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Whitehaven Coal Ltd (WHC.AX)

WHC.AX on Australia Stock Exchange

3.06AUD
21 Nov 2019
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Latest Key Developments (Source: Significant Developments)

Whitehaven Coal Ltd Says FY20 Guidance Remains Unchanged
Tuesday, 22 Oct 2019 

Oct 22 (Reuters) - Whitehaven Coal Ltd ::FY20 GUIDANCE REMAINS UNCHANGED.SEPTEMBER QUARTER SALEABLE COAL PRODUCTION OF 4.9MT, UP 23% ON PCP.SEPTEMBER QUARTER OF 4.4MT ROM COAL PRODUCTION , UP 22%.SEPTEMBER QUARTER COAL SALES OF 5.5MT, UP 14% ON PCP.DYNAMICS IN STEEL MARKET ARE BEING IMPACTED BY TRADE WAR BETWEEN CHINA AND US.OUTLOOK FOR METALLURGICAL COAL HAS EXPERIENCED SOME DETERIORATION IN LAST QUARTER WITH OPERATING MARGINS IN STEEL MARKET CONTRACTING.SIGNS ARE EMERGING OF A MODEST RECOVERY IN COAL IMPORT VOLUMES INTO CHINA.  Full Article

Whitehaven To Acquire 7.5% Interest In Narrabri Mine
Friday, 23 Aug 2019 

Aug 23 (Reuters) - Whitehaven Coal Ltd ::WHITEHAVEN TO ACQUIRE 7.5% INTEREST IN NARRABRI MINE.CONSIDERATION FOR ACQUISITION IS US$72 MILLION.FOLLOWING COMPLETION, WHITEHAVEN WILL OWN 77.5% OF MINE.ENTERED AGREEMENT TO ACQUIRE EDF TRADING AUSTRALIA PTY LTD, WHICH OWNS A 7.5% INTEREST IN WHITEHAVEN-OPERATED NARRABRI MINE.  Full Article

Whitehaven Coal Posts FY Net Profit After Tax Before Significant Items Of $564.9 Mln
Thursday, 15 Aug 2019 

Aug 15 (Reuters) - Whitehaven Coal Ltd ::REPORTED A RECORD NET PROFIT AFTER TAX BEFORE SIGNIFICANT ITEMS OF $564.9 MILLION FOR FY2019.FY SALES REVENUE OF $2,487.9 MILLION, UP 10%.PROPOSED TO PAY A DIVIDEND OF 30 CENTS PER SHARE TO SHAREHOLDERS.SEES FY20 ROM COAL PRODUCTION AT BETWEEN 22.0 – 23.5 MT.SEES FY20 COST OF COAL AT $70/T.SEES FY20 MANAGED COAL SALES BETWEEN 20.0 - 21.0 MT.WHITEHAVEN COAL- LONGER TERM OUTLOOK FOR METALLURGICAL COAL REMAINS HEALTHY, STEEL PRODUCTION HOLDING UP WELL IN INDIA, CHINA & JAPAN, AMONG OTHERS.  Full Article

Whitehaven Coal Posts Qtrly Saleable Coal Production Of 5.2 MT, Up 9%
Thursday, 11 Jul 2019 

July 11 (Reuters) - Whitehaven Coal Ltd ::JUNE QUARTER SALEABLE COAL PRODUCTION OF 5.2MT, UP 9% ON PCP.JUNE QUARTER COAL SALES (INCLUDING PURCHASED COAL) OF 5.3MT, UP 12% ON PCP.ROCGLEN MINE SCHEDULED TO MOVE TO REHABILITATION PROGRAMME IN FY2020.FY19 ROM COAL PRODUCTION 23.2MT.FY19 SALEABLE COAL PRODUCTION 19.8MT.  Full Article

Rio Tinto Completes Sale Of Winchester South For $200 Mln
Friday, 1 Jun 2018 

June 1 (Reuters) - Rio Tinto Ltd ::COMPLETES SALE OF WINCHESTER SOUTH FOR $200 MILLION.  Full Article

Whitehaven Coal HY ‍Net Profit After Tax Up 63 Percent ​
Friday, 16 Feb 2018 

Feb 16 (Reuters) - Whitehaven Coal Ltd ::HY ‍ NET PROFIT AFTER TAX ATTRIBUTABLE $257.2 MILLION, UP 63 PERCENT ​.‍INTERIM DIVIDEND OF 13.0 CENTS PER SHARE ​.HY REVENUE FROM ORDINARY ACTIVITIES $1.15 BILLION VERSUS $823.5 MILLION.FY2018 GUIDANCE FOR SALEABLE COAL PRODUCTION WAS REVISED TO THE RANGE OF 20.5MT TO 21.0MT.COSTS FOR THE YEAR ARE LIKELY TO INCREASE SLIGHTLY.  Full Article

UPDATE 2-Whitehaven Coal posts record profit, flags higher costs

* Rising costs may weigh on 2020 financials (Adds analyst comment, detail, updates prices)