BPT 0.80% $1.26 beach energy limited

Ann: Quarterly report for the period ended 31 March 2019, page-3

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  1. 3,985 Posts.
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    Realised gas price is up! $7 per gj. And will continue to move higher towards market price in two years.
    Only 90k barrels of oil hedging capped at A$103. BPT will make more money this quarter as oil price is much higher.
    I just wonder why Free Cash Flow fell. $23 m in dividends and $7m in taxes paid. Still does not explain fully why net debt fell by only $112m considering sales revenue was up. Capex was pretty much the same as last quarter.
 
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