adminBeach Energy Limited (OTCPK:BEPTF) FY2025 Earnings Conference Call August 3, 2025 8:30 AM ET
Company Participants
Anne-Marie Barbaro – Chief Financial Officer
Brett Kenneth Woods – MD, CEO & Director
Conference Call Participants
Adam Martin – E&P, Research Division
Dale Johannes Koenders – Barrenjoey Markets Pty Limited, Research Division
Gordon Alexander Ramsay – RBC Capital Markets, Research Division
Henry Meyer – Goldman Sachs Group, Inc., Research Division
Nik Burns – Jarden Limited, Research Division
Robert Koh – Morgan Stanley, Research Division
Saul Kavonic – MST Financial Services Pty Limited, Research Division
Tom Allen – UBS Investment Bank, Research Division
Operator
Thank you for standing by, and welcome to the Beach Energy Limited FY ’25 Full Year Results Call. [Operator Instructions] I would now like to hand the conference over to Mr. Brett Woods, Managing Director and Chief Executive Officer. Please go ahead.
Brett Kenneth Woods
Good morning, everyone, and welcome to Beach Energy’s FY ’25 Full Year Results Presentation. Joining me today is Anne-Marie Barbaro, our Chief Financial Officer. Together, we will take you through our results for the year and our latest outlook for FY ’26 before we open up the lines for Q&A. We thought it was appropriate to bring forward our results given there’s a lot of news out in the quarterly last Thursday, including reserves revision and a noncash impairment, which we will discuss today. This year, Beach made significant progress against our strategic review objectives and its company vision of becoming Australia’s leading domestic energy company while delivering outstanding safety, environmental performance and strong financial results.
It was Beach’s operated assets, which drove our solid results. Those operations within our control and over which we apply our strict operating principles have transformed Beach’s foundation. We ended the year with a strengthened balance sheet and the financial flexibility to
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