Beach Energy has reported its financial and operating results for the first half of FY23, including a new dividend policy, further milestones for major growth projects and continued Balance Sheet strength.
Beach Energy has announced FY22 full-year results and FY23 outlook. Despite lower production, increased demand and pricing for its products saw a rise in earnings and cash flows. Total revenue increased 13% to $1.8 billion and underlying earnings before interest, tax, depreciation and amortisation increased 17% to $1.1 billion.