Equivalent production declined from 13.7m (includes Senex) to 11.9m from the first half more than offset by higher prices. NPAT increase from $129M first half to $188M, noting 2nd half financials include Senex acquisition.
FY22 is a development year to step up in future years for production but will probably still be profitable given current market prices for oil and gas.
Guessing the market reaction will be neutral to slightly positive, the results look solid enough and I think it a good sign that they are reporting early.
Ann: Beach Energy Ltd FY21 Results Presentation, page-6
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