Beach Energy Gains on Strong 1Q Sales Revenue -- Market Talk

Dow Jones

Oct 20

0052 GMT - Beach Energy's materially higher-than-expected 1Q sales revenue helps to offset poor news on its Hercules exploration well and the potential for slightly higher costs at the Waitsia Stage 2 project, RBC Capital Markets says. Beach's share price rises 4.1% to A$1.135 after reporting 1Q sales revenue of A$537 million, up 18% on three months earlier. The addition of two LNG cargoes from Waitsia boosted revenue. Still, Beach said its Hercules well had failed to find natural gas. RBC expects drilling the well to have cost Beach around A$50 million. Regarding Waitsia Stage 2, it appears to be on target for a late 1Q FY 2026 start. "But we think its timing could still slip slightly," analyst Gordon Ramsay says. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

October 19, 2025 20:52 ET (00:52 GMT)

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Beach's share price rises 4.1% to A$1.135 after reporting 1Q sales revenue of A$537 million, up 18% on three months earlier. The addition of two LNG cargoes from Waitsia boosted revenue. Still, Beach said its Hercules well had failed to find natural gas. RBC expects drilling the well to have cost Beach around A$50 million. Regarding Waitsia Stage 2, it appears to be on target for a late 1Q FY 2026 start. \"But we think its timing could still slip slightly,\" analyst Gordon Ramsay says. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 19, 2025 20:52 ET (00:52 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Beach Energy Gains on Strong 1Q Sales Revenue -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBeach Energy Gains on Strong 1Q Sales Revenue -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-10-20 08:52</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0052 GMT - <a href=\"https://laohu8.com/S/BPT.AU\">Beach Energy</a>'s materially higher-than-expected 1Q sales revenue helps to offset poor news on its Hercules exploration well and the potential for slightly higher costs at the Waitsia Stage 2 project, RBC Capital Markets says. Beach's share price rises 4.1% to A$1.135 after reporting 1Q sales revenue of A$537 million, up 18% on three months earlier. The addition of two LNG cargoes from Waitsia boosted revenue. Still, Beach said its Hercules well had failed to find natural gas. RBC expects drilling the well to have cost Beach around A$50 million. Regarding Waitsia Stage 2, it appears to be on target for a late 1Q FY 2026 start. \"But we think its timing could still slip slightly,\" analyst Gordon Ramsay says. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 19, 2025 20:52 ET (00:52 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BPT.AU","symbol_name":"BEACH ENERGY LTD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2576000840","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2576000840","pubTimestamp":1760921520,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0052 GMT - Beach Energy's materially higher-than-expected 1Q sales revenue helps to offset poor news on its Hercules exploration well and the potential for slightly higher costs at the Waitsia Stage 2 project, RBC Capital Markets says. Beach's share price rises 4.1% to A$1.135 after reporting 1Q sales revenue of A$537 million, up 18% on three months earlier. The addition of two LNG cargoes from Waitsia boosted revenue. Still, Beach said its Hercules well had failed to find natural gas. RBC expects drilling the well to have cost Beach around A$50 million. Regarding Waitsia Stage 2, it appears to be on target for a late 1Q FY 2026 start. \"But we think its timing could still slip slightly,\" analyst Gordon Ramsay says. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BPT.AU":"BEACH ENERGY LTD","BK7507":"资源股","BK7142":"石油与天然气的勘探与生产"},"translate_title":"Beach Energy因第一季度销售收入强劲而上涨——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BPT.AU":0.9},"content_text":"0052 GMT - Beach Energy's materially higher-than-expected 1Q sales revenue helps to offset poor news on its Hercules exploration well and the potential for slightly higher costs at the Waitsia Stage 2 project, RBC Capital Markets says. Beach's share price rises 4.1% to A$1.135 after reporting 1Q sales revenue of A$537 million, up 18% on three months earlier. The addition of two LNG cargoes from Waitsia boosted revenue. Still, Beach said its Hercules well had failed to find natural gas. RBC expects drilling the well to have cost Beach around A$50 million. Regarding Waitsia Stage 2, it appears to be on target for a late 1Q FY 2026 start. \"But we think its timing could still slip slightly,\" analyst Gordon Ramsay says. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 19, 2025 20:52 ET (00:52 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}