What did Stanmore Resources report?

• Run of Mine (ROM) coal mined increased to 5.3 million tonnes in the quarter
• Saleable coal production lifted to 3.4 million tonnes, with South Walker Creek setting new records
• Average sales price climbed to US$163 per tonne, up 6% quarter-on-quarter
• Total cash rose to US$231 million; net debt reduced by US$53 million over the quarter to US$19 million
• Fully franked interim dividend of 2.2 US cents per share declared
• Agreement to acquire Moranbah South tenements for US$105 million, adding significant coal resources

What else do investors need to know?

Stanmore's safety performance remained strong, with no serious accidents recorded for the quarter and the Serious Accident Frequency Rate staying well below the industry average. The company's balance sheet was further strengthened by a successful refund of US$26 million in stamp duty from the Eagle Downs acquisition.

On the growth side, Stanmore's acquisition of the Moranbah South tenements will add 724 million tonnes of measured and indicated coal resources adjacent to key operations, supporting long-term production. Completion of this deal is expected in the fourth quarter of 2026.

What did Stanmore Resources management say?

Chief Executive Officer & Executive Director Marcelo Matos said:

Stanmore delivered another strong operational performance in the third quarter, with South Walker Creek achieving new quarterly records for both ROM and saleable production following our deliberate prioritisation of stripping and pit preparation earlier in the year. Most importantly, these outcomes were achieved with no serious accidents during the quarter… With a strong third quarter now delivered, improved year-to-date cash generation, supportive market conditions and robust liquidity, we are pleased to report that the Board has resolved to declare a fully franked interim dividend of 2.2 US cents per share.

What's next for Stanmore Resources?

Stanmore expects to end the year with production at the top end of its full-year guidance. The company is finalising the Moranbah South acquisition, which is set to expand its resource base near existing mines and support future growth opportunities.

Management remains focused on disciplined capital allocation, safety, and operational efficiency, aiming to deliver value for shareholders. With robust cash flow and strong liquidity, the company is well positioned to navigate market conditions and fund major commitments.

Stanmore Resources share price snapshot

Over the past 12 months, Stanmore Resources shares have risen 28%, outperforming the S&P/ASX 200 Index (ASX: XJO), which has fallen 3% over the same period.

View Original Announcement

The post Stanmore Resources Q3 2026 earnings: record coal production and new dividend appeared first on The Motley Fool Australia.

What did Stanmore Resources report?

• Stanmore agreed to acquire all of Moranbah South from Exxaro for US$105 million.
• The Moranbah South tenements contain 724 million tonnes of measured and indicated coal resources.
• The deal is conditional on Exxaro acquiring Anglo American's 50% joint venture stake, giving Exxaro full ownership ahead of sale to Stanmore.
• The acquisition removes up to US$60 million in deferred and contingent payments for Stanmore's Isaac Downs Extension project.
• Stanmore will fund the acquisition from existing cash and liquidity, so no shareholder approval is required.

What else do investors need to know?

The Moranbah South tenements are strategically located next to Stanmore's existing Eagle Downs and Isaac Plains Complex mines in Queensland's Bowen Basin. The resources are considered to be high-quality, premium hard coking coal and may benefit from shared infrastructure if Eagle Downs is developed.

This transaction is expected to add significant value across Stanmore's portfolio by increasing resource scale and potentially lowering development costs. The deal also cancels significant future payment obligations tied to earlier agreements on the Isaac Downs Extension, making the economics more attractive.

Completion is expected before the end of 2026, subject to Exxaro acquiring full ownership and meeting regulatory approvals including the Foreign Investment Review Board and ACCC. An independent resource report is planned after the deal closes.

What did Stanmore Resources management say?

Chief Executive Officer & Executive Director Marcelo Matos said:

The acquisition of the Moranbah South tenements will represent a significant milestone for Stanmore's development portfolio, increasing our resource base and strengthening the platform to deliver on our future growth aspirations. The tenements are strategically complementary to Stanmore's neighbouring projects, particularly Eagle Downs and the Isaac Downs Extension.

What's next for Stanmore Resources?

