BUY HOLD SELL - BPT
BPT was a Trading Idea from this morning so we thought we would outline in more detail why we like the stock.
Late last year, Beach highlighted to investors plans to build on its acquisition of Lattice Energy – which has already been graded positively by investors – and potentially double production within five years.
- CEO Matt Kay told investors that he and the board see a “very exciting period of growth” over the next five years as the company focuses on high-returning ventures on the east coast.
- The expansion is centred around Beach's core Cooper Basin fields as well as the several ventures acquired through the $1.585 billion takeover of Lattice.
- The company claims...Continue Reading