Whitehaven Coal Q1 FY27 Production Report
Key points
- Managed ROM production of 11.0Mt, up 3% QoQ
- Equity sales of 6.0Mt, down 5% QoQ
- Unit cost at low end of FY27 guidance range
- Net debt at ~A$1.4 billion
- Strong coal prices, improved market dynamics
Full summary
Whitehaven Coal Ltd. reported a strong start to FY27 with a total ROM production of 11.0Mt, up 3% from the June quarter. Equity sales of produced coal were 6.0Mt, down 5% from the June quarter due to export terminal disruptions. Unit costs were at the low end of the FY27 guidance range of $132-$147/t. The company achieved an average price of A$226/t, up 2% QoQ. Net debt stood at approximately A$1.4 billion as of September 30, 2026. Queensland operations saw ROM production of 5.5Mt, down 4% QoQ, while New South Wales operations delivered 5.5Mt, up 10% QoQ. Sales volumes and prices were impacted by disruptions at export terminals. Whitehaven expects to benefit from strong coal prices and market dynamics in the coming quarters.
Guidance
ROM production 11.0Mt, equity sales 6.0Mt, unit cost $132-$147/t, net debt ~A$1.4 billion
Outlook
Whitehaven is well positioned to benefit from strong coal prices and improving market fundamentals. The company expects to see an improvement in sales volumes and coal prices in the coming quarters.
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