Poor result I would guess marginally worse than expected.
Key for me:
1p reserves down 19%
2p reserves down 10%
3p reserves down 13%
Outlook 2023/24
Production 18 -21MMBOE (below what I was expecting)
Capital Expenditure $850-$1000M (higher than I was expecting)
One off additional costs expected 2023/24 up to $65M
No guidance for 2024/25
Trigg1 exploration costs not written off in 2022/23 actuals so still sitting on the balance sheet which surprises me.
Now we know why the CEO was removed.
Ann: Beach Energy Ltd FY23 Full Year Results, page-2
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Last
$1.75 |
Change
0.025(1.45%) |
Mkt cap ! $3.980B | |||
| Open | High | Low | Value | Volume |
| $1.73 | $1.76 | $1.71 | $17.37M | 9.995M |
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| No. | Vol. | Price($) |
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| 4 | 61438 | $1.74 |
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| Price($) | Vol. | No. |
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| $1.75 | 77036 | 2 |
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| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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$1.74 |
Change
0.025 ( 1.17 %) |
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| $1.73 | $1.76 | $1.71 | 3086357 | ||
| Last updated 15.59pm 14/05/2024 ? | |||||
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