Whitehaven Coal

Whitehaven Coal (WHC)

Stock Code

WHC

Stock Exchange

ax

Whitehaven Coal (WHC) is a group of companies involved in coal mining and coal exploration. WHC supplies metallurgical and high-grade thermal coal to international steel, power-generation and metallurgical companies. WHC is presently focused on the development and operation of coal projects in the Gunnedah Region of New South Wales in addition to seeking for other exploration opportunities. Whitehaven Coal listed on the Australian Stock Exchange (ASX) on June 1, 2007.

Whitehaven Coal $47m Loss 1H2013


Coal mining company Whitehaven Coal (ASX:WHC) have announced its half year financial results for 2013 to its shareholders and investors on the Australian stockmarket.

  • Whitehaven Coal have posted a $47 million loss for the first half of 2013.
  • WHC revenue fell 18 percent to $281 million.

Whitehaven Coal Issues a Profit Warning


Sydney based coal miner, (ASX:WHC) issued a profit warning on Thursday.

  • WHC 1H first half earnings (EBITDA: earnings before interest, tax, depreciation and amortization) could be below $10 million after weak coal markets and high Australian dollar takes its toll.

Whitehaven Approves $5.1b Merger Deal with Aston


Whitehaven Coal (WHC) has announced today its approval of the $2.3 billion deal to merge with another Australian coal miner Aston Resources (AZT) after confirming last week its merger talks. The merger is expected

Whitehaven and Aston Confirms Merger Talks


Whitehaven Coal (WHC) and Aston Resources (AZT) confirm that both the coal miners are in discussions for a possible $ 4.65 billion merger. A deal like such can bring a combined company to the first rank of Australian coal producers.

Whitehaven Stock Fell as it Fails to Find Buyers


Whitehaven Coal's (ASX:WHC) shares fell due to lack interest from buyers. The company has ended months of negotiations without striking a deal.

Managing director Tony Haggarty stated that the takeover deal is still up for grabs but he doesn't have high hopes for a good offer. "I don't expect that to happen," he said. "This has been a thorough process and I would expect that anybody who's seriously interested would have come forward."

Whitehaven Ends Bid Negotiations


Whitehaven Coal (ASX:WHC) has rejected all bid proposals from potential buyers after deciding that none of the offers were significantly appealing enough to pitch to its shareholders.

Sources have said that Whitehaven wanted bids that are at least $7.50 per share. This would peg the target at around $3.7 billion.

Whitehaven Shares Drop After Guidance Cut


Whitehaven Coal (ASX:WHC) has slashed its profit guidance after Japan deliveries were reduced. The March and June quarters saw deferred coal shipments to Japan from Newcastle because of damage from the earthquake and tsunami.

The company said, "The principal reason ... is the deferral of metallurgical coal shipments from Newcastle to Japan during the March and June quarters." Shares dropped 20 cents or 3 percent to $6.52, the lowest since March 24.

Whitehaven Coal Dividends

1 September, 2010 - 13:41

Study the dividend history for WHITEHAVEN COAL LIMITED. Dividends are a portion of company profits paid out to shareholders. You are eligible to receive WHC dividends if you own the WHITEHAVEN COAL LIMITED shares on the ex-dividend date. Traders and investors must purchase the stock before the exdividend date to be entitled to the dividend. The previous owner of the shares will receive the WHC dividend if you buy the stocks on or after the ex dividend date.

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