Whitehaven Coal Lifts Output and Cuts Costs as Markets Improve

Whitehaven Coal Limited ( (AU:WHC) ) has issued an update.

Whitehaven Coal reported a robust second quarter of FY26, with managed run-of-mine (ROM) production rising 21% quarter-on-quarter to 11.0Mt and equity sales of produced coal up 18% to 7.0Mt, underpinned by strong operational performance in both Queensland and New South Wales. Improved safety outcomes, with a lower TRIFR of 2.9, and disciplined cost control saw unit production costs at the low end of guidance, delivering an estimated A$135/t for the first half and keeping the miner on track for A$60–80 million in annualised cost savings by June 2026. Strengthening metallurgical coal prices, steady thermal coal pricing and solid demand for its products supported average realised prices of A$225/t in Queensland and A$163/t in NSW, while net debt edged down to A$0.7 billion and liquidity stood at A$1.5 billion, providing a solid financial base for the remainder of FY26.

The most recent analyst rating on (AU:WHC) stock is a Buy with a A$10.00 price target. To see the full list of analyst forecasts on Whitehaven Coal Limited stock, see the AU:WHC Stock Forecast page.

More about Whitehaven Coal Limited

Whitehaven Coal Limited is an Australian coal producer operating in both Queensland and New South Wales, with a portfolio spanning metallurgical coal from its Daunia and Blackwater mines and thermal coal from assets including Narrabri. The company focuses on supplying export markets, with pricing linked to key global benchmarks such as the premium low-volatility hard coking coal (PLV HCC) index and the gC NEWC thermal coal index, positioning it as a significant participant in seaborne coal trade.

Average Trading Volume: 4,023,659

Technical Sentiment Signal: Buy

Current Market Cap: A$7.38B

For detailed information about WHC stock, go to TipRanks’ Stock Analysis page.