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Australia's Beach Energy rises on higher quarterly production

By Reuters News00:32 (UTC), 21 October 2026 Updated

** Shares of Beach Energy BPT.AX rise as much as 7.7% to A$0.9800, their highest since June 19

** Stock logs its largest intraday pct gain since March 2

** Oil and gas explorer posts Q1 FY27 production of 5.4 MMboe, up 9% sequentially

** Co also posts Q1 FY27 sales revenue of A$565 million, up 41% from the previous quarter

** YTD, stock down 20.6%

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