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White Energy Company Limited
(Sydney:WEC)
White Energy Company Limited (WEC) vs. iShares MSCI Australia ETF (EWA)
White Energy Company Limited Business Overview & Revenue Model
White Energy Company Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 82.00K | 82.00K | 89.00K | 106.00K | 90.00K | 24.00K |
| Gross Profit | 30.00K | 30.00K | 64.00K | -1.98M | 71.00K | -62.00K |
| EBITDA | -3.23M | -3.23M | -1.75M | -4.12M | -3.88M | -15.07M |
| Net Income | -23.92M | -23.92M | -6.23M | -6.21M | -5.80M | -17.91M |
Balance Sheet | ||||||
| Total Assets | 12.92M | 12.92M | 13.27M | 10.20M | 11.71M | 17.06M |
| Cash, Cash Equivalents and Short-Term Investments | 3.15M | 3.15M | 5.64M | 772.00K | 434.00K | 2.22M |
| Total Debt | 55.55M | 55.55M | 51.87M | 33.85M | 32.69M | 30.02M |
| Total Liabilities | 56.69M | 56.69M | 54.29M | 54.07M | 50.39M | 44.03M |
| Stockholders Equity | -1.69M | -1.69M | -2.51M | -4.97M | -3.34M | 3.10M |
Cash Flow | ||||||
| Free Cash Flow | -4.59M | -4.59M | -5.13M | -3.95M | -3.04M | -10.93M |
| Operating Cash Flow | -2.26M | -2.26M | -3.64M | -3.81M | -2.90M | -10.86M |
| Investing Cash Flow | -2.10M | -2.10M | -1.49M | -436.00K | 903.00K | 1.90M |
| Financing Cash Flow | 3.79M | 3.77M | 7.99M | 4.58M | 182.00K | 483.00K |
White Energy Company Limited Technical Analysis
White Energy Company Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
46 Neutral | AU$54.72M | -46.25 | -2.71% | ― | ― | 40.74% | |
43 Neutral | AU$13.76M | -0.92 | ― | ― | -8.48% | -2080.00% | |
41 Neutral | AU$15.45M | -0.31 | ― | ― | ― | -57.46% | |
38 Underperform | AU$768.61K | -33.33 | ― | ― | ― | 57.14% |
White Energy Company Limited Corporate Events
White Energy Company Limited has announced a change in the director’s interest, specifically regarding Brian Flannery’s holdings. Through a rights issue entitlement allotment, Flannery has acquired additional ordinary shares, increasing his indirect and direct holdings. This move could potentially strengthen his influence within the company and reflects a strategic decision to capitalize on the rights issue, which may impact the company’s market positioning and stakeholder confidence.
The most recent analyst rating on (AU:WEC) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on White Energy Company Limited stock, see the AU:WEC Stock Forecast page.
White Energy Company Limited has announced a change in the director’s interest in securities. Gregory Keith Whitehouse, a director of the company, has increased his indirect interest in the company by acquiring 370,370 ordinary shares through a rights issue entitlement allotment, bringing his total to 3,053,397 shares. This change in shareholding reflects a strategic move by the director to increase his stake in the company, which could indicate confidence in the company’s future prospects.
The most recent analyst rating on (AU:WEC) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on White Energy Company Limited stock, see the AU:WEC Stock Forecast page.
White Energy Company Limited has announced a change in the director’s interest in securities, involving Vince O’Rourke. As part of a rights issue entitlement allotment, O’Rourke acquired additional ordinary shares, increasing his direct and indirect holdings. This move reflects strategic financial adjustments within the company, potentially impacting its market positioning and shareholder value.
The most recent analyst rating on (AU:WEC) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on White Energy Company Limited stock, see the AU:WEC Stock Forecast page.
White Energy Company Limited has announced the quotation of 129,840,848 fully paid ordinary securities on the Australian Securities Exchange (ASX), effective December 17, 2025. This move is part of a previously announced transaction, potentially impacting the company’s market presence and providing additional capital for its operations, which could influence its strategic positioning in the clean energy sector.
The most recent analyst rating on (AU:WEC) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on White Energy Company Limited stock, see the AU:WEC Stock Forecast page.
White Energy Company Limited announced the successful completion of its 5 for 12 partially underwritten non-renounceable pro rata entitlement offer, raising approximately $3.5 million before costs. The offer, which closed on December 10, 2025, saw a total of 124,496,551 shares accepted, with the shortfall covered by the underwriter, Morgans Corporate Limited. The new shares are expected to commence trading on December 18, 2025. This capital raising effort is anticipated to bolster White Energy’s financial position and support its ongoing operations and strategic initiatives in the clean energy sector.
The most recent analyst rating on (AU:WEC) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on White Energy Company Limited stock, see the AU:WEC Stock Forecast page.
White Energy Company Limited announced the completion of its drilling program at the Specimen Hill Project, with results expected to be released in the first quarter of 2026. This development marks a significant step in the company’s exploration efforts, potentially impacting its market positioning and offering insights into future operational directions.
The most recent analyst rating on (AU:WEC) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on White Energy Company Limited stock, see the AU:WEC Stock Forecast page.
White Energy Company Limited announced an investor webinar to provide updates on its exploration and corporate activities, particularly focusing on its ongoing core-drilling campaign at the Specimen Hill copper-gold project in Central Queensland. The webinar will cover the company’s current Entitlement Offer and provide insights into its exploration portfolio across Queensland, Northern Territory, and South Australia, potentially impacting its market positioning and stakeholder interests.
