Beach Energy Limited (AU:BPT) has released an update.
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Beach Energy Limited reported a robust start to FY25 with a 10% increase in production, driven by successful project completions in the Otway and Bass Basins. The company’s revenue remained steady at $427 million, while the commissioning of the Moomba CCS project marked a significant step in Australia’s decarbonization efforts. With a strong balance sheet and ongoing safety measures, Beach Energy is well-positioned for future growth in the energy sector.
For further insights into AU:BPT stock, check out TipRanks’ Stock Analysis page.
