Beach Energy Past Earnings Performance

Past criteria checks 0/6

Beach Energy's earnings have been declining at an average annual rate of -32.4%, while the Oil and Gas industry saw earnings growing at 36.2% annually. Revenues have been declining at an average rate of 1.5% per year.

Key information

-32.4%

Earnings growth rate

-32.4%

EPS growth rate

Oil and Gas Industry Growth	32.6%
Revenue growth rate	-1.5%
Return on equity	-14.3%
Net Margin	-26.4%
Last Earnings Update	30 Jun 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Beach Energy makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

CHIA:BPT Revenue, expenses and earnings (AUD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	1,798	-475	11
31 Mar 24	1,785	-313	14
31 Dec 23	1,773	-151	17
30 Sep 23	1,710	125	17
30 Jun 23	1,646	401	17
31 Mar 23	1,724	448	16
31 Dec 22	1,801	495	16
30 Sep 22	1,786	498	15
30 Jun 22	1,771	501	15
31 Mar 22	1,702	451	23
31 Dec 21	1,633	401	32
30 Sep 21	1,598	359	52
30 Jun 21	1,562	317	73
31 Mar 21	1,534	333	76
31 Dec 20	1,506	349	79
30 Sep 20	1,617	424	58
30 Jun 20	1,728	499	38
31 Mar 20	1,849	536	35
31 Dec 19	1,969	573	33
30 Sep 19	2,023	575	37
30 Jun 19	2,078	577	42
31 Mar 19	2,005	482	43
31 Dec 18	1,932	386	45
30 Sep 18	1,600	292	44
30 Jun 18	1,267	199	44
31 Mar 18	984	289	38
31 Dec 17	701	380	33
30 Sep 17	677	384	34
30 Jun 17	653	388	34
31 Mar 17	642	251	40
31 Dec 16	631	115	46
30 Sep 16	594	-237	43
30 Jun 16	558	-589	40
31 Mar 16	565	-812	38
31 Dec 15	573	-1,035	36
30 Sep 15	650	-775	37
30 Jun 15	728	-514	37
31 Mar 15	825	-326	38
31 Dec 14	922	-138	40
30 Sep 14	987	-18	40
30 Jun 14	1,052	102	40
31 Mar 14	982	186	36
31 Dec 13	913	270	32

Quality Earnings: BPT is currently unprofitable.

Growing Profit Margin: BPT is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: BPT is unprofitable, and losses have increased over the past 5 years at a rate of 32.4% per year.

Accelerating Growth: Unable to compare BPT's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BPT is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-48%).

Return on Equity

High ROE: BPT has a negative Return on Equity (-14.35%), as it is currently unprofitable.

Beach Energy Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Full year 2024 earnings released: AU$0.21 loss per share (vs AU$0.18 profit in FY 2023)

First half 2024 earnings released: AU$0.15 loss per share (vs AU$0.091 profit in 1H 2023)

Beach Energy Limited to Report Fiscal Year 2024 Results on Aug 12, 2024

Full year 2023 earnings released: EPS: AU$0.18 (vs AU$0.22 in FY 2022)

Beach Energy Limited to Report Fiscal Year 2023 Results on Aug 14, 2023

First half 2023 earnings released: EPS: AU$0.091 (vs AU$0.093 in 1H 2022)

Recent updates

Beach Energy Limited Announces Fully Franked Final Dividend for 2024, Payable on September 30, 2024

Final dividend of AU$0.02 announced

Full year 2024 earnings released: AU$0.21 loss per share (vs AU$0.18 profit in FY 2023)

New major risk - Dividend sustainability

Beach Energy Limited Appoints Sally Martin as an Independent Non-Executive Director

Upcoming dividend of AU$0.02 per share

First half dividend of AU$0.02 announced

First half 2024 earnings released: AU$0.15 loss per share (vs AU$0.091 profit in 1H 2023)

Beach Energy Limited to Report Fiscal Year 2024 Results on Aug 12, 2024

Less than half of directors are independent

Beach Energy Ltd Announces Board Changes

Woodside Energy's Pyrenees and Macedon Oil and Gas Projects Reportedly Up for Sale through Morgan Stanley

Upcoming dividend of AU$0.02 per share at 2.6% yield

Full year 2023 earnings released: EPS: AU$0.18 (vs AU$0.22 in FY 2022)

