Executive Summary
Beach Energy Limited operates as an oil and gas exploration and production company.
Snowflake
Fundamentals
Solid track record with adequate balance sheet.
Similar Companies
Share Price & News
How has Beach Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-1.3%
BPT
0.8%
AU Oil and Gas
0.1%
AU Market
1 Year Return
46.3%
BPT
-7.2%
AU Oil and Gas
11.9%
AU Market
Return vs Industry: BPT exceeded the Australian Oil and Gas industry which returned -7.2% over the past year.
Return vs Market: BPT exceeded the Australian Market which returned 11.9% over the past year.
Shareholder returns
| BPT | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.3% | 0.8% | 0.1% |
| 30 Day | -10.7% | -1.2% | -1.1% |
| 90 Day | 13.6% | -1.1% | -1.4% |
| 1 Year | 47.6%46.3% | -3.3%-7.2% | 18.5%11.9% |
| 3 Year | 236.0%214.1% | 12.6%0.4% | 36.4%18.1% |
| 5 Year | 111.6%92.6% | -10.7%-26.9% | 50.9%16.7% |
Price Volatility Vs. Market
How volatile is Beach Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
Is Beach Energy Limited’s (ASX:BPT) 24% ROCE Any Good?2 weeks ago | Simply Wall St
What Kind Of Shareholders Own Beach Energy Limited (ASX:BPT)?3 weeks ago | Simply Wall St
Here's Why I Think Beach Energy (ASX:BPT) Might Deserve Your Attention TodayValuation
Is Beach Energy undervalued compared to its fair value and its price relative to the market?
26.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BPT (A$2.34) is trading below our estimate of fair value (A$3.17)
Significantly Below Fair Value: BPT is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: BPT is poor value based on its PE Ratio (9.2x) compared to the Oil and Gas industry average (8.9x).
PE vs Market: BPT is good value based on its PE Ratio (9.2x) compared to the Australian market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: BPT is poor value based on its PEG Ratio (2.6x)
Price to Book Ratio
PB vs Industry: BPT is overvalued based on its PB Ratio (2.2x) compared to the AU Oil and Gas industry average (1.4x).
Next Steps
Future Growth
How is Beach Energy forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
3.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BPT's forecast earnings growth (3.6% per year) is above the savings rate (2.3%).
Earnings vs Market: BPT's earnings (3.6% per year) are forecast to grow slower than the Australian market (10.2% per year).
High Growth Earnings: BPT's earnings are forecast to grow, but not significantly.
Revenue vs Market: BPT's revenue (2.1% per year) is forecast to grow slower than the Australian market (3.6% per year).
High Growth Revenue: BPT's revenue (2.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BPT's Return on Equity is forecast to be low in 3 years time (16.7%).
Next Steps
Past Performance
How has Beach Energy performed over the past 5 years?
51.4%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: BPT's earnings have grown significantly by 51.4% per year over the past 5 years.
Accelerating Growth: BPT's earnings growth over the past year (190.4%) exceeds its 5-year average (51.4% per year).
Earnings vs Industry: BPT earnings growth over the past year (190.4%) exceeded the Oil and Gas industry 68.1%.
Return on Equity
High ROE: BPT's Return on Equity (24.3%) is considered high.
Return on Assets
ROA vs Industry: BPT has a higher Return on Assets than the Oil and Gas industry average last year.
Return on Capital Employed
ROCE Improving: BPT's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is Beach Energy's financial position?
Financial Position Analysis
Short Term Liabilities: BPT's short term assets (A$598.5M) do not cover its short term liabilities (A$613.3M)
Long Term Liabilities: BPT's short term assets (598.5M) do not cover its long term liabilities (926.2M)
Debt to Equity History and Analysis
Debt Level: BPT is debt free.
Reducing Debt: BPT has no debt compared to 5 years ago when its debt to equity ratio was 7.7%.
Debt Coverage: BPT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BPT has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: BPT has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if BPT's debt is covered by short term assets.
Next Steps
Dividend
What is Beach Energy's current dividend yield, its reliability and sustainability?
0.85%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: BPT's dividend (0.85%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.44%).
High Dividend: BPT's dividend (0.85%) is low compared to the top 25% of dividend payers in the Australian market (5.58%).
Stable Dividend: BPT is not paying a notable dividend for the Australian market, therefore no need to check if payments are stable.
Growing Dividend: BPT is not paying a notable dividend for the Australian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: BPT is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BPT's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
Next Steps
Management
What is the CEO of Beach Energy's salary, the management and board of directors tenure and is there insider trading?
1.8yrs
Average management tenure
CEO
Matt Kay (49yo)
3.4yrs
Tenure
AU$2,892,965
Compensation
Mr. Matthew Vincent Kay, also known as Matt, BE Commerce, MBA, FCPA, GAICD, has been Chief Executive Officer of Beach Energy Limited since May 2, 2016 and has been its Managing Director and Director since ...
CEO Compensation Analysis
Compensation vs. Market: Matt's total compensation ($USD1.99M) is about average for companies of similar size in the Australian market ($USD2.18M).
Compensation vs Earnings: Matt's compensation has been consistent with company performance over the past year.
