• Beach Energy Ltd achieved a production of 19.4 MMboe with sales revenue of $1.8 billion
• Underlying EBITDA was $1.0 billion and average realized gas price increased to $11.5/GJ
• The company reported a fully franked final dividend of 2.0 cps and total liquidity of $983 million
• Beach Energy Ltd successfully captured and stored ~1.3 Mt CO2e through Moomba CCS
• The company sold VIC/L35 asset for an implied ~$130 million, enabling redeployment of over $500 million in near-term capital

Beach Energy Ltd's FY26 full year results presentation highlights the company's strong performance across key metrics, strengthened liquidity, and operational excellence. The company achieved a production of 19.4 MMboe with sales revenue of $1.8 billion, and underlying EBITDA of $1.0 billion. The average realized gas price increased by 7% to $11.5/GJ, reflecting the targeted commercial strategy. The company also reported a fully franked final dividend of 2.0 cps and total liquidity of $983 million. Additionally, Beach Energy Ltd successfully captured and stored ~1.3 Mt CO2e through Moomba CCS, achieving a record 18-months recordable injury-free across all assets. The company sold VIC/L35 asset for an implied ~$130 million, enabling redeployment of over $500 million in near-term capital. The company also awarded new acreage in the Otway Basin, Taroom Trough, and Cooper Basin (Queensland), and made significant progress in the Western Flank wells drilling campaign.

FY27 production: 19.5 - 23.0 MMboe, capital expenditure: $600 - 700 million

Beach Energy Ltd is targeting flat production in FY27, with continued drilling activities and the commencement of the Moomba Central Optimisation project. The company also plans to execute an eight-well exploration campaign and potential tie-ins in the Western Flank.