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Beach Energy Navigates Flood Challenges While Strengthening Liquidity in Q3 FY25
6:13am on Monday 2nd of June, 2025 AEST
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Energy
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Beach Energy Navigates Flood Challenges While Strengthening Liquidity in Q3 FY25
6:13am on Monday 2nd of June, 2025 AEST
Key Points
Production steady at 4.9 MMboe with Kupe output up 16%
Sales revenue of $552 million supported by two additional Waitsia LNG cargoes
Net debt reduced to $312 million; net gearing down to 8%
Cooper Basin floods expected to defer ~0.5 MMboe production and incur $7 million remediation costs
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