Shares of Beach Energy Limited (OTCMKTS:BEPTF – Get Free Report) rose 5% on Thursday . The company traded as high as $0.63 and last traded at $0.63. 3,521 shares were traded during trading, an increase of 19% from the average session volume of 2,952 shares. The stock had previously closed at $0.60.
Beach Energy Trading Up 5.0%
The firm’s 50-day moving average price is $0.73 and its two-hundred day moving average price is $0.79.
Beach Energy Company Profile
Beach Energy Limited (OTCMKTS: BEPTF) is an Australian oil and gas exploration and production company headquartered in Adelaide, South Australia. The company focuses on the development of both onshore and offshore hydrocarbon assets and holds a diversified portfolio of exploration permits and producing fields across Australia and New Zealand. Its operations encompass conventional oil and gas, natural gas liquids and associated processing infrastructure.
Key producing regions include the Cooper Basin in South Australia, the Perth Basin in Western Australia, the Gippsland and Otway basins in Victoria, and the Surat Basin in Queensland.
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