4 Aug 2025annual report● Neutral
Appendix 4E for FY25: revenue up 13% to $2,106m, underlying NPAT up 32% to $450.5m, but statutory net loss of $43.8m. Final dividend 6.0c fully franked, record date 29 August, payable 30 September 2025.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
4 Aug 2025annual report▲ GoodMajor
FY25 results: underlying NPAT up 32% to $451m, sales revenue $2.0bn, record final dividend 6.0c (9.0c total). A $474m after-tax impairment drove a statutory loss. FY26 guidance: production 19.7-22.0 MMboe, capex $675-775m; Waitsia completion expected Q1 FY26.
4 Aug 2025investor presentation● Neutral
Slides for the FY25 results released the same day. The extract shows only disclaimers and assumptions (Brent US$65/bbl for FY26); no new information visible.
31 July 2025quarterly activities report▼ BadMajor
June quarter production 4.6 MMboe; FY25 production up 9% to 19.7 MMboe, revenue $2.0bn, net debt $368m. Waitsia first gas slips again to Q1 FY26. Beharra Springs Deep 3 shows depletion (-10.7 MMboe 2P); $674m impairment expected.
17 July 2025asset acquisition disposition● Neutral
Vintage says Amplitude waived pre-emption rights and consented to Beach as operator of PEP 171, clearing joint venture conditions for the sale of Vintage's 25% to Beach. Completion still needs regulatory and Ministerial approvals; consideration is $1.25m.
16 June 2025asset acquisition disposition● Neutral
Vintage Energy announces selling its 25% of PEP 171 (onshore Otway Basin, Victoria) to Beach's subsidiary Adelaide Energy for $1.25m, subject to approvals and Beach becoming operator. Amplitude holds the other 75%. Small bolt-on for Beach.
4 June 2025other● Neutral
Appendix 3Y: Brett Woods acquired 2,100 shares at $1.36 under the employee salary sacrifice plan, taking his holding to 3,639 shares. Administrative notice.
29 Apr 2025quarterly activities report▼ Bad
March quarter production 4.9 MMboe, revenue $552m, net debt down to $312m. Waitsia first sales gas slips again to mid-CY2025. A Cooper Basin flood may defer about 0.5 MMboe in Q4 and delay the Western Flank campaign to H1 FY26. Arenaria 1 plugged and abandoned.
21 Feb 2025other● Neutral
Appendix 3Y: Brett Woods acquired 1,249 shares at $1.43 under the employee salary sacrifice plan, taking his holding to 1,539 shares. Administrative notice.
6 Feb 2025half year report▲ Good
Interim report for the half to 31 December 2024: net profit $222.3m versus a $345.1m loss a year earlier, with underlying NPAT up 37% to $236.9m. Interim dividend 3.0c, paid 31 March 2025. Statutory detail of the results announced the same day.
6 Feb 2025investor presentation● Neutral
Slides for the H1 FY25 results released the same day. The extract shows only disclaimers and assumptions (Brent US$75.5/bbl for remainder of FY25); no new information visible.
6 Feb 2025half year report▲ GoodMajor
H1 FY25 underlying NPAT rose 37% to $237m, production rose 15% to 10.2 MMboe, and net gearing fell to 10%. Interim dividend raised 50% to 3.0c. FY25 production guidance narrowed to 18.5-20.5 MMboe; Waitsia first sales gas targeted Q4 FY25.
30 Jan 2025other● Neutral
Notice that half-year results will be released on 6 February 2025 with a webcast. Administrative only.
22 Jan 2025quarterly activities report▲ Good
December quarter production 5.0 MMboe; revenue up 32% to $563m on two Waitsia LNG swap cargoes. Net debt fell to $389m, gearing 10%. Waitsia first sales gas now targeted Q4 FY25, a slip from early-CY2025. Thylacine West online.
9 Dec 2024investor presentation● Neutral
Presentation for a 10 December 2024 Perth Basin site visit at the Waitsia Gas Plant. The extract shows only disclaimers and assumptions (Brent US$82.75/bbl for FY25), so no new information is visible.
