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Beach Energy (Beach Energy) Gross-Profit-to-Asset % : 8.80% (As of Dec. 2023)


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What is Beach Energy Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Beach Energy's annualized Gross Profit for the quarter that ended in Dec. 2023 was $345 Mil. Beach Energy's average Total Assets over the quarter that ended in Dec. 2023 was $3,917 Mil. Therefore, Beach Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 8.80%.


Beach Energy Gross-Profit-to-Asset % Historical Data

The historical data trend for Beach Energy's Gross-Profit-to-Asset % 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.

* Premium members only.

Beach Energy Gross-Profit-to-Asset % Chart

Beach Energy Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.88 15.00 13.32 14.93 10.13

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
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.18 18.24 10.69 9.96 8.80

Competitive Comparison of Beach Energy's Gross-Profit-to-Asset %

For the Oil & Gas E&P subindustry, Beach Energy's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Beach Energy's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Beach Energy's Gross-Profit-to-Asset % falls into.



Beach Energy Gross-Profit-to-Asset % Calculation

Beach Energy's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jun. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=381.946/( (3585.453+3956.309)/ 2 )
=381.946/3770.881
=10.13 %

Beach Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=344.578/( (3956.309+3877.845)/ 2 )
=344.578/3917.077
=8.80 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is two times the semi-annual (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Beach Energy Gross-Profit-to-Asset % Related Terms

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Beach Energy (Beach Energy) Business Description

Traded in Other Exchanges
Address
80 Flinders Street, Level 8, Adelaide, SA, AUS, 5000
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.

Beach Energy (Beach Energy) Headlines

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