Beach Energy Limited

Beach Energy Limited operates as an oil and gas exploration and production company. It engages in the operated and non-operated, onshore and offshore, and oil and gas production in five producing basins across Australia and New Zealand. The company also explores, develops, produces, and transports hydrocarbons; and sells gas and liquid hydrocarbons. As of June 30, 2022, it had a production capacity of 21.8 million barrels of oil equivalent; and 283 million barrels of oil equivalent of proved and probable reserves. The company was formerly known as Beach Petroleum Limited and changed its name to Beach Energy Limited in December 2009. Beach Energy Limited was incorporated in 1961 and is headquartered in Adelaide, Australia.

Beach Energy operates in the energy sector with a focus on oil and gas production in multiple basins across Australia and New Zealand. The company is self-described as a domestic energy supplier.

Beach Energy

Beach Energy Ltd | 55,084 followers on LinkedIn. ASX100 oil and gas company based in Adelaide, with onshore and offshore operations in Australia and New Zealand. | A proud Australian pioneer, Beach Energy is an ASX-listed oil and gas exploration and production company headquartered in Adelaide, South Australia. Founded in 1961, Beach produces gas, oil and natural gas liquids from five basins across Australia and New Zealand, with a strategic focus on the core hubs of East Coast Australia and West Coast Australia. Beach’s vision is to become Australia’s leading domestic energy company by delivering leading shareholder returns through the sustainable supply of energy.

Commercial Advisory | Commerical Operations | Contract Management | Commercial Systems Manager

Nitin Parwal

John Howarth

Securing great talent for Beach Energy Ltd

Rose Hamilton

General Manager Transformation Projects

Hendrik Snyman

Beach Energy Ltd

Beach Energy, together with Mitsui E&P Australia (MEPAU) are proud to partner with Royal Life Saving - Western Australia to bring essential life-saving skills to young Australians through the Midwest Swim and Survive program. With rising costs affecting many families, this initiative ensures that critical swimming skills remain accessible. This program gives 1,400 children across Geraldton, Coorow, and neighboring communities access to the program, learning to swim, float, and even rescue a friend. These lessons improve water safety awareness and know how to stay safe around water. #CommunityPartnership #MidWestWA

Soaring progress at the Waitsia Gas Project Stage 2! At the project site in Dongara, Western Australia, the team has been making strong progress, achieving mechanical completion on four Sales Gas Compressors. With the commencement of commissioning on the process systems, the plant is now in full commissioning control. Ranked as one of the largest gas fields ever discovered onshore in Australia, the project includes a 250TJ/day gas processing plant and associated gas-gathering pipelines, and will contribute to the stable supply of LNG to meet increasing global demand as well as continuing to supply domestic gas for use by Western Australian manufacturers and consumers. Clough is delivering the engineering, procurement, construction and commissioning for Mitsui E&P Australia (MEPAU) and Beach Energy Ltd ’s Waitsia Gas Project Stage 2 development. With our parent company, Webuild , we have strengthened capabilities, delivering iconic and pioneering projects together. #CloughGroup #WesternAustralia #Engineering #Construction #Energy #Drone

Clough

Congratulations to Juna , one of Beach Energy's outstanding reservoir engineers, for receiving the SPE Regional Young Professional Member Outstanding Service Award at the Asia Pacific Oil & Gas Conference and Exhibition in Perth! Juna’s passion for engineering and community shines through her incredible volunteer efforts with Energy4Me. From leading hands-on STEM activities to inspiring students at career expos and driving meaningful engagement at Science Alive!, Juna is dedicated to showing the next generation the exciting pathways within energy and engineering. Reflecting on her journey, Juna shared, "My career has taken me to places I never imagined, from offshore platforms to middle of the desert. I hope to inspire future engineers to dream big and make their mark." Congratulations, Juna, on this well-deserved award and for all you do to fuel future talent in STEM! #EnergyIndustry #SPEAwards #APOGCE2024

Beach Energy has today announced first gas from two offshore wells following successful connection to the Otway Gas Plant in Victoria. With the market regulator AEMO continuing to forecast gas supply shortfalls on the East Coast in the near-term, the Thylacine West wells are a critical and timely source of new gas supply for our customer and domestic users. Read our ASX announcement here: https://bit.ly/3NDdOPe

