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Beach Energy Boosts Production 15% and Lifts Dividends Amid Strategic Reset
8:27am on Thursday 6th of February, 2025 AEDT
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Energy
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Beach Energy Boosts Production 15% and Lifts Dividends Amid Strategic Reset
8:27am on Thursday 6th of February, 2025 AEDT
Key Points
15% production increase to 10.2 MMboe driven by Otway and Bass Basin gains
Underlying NPAT up 37% to $237 million supported by LNG swap cargoes
Net gearing reduced to 10% with net debt down 33% to $389 million
Interim dividend raised 50% to 3.0 cents per share
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Beach Energy (ASX:BPT)
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