ab 12 August 2024 Global Research and Evidence Lab Beach Energy Limited FY24 result: FCF must support capital returns & growth Another frustrating reserve d/grade but FCF can support growth and divs Beach Energy's (BPT) FY24 NPAT beat consensus estimates by 7%; however the financial performance was overwhelmed by another material reserve downgrade. Reserves at the new Enterprise gas field in the VIC Otways saw an 11mmboe reserve revision (-27% to the implied VIC Otway reserve), following new flow data indic ...