Beach Energy Limited (OTCMKTS:BEPTF – Get Free Report) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totaling 765,983 shares, a drop of 54.2% from the August 15th total of 1,671,274 shares. Based on an average daily volume of 92 shares, the short-interest ratio is presently 8,325.9 days.
Beach Energy Stock Performance
Shares of BEPTF opened at $0.63 on Wednesday. The business’s fifty day moving average price is $0.62 and its two-hundred day moving average price is $0.73. Beach Energy has a 52 week low of $0.58 and a 52 week high of $0.95.
Beach Energy Company Profile
Beach Energy Limited (OTCMKTS: BEPTF) is an Australian oil and gas exploration and production company headquartered in Adelaide, South Australia. The company focuses on the development of both onshore and offshore hydrocarbon assets and holds a diversified portfolio of exploration permits and producing fields across Australia and New Zealand. Its operations encompass conventional oil and gas, natural gas liquids and associated processing infrastructure.
Key producing regions include the Cooper Basin in South Australia, the Perth Basin in Western Australia, the Gippsland and Otway basins in Victoria, and the Surat Basin in Queensland.
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