** Shares of oil and gas explorer Beach Energy BPT.AX fall as much as 6.9% to A$1.340, their lowest since December 20
** BPT fell ~5% on Thursday after it narrowed FY production outlook and its HY underlying NPAT missed Citi's and Jarden's estimates
** Citi cuts price target to A$1.15 from A$1.30
** Brokerage trims FY25 earnings estimates by ~7% after assuming a higher decline at Western Flank ops and pushing out Waitsia project to commence LNG sales in June instead of April
** Stock top loser on ASX 200 benchmark index .AXJO
** Stock down ~3.2% YTD, including day's moves
(Reporting by Himanshi Akhand in Bengaluru)
((Himanshi.Akhand@thomsonreuters.com;))
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