BUZZ-Australia's Beach Energy hits three-week high; Morningstar raises FY26 earnings outlook

Reuters
10/21
BUZZ-Australia's <a href="https://laohu8.com/S/BPT.AU">Beach Energy</a> hits three-week high; Morningstar raises FY26 earnings outlook

** Shares of Australia's Beach Energy BPT.AX rise 4.2% to A$1.1825, their highest since September 29

** Morningstar increases FY26 EPS forecast for co to A$0.19 from A$0.14 on expectations of higher production, improved domestic pricing and additional sales from its Waitsia Stage 2 gas project in Western Australia

** Notes co's Waitsia Stage 2 gas project is set to start production, which, at full capacity, would increase group production rates by 40% per year

** Highlights that gas from Waitsia Stage 2 will fetch LNG export pricing, which is higher than domestic gas sales prices

** Investment research firm flags an 8% increase in domestic gas price achievement in recent quarter

** YTD, stock down 15.2%

(Reporting by Shruti Agarwal in Bengaluru)

((Shruti.Agarwal@thomsonreuters.com))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10