BEACH ENERGY LIMITED (BPT)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

BPT - BEACH ENERGY LIMITED

FNArena Sector : Crude Oil
Year End: June
GICS Industry Group : Energy
Debt/EBITDA: 0.41
Index: ASX200 | ASX300 | ALL-ORDS

Beach Energy is an Australian oil and gas exploration and production company and is the largest onshore oil producer locally. Founded in 1961 as Beach Petroleum it listed in 1972 and changed its name to Beach Energy in 2009.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.46

07 Dec
2023

-0.005

OPEN

$1.42

-0.34%

HIGH

$1.47

8,918,987

LOW

$1.42

TARGET
$1.807 23.8% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ALD . BHP . BRU . BYE . COE . CVN . FAR . HE8 . HZN . KAR . MAY . VEA .
FNARENA'S MARKET CONSENSUS FORECASTS
BPT: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx 17.6 17.2 xxx
DPS (cps) xxx 4.0 4.5 xxx
EPS Growth xxx - 20.0% - 2.4% xxx
DPS Growth xxx 100.0% 11.3% xxx
PE Ratio xxx N/A 8.7 xxx
Dividend Yield xxx N/A 3.0% xxx
Div Pay Ratio(%) xxx 22.8% 25.9% xxx

Dividend yield today if purchased 3 years ago: 2.16%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 2.68

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 04/09 - ex-div 2c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx17.6
DPS All xxxxxxxxxxxxxxx4.0
Sales/Revenue xxxxxxxxxxxxxxx1,646.4 M
Book Value Per Share xxxxxxxxxxxxxxx170.1
Net Operating Cash Flow xxxxxxxxxxxxxxx928.6 M
Net Profit Margin xxxxxxxxxxxxxxx24.34 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx10.81 %
Return on Invested Capital xxxxxxxxxxxxxxx10.12 %
Return on Assets xxxxxxxxxxxxxxx7.29 %
Return on Equity xxxxxxxxxxxxxxx10.81 %
Return on Total Capital xxxxxxxxxxxxxxx14.09 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-165.8 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx11 M
Long Term Debt xxxxxxxxxxxxxxx398 M
Total Debt xxxxxxxxxxxxxxx409 M
Goodwill - Gross xxxxxxxxxxxxxxx57 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx219 M
Price To Book Value xxxxxxxxxxxxxxx0.79

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx1,170.6 M
Capex % of Sales xxxxxxxxxxxxxxx71.10 %
Cost of Goods Sold xxxxxxxxxxxxxxx1,068 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx19 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx-

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.4

No. Of Recommendations

7
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgan Stanley

xx/xx/xxxx

3

xxxxxxx xx xxxxx-xxxxxx xxxx xxxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgans

26/10/2023

3

Hold

$1.55

6.16%

While Beach Energy’s 1Q production fell by -10% from the prior quarter, due to a -50% decline in gas sales from Otway on lower customer demand, production still met the consensus forecast, explains Morgans.

The broker’s FY24 production forecast falls, partly offset by the impact of a lower Australian dollar on medium and longer-term estimates.

The Hold rating is unchanged and the target slips to $1.55 from $1.60.

FORECAST
Morgans forecasts a full year FY24 dividend of 3.10 cents and EPS of 16.00 cents.
Morgans forecasts a full year FY25 dividend of 14.00 cents and EPS of 17.00 cents.

Citi

xx/xx/xxxx

3

xxxxxxx xx xxxxxxx xxxx xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Bell Potter

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >

BPT STOCK CHART

FNArena News on BPT

1
In Brief: Home Loans, Coffee, Gas & Classifieds

Dec 01 2023 - Weekly Reports
2
ESG Focus: The Little Big Things – 30-11-2023

Nov 30 2023 - ESG Focus
3
ESG Focus: Rounding Up A Psychosocial FY23 Season

Nov 20 2023 - ESG Focus
4
ESG Focus: Day Of The TRIFRS

Nov 09 2023 - ESG Focus
5
Rudi’s View: Outlook 2024, Is History Our Guide?

Nov 08 2023 - Rudi's View

Latest Crude Oil News

1
Oil Market Not Concerned, And Not Concerning

Oct 25 2023 - Commodities
2
Karoon Energy Shares Ready To Run

Oct 17 2023 - Technicals
3
Crude Oil: Further Weakness Ahead

May 04 2023 - Technicals
4
Viva Energy: Emphasis Swings Toward Convenience Retail  

Apr 13 2023 - Australia
5
Crude Oil: Poised For Upside

Nov 30 2022 - Technicals
6
Brokers Set Higher Targets For Karoon Energy, Again

Oct 10 2022 - Small Caps
7
Crude Oil: Longer Term Higher

Jul 20 2022 - Technicals
8
Crude Oil: Longer Term Bullish

Feb 23 2022 - Technicals
9
Sunny Outlook For Beach Energy

Feb 16 2022 - Australia
10
Crude Oil: Poised For Now

Dec 09 2021 - Technicals