDI supply deal: Aus shares 0.1% higher at noon

09 Dec 2019 - The Australian share market has risen at the open, tracking 0.1 per cent higher at noon. The Reject Shop (ASX:TRS) appoints new CEO.

ABS - Wage Price Index up 0.5 per cent: ASX 0.4 per cent lower at noon

13 Nov 2019 - ASX down 0.4 per cent at noon. Bingo Industries led the way after soaring almost 12 per cent while Beach Energy saw the biggest decline at noon dropping 5.1 per cent.

Beach Energy (ASX:BPT) makes new gas discovery: Aus shares close 0.02% higher

28 Oct 2019 - The ASX200 opened higher reverberating the positive movements on Wall Street and posted its 6th consecutive session of gains today, managing to scrape in 0.02% higher…

Beach Energy’s (ASX:BPT) first quarter FY20 production down

dd Mmm 2019 - Beach Energy's (ASX:BPT) production declined in the September quarter on the back of the sales of its 40 per cent interest in the Victorian Otway assets.

Investing Through The Cycle, WOW, COL, CSL, RMD, BPT

24 Sep 2019 - Burman Invest Portfolio Manager Julia Lee discusses investing through the cycle, Woolworths Group (ASX:WOW), Coles Group (ASX:COL), CSL (ASX:CSL), ResMed (ASX:RMD) & …

Oil in crisis - how to play it

17 Sep 2019 - Burman Invest Portfolio Manager Julia Lee discusses the oil crisis, the Iraq/Kuwait war, Beach Energy and Santos.

Investing in a falling interest rate environment

03 Sep 2019 - Burman Invest Portfolio Manager Julia Lee talks about the inversion of the yield curve and how to invest in a falling interest rate environment.

All sectors rise on reporting season: Aus shares up 1.2%, biggest gain in two-months

20 Aug 2019 - Aus shares ink two-days of gains, taking benchmark ASX200 4.8% away from the all-time high. IPH (ASX:IPH) sees 31% rise in profit, strong growth in Asia. Sonic Health…

Zip cements itself globally, Ingenia beats guidance: Aus shares gain for 2nd day, up 0.7% at noon

20 Aug 2019 - Aussie shares extend on yesterday's gains as expected, on bonds rising and local reporting season. Zip Co (ASX:Z1P) to takeover US, NZ, UK & South African co' PartPay…

SmartGroup's shares soar after 1H result: ASX closes 0.9% higher

19 Aug 2019 - It has been a positive day of trade for the ASX. After a rise at the open the local bourse managed to maintain momentum to gain 0.9%. Employment management company Sm…

Beach Energy see NPAT at a record high

19 Aug 2019 - Beach Energy (ASX:BPT) released its FY19 Full Year results today showing their underlying NPAT was up 86 per cent to a company-record $560 million.

Two tweets, new China tariffs & hawkish Fed see markets slip from highs: Aus shares lose 0.1% on week

02 Aug 2019 - Record-breaking week for ASX200. AVJennings (ASX:AVJ) loses a month of gains of announcing profit hit by weaker property market, PBT $23m FY19 expt'. Rio Tinto (ASX:R…

Graincorp warns of hit to earnings: ASX tracking 0.4% lower at noon

02 Aug 2019 - The Aussie share market is now tracking 0.4% lower at noon. It comes as the oil price saw its biggest loss in four years, falling almost eight per cent after Trump a…

Out of steam ahead of Fed move and US tech earnings: Aus shares lose 0.1% Monday

22 Jul 2019 - Mining sector continues to trade near fresh multi year highs, Energy sector continues to rally, but Australian shares slip on Monday. EML Payments (ASX:EML) snaps up …

Woolworths gains after spin-off announcement: ASX closed 0.5% higher

04 Jul 2019 - After a dip in early trade the ASX managed to gain momentum and closed 0.5% higher. SpeedCast International (ASX:SDA) shares continue to slump after they announced a …

Oil and gold climb throughout the week: ASX closed 0.6% lower

21 Jun 2019 - The ASX dropped at the open and slipped throughout the day. The Energy sector led the way as the price of oil climbed. Meanwhile, the healthcare sector fell behind. …

ANZ Hospitals set to acquire Healthscope: Aus shares up 1.4% over week

24 May 2019 - After 6 sessions of gains the ASX200 took losses on Thursday and again today, closing 1.4% lower. Over the week the Finance sector capped the most gains and is up app…

Estia 2019 EBITDA misses the mark: Aus shares 0.7% lower at noon

24 May 2019 - The ASX200 opened flat this morning following negative leads from the US and is now tracking 0.7 per cent lower at noon. All sectors except Healthcare are in the red …

Beach Quarterly oil production up 10%

30 Apr 2019 - Oil and gas producer, Beach Energy (ASX:BPT) has today announced a 10 per cent rise in quarterly production to 7.23 million barrels of oil equivalent (MMboe).