Whitehaven Coal (ASX:WHC) has delivered a dominant December 2025 quarter performance, significantly outperforming market consensus and solidifying its position as a preferred pick for commodity analysts.
The company reported a managed run-of-mine production of 11 million tonnes, marking a sharp 21% increase over the September 2025 quarter.
The results were particularly strong in Queensland, where output jumped 20% to 5.6 million tonnes—comfortably beating analyst forecasts of 4.82 million tonnes—as the miner successfully leveraged operational efficiencies across its portfolio.
Morgans equity analyst Christopher Creech noted that the result highlights Whitehaven’s significant cash flow leverage.
"We maintain the position that coal prices can rebound meaningfully above consensus expectations," Creech stated, citing the dual tailwinds of robust long-term demand and a tightening global supply for both metallurgical and thermal coal.
Whitehaven's ability to exceed production targets in a high-demand environment continues to drive strong investor sentiment and structural resilience within its Queensland and New South Wales operations.
At the time of reporting, Whitehaven Coal’s share price was $9.38.