Beach Energy (BCHEY) Expected to Post Earnings on Thursday

Beach Energy (OTCMKTS:BCHEY) is expected to be announcing its resultson Thursday, August 6th. Analysts expect the company to announce earnings of $1.62 per share and revenue of $573.0130 million for the quarter.

Beach Energy Trading Down 0.4%

Shares of OTCMKTS:BCHEY traded down $0.05 on Tuesday, hitting $11.35. The company’s stock had a trading volume of 233 shares, compared to its average volume of 3. The company has a current ratio of 1.16, a quick ratio of 0.83 and a debt-to-equity ratio of 0.01. Beach Energy has a 12 month low of $11.10 and a 12 month high of $11.40. The stock’s 50-day moving average is $16.88 and its two-hundred day moving average is $16.67.

About Beach Energy

Beach Energy (OTCMKTS:BCHEY) is an Australia-based independent oil and gas exploration and production company. It focuses on the upstream segment of the hydrocarbons industry, encompassing geological appraisal, field development and production of both conventional and unconventional oil and gas resources. The company markets natural gas to domestic east coast customers and supplies crude oil to local and international refineries.

Beach Energy’s operations span several key sedimentary basins across Australia, including the Cooper Basin in South Australia, the Otway and Bass Basins in Victoria, and onshore assets in the Perth Basin of Western Australia.