WHC.AX - Whitehaven Coal Limited

ASX - ASX Delayed Price. Currency in AUD
3.2600
-0.0600 (-1.81%)
At close: 4:10PM AEST
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Previous Close3.3200
Open3.2800
Bid3.2700 x 0
Ask3.0000 x 0
Day's Range3.2600 - 3.3400
52 Week Range3.1450 - 5.7500
Volume5,172,069
Avg. Volume6,635,095
Market Cap3.284B
Beta (3Y Monthly)0.17
PE Ratio (TTM)6.22
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.28 (8.59%)
Ex-Dividend Date2019-09-05
1y Target EstN/A
  • Thomson Reuters StreetEvents

    Edited Transcript of WHC.AX earnings conference call or presentation 15-Aug-19 12:30am GMT

    Full Year 2019 Whitehaven Coal Ltd Earnings Call

  • Are Whitehaven Coal Limited’s (ASX:WHC) High Returns Really That Great?
    Simply Wall St.

    Are Whitehaven Coal Limited’s (ASX:WHC) High Returns Really That Great?

    Today we'll evaluate Whitehaven Coal Limited (ASX:WHC) to determine whether it could have potential as an investment...

  • Here's What Whitehaven Coal Limited's (ASX:WHC) P/E Ratio Is Telling Us
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    Here's What Whitehaven Coal Limited's (ASX:WHC) P/E Ratio Is Telling Us

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  • These 4 Measures Indicate That Whitehaven Coal (ASX:WHC) Is Using Debt Safely
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    These 4 Measures Indicate That Whitehaven Coal (ASX:WHC) Is Using Debt Safely

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  • Whitehaven Coal Limited (ASX:WHC) Has A ROE Of 16%
    Simply Wall St.

    Whitehaven Coal Limited (ASX:WHC) Has A ROE Of 16%

    Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...

  • Australian Thermal Coal Leaves Investors Cold
    Bloomberg

    Australian Thermal Coal Leaves Investors Cold

    (Bloomberg Opinion) -- When you’re in the business of buying and selling, timing is everything.That’s the costly lesson facing BHP Group, which is looking at options to divest its thermal coal assets according to a report Thursday by Thomas Biesheuvel of Bloomberg News that cited people familiar with the matter.Arch-rival Rio Tinto Group raised $2.7 billion selling mines in the Hunter Valley north of Sydney to Yancoal Australia Ltd., in a process that started in 2016. BHP could get far less: Macquarie Group Ltd. estimates $1.6 billion. That’s despite the fact that BHP’s Mount Arthur and Cerrejon mines, in the Hunter Valley and Colombia, post roughly the same Ebitda as as the ones Rio Tinto sold. BHP has had good reasons to keep operating these mines. They’ve produced several years of good earnings, for one. Mount Arthur has probably been even more profitable than it looks on paper, thanks to its ability to utilize tax losses that will now be running low.Still, it will be galling to sell at a discount when the long-term price for the high-energy coal mined in the Hunter Valley is now about a third higher than the $63 a metric ton level at the time Rio Tinto’s deal was announced.What’s changed? More or less everything.Back in 2016, coal was still the lowest-cost way of delivering new generation in most major markets. The slumping price of wind and solar generation since then has changed the game. Thermal coal will fall to 11% of U.S. generation by 2030 from the mid-20s at present, S&P Global Ratings wrote in a report Wednesday; outside of Spain and Germany, most European coal-fired plants will be retired by 2025.North Asian markets supplied by Mount Arthur look like an exception, with Japan, South Korea and China making up about 80% of Australia’s thermal coal exports. The first two countries are rare cases where falling renewables costs have failed to undercut the black stuff.Even there, though, the picture is dimming: Japan’s coal-fired capacity will go into to decline starting 2023, and actual demand should fall faster since its most recent plants use fuel more efficiently, according to a report this week by the Institute for Energy Economics and Financial Analysis, a research group opposed to fossil fuels. South Korea now has taxes on coal amounting to $60 a ton and imports will fall by half by 2040, according to the International Energy Agency.The group of potential buyers looks thin, too. Anglo American Plc, which has a one-third stake in Cerrejon alongside BHP and Glencore Plc, doesn’t seem in the mood for bulking up. The Japanese trading houses that have historically been major investors in Australia’s mining industry, meanwhile, have been quietly divesting strategic coal stakes for several years. What does that leave? Glencore, despite a promise in February to cap coal output, shouldn't be ignored. In that announcement, the commodities trader noted it may still buy out some minority stakes, which seems to anticipate a deal on Cerrejon. Glencore could also, in theory, get rid of its South African operations and replace them with Mount Arthur, keeping total output within limits and swapping in a more profitable mine. That would depend on finding a buyer for those South African mines, though, and there’s enough turmoil in that country’s coal and energy sector as it is.China is another possible buyer for Mount Arthur. The pit is adjacent to Yancoal’s existing operations, suggesting possible synergies. Still, 2019 isn’t the best year to be doing this. Since February, the country has been holding up shipments of Australian coal for ill-defined reasons that have a whiff of geopolitics about them. Any Chinese business looking for government approval to buy an Australian coal mine will have to reckon with that.Beyond that, there’s even the possibility that smaller local miners will have a go. In the old days, the idea that a relative minnow like Whitehaven Coal Ltd. could absorb a pit the size of Mount Arthur would have seemed absurd, but at Macquarie’s estimate of a $600 million price tag it’s not impossible. Based on BHP’s latest results, a buyer could pay off that sum in 18 months or so and run the mine for cash, assuming rehabilitation costs weren’t too high. Still, how times have changed. Back when Rio Tinto was hawking its coal assets, the company could plausibly argue that it still saw a bright future for the stuff. Nowadays, BHP is warning that it could be “phased out, potentially sooner than expected,” even as it’s trying to tempt buyers. Those M&A bankers are going to have their work cut out to get a good price.To contact the author of this story: David Fickling at dfickling@bloomberg.netTo contact the editor responsible for this story: Matthew Brooker at mbrooker1@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.David Fickling is a Bloomberg Opinion columnist covering commodities, as well as industrial and consumer companies. He has been a reporter for Bloomberg News, Dow Jones, the Wall Street Journal, the Financial Times and the Guardian.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Thomson Reuters StreetEvents