Beach Energy Limited, Annual General Meeting, Nov 14, 2023

Beach Energy Limited Announces Chief Executive Officer Changes

Beach Energy Limited to Report Fiscal Year 2023 Results on Aug 14, 2023

Beach Energy Limited Announces Director Changes

Beach Energy Ltd Appoints Bruce Clement as an Independent Non-Executive Director

Upcoming dividend of AU$0.02 per share at 2.7% yield

First half 2023 earnings released: EPS: AU$0.091 (vs AU$0.093 in 1H 2022)

Beach Energy Limited Announces Ordinary Franked Dividend for the Period of Six Months Ended 31 December 2022, Payable on 31 March 2023

Beach Energy Ltd Appoints David Lim as Company Secretary

Beach Energy Limited to Report First Half, 2023 Results on Feb 13, 2023

Beach Energy Limited to Report Q2, 2023 Results on Jan 31, 2023

Investor sentiment deteriorated over the past week

Beach Energy Limited (ASX:BPT) made an offer to acquire Warrego Energy Limited (ASX:WGO) for AUD0.2 per share.

Beach Energy Limited Announces Retirement of Directors

Beach Energy Limited Announces Company Secretary Changes

Independent Non-Executive Director recently bought AU$119k worth of stock

Upcoming dividend of AU$0.01 per share

Beach Energy Limited Announces Ordinary Fully Franked Dividend for the Six Months Ended June 30, 2022, Payable on September 30, 2022

Beach Energy Limited, Annual General Meeting, Nov 16, 2022

Beach Energy Limited Announces Completion of its Offshore Otway Basin Drilling Campaign

Beach Energy Limited Appoints Anne-Marie Barbaro as Chief Financial Officer

Vintage Energy Limited (ASX:VEN), along with Metgasco Limited (ASX:MEL) and Bridgeport (Cooper Basin) Pty Ltd. completed the acquisition of 15% stake in Cooper Basin licence PRL 211 from Beach Energy Limited (ASX:BPT).

Beach Energy Limited Appoints Morné Engelbrecht as Chief Executive Officer

Vintage Energy Limited (ASX:VEN), along with Metgasco Limited (ASX:MEL) and Bridgeport (Cooper Basin) Pty Ltd. agreed to acquire 15% stake in Cooper Basin licence PRL 211 from Beach Energy Limited (ASX:BPT) for AUD 2.25 million.

Investor sentiment improved over the past week

Upcoming dividend of AU$0.01 per share

First half 2022 earnings: EPS in line with analyst expectations despite revenue beat

Beach Energy Limited Updated Production Guidance for the Fiscal Year 2022

Alternate Director recently bought AU$175k worth of stock

Non Executive Director recently bought AU$120k worth of stock

Investor sentiment improved over the past week

Upcoming dividend of AU$0.01 per share

Non Executive Director recently bought AU$254k worth of stock

Investor sentiment deteriorated over the past week

Beach Energy Limited Announces Drilling Update

Independent Non-Executive Director recently bought AU$75k worth of stock

Beach Energy Limited (ASX:BPT) completed the acquisition of South Australian Cooper Basin Assets from Senex Energy Limited (ASX:SXY).

Independent Non-Executive Director recently bought AU$75k worth of stock

New 90-day low: AU$1.61

Upcoming Dividend of AU$0.01 Per Share

Revenue beats expectations

First half 2021 earnings released: EPS AU$0.056 (vs AU$0.12 in 1H 2020)

Beach Energy Limited Confirms Reserves in Relation to the Enterprise Gas Field, Located in Exploration Permit VIC/P42

Beach Energy Limited to Report Q4, 2021 Results on Jul 21, 2021

Beach Energy Limited to Report First Half, 2021 Results on Feb 15, 2021

Beach Energy Limited Appoints Stephen (Sam) Algar as Group Executive Exploration & Subsurface and Thomas Nador to the Role of Group Executive Development

New 90-day high: AU$2.00

Beach Energy Limited, Annual General Meeting, Nov 10, 2021

New 90-day high: AU$1.88

Three Parties Reportedly Join Race for Exxon Assets

New 90-day high: AU$1.66

Market bids up stock over the past week

Red Sky Energy Limited (ASX:ROG) entered into a binding sale and purchase agreement to acquire South Australian Petroleum Retention Licence 13, which contains the Killanoola oilfield from Beach Energy Limited (ASX:BPT) for AUD 1.

Beach Energy Limited (ASX:BPT) entered into an agreement to acquire South Australian Cooper Basin Assets from Senex Energy Limited (ASX:SXY) for AUD 87.5 million.

New 90-day low: AU$1.22