Shares of Beach Energy Limited (OTCMKTS:BEPTF – Get Free Report) dropped 3.6% during trading on Thursday . The company traded as low as $0.7788 and last traded at $0.7788. Approximately 1,000 shares changed hands during mid-day trading, a decline of 51% from the average daily volume of 2,050 shares. The stock had previously closed at $0.8075.
Beach Energy Stock Performance
The firm has a 50 day moving average price of $0.79 and a two-hundred day moving average price of $0.79.
About Beach Energy
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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