    Edited Transcript of WHC.AX earnings conference call or presentation 14-Feb-19 11:30pm GMT

    Half Year 2019 Whitehaven Coal Ltd Earnings Call

  • Did Whitehaven Coal Limited (ASX:WHC) Insiders Sell Shares?
    Simply Wall St.

    Did Whitehaven Coal Limited (ASX:WHC) Insiders Sell Shares?

    We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are...

  • Should You Worry About Whitehaven Coal Limited's (ASX:WHC) CEO Pay Cheque?
    Simply Wall St.

    Should You Worry About Whitehaven Coal Limited's (ASX:WHC) CEO Pay Cheque?

    Paul Flynn has been the CEO of Whitehaven Coal Limited (ASX:WHC) since 2013. This analysis aims first to contrast CEO...

  • Reuters

    India taking more U.S. coking coal, pushing out Australia -Xcoal

    India is buying more U.S. coking coal after disruptions in top supplier Australia, and as U.S. miners seek new markets due to declining demand from America's steel industry, an executive at Xcoal Energy & Resources India said on Monday. Interruptions to Australian supply have worsened in the past few years, driving Indian steelmakers to seek new sources of coking coal, Durgesh Pathak, Xcoal marketing manager, said. "Also Australia is becoming more unpredictable in terms of cyclones," he said.

  • What Percentage Of Whitehaven Coal Limited (ASX:WHC) Shares Do Insiders Own?
    Simply Wall St.

    What Percentage Of Whitehaven Coal Limited (ASX:WHC) Shares Do Insiders Own?

    Every investor in Whitehaven Coal Limited (ASX:WHC) should be aware of the most powerful shareholder groups. Insiders...

  • Does Market Volatility Impact Whitehaven Coal Limited's (ASX:WHC) Share Price?
    Simply Wall St.

    Does Market Volatility Impact Whitehaven Coal Limited's (ASX:WHC) Share Price?

    If you're interested in Whitehaven Coal Limited (ASX:WHC), then you might want to consider its beta (a measure of...

  • The Whitehaven Coal (ASX:WHC) Share Price Has Soared 486%, Delighting Many Shareholders
    Simply Wall St.

    The Whitehaven Coal (ASX:WHC) Share Price Has Soared 486%, Delighting Many Shareholders

    We think that it's fair to say that the possibility of finding fantastic multi-year winners is what motivates many...

  • Reuters

    In a sunset industry, economics of Adani's Australian coal mine questioned

    MELBOURNE/SINGAPORE (Reuters) - A crash in Australian thermal coal prices is raising fresh questions about the viability of a controversial $4 billion (3 billion pounds) coal mine just a week ahead of a national election in which climate change is a key issue. Final approval of the Carmichael coal mine in Queensland, owned by India's Adani Enterprises, should come in "a matter of weeks, not months" following nearly a decade on the drawing board, the company's mining chief executive, Lucas Dow, told Reuters last month. Adani has said it is aiming to start producing 10 million tonnes a year of coal from March 2020, but analysts say the target date is optimistic.

