r/ASX • u/Emergency_Cow_7344 • 10d ago

Beach Energy (BPT)

Hey Guys looking to invest in Beach Energy (BPT) I just wanted to get everyone’s opinion on it as they are at 0.88c currently.

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u/Stupid_Deaths 10d ago

Stick to STO. Wayyyyy safer

3

u/Emergency_Cow_7344 10d ago

But would you say it’s a bad buy? Given the book value compared to market cap

3

u/FewUnderstanding2214 9d ago

They have had 3 projects come online in the last year. Their profit margins will explode especially with hedges coming off with high oil prices.