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Beach Energy Boosts Production 15% and Lifts Dividends Amid Strategic Reset

5:29pm on Sunday 1st of June, 2025 AEST Energy
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Beach Energy Boosts Production 15% and Lifts Dividends Amid Strategic Reset

5:29pm on Sunday 1st of June, 2025 AEST
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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