Stanmore has signalled its intent to commission an independent report on the newly acquired resources, aiming to update shareholders and the market once new technical and feasibility studies are complete. If the acquisition closes as planned, Moranbah South could provide long-term synergies to future mining operations and development options.

The company remains focused on strategic growth from its expanded portfolio and delivering increased value for investors as integration and further exploration proceeds.

Stanmore Resources share price snapshot

Over the past 12 months, Stanmore Resources shares have risen 64%, outperforming the S&P/ASX 200 Index (ASX: XJO), which has risen 3% over the same period.

View Original Announcement

The post Stanmore Resources to acquire Moranbah South, boosting coal resources appeared first on The Motley Fool Australia.

What did Stanmore Resources report?

• Coal sales revenue rose 13% to US$978 million (1H FY25: US$867 million)
• Underlying EBITDA increased to US$174 million, US$27 million higher than last year
• Net loss after tax of US$44 million, narrowing from a US$51 million loss
• Positive cash flow from operations of US$176 million (up from US$151 million)
• No interim dividend for 1H FY26
• Net debt reduced to US$72 million, supported by ongoing free cash flow

What else do investors need to know?

Stanmore Resources delivered consistent production in the first half despite record rainfall in January, thanks to strong operational performance at South Walker Creek and Poitrel. The business maintained its safety record, with a serious accident frequency rate of 0.51.

After the half-year, Stanmore successfully refinanced its corporate debt, lifting the facility to US$250 million and removing scheduled term repayments. This strategic move lowers funding costs and gives the company flexibility to invest in growth projects like the Isaac Downs Extension, which reached the Environmental Impact Statement milestone in June.

What did Stanmore Resources management say?

Chief Executive Officer & Executive Director Marcelo Matos said:

Our operations delivered a safe and resilient first-half performance. Production was consistent with the prior corresponding period, despite a lower planned full-year production profile. With routine maintenance and an investment in stripping South Walker Creek complete, strong results from Poitrel, Isaac Plains Complex performing to plan, and overall healthy closing inventories, the business is well positioned to deliver on its reaffirmed full year Guidance. Free cash flow remained positive over the period, underpinned by increased earnings compared to the prior year from improved market conditions… The refinancing completed after the half-year end has reset our capital structure by lowering funding costs and removing scheduled term debt repayments. This provides greater capital allocation flexibility following a period of elevated reinvestment in the business, and positions Stanmore to advance its high-quality development portfolio.

What's next for Stanmore Resources?

Stanmore has reaffirmed its full-year 2026 guidance, expecting production to be weighted toward the second half. The ramp-up at South Walker Creek and strong inventories are set to support production at the upper end of guidance. Capital expenditure remains on track, with the company's strategic focus now turning to advancing its development pipeline and maximising value from recent investments, including the Isaac Downs Extension.

While no interim dividend was declared this half, Stanmore's stronger balance sheet and ongoing free cash flow position it well to deliver on growth plans and maintain flexibility in capital allocation.

Stanmore Resources share price snapshot

Over the past 12 months, Stanmore Resources shares have risen 30%, outperforming the All Ordinaries Index (ASX: XAO), which is flat over the same period.

View Original Announcement

The post Stanmore Resources posts higher revenue and steady production in 1H FY26 appeared first on The Motley Fool Australia.

Here's what's happening.

DroneShield Ltd (ASX: DRO) shares sink amid high expectations

DroneShield shares are having a week to forget.

At the time of writing, shares in the drone defence company are trading hands for $1.74, down 14.9% since last Friday's close.

The ASX 200 stock closed down 13.2% on Tuesday following a trading update.

Investor expectations were clearly high, with DroneShield shares still trading on a material premium compared to most of its defence stock peers.

This saw the stock get walloped despite reporting expectations of a 74% year-on-year increase in first half-year (H1 2026) revenue to $125.8 million. And the company forecast that full-year revenue will be in the range of $250 million to $270 million, up 15% to 25% from 2025.

Liontown Resources Ltd (ASX: LTR) shares sink on rising costs

Liontown shares also took a big hit this week on the heels of the company's June quarter update.

At the time of writing, shares in the Aussie lithium producer are trading for 98 cents apiece. That sees this ASX 200 stock down 17.5% over the week.

