BPT 2.26% $1.08 beach energy limited

What we know: gas growth story on the east coast...OtawayLNG...

  1. 2,815 Posts.
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    What we know:

    • gas growth story on the east coast...Otaway
    • LNG offtakes agreement, strong demand in Asia with 12 potential buyers...Watsia...
    • last OZ small sized gas operator...potential for TO target?
    • Western Flank depletion faster than what anticipated...however at this price level it is priced at zero as per few analysts report
    • POO can go down on the short term, but as proven with the major lockdowns this drops are temporary in nature, BPT is unhedged but with >50% of revenues coming form fix price contracts less volatile to POO
    • SP demonstrated strong support at these levels 1,050
    • Strong balance sheet only 1,5% geared
    • project execution risk
    • it can move up very quick on any positive exploration/M&A upsides

    I am changing my sentient from HOLD to BUY....DYOR
 
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Last
$1.08
Change
-0.025(2.26%)
Mkt cap ! $2.469B
Open High Low Value Volume
$1.09 $1.09 $1.07 $7.152M 6.620M

Buyers (Bids)

No. Vol. Price($)
39 187779 $1.08
 

Sellers (Offers)

Price($) Vol. No.
$1.09 151890 42
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Last trade - 14.29pm 09/09/2024 (20 minute delay) ?
BPT (ASX) Chart
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