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Why Did Beach Energy’s Profit Drop 32% Despite Waitsia Stage 2 Progress?
8:42am on Thursday 5th of February, 2026 AEDT
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Energy
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Why Did Beach Energy’s Profit Drop 32% Despite Waitsia Stage 2 Progress?
8:42am on Thursday 5th of February, 2026 AEDT
Key Points
Net profit after tax down 32% to $150.2 million
Production falls 7% to 9.5 million barrels of oil equivalent
Sales revenue slightly down to $981.7 million
Waitsia Stage 2 gas plant commissioning completed, ramping up
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Beach Energy (ASX:BPT)
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