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Beach Energy Q1 Production Down, But Sales Volumes Rises

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Beach Energy Limited (BEPTF,BPT.AX) reported that its production for first quarter of fiscal year 2026 declined to 4.990 millions of barrels of oil equivalent or MMboe from 5.233 MMboe last year. But total sales volumes for the quarter rose to 6.798 MMboe from 5.516 MMboe in the prior year.

Total sales volumes for the quarter were 15% above the prior quarter due to one additional Waitsia LNG cargo lifted and higher gas production, partly offset by lower oil production and timing of Cooper Basin LPG liftings.

Quarterly total sales revenue was A$537 million up from A$427 million in the prior year.

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