Beach Energy Ltd ADR BCHEY

Morningstar Rating
$12.60 −0.27 (2.11%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

BCHEY is trading at a LOCK|#$&p>& premium.
Price
$12.60
Fair Value
LOCK|.#^Pwkcv
Uncertainty
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1-Star Price
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5-Star Price
LOCK|.QySC&@?
Economic Moat
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Capital Allocation
—

Trading Information

Previous Close Price
$12.87
Day Range
$12.60–12.60
52-Week Range
$11.10–18.60
Bid/Ask
$0.01 / $413.00
Shares Outstanding
114.07M
Market Cap
$1.44B
Volume/Avg
1,105 / 581

Key Statistics

Price/Earnings (Normalized)
6.07
Price/Sales
1.11
Dividend Yield (Trailing)
3.32%
Dividend Yield (Forward)
3.32%
Dividend Payment Schedule
Apr, Oct
Total Yield
3.45%

Company Profile

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 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 around seven years based on forecast production and 173 mmboe of proven and probable reserves. We credit less than 15 years, assuming some additional conversion of 2C contingent resources into the reserve category with drilling. Shale gas resources are blue-sky.
Sector
Energy
Industry
Oil & Gas E&P
Stock Style Box
Small Value
Total Number of Employees
214

Competitors

Valuation

Metric
BCHEY
SHELL
WDS
Price/Earnings (Normalized)
6.0711.2615.84
Price/Book Value
0.641.511.14
Price/Sales
1.110.972.93
Price/Cash Flow
2.395.615.53
Price/Earnings
BCHEY
SHELL
WDS

Financial Strength

Metric
BCHEY
SHELL
WDS
Quick Ratio
0.650.981.27
Current Ratio
1.361.431.39
Interest Coverage
6.298.4312.07
Quick Ratio
BCHEY
SHELL
WDS

Profitability

Metric
BCHEY
SHELL
WDS
Return on Assets (Normalized)
6.61%6.72%4.12%
Return on Equity (Normalized)
11.08%14.47%7.68%
Return on Invested Capital (Normalized)
8.87%10.91%5.20%
Return on Assets
BCHEY
SHELL
WDS

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1-Day Chart
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Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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