ASX:BPTOil and Gas
Beach Energy (ASX:BPT) Valuation Check As Moomba Optimisation Project Targets Lower Costs And Longer Field Life
Beach Energy (ASX:BPT) has approved the Moomba Central Optimisation project with partner Santos, a A$250 million Cooper Basin infrastructure upgrade aimed at replacing ageing compressor stations, reducing costs, and lowering emissions.
See our latest analysis for Beach Energy.
Despite the Moomba project approval, Beach Energy’s recent share price momentum has been weak, with a 1 month share price return of a 2.62% decline and a 1 year total shareholder return of a 16.5% loss, suggesting...