Investors have been favouring their sell buttons, despite Liontown meeting all of its FY 2026 production and cost guidance figures. And June quarter sales revenue of $235 million was up 19.3% from the prior quarter.

The ASX lithium stock also boosted its cash at bank balance by 260% over the last year to $561 million as at 30 June.

Potentially giving investors the jitters, Liontown reported an all-in sustaining cost (AISC) of $1,314 per dry metric tonne (dmt) sold, up 5% quarter on quarter.

Which brings us to…

Stanmore Resources Ltd (ASX: SMR) shares tumble on update

The third ASX 200 stock tumbling in this week's rising market is Stanmore Resources.

At time of writing, shares in the ASX coal miner are trading for $2.42 each, putting the Stanmore share price down 15.3% since last Friday's close.

The stock came under heavy selling pressure on Tuesday and Wednesday following the miner's quarterly operational update.

Like DroneShield and Liontown, the sell-down came despite a relatively solid performance.

Over the three months, Stanmore reported ROM coal production of 5.1 million tonnes, up 27% quarter on quarter. And saleable production of 3.3 million tonnes was up 3%.

However, investors may have been hoping for an upgrade in Stanmore's full-year 2026 production or earnings guidance, which remained unchanged.

The post Why these 3 ASX 200 stocks are crashing in this week's surging market appeared first on The Motley Fool Australia.

What did Stanmore Resources report?

• ROM coal mined rose to 5.1 million tonnes, up 27% quarter-on-quarter
• Saleable production reached 3.3 million tonnes, up 3% from the prior quarter and 6.5 million tonnes year-to-date
• Total cash at 30 June 2026 was US$138 million, net debt stood at US$72 million, and total liquidity was US$408 million
• Average sales price increased to US$154 per tonne, compared to US$152 in the March quarter
• No serious accidents were reported for the quarter, with a 12-month accident frequency rate of 0.51
• Senior corporate debt facilities have been refinanced, lowering funding costs by 1% and transitioning to a bullet repayment structure

What else do investors need to know?

Stanmore accelerated pit preparation at South Walker Creek, aiming for a strong second half with increased flexibility in operations. ROM coal stockpiles jumped 67% to 1.2 million tonnes, helping to de-risk delivery against production targets for the remainder of 2026.

The company submitted the Environmental Impact Statement for its Isaac Downs Extension project in June—a key step on the approvals pathway. In addition, Stanmore is ramping up development studies for Eagle Downs, targeting completion in early 2027.

What did Stanmore Resources management say?

Chief Executive Officer & Executive Director Marcelo Matos said:

Stanmore delivered a strong operational performance in the second quarter, with ROM production up 27% as we recovered from the considerable first-quarter wet weather impacts… Importantly, these outcomes were achieved with no serious accidents during the quarter and a safety performance that remains well ahead of the industry average. The successful [debt] refinancing was oversubscribed, reflecting confidence from both existing and new lenders in our asset base and management's track record.

What's next for Stanmore Resources?

Stanmore reaffirmed its 2026 full-year saleable production guidance and expects to provide further updates with its half-year results in late August. The recent debt refinancing lowers annual principal repayments and funding costs, supporting near-term cash flows and capital allocation flexibility.

Operationally, the company is positioned for further gains in the second half, with strategic mining and preparation paving the way for higher output. Ongoing project approvals and development studies could offer further upside if milestones are met.

Stanmore Resources share price snapshot

Over the past 12 months, Stanmore Resources shares have risen 24%, outperforming the All Ordinaries Index (ASX: XAO), which is flat over the same period.

View Original Announcement

The post Stanmore Resources posts production recovery and secures debt refinancing in quarterly report appeared first on The Motley Fool Australia.

Investors are pessimistic, with no end to the Iran war and global fuel crisis in sight.

Meanwhile, some ASX shares have attracted upgraded ratings from the experts this week.

Let's take a look.

Beach Energy Ltd (ASX: BPT)

The Beach Energy share price is $1.19, up 1.3% today.

Over the past month, this ASX energy share has fallen 9%.

Canaccord Genuity upgraded Beach Energy shares to a buy rating yesterday.