Beach made good strides in project execution and delivery during the first quarter of FY25. · higher production with completion of the Enterprise development and optimisation initiatives · nearing first gas from the Thylacine West development wells · CO2 injection at Moomba CCS reaching capacity rates Beach Managing Director and CEO Brett Woods said: "The potential of our asset portfolio was on display during the first quarter. With new leadership, strengthened governance and our focus on core East and West Coast markets, Beach is uniquely positioned for disciplined growth as we provide the transitional energy desperately needed by Australia." Read more here: https://bit.ly/48ad1P4

CCUS Network Australia (CCUSNA) congratulates member and operator of Moomba Carbon Capture and Storage (CCS) Santos Ltd and Beach Energy Ltd on starting to store CO2 in depleted underground reservoirs. As recognised by the United Nations Framework Convention on Climate Change, CCUS can play a significant role in mitigating carbon emissions and is a long-term solution for decarbonisation into the future. CCUSNA provides informed advice and information to industry, government and community on the principles and processes involved in CCUS. https://lnkd.in/guGkV-ZU https://lnkd.in/gCMtZJ8M #ccs #ccus #ccusna #energy #subsurface

CCUS Network Australia (CCUSNA)

Beach is pleased to announce the Moomba Carbon Capture and Storage (CCS) project has begun safely and securely storing CO2 emissions in depleted underground reservoirs. Moomba CCS, a Joint Venture with Santos Ltd , is one of the biggest CCS projects in the world. Our Managing Director and CEO Brett Woods said today marked a pivotal moment in Australia’s emissions reduction journey. “It is widely accepted that natural gas will play a critical role in the energy transition and that CCS is a necessary enabler for low emissions energy supply. The International Energy Agency has stated that it will be near impossible to reach net zero by 2050 without CCS. “Thanks to Beach’s significant investment in Moomba CCS, we are now well on track to reach our targeted net Scope 1 and 2 emissions intensity reduction of 35% by 2030.” Read our announcement to the ASX here: https://bit.ly/4fq0j1p # Australian Energy Producers Global CCS Institute

Beach Energy, together with our Joint Venture partner, Mitsui E&P Australia (MEPAU) , is proud to have supported the Big Tractor Project in Carnamah WA, launched on Saturday, 5 October 2024. The grand opening of the Big Tractor stole the show as part of the North Midlands Agricultural Society’s “Country Carnival”, alongside the vintage tractor parade. The Big Tractor is an 11 meter, 36-tonne sculpture of the Chamberlain 40K, Western Australia’s first locally manufactured tractor, and the Shire of Carnamah anticipate it will draw many visitors and tourists to the area. At Beach Energy, we believe in supporting initiatives that drive economic sustainability and growth in the regions where we operate. By contributing to projects like the Big Tractor, we help promote tourism, create business opportunities, and strengthen local communities. #communitypartnership #midwestWA #BigTractorProject

We’re thrilled to announce that Beach Energy has been named a finalist in the Department for Energy and Mining, South Australia , 2024 Premier’s Awards in Energy and Mining. Our nomination in the Productivity Improvement category recognises the hard work and innovation of our team as we continuously strive to optimise operations and drive value. Congratulations to all the finalists who are contributing to the future of energy and mining in South Australia. #AwardsFinalist #PremiersAward #EnergyandMining

Natural gas powers more than electricity and is vital in supporting the manufacturing industry to make anything from bricks for building homes to pharmaceuticals, plastics, steel, cement, chemicals, paper and even fertilisers to help produce the food that ends up on your plate. While there are many presented paths to net-zero, the only credible solutions recognise natural gas as critical in the energy transition. Watch the below video from Australian Energy Producers from their campaign, “Natural Gas – Keeping the Country Running” to learn how natural gas produced in Australia by companies like Beach Energy, helps fuel industries essential to our lives. #KeepingTheCountryRunning #NaturalGas #EnergyTransition

ASX:BPT

Beach Energy

Last Close

1.28

08/11 05:10

Market Cap

3.47B

Beta: 1.60

Volume Today

3.23M

Avg: 9.65M

PE Ratio

9.36

PFCF: −15.91

Dividend Yield

2.43%

Payout:17.07%

Analysis Not Available