The S&P/ASX 200 Index (ASX: XJO) is bouncing back after yesterday's disastrous 2% tumble, and energy shares are in the lead.
The S&P/ASX 200 Energy Index (ASX: XEJ) is up 1.85% right now, beating the broader market's 0.47% gain.
And three ASX 200 energy shares are making the most of the sector's day in the green, leaping to their highest prices in years.
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3 ASX 200 energy shares rocketing to long-forgotten heights
Woodside Energy Group Ltd (ASX: WDS)
ASX 200 energy giant Woodside saw its shares surge to a high of $36.68 earlier today – the highest it's traded in more than three years.
The company also posted its earnings for the first half of 2022 this morning, in which it declared a whopper dividend. It's US$1.09 interim dividend is more than three times what it offered investors this time last year.
The company also reported a 417% increase in after-tax profits, coming in at US$4.16 billion.
Whitehaven Coal Ltd (ASX: WHC)
Speaking of earnings, it's still less than a week since Whitehaven Coal dropped its results for financial year 2022. The ASX 200 energy share leapt to $8.17 earlier today, marking a new all-time high.
Like its ASX 200 peer, the coal producer posted a huge jump in profits in its latest earnings, bringing in $1.9 billion after-tax in financial year 2022.
It's trading in the green today despite coal futures slipping 1% to US$422.75 a tonne overnight. Though, that's not far from the commodity's record high.
New Hope Corporation Limited (ASX: NHC)
The final ASX 200 energy share posting a multi-year high on Tuesday is coal giant New Hope. It surged to trade at $5.18 earlier today – the highest it's been since 2012.
The last time the market heard from the company was on last Monday when it dropped its latest quarterly earnings, detailing a 29% boost in production.
