Richard Richards Purchases 50,000 Shares of Beach Energy Ltd (BPT) Stock

Beach Energy Ltd (ASX:BPT) insider Richard Richards acquired 50,000 shares of the company’s stock in a transaction dated Wednesday, November 28th. The stock was purchased at an average cost of A$1.48 ($1.05) per share, with a total value of A$74,000.00 ($52,482.27).

Shares of ASX BPT opened at A$1.58 ($1.12) on Thursday. Beach Energy Ltd has a twelve month low of A$0.55 ($0.39) and a twelve month high of A$1.43 ($1.01). The company has a quick ratio of 1.21, a current ratio of 1.50 and a debt-to-equity ratio of 50.36.

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About Beach Energy

Beach Energy Limited operates as an oil and gas exploration and production company. The company has operated and non-operated, onshore and offshore, oil and gas production from five producing basins across Australia and New Zealand. It has interests in approximately 450 exploration and production tenements.

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