The broker upped its 12-month price target from $1.35 to $1.43.

This implies 21% potential capital growth ahead.

Judo Capital Holdings Ltd (ASX: JDO)

The Judo share price is steady at $1.43 on Thursday.

Over the past month, this ASX bank share has risen 5.7%.

Morgans upgraded Judo shares from accumulate to buy with a $2.09 target this week.

This price target suggests 46% capital growth over the next year.

The upgraded rating following Judo's 3Q FY26 trading update.

Judo reaffirmed its FY26 earnings guidance, albeit at the bottom of the range.

Morgans commented:

We view JDO's recent share price weakness as a buying opportunity for a stock with high growth potential, increasing the margin of safety for the investment.

Upgrade from ACCUMULATE to BUY. Potential TSR at current prices is c.49%.

Amcor CDI (ASX: AMC)

The Amcor share price is $53.26, down 1.8% today.

Over the past month, this ASX materials share has fallen 5.4%.

Ord Minnett upgraded Amcor shares from accumulate to buy yesterday.

However, the broker shaved its 12-month price target from $70 to $66.

This still implies a potential near-25% upside ahead.

In a note, the broker said:

We raise our recommendation to Buy from Accumulate on valuation grounds, however, viewing current share price levels as fully discounting the earnings and cash flow risks facing the company.

Stanmore Resources Ltd (ASX: SMR)

The Stanmore Resources share price is $2.27, up 0.4% today.

Over the past month, this ASX coal share has fallen 17%.

Morgans upgraded Stanmore Resources shares to a buy rating this week.

However, the broker lowered its 12-month price target from $2.95 to $2.80.

This still implies a healthy potential 23% upside ahead.

A soft opening to FY26 saw two of three headline metrics narrowly miss consensus, though without material impact.

FY26 production guidance is unchanged and the year remains back-end weighted.

FOB cash cost guidance increased to US$98-103/t from US$93-97/t due to inflationary pressures on fuel costs.

Following recent share price weakness, we upgrade our recommendation to BUY (previously HOLD).

JB Hi-Fi Ltd (ASX: JBH)

The JB Hi-Fi share price is $77.38, down 0.1% today.

Over the past month, this ASX retail share has lifted 6.9%.

Morgans upgraded JB Hi-Fi shares to a buy rating this week.

The broker cut its share price target from $87 to $83.50, implying a potential 8% upside ahead.

The post 5 ASX shares scoring upgraded ratings this week appeared first on The Motley Fool Australia.

Two of the most recent shares to receive updated guidance from the broker are Stanmore Resources Ltd (ASX: SMR) and Suncorp Group Ltd (ASX: SUN). 

Let's find out how Morgans views Stanmore and Suncorp shares today. 

Stanmore Resources

This ASX 200 company is an Australian coal producer with operations and exploration projects in the Bowen and Surat Basins in central and southern Queensland.

Its stock price has fallen 6% so far in 2026. 

Yesterday, it released its Q1 2026 Quarterly Activities Report.

As Laura Stewart reported yesterday, it reported saleable coal production steady at 3.2 million tonnes and closing cash of US$166 million, giving the miner a strong foundation for the year.

Morgans said two of three headline metrics narrowly miss consensus, though without material impact. 

As a result, FY26 production guidance is unchanged, and the year remains back-end weighted. 

FOB cash cost guidance increased to US$98-103/t from US$93-97/t due to inflationary pressures on fuel costs. Our forecast FOB costs have been increased to ~US$99/t to reflect this guidance update. We have made material changes to forecasts that reduces our DCF valuation to A$2.80ps (previously A$2.95ps). Following recent share price weakness, we upgrade our recommendation to BUY (previously HOLD).

Today, Stanmore Resources shares are trading at approximately $2.25 each. 

From this price, the updated target from Morgans indicates an upside potential of 24%. 

Suncorp

In a fresh note out of Morgans, the broker has increased its price target on Suncorp shares. 

The broker said the company has provided an update on its aggregate reinsurance cover and its FY26 outlook.

