Beach Energy (BCHEY) Projected to Post Earnings on Thursday

Beach Energy (OTCMKTS:BCHEYGet Free Report) is expected to be announcing its earnings results before the market opens on Thursday, February 6th. Analysts expect the company to announce earnings of $1.10 per share and revenue of $592.40 million for the quarter.

Beach Energy Stock Performance

Shares of OTCMKTS:BCHEY opened at $15.95 on Thursday. The business has a fifty day moving average price of $15.95 and a two-hundred day moving average price of $17.33. Beach Energy has a 1 year low of $14.55 and a 1 year high of $23.01.

Analysts Set New Price Targets

Separately, Citigroup downgraded Beach Energy from a “strong-buy” rating to a “strong sell” rating in a research note on Wednesday, January 15th.

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Beach Energy Company Profile

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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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