Management Age and Tenure
1.8yrs
Average Tenure
Experienced Management: BPT's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Age and Tenure
2.7yrs
Average Tenure
51yo
Average Age
Experienced Board: BPT's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: BPT insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Vice Chairman Independent Non-Executive Deputy Chairman |
| Shares | 35,000 |
| Max Price | AU$2.39 |
| Entity | Individual |
| Role | Member of the Board of Directors Non Executive Director |
| Shares | 41,390 |
| Max Price | AU$2.40 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Non-Executive Director |
| Shares | 21,700 |
| Max Price | AU$1.86 |
| Entity | Company |
| Shares | 20,541 |
| Max Price | AU$1.49 |
| Entity | Company |
| Shares | 30,902 |
| Max Price | AU$1.65 |
| Entity | Company |
| Shares | 10,851,432 |
| Max Price | AU$1.66 |
| Entity | Company |
| Shares | 257,829 |
| Max Price | AU$1.66 |
| Entity | Company |
| Shares | 19,836 |
| Max Price | AU$1.44 |
| Entity | Company |
| Shares | 183,576 |
| Max Price | AU$1.49 |
| Entity | Individual |
| Role | Chairman of the Board Independent Non Executive Chairman |
| Shares | 35,000 |
| Max Price | AU$1.36 |
| Entity | Company |
| Shares | 17,287,701 |
| Max Price | AU$2.10 |
| Entity | Company |
| Shares | 20,364 |
| Max Price | AU$1.54 |
| Entity | Company |
| Shares | 9,400,283 |
| Max Price | AU$1.94 |
| Entity | Individual |
| Role | Member of the Board of Directors Non Executive Director |
| Shares | 50,000 |
| Max Price | AU$1.48 |
| Entity | Individual |
| Role | Vice Chairman Independent Non-Executive Deputy Chairman |
| Shares | 6,048 |
| Max Price | AU$1.44 |
| Entity | Individual |
| Role | Vice Chairman Independent Non-Executive Deputy Chairman |
| Shares | 5,732 |
| Max Price | AU$1.74 |
| Entity | Individual |
| Role | Chairman of the Board Independent Non Executive Chairman |
| Shares | 30,000 |
| Max Price | AU$1.67 |
| Entity | Company |
| Shares | 68,000,000 |
| Max Price | AU$1.64 |
Ownership Breakdown
Management Team
Nik Burns
Investor Relations Manager
- Tenure: 0yrs
Jeff Schrull
Group Executive of Exploration & Appraisal
- Tenure: 2.8yrs
- Compensation: AU$792.22k
Morné Engelbrecht
Chief Financial Officer
- Tenure: 3.1yrs
- Compensation: AU$934.14k
Dawn Summers
Chief Operating Officer
- Tenure: 1.7yrs
- Compensation: AU$1.05m
Matt Kay (49yo)
CEO, MD & Director
- Tenure: 3.4yrs
- Compensation: AU$2.89m
Lesley Adams
Group Executive of Human Resources
- Tenure: 0yrs
Lee Marshall
Group Executive of Corporate Strategy & Commercial
- Tenure: 1.8yrs
- Compensation: AU$728.97k
Rob Malinauskas
Head of Corporate Affairs & Community Relations
- Tenure: 0yrs
Sheree Ford
General Counsel
- Tenure: 0.3yrs
Peter Kupniewski
Senior Legal Manager & Company Secretary
- Tenure: 1.3yrs
Board Members
Ryan Stokes (43yo)
Non Executive Director
- Tenure: 3.3yrs
- Compensation: AU$125.00k
Joycelyn Morton (60yo)
Independent Non Executive Director
- Tenure: 1.7yrs
- Compensation: AU$135.00k
Glenn Davis
Independent Non Executive Chairman
- Tenure: 6.9yrs
- Compensation: AU$275.00k
Phil Bainbridge (60yo)
Independent Non-Executive Director
- Tenure: 3.6yrs
- Compensation: AU$144.09k
Peter Moore
Independent Non-Executive Director
- Tenure: 2.3yrs
- Compensation: AU$140.00k
Colin Beckett
Independent Non-Executive Deputy Chairman
- Tenure: 3.5yrs
- Compensation: AU$161.00k
Richard Richards (51yo)
Non Executive Director
- Tenure: 2.7yrs
- Compensation: AU$125.00k
Matt Kay (49yo)
CEO, MD & Director
- Tenure: 3.4yrs
- Compensation: AU$2.89m
Sally-Anne Layman
Independent Non-Executive Director
- Tenure: 0.7yrs
- Compensation: AU$38.50k
Company Information
Beach Energy Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Beach Energy Limited
- Ticker: BPT
- Exchange: ASX
- Founded: 1961
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: AU$5.355b
- Shares outstanding: 2.28b
- Website: https://www.beachenergy.com.au
Location
- Beach Energy Limited
- 80 Flinders Street
- Level 8
- Adelaide
- South Australia
- 5000
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BEPT.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 1992 |
| BPT | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Jan 1992 |
| BPS | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
| BPT | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Jan 1992 |
| BCHE.Y | OTCPK (Pink Sheets LLC) | ADR | US | USD | Jul 2010 |
Biography
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 five producing ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/23 10:31 |
| End of Day Share Price | 2019/10/23 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/06/30 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.