BUZZ-Australia's Beach Energy set for best week in four years on strong Q1 sales
Reuters
Oct 24
BUZZ-Australia's <a href="https://laohu8.com/S/BPT.AU">Beach Energy</a> set for best week in four years on strong Q1 sales
** Shares of Australia's Beach Energy BPT.AX rise as much as 2.4% to A$1.280, their highest since August 27
** Stock extends gains to a fifth session after energy co reported on Monday an 18% q-o-q growth in sales revenue
** Q1 oil production increased 8% q-o-q
** Stock has risen 15.4% so far this week, set for biggest weekly gain since early October 2021
** BPT down 9.9% YTD
($1 = 1.5389 Australian dollars)
(Reporting by Keshav Singh Chundawat in Bengaluru)
((Keshav.singhchundawat@thomsonreuters.com))
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