Beach Energy (ASX:BPT) 3-Year Share Buyback Ratio : 0.00% (As of Dec. 2024)

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What is Beach Energy 3-Year Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Beach Energy's current 3-Year Share Buyback Ratio was 0.00%.

The historical rank and industry rank for Beach Energy's 3-Year Share Buyback Ratio or its related term are showing as below:

During the past 13 years, Beach Energy's highest 3-Year Share Buyback Ratio was -0.10%. The lowest was -45.50%. And the median was -17.90%.

ASX:BPT's 3-Year Share Buyback Ratio is not ranked ^*
in the Oil & Gas industry.
Industry Median: -3.9
* Ranked among companies with meaningful 3-Year Share Buyback Ratio only.

Competitive Comparison of Beach Energy's 3-Year Share Buyback Ratio

For the Oil & Gas E&P subindustry, Beach Energy's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Beach Energy's 3-Year Share Buyback Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Beach Energy's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Beach Energy's 3-Year Share Buyback Ratio falls into.

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Beach Energy 3-Year Share Buyback Ratio Calculation

This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Beach Energy (ASX:BPT) 3-Year Share Buyback Ratio Explanation

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.

Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.

Beach Energy 3-Year Share Buyback Ratio Related Terms

Thank you for viewing the detailed overview of Beach Energy's 3-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Beach Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Beach Energy Ltd (ASX:BPT) » Definitions » 3-Year Share Buyback Ratio

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Traded in Other Exchanges

BEPTF:USA BCHEY:USA

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.