Yahoo Finance Beach Energy First Half 2023 Earnings: EPS: AU$0.091 (vs AU$0.093 in 1H 2022)
Beach Energy (ASX:BPT) First Half 2023 Results
Key Financial Results
Revenue: AU$827.0m (up 3.7% from 1H 2022).
Net income: AU$207.2m (down 2.7% from 1H 2022).
Profit margin: 25% (down from 27% in 1H 2022). The decrease in margin was driven by higher expenses.
EPS: AU$0.091 (down from AU$0.093 in 1H 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Beach Energy Earnings Insights
Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Australia are expected to remain flat.
Performance of the Australian Oil and Gas industry.
The company's shares are down 2.5% from a week ago.
Risk Analysis
We should say that we've discovered 1 warning sign for Beach Energy that you should be aware of before investing here.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Join A Paid User Research Session
You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here
