Hard to say, their realised prices over the year have been exceptional. I still haven’t figured how they manage to pull it off at those high prices
so upside on spot is limited in my opinion
but having said that, the production downgrade should been priced in. That’s why the share price fell in the past. My fear is the decline is a lot worse than expected…..if they are again, revising downward
Ann: Beach Energy Ltd FY21 Results Presentation, page-36
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