Beach Energy Limited (BEPTF)
Beach Energy Limited operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Adelaide, SA, AU. The stock last traded at $0.60, up 2.74% on the session, giving a market capitalisation of $1.37B. On trailing twelve-month figures it carries a trailing P/E of 7.00, a net margin of 14.6%. Its beta of -0.01 implies it has historically moved less than the broad market.
Beach Energy Limited operates as an integrated energy firm, focusing on the exploration, development, production, and transportation of oil and natural gas. The company conducts both directly managed (operated) and partnered (non-operated) projects in various onshore and offshore locations. These activities are carried out across five key hydrocarbon-producing basins spanning Australia and New Zealand. Additionally, Beach Energy handles the sale of its extracted gas and liquid hydrocarbons. As of June 30, 2022, the company reported an annual production volume of 21.8 million barrels of oil equivalent (BOE) and possessed proven and probable reserves amounting to 283 million BOE. Founded in 1961, the enterprise was initially named Beach Petroleum Limited, subsequently rebranding to Beach Energy Limited in December 2009. Its corporate headquarters are situated in Adelaide, Australia.
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