The most recent analyst rating on (AU:WEC) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on White Energy Company Limited stock, see the AU:WEC Stock Forecast page.
White Energy Company Limited has announced an unsecured loan agreement with one of its directors, who is also a substantial shareholder, to provide up to $250,000 for general working capital needs. This financial arrangement is intended to support the company until the completion of its upcoming capital raising initiative. The loan, provided by Managing Director Brian Flannery’s private company Ilwella Pty Ltd, includes terms such as a 0.8% monthly interest rate and a repayment period of up to one year. This move is expected to provide White Energy with the necessary liquidity to maintain its operations and strategic initiatives, potentially strengthening its position in the energy market.
The most recent analyst rating on (AU:WEC) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on White Energy Company Limited stock, see the AU:WEC Stock Forecast page.
White Energy Company Limited announced the successful outcomes of its Annual General Meeting, where all resolutions were passed, including the adoption of the Remuneration Report with over 75% approval. This positive outcome reflects shareholder confidence and may bolster the company’s strategic initiatives and market position.
The most recent analyst rating on (AU:WEC) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on White Energy Company Limited stock, see the AU:WEC Stock Forecast page.
White Energy Company Limited held its 2025 Annual General Meeting, where CEO Greg Sheahan presented key corporate updates. The company’s market capitalization as of November 2025 stands at A$9.3 million, with a share price range over the past year between $0.028 and $0.06. The presentation highlighted the company’s financial position and shareholder structure, with directors holding 44.8% and the top 20 shareholders holding 51.2% of shares. This information underscores White Energy’s strategic focus on maintaining a robust financial footing and shareholder engagement.
The most recent analyst rating on (AU:WEC) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on White Energy Company Limited stock, see the AU:WEC Stock Forecast page.
White Energy Company Limited’s recent AGM highlighted ongoing activities, including their joint venture in South Africa for coal briquetting and mineral exploration in Australia. The company announced a capital raise of approximately $3.5 million, partially underwritten by Morgans Corporate Limited, to support its operations and exploration efforts.
The most recent analyst rating on (AU:WEC) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on White Energy Company Limited stock, see the AU:WEC Stock Forecast page.
White Energy Company Limited has initiated a 5 for 12 partially underwritten, non-renounceable pro rata entitlement offer, which opened on November 26, 2025, and will close on December 10, 2025. This move is aimed at raising capital from eligible shareholders in Australia and New Zealand, potentially impacting the company’s financial standing and market positioning by enhancing its liquidity and operational capabilities.
The most recent analyst rating on (AU:WEC) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on White Energy Company Limited stock, see the AU:WEC Stock Forecast page.
White Energy Company Limited has announced a partially underwritten, non-renounceable pro rata entitlement offer, allowing eligible shareholders to participate in a 5 for 12 offer. This strategic move aims to strengthen the company’s financial position and support its ongoing operations, potentially enhancing its market presence and providing value to its stakeholders.
White Energy Company Limited has announced a pro rata partially underwritten, non-renounceable entitlement offer to raise approximately $3.5 million. The funds will be used to advance mineral exploration projects in Queensland, South Australia, and the Northern Territory, as well as for general corporate purposes and working capital. This move is expected to bolster the company’s exploration capabilities and strengthen its position in the mineral exploration industry.
White Energy Company Limited has announced a partially underwritten, non-renounceable pro rata entitlement offer to existing shareholders in Australia and New Zealand. The offer, managed by Morgans Corporate Limited, allows eligible shareholders to subscribe for additional shares beyond their entitlement. The company expects no material impact on its control structure, as major shareholders have committed to taking up their full entitlements, and any shortfall will be managed by the lead manager.
White Energy Company Limited has announced a pro rata non-renounceable entitlement offer of new fully paid ordinary shares, managed and partially underwritten by Morgans Corporate Limited. This move is part of their strategic efforts to bolster financial resources, potentially enhancing their operational capabilities and market positioning in the copper mining sector.
White Energy Company Limited has announced a partially underwritten, non-renounceable pro rata entitlement offer to raise approximately $3.5 million. This capital will support further mineral exploration and provide additional working capital. The offer is backed by substantial shareholders and is partially underwritten by Morgans Corporate Limited. The funds will be used for exploration activities across several projects in Australia, as well as for general corporate purposes and to cover the costs of the offer.
White Energy Company Limited has commenced a core drilling program at the Specimen Hill Project in Queensland, following ministerial approval for the transfer of farm-in tenements. The company continues its analysis of ionic sampling programs at the Tindal project and is working with its joint venture partner, Proterra, to promote Binderless Coal Briquetting technology in South Africa. These activities highlight White Energy’s strategic focus on mineral exploration and innovative coal technology, which are crucial for its growth and positioning in the energy sector.
White Energy Company Limited has initiated a core-drilling program at its Specimen Hill Project in Central Queensland, targeting copper and gold deposits. The program aims to increase geological understanding and verify previous drilling results, with plans to expand upon completion and access approvals, potentially impacting the company’s exploration capabilities and stakeholder interests.
White Energy Company Limited’s annual report highlights its dual focus on coal technology and mining exploration. The company is advancing its coal beneficiation and briquetting processes, while also expanding its exploration activities across key regions in Australia, potentially enhancing its market position and offering new opportunities for stakeholders.