BPT 2.06% $1.19 beach energy limited

sxy is fast approaching bpt

  1. 7,708 Posts.
    lightbulb Created with Sketch. 563
    I cant get over the fact that SXY is worth $1.1b, while BPT is worth only $1.7b. This makes BPT look like an absolute bargain.

    Beach has production guidance of 7.5m barrels while SXY has a oil production target of 700,000 barrels. As you can see SXY wont even produce 10 percent of what Beach has forecast.

    SXY 100% owned shale gas tenemants estimated to have 86-122tcf Gas in place. While Beach 100% owned shale gas tenemants have over 300tcf gas in place or 60tcf recoverable.

    It is like comparing neptune to jupiter. There is a large difference in fundamentals but a much smaller difference in valuations.
 
watchlist Created with Sketch. Add BPT (ASX) to my watchlist
(20min delay)
Last
$1.19
Change
-0.025(2.06%)
Mkt cap ! $2.714B
Open High Low Value Volume
$1.22 $1.23 $1.19 $6.737M 5.602M

Buyers (Bids)

No. Vol. Price($)
12 165140 $1.19
 

Sellers (Offers)

Price($) Vol. No.
$1.21 262552 6
View Market Depth
Last trade - 16.10pm 01/10/2024 (20 minute delay) ?
BPT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.