Highlights

  • Beach reported production of 4.9 million barrels of oil equivalent (MMboe) in the June quarter and 19.4 MMboe for FY26.
  • The average realised oil price increased 39% from the preceding quarter to AUD 174 per barrel.
  • Perth Basin quarterly gas production increased 15% as the Waitsia Gas Plant averaged 121 terajoules per day on a gross basis.

On 27 October 2026, Beach Energy Limited (ASX:BPT) shares were quoted at AUD 0.92, representing a daily change of +1.10% according to historical market data. The company’s attached announcement covers its reported operations and financial position. Its disclosures address production and revenue, pricing and LNG cargo and related corporate developments. The following account separates reported results from company-stated expectations and uses the periods and measurement bases set out in the announcement.

Production and Revenue

Beach reported production of 4.9 million barrels of oil equivalent (MMboe) in the June quarter and 19.4 MMboe for FY26. Quarterly sales reached 4.8 MMboe and generated AUD 400 million in revenue, with FY26 Revenue of AUD 1.801 billion.

These figures are presented in the Beach Energy Limited Company announcement for the relevant reporting period. Where management supplies a comparison, the change is stated against the corresponding period and does not describe a change in the Market Price of the company’s shares.

Pricing and LNG Cargo

The average realised oil price increased 39% from the preceding quarter to AUD 174 per barrel. Average realised sales gas pricing was AUD 11.1 per gigajoule. One Waitsia LNG cargo generated AUD 56 million at an average realised price of AUD 14.8 per MMBtu.

The operational figures disclosed by Beach Energy Limited relate to the activities and Business units named in the release. They should be read as separately reported measures because production, sales, billing, contracted capacity and operating Earnings are not interchangeable.

Perth and Otway Operations

Perth Basin quarterly gas production increased 15% as the Waitsia Gas Plant averaged 121 terajoules per day on a gross basis. Otway Basin production increased 4%, while the Taranaki Basin increased 14%, according to the quarterly activities report.

The project information is drawn from the milestones and transactions described in the announcement. The release distinguishes projects already completed from construction activity, approvals, company targets and other steps still under way.

Drilling and Portfolio Changes

Three Western Flank oil wells were drilled, and the Cooper Basin joint venture reported a 93% success rate across 15 wells, including two gas discoveries. Beach announced the sale of its interest in VIC/L35 for AUD 70 million upfront and a AUD 3.75 per gigajoule production Royalty on up to 62 petajoules.

Where figures concern dividends, Capital raising, debt, cash or asset transactions, they describe the amounts and arrangements reported by Beach Energy Limited. A declared distribution and an expected payment remain different stages in the company’s reporting process.

Liquidity and Safety

Beach reported available Liquidity of AUD 983 million and net gearing of 10.6%. It recorded 18 months without a recordable injury and no Tier 1 or Tier 2 process safety event in the final quarter.

Any target or future figure is attributed to management rather than presented as an outcome. The company’s guidance is subject to the assumptions and qualifications provided with its results announcement.

The attached Beach Energy Limited release also sets out the company’s reporting terminology and the context in which the disclosed measures were prepared. The figures above reflect the stated financial or operating period, and the descriptions of planned activities are identified as company expectations. Financial measures and operational indicators are reported separately, using the definitions supplied by management. The announcement does not establish that a target has been achieved unless the company expressly records its completion.