What is boosting Whitehaven's (ASX:WHC) share price today?

2 min read | September 28, 2022 03:08 PM AEST | By Bhawna Gupta

What is boosting Whitehaven's (ASX:WHC) share price today? — Image source: © Kasienka | Megapixl.com

Why are Whitehaven shares trading in the green?

There was no new announcement made by the company as such which can impact its share price. The rise in price might be because of the strength in the overall energy index and sector as a whole.

A look Whitehaven's FY22 performance

Compared to the AU$204.5 million in the previous year, Whitehaven posted an EBITDA of AU$3.1 billion for the fiscal year that ended on 30 June 2022. Whitehaven recorded a net profit after tax (NPAT) of AU$2.0 billion.

Its operating cash flow rise to AU$2.6 billion from AU$169.5 billion in the previous year. The company’s board announced a fully franked final dividend of 40 cents per share on 16 September 2022.

Commenting on the current market conditions and Whitehaven’s FY22 results, Paul Flynn, CEO & MD, had said:

Data Source- Company announcement dated 25 August 2022

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.