  • Should Whitehaven Coal Limited (ASX:WHC) Be Your Next Stock Pick?
    Simply Wall St.

    Should Whitehaven Coal Limited (ASX:WHC) Be Your Next Stock Pick?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Building up an investment case requires looking at a stock holistically. Today I've chosen t...

  • An Intrinsic Calculation For Whitehaven Coal Limited (ASX:WHC) Suggests It's 23% Undervalued
    Simply Wall St.

    An Intrinsic Calculation For Whitehaven Coal Limited (ASX:WHC) Suggests It's 23% Undervalued

    Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Whitehaven Coal Limited (ASX:WHC) as an investment opportunity by taking the expected future cash flows and discounting them to today...

  • Here's What Whitehaven Coal Limited's (ASX:WHC) ROCE Can Tell Us
    Simply Wall St.

    Here's What Whitehaven Coal Limited's (ASX:WHC) ROCE Can Tell Us

    Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Today we'll look at Whitehaven Coal Limited (ASX:WHC) and reflect on its potential as an investment. In particular, we'll con...

  • Whitehaven Coal Limited (ASX:WHC): Earnings To Drop Next Year
    Simply Wall St.

    Whitehaven Coal Limited (ASX:WHC): Earnings To Drop Next Year

    On 31 December 2018, Whitehaven Coal Limited (ASX:WHC) announced its latest earnings update. Overall, analyst consensus outlook appear pessimistic, with profits predicted to drop by -6.1% next year compared withRead More...

  • Is Whitehaven Coal Limited (ASX:WHC) A Financially Strong Company?
    Simply Wall St.

    Is Whitehaven Coal Limited (ASX:WHC) A Financially Strong Company?

    Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! Small and large cap stocks are widely popular for aRead More...

  • Glencore Brings the End of Thermal Coal a Step Closer
    Bloomberg

    Glencore Brings the End of Thermal Coal a Step Closer

    It’s only a few months ago that the world’s biggest commodity trader was promoting coal as – don’t laugh – a viable part of global emissions-reduction plans. Now Glencore Plc, the largest supplier of thermal coal to the international market, is promising to cap production for the foreseeable future at around current levels of 145 million metric tons a year, David Stringer of Bloomberg News reported Wednesday. Anglo American Plc attempted to sell all its coal assets during its abortive restructuring in 2016, but gave up because no one was willing to buy them at a price it found acceptable.

  • Does Whitehaven Coal Limited’s (ASX:WHC) P/E Ratio Signal A Buying Opportunity?
    Simply Wall St.

    Does Whitehaven Coal Limited’s (ASX:WHC) P/E Ratio Signal A Buying Opportunity?

    The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). To keep it practical, we'll show how Whitehaven Coal Limited's (ASX:WHC) P/E Read More...

  • Reuters

    India's 2018 thermal coal imports grew at fastest pace in 4 yrs - sources

    India's 2018 thermal coal imports rose at the fastest pace in four years, according to two industry sources, despite moves by Prime Minister Narendra Modi's government to cut imports in a bid to reduce its trade deficit. Coal is among the top five commodities imported by India, one of the world's largest consumers of coal, and the rise in imports of the fuel after two consecutive years of decline adds to its trade deficit. Thermal coal imports jumped 19 percent to 171.85 million tonnes in 2018, marking the fastest pace of growth since 2014, according to data from American Fuels & Natural Resources, a Dubai-based trader of U.S.-origin coal.

  • Is Whitehaven Coal Limited’s (ASX:WHC) 15% Better Than Average?
    Simply Wall St.

    Is Whitehaven Coal Limited’s (ASX:WHC) 15% Better Than Average?

    One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return Read More...

  • Simply Wall St.

    Are Insiders Buying Whitehaven Coal Limited (ASX:WHC) Stock?

    We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The flip side of that is that there are more Read More...

  • Do Directors Own Whitehaven Coal Limited (ASX:WHC) Shares?
    Simply Wall St.

    Do Directors Own Whitehaven Coal Limited (ASX:WHC) Shares?

    Every investor in Whitehaven Coal Limited (ASX:WHC) should be aware of the most powerful shareholder groups. Large companies usually have institutions as shareholders, and we usually see insiders owning shares Read More...