Beach Petroleum is one of the most under rated stocks on the ASX
It too was pretty well rock solid today, despite the general carnage.
This company is well managed and has had a bevvy of drilling successes that have guaranteed the company's future profitability and cashflow.
Aldinga 1 - Beach's last well is another of Beach's small successes in its search for oil in the Cooper Eromanga Basin.
Keep an eye on BPT's follow up drilling programme.
Beach looks a winner every inch of the way - one to hold for the long haul
Like the oil majors it too, as a producer, would benefit from an oil price hike resulting from US military action in the Middle East.
Cheers, X
Life Is A Beach
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Last
$1.47 |
Change
-0.065(4.25%) |
Mkt cap ! $3.342B | |||
| Open | High | Low | Value | Volume |
| $1.49 | $1.51 | $1.44 | $29.16M | 19.90M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12304 | $1.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.47 | 291632 | 10 |
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| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| BPT (ASX) Chart |