Beach Energy posts $400M quarterly revenue

• Beach Energy achieved 4.9 million barrels of oil equivalent in fourth-quarter production, reaching 19.4 MMboe for the full year.
• Quarterly sales revenue dropped 5% quarter-on-quarter to $
• The company agreed to sell its VIC/L35 interest for $500 million in near-term capital.

Beach Energy (ASX:BPT) generated $400 million in sales revenue after producing 4.9 million barrels of oil equivalent during the June quarter.

While production rose 1% quarter-on-quarter, total quarterly sales revenue fell 5% due to lower sales volumes.

“Beach finished FY26 with strong operational momentum,” said Beach Energy Managing Director and CEOBrett Woods.

The producer agreed to sell its VIC/L35 interest for $500 million in capital.

Following the announcement, the Beach Energy share price was unchanged at $1.22.

Earlier in FY26, flood disruptions in the Cooper Basin temporarily lowered production before well recovery efforts restored operations.

Beach Energy expanded its Perth Basin operations as the Waitsia Gas plant reached peak rates of 250 terajoules per day.