Overall, in our view, SUN securing an aggregate reinsurance cover will reduce future earnings volatility, whilst 2H26 claims are tracking below our expectations. We raise our SUN FY26F/FY27F EPS estimates by +3% and +1% respectively, reflecting lower-than-expected current year hazard claims relative to our prior forecasts, a mark-to-market and a modest adjustment to our forward UITR assumptions.

As a result, Morgans' price target has increased to $17.79 (previously $17), driven by these earnings revisions. 

We believe SUN's management has executed well in recent years, successfully steering the company's strategy as a pure play general insurer. However, with the upside to our price target now more limited, we move to a HOLD recommendation.

At the time of writing, Suncorp shares are trading for $16.95. 

From this level, the revised price target from Morgans indicates just 5% upside for Suncorp shares. 

The post What is Morgans saying about Stanmore Resources and Suncorp shares after results? appeared first on The Motley Fool Australia.

Stanmore Resource shares closed yesterday trading for $2.24. In early morning trade on Wednesday, shares are changing hands for $2.27 apiece, up 1.3%.

For some context, the ASX 300 is down 0.4% at this same time.

This follows the release of Stanmore's March quarter update (Q3 FY 2026).

Here's what we know.

ASX 300 coal stock lifts on production recovery

Stanmore Resources shares are marching higher today despite the ASX 300 coal stock reporting a 33.3% quarter on quarter decline in run of mine (ROM) coal mined to 4.0 million tonnes.

Like many Aussie miners, Stanmore's production was impacted by inclement weather conditions during the first months of the quarter. But investors will have noted that production picked back up in March amid record coal mined at Stanmore's South Walker creek.

Stanmore reported saleable production of 3.2 million tonnes of coal, down 17.9% from Q2 FY 2023.

Total coal sales of 3.0 million tonnes were down 25%. And the ASX 300 coal stock received lower overall prices over the March quarter, pressured by a higher proportion of thermal coal in its sales mix.

Thermal coal, broadly used for power generation, sells for less than coking coal, which is mostly used for steel production.

Turning to the balance sheet, as at 31 March, Stanmore Resources reported consolidated cash of US$166 million, with net debt of US$79 million and total liquidity of US$436 million.

The miner reaffirmed its full-year FY 2026 saleable production guidance to be in the range of 12.8 million tonnes to 13.4 million tonnes of coal. Capital expenditure guidance was also maintained in the range of US$85 million to US$95 million.

What did Stanmore Resources management say?

Commenting on the results helping lift the ASX 300 coal stock today, Stanmore Resources CEO Marcelo Matos said, "The first quarter of 2026 reinforced the resilience of our business, with operations recovering strongly in the latter part of the period to deliver saleable production within the expected annual run rate of guidance."

Matos continued:

This followed the arrival of ex-Tropical Cyclone Koji in early January, which caused widespread disruption across open-cut producers in Queensland. Strong opening inventories helped buffer the impact for Stanmore, supported by a proactive operational response to prioritise coal availability and record volumes at South Walker Creek in March.

As for the impact of the Middle East conflict, Matos noted:

Metallurgical coal prices improved quarter-on-quarter amid the weather-related supply constraints, although gains were moderated by ongoing macroeconomic uncertainty associated with the conflict in the Middle East.

The resulting impact on fuel markets has become increasingly evident in recent weeks, with industry participants managing both supply and price risk.

The post ASX 300 coal stock lifting off today on production rebound appeared first on The Motley Fool Australia.

What did Stanmore Resources report?

• Saleable coal production: 3.2 million tonnes, broadly steady year-on-year
• Sales volumes: 3.0 million tonnes, including a higher share of thermal coal
• Closing cash: US$166 million and total liquidity of US$436 million
• Net debt: US$79 million after paying an US$80 million full-year dividend in March
• Average sales price: US$152 per tonne for the quarter, up from US$136/t in December
• Safety: Serious Accident Frequency Rate of 0.50, well below the industry average of 0.80

What else do investors need to know?

Operations bounced back in March after wet weather and ex-Tropical Cyclone Koji caused delays in early 2026. Strong opening inventories and a proactive approach helped Stanmore keep coal deliveries within annual guidance. South Walker Creek posted record production for March, and performance at Poitrel was underpinned by consistent processing and fleet upgrades.