13 Nov 2024agm notice● Neutral
Chairman and CEO addresses and presentation for the 13 November 2024 AGM. Stokes notes his endorsement as Chairman and restates the June refreshed strategy. The extract shows nothing new.
25 Oct 2024production update▲ GoodMajor
First gas from the Thylacine West 1 and 2 wells, connected to the Otway Gas Plant. Beach calls it the largest offshore drilling and development program in the Otway Basin, completing the campaign and materially increasing plant well deliverability.
18 Oct 2024quarterly activities report▲ Good
September quarter production rose 10% to 5.2 MMboe on Enterprise and Bass Basin well work; revenue $427m. Net gearing 14%, liquidity $465m. Waitsia first gas still targeted early-CY2025, with Beach staff to support commissioning. Ryan Stokes confirmed as Chairman.
17 Oct 2024production update▲ GoodMajor
Moomba CCS, in which Beach holds 33.4% and Santos operates, took its first CO2 injection on 30 September 2024 and is at capacity rates. It can store about 1.7 Mt of CO2 a year, roughly a third of Beach's equity emissions. This completes the build.
29 Aug 2024listing compliance notice▼ BadMajor
Replying to an ASX query, Beach says Enterprise pressure data alone was not material, but the 11.5 MMboe Enterprise revision and a 31.5 MMboe net 2P revision were. Total 2P fell about 50 MMboe to 205 MMboe, including 18.2 MMboe of production. This explains the Enterprise reserves cut.
28 Aug 2024director officer appointment● Neutral
Joint Company Secretary Susan Jones resigned with immediate effect. Christian Paech, a former Santos general counsel and company secretary, is appointed EVP Legal & Corporate Affairs and Joint Company Secretary. David Lim continues in the role.
12 Aug 2024annual report▼ BadMajor
FY24 revenue rose 9% to $1.8bn but underlying NPAT fell 11% to $341m. Production fell 7% to 18.2 MMboe. Enterprise pressure data points to a smaller reservoir, so 2P reserves were cut by 11.5 MMboe. Net gearing is 15% and the final dividend is 2.0c.
12 Aug 2024annual report● Neutral
The 2024 Annual Report is the full-form version of the FY24 results, covering operations, reserves, sustainability and financial statements. The AGM is set for 13 November 2024. The extract shows no new information.
12 Aug 2024annual report▼ Bad
Appendix 4E for FY24: revenue up 9% to $1,797.6m, a net loss of $475.3m, and underlying NPAT down 11% to $341.3m. Final dividend is 2.0c, paid 30 September 2024. This is the statutory-form detail of the results announced the same day.
12 Aug 2024other● Neutral
Appendix 4G governance checklist, lodged with the annual report and pointing to the Corporate Governance Statement on Beach's website. Administrative only.
12 Aug 2024investor presentation● Neutral
Slides for the FY24 results released the same day. The extract shows only disclaimers and assumptions (Brent US$82.75/bbl for FY25); no new information.
12 Aug 2024annual report● Neutral
The 2024 Corporate Governance Statement, approved by the board on 9 August 2024, describes board roles and skills. The board has seven directors. Routine compliance document.
5 Aug 2024other● Neutral
Notice that FY24 results will be released on 12 August 2024, with a webcast led by CEO Brett Woods and CFO Anne-Marie Barbaro. Administrative only.
19 July 2024quarterly activities report● Neutral
June quarter production rose 6% to 4.8 MMboe (FY24: 18.2 MMboe), with revenue of $433m. Otway output rose 31% on Enterprise. Waitsia first gas is still targeted for early CY2025. FY25 guidance is 17.5-21.5 MMboe with capex of $700-800m.
18 June 2024investor presentation● NeutralMajor
Presentation of the strategic review outcomes promised for 18 June, following the 30% headcount cut announced in March. The extract shows only disclaimers and assumptions (Brent US$82.75/bbl for FY25), so the specific outcomes are not visible here.