Beach Energy Ltd (ASX:BPT) Insider Richard Richards Sells 25,000 Shares

Beach Energy Ltd (ASX:BPT) insider Richard Richards sold 25,000 shares of the business’s stock in a transaction on Friday, August 30th. The shares were sold at an average price of A$2.40 ($1.70), for a total transaction of A$60,000.00 ($42,553.19).

Richard Richards also recently made the following trade(s):

  • On Wednesday, August 28th, Richard Richards sold 16,390 shares of Beach Energy stock. The stock was sold at an average price of A$2.30 ($1.63), for a total transaction of A$37,697.00 ($26,735.46).

ASX:BPT opened at A$2.51 ($1.78) on Friday. The company has a market capitalization of $5.45 billion and a PE ratio of 9.92. The firm’s 50-day moving average price is A$1.99 and its 200-day moving average price is A$1.99. Beach Energy Ltd has a 1-year low of A$1.28 ($0.90) and a 1-year high of A$2.55 ($1.81). The company has a debt-to-equity ratio of 24.63, a current ratio of 0.98 and a quick ratio of 0.77.

The company also recently declared a Final dividend, which will be paid on Monday, September 30th. Investors of record on Monday, September 30th will be paid a $0.01 dividend. This represents a yield of 0.46%. The ex-dividend date of this dividend is Thursday, August 29th. Beach Energy’s payout ratio is 7.91%.

About Beach Energy

Beach Energy Limited operates as an oil and gas exploration and production company. The company has operated and non-operated, onshore and offshore, oil and gas production from five producing basins across Australia and New Zealand. It has interests in approximately 450 exploration and production tenements.

Read More: What is the CBOE Russell 2000® Volatility Index?

Insider Buying and Selling by Quarter for Beach Energy (ASX:BPT)

Receive News & Ratings for Beach Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Beach Energy and related companies with MarketBeat.com's FREE daily email newsletter.