Whitehaven Coal Ltd (ASX:WHC)
A$ 8.97 0.03 (0.34%) Market Cap: 7.50 Bil Enterprise Value: 6.05 Bil PE Ratio: 6.45 PB Ratio: 1.44 GF Score: 77/100

Full Year 2022 Whitehaven Coal Ltd Earnings Short Overview Video Transcript

Aug 25, 2022 / NTS GMT
Release Date Price: A$7.79 (-1.39%)
Paul J. Flynn
Whitehaven Coal Limited - MD, CEO & Director

Hello. I'm Paul Flynn, Managing Director and CEO of Whitehaven Coal. It's my pleasure to provide an overview of the very strong result delivered by our team in the 2022 financial year.

Let me start with some important market context. With a long-term shortfall investment in all fuels needed to supply base electricity through the energy transition, a preexisting gap in supply demand was observed by many industry commentators. With the effects of COVID-19, this gap has widened and being brought forward, especially in the high-quality, high-CV thermal coal market. This year, we saw the global energy supply shortfall become even more pronounced due to the conflict in Ukraine and associated sanctions against Russian coal, gas and oil.

Australia produces some of the highest quality seaborne coal in the world, and Whitehaven's thermal coal is the highest quality in Australia. One of the main competitors in the high-CV market is, in fact, Russian coal. So with the likelihood that Russian coal will be taken out of the markets of Europe

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot