Added to YB: 2026-06-18
Pitch date: 2026-06-16
BPT.AX [neutral]
Beach Energy Limited
Author Info
No bio for this author
Company Info
Beach Energy Limited operates as an oil and gas exploration and production company. The company engages in the operated and non-operated, onshore and offshore, and oil and gas production in the basins of Australia and New Zealand.
Market Cap
AUD 2.3B
Pitch Price
N/A
Price Target
N/A
Dividend
11.76%
EV/EBITDA
3.01
P/E
-20.04
EV/Sales
1.33
Sector
Oil, Gas and Consumable Fuels
Category
turnaround
Beach Energy Limited, didn't interest me
BPT.AX (pass): Australia's 2nd largest onshore gas producer, shares -21% over 5yrs. New Stokes-backed mgmt (SGH owns 30%) cut headcount 1/3, opex down 33% to $10/boe. Disciplined capital allocation, Otway asset sale shows discipline. But 5 basins across 4 states too complex to value; author shelves to 'too hard pile.'
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