Beach Energy stock gained 2.63 percent on October 8

Published on 10/08/2026 at 07:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2026 revenue fell 8.8 percent to AUD 1.92 billion, while net profit reached AUD 281.4 million. Beach Energy stock traded at AUD 0.86 on October 8.

Beach, AU000000BPT9, Illustration mit AI erstellt.

Beach Energy stock (ISIN AU000000BPT9) was trading at AUD 0.86 on the ASX at 3:42 p.m. AEDT on October 8, 2026, up 2.63 percent from the prior close of AUD 0.83. The move gives investors a fresh price marker as the Australian oil and gas producer enters the next phase of its fiscal 2027 production plan.

Fiscal 2026 mixed the signals

According to IBTimes AU, Beach reported fiscal 2026 revenue of AUD 1.92 billion, down 8.8 percent from fiscal 2025. Net profit reached AUD 281.4 million, compared with a AUD 19.0 million loss in fiscal 2025, while production came in at 19.4 million barrels of oil equivalent.

The operating picture remains uneven. The Waitsia gas plant in Western Australia has a nameplate capacity of 250 terajoules per day, while maintenance work and weaker production volumes have kept execution in view for the next update.

Consensus points above the market

MarketScreener lists a Hold consensus from 13 analysts and an average target of AUD 1.018. Against the October 8 price of AUD 0.86, that target lies 18.37 percent above the market level.

The comparison is useful because the stock is also 35.82 percent below its 52-week high of AUD 1.34, despite the fiscal 2026 return to statutory profitability. The 52-week low stands at AUD 0.81, leaving the latest price AUD 0.05 above that level.

Beach Energy stock stays below its yearly high

Beach Energy stock was last at AUD 0.86 on the ASX on October 8, 2026, with volume of 7,668,877 shares. Its market capitalization was AUD 2.0 billion on the same date, making production delivery, gas pricing and Waitsia operations the main figures to track alongside the valuation gap.