Beach Energy (ASX:BPT) Beginning Cash Position : A$219 Mil (As of Dec. 2023)

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What is Beach Energy Beginning Cash Position?

Beach Energy's Beginning Cash Position for the quarter that ended in Dec. 2023 was A$219 Mil.

Beach Energy's quarterly Beginning Cash Position declined from Dec. 2022 (A$255 Mil) to Jun. 2023 (A$189 Mil) but then increased from Jun. 2023 (A$189 Mil) to Dec. 2023 (A$219 Mil).

Beach Energy's annual Beginning Cash Position increased from Jun. 2021 (A$110 Mil) to Jun. 2022 (A$127 Mil) and increased from Jun. 2022 (A$127 Mil) to Jun. 2023 (A$255 Mil).

Beach Energy Beginning Cash Position Historical Data

The historical data trend for Beach Energy's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Beach Energy Beginning Cash Position Chart

Beach Energy Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Beginning Cash Position

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311.20

171.90

109.90

126.70

254.50

Beach Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Beginning Cash Position	Get a 7-Day Free Trial															126.70	213.20	254.50	189.20	218.90

Beach Energy Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

Beach Energy Beginning Cash Position Related Terms

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Beach Energy (ASX:BPT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Beach Energy Ltd (ASX:BPT) » Definitions » Beginning Cash Position

Comparable Companies

Traded in Other Exchanges

BEPTF:USA BPS:Germany

Address

80 Flinders Street, Level 8, Adelaide, SA, AUS, 5000

Website

https://www.beachenergy.com.au

Beach produces oil, gas, and gas liquids from numerous joint ventures in the onshore Cooper and Eromanga basins. Beach merged with Cooper Basin joint-venture partner Drillsearch Energy Limited in March 2016, which increased equity production to about 10 million barrels of oil equivalent. This more than doubled to over 20 million barrels of oil equivalent following the successful purchase of Lattice from Origin Energy in 2018. The average field life is 10 years based on forecast production and 255 mmboe of proven and probable reserves. We credit life of around 15 years, assuming substantial conversion of 2C contingent resources into reserve category with drilling. Shale gas resources are blue-sky.