Beach Energy Limited (OTCMKTS:BEPTF – Get Free Report) was the recipient of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 694,900 shares, a growth of 32.5% from the October 15th total of 524,600 shares. Based on an average daily volume of 11,500 shares, the days-to-cover ratio is currently 60.4 days.
Beach Energy Price Performance
Beach Energy stock remained flat at $0.80 during trading hours on Friday. Beach Energy has a 1 year low of $0.72 and a 1 year high of $1.24. The business’s fifty day moving average is $0.81 and its 200-day moving average is $0.93.
Beach Energy Announces Dividend
The business also recently declared a dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, August 30th were paid a $0.02 dividend. The ex-dividend date of this dividend was Thursday, August 29th. This represents a dividend yield of 1.59%. Beach Energy’s payout ratio is 38.51%.
Beach Energy Company Profile
Beach Energy Limited operates as an oil and gas exploration and production company. It engages in the operated and non-operated, onshore and offshore, and oil and gas production in five producing basins across Australia and New Zealand. The company also explores, develops, produces, and transports hydrocarbons; and sells gas and liquid hydrocarbons.
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