BEACH ENERGY LIMITED (BPT)
Share Price Analysis and Chart

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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

$1.52

05 Jul
2024

0.005

OPEN

$1.52

0.33%

HIGH

$1.53

2,359,405

LOW

$1.51

TARGET
$1.706 12.2% 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 15.2 xxx
DPS (cps) xxx 4.0 4.6 xxx
EPS Growth xxx - 20.0% - 13.4% xxx
DPS Growth xxx 100.0% 14.3% xxx
PE Ratio xxx N/A 10.0 xxx
Dividend Yield xxx N/A 3.0% xxx
Div Pay Ratio(%) xxx 22.8% 30.0% xxx

Dividend yield today if purchased 3 years ago: 3.15%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 2.63

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: 28/02 - ex-div 2c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 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 xxxxxxxxxxxxxxx0 M

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

Ord Minnett

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

3

xxxxx-xxxxxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Bell Potter

19/06/2024

1

Buy

$1.75

15.13%

Following Beach Energy's strategic review, Bell Potter highlights cost reductions, more disciplined capital management and growth, and a refocus on the three core producing energy hubs - the Otway, Perth and Cooper basins.

Weaker-than-expected FY25 production guidance relates to natural field decline in the Western Flank (oil), explain the analysts, mostly offset by production growth in the Otways Basin.

This Otways growth is heavily dependent on the timing of the Waitsia Stage 2 ramp-up, points out the broker.

The Buy rating is maintained and the target reduced to $1.75 from $1.80. 

FORECAST
Bell Potter forecasts a full year FY24 dividend of 4.00 cents and EPS of 15.00 cents.
Bell Potter forecasts a full year FY25 dividend of 5.00 cents and EPS of 15.00 cents.

Citi

xx/xx/xxxx

5

xxxxxxxxx xx xxxx xxxx xxxxxxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Morgans

xx/xx/xxxx

1

xxxxxxx xx xxx xxxx xxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >

BPT STOCK CHART

FNArena News on BPT

1
Rudi’s View: Met Coal, Banks, GenAi & Buying-The-Dip

Jul 04 2024 - Rudi's View
2
Australian Broker Call *Extra* Edition – Jun 27, 2024

Jun 27 2024 - Daily Market Reports
3
Rudi’s View: Copper, Lithium, Retailers & TechnologyOne

Jun 27 2024 - Rudi's View
4
Australian Broker Call *Extra* Edition – Jun 24, 2024

Jun 24 2024 - Daily Market Reports
5
Weekly Ratings, Targets, Forecast Changes – 21-06-24

Jun 24 2024 - Weekly Reports

Latest Crude Oil News

1
Beach Energy Looks Ready

May 14 2024 - Technicals
2
Oil Price Surge Not Expected

Apr 15 2024 - Commodities
3
A Multi-Month Up-Trend For Beach Energy

Apr 02 2024 - Technicals
4
Crude Oil: On Watch

Mar 27 2024 - Technicals
5
Oil Market Not Concerned, And Not Concerning

Oct 25 2023 - Commodities
6
Karoon Energy Shares Ready To Run

Oct 17 2023 - Technicals
7
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May 04 2023 - Technicals
8
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Apr 13 2023 - Australia
9
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Nov 30 2022 - Technicals
10
Brokers Set Higher Targets For Karoon Energy, Again

Oct 10 2022 - Small Caps