ASX:BPTOil and Gas
Return To Profit And Dividend Cut Could Be A Game Changer For Beach Energy (ASX:BPT)
In August 2026, Beach Energy Limited reported full-year 2026 results showing sales of A$1,921.2 million, a return to net profit of A$281.4 million, and a 35% decline in Western Flank production driven by prior flooding, heavy rains, and natural field decline, partly offset by new well connections.
Alongside this profit recovery, the company issued FY2027 production guidance of 19.5–23.0 MMboe and reduced its fully franked dividend to A$0.02 per share, highlighting a shift in capital...