Beach Energy Limited(BPT.AU)UBS SnapShot: 2H24 Results
2024-08-12 02:51
ab 12 August 2024 Global Research and Evidence Lab First Read Beach Energy Limited UBS SnapShot: 2H24 Results ONE LINER 2HFY24 earnings beat consensus by 7% however a further reserve downgrade to the new Enterprise gas field in VIC Otways adds further pressure to reserve replacement risk. KEY NUMBERS 1) Underlying 2H24 NPAT $169m vs consensus ($158m) & UBSe ($154m). 2) Underlying 2H24 EBITDA $462m vs consensus ($435m) & UBSe ($452m). 3) Final DPS 2.0cps fully franked vs consensus (2.3cps ) & UBSe (0.8cps), ...