Looking ahead, the Isaac Downs Extension approvals are progressing on track, with an Environmental Impact Statement due in the June quarter. The company also completed a key tailings project at Poitrel to cut costs, and infill drilling at several sites has kicked off for 2026.

What did Stanmore Resources management say?

Chief Executive Officer & Executive Director Marcelo Matos said:

The first quarter of 2026 reinforced the resilience of our business, with operations recovering strongly in the latter part of the period to deliver saleable production within the expected annual run rate of Guidance. This followed the arrival of ex-Tropical Cyclone Koji in early January, which caused widespread disruption across open-cut producers in Queensland. Strong opening inventories helped buffer the impact for Stanmore, supported by a proactive operational response to prioritise coal availability and record volumes at South Walker Creek in March.

What's next for Stanmore Resources?

Full-year saleable production guidance is unchanged at 12.8–13.4 million tonnes, though cost guidance has been revised higher due to fuel price swings from global events. Stanmore has moved swiftly to secure fuel supplies and manage price risk, flagging that cost increases are driven mostly by external macroeconomic impacts.

Development continues on several projects in the Bowen Basin, with a steady pipeline of exploration, approvals, and infrastructure upgrades supporting Stanmore's longer-term strategy. The company says its balance sheet and strong cash generation leave it well placed for ongoing volatility.

Stanmore Resources share price snapshot

Over the past 12 months, Stanmore Resources shares have risen 17%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 8% over the same period.

View Original Announcement

The post Stanmore Resources: Coal output recovers in March quarter appeared first on The Motley Fool Australia.

At the time of writing, the Stanmore share price is down 8.80% to $2.28. That leaves the stock roughly 14% lower over the past week.

The pullback follows a strong period earlier this year, when higher coal prices and supportive sentiment helped drive the shares higher.

Here's what is behind the move.

Ceasefire cools energy trade

The selling has been driven by a shift outside the company itself.

A ceasefire between the United States and Iran has reduced concerns about supply disruptions across global energy markets.

That change has seen money move out of energy stocks, including coal producers, as some of the recent risk premium fades.

Oil prices have already started to ease after trading near recent highs, pointing to a broader reset in the sector.

Coal prices have held up better, but listed producers are still getting caught in the same move.

Coal prices remain elevated over the year

Despite the recent pullback in the share price, the underlying commodity backdrop still looks relatively firm over a longer period.

According to Trading Economics, coking coal is still trading around US$226 per tonne in mid-April. That leaves prices modestly higher over the past month and up close to 19% over the past year.

Demand from steelmakers has also remained steady, particularly across Asia, where metallurgical coal is still widely used.

But it's the gap that stands out. Prices have held up, yet sentiment has shifted quickly, and that is driving the recent volatility in coal stocks.

Recent performance shows the shift

Over the past week, Stanmore shares have fallen close to 14%, giving back part of the gains built earlier in the year.

Even so, the stock remains up roughly 24% over the past 12 months.

The move has tracked what has been happening across energy markets. Oil prices have eased back toward US$93 per barrel as tensions in the Middle East cool, taking some momentum out of the trade.

Foolish bottom line

The ceasefire has taken some urgency from energy prices, and that has been enough to trigger selling after a strong run.

Coking coal prices are still holding up over the year, but the focus has shifted to what comes next for the sector.

Personally, I would stay on the sidelines here.

The stock is moving with macro headlines rather than company updates, and that can change very quickly.

There are cleaner opportunities elsewhere on the ASX where geopolitics is less likely to drive the share price.

The post Why this ASX coal stock is sinking 9% today appeared first on The Motley Fool Australia.

In late morning trade on Thursday, the ASX 200 is down 1.3%.

But that's not keeping investors from sending the New Hope Corp Ltd (ASX: NHC) share price up 3% to $5.20.

Whitehaven Coal Ltd (ASX: WHC) shares are enjoying an even stronger run, up 3.9% at $9.05 apiece. And the Yancoal Australia Ltd (ASX: YAL) share price is up 5.6% at this same time, with shares changing hands for $7.37 apiece.

We'll also give a shout-out to Stanmore Resources Ltd (ASX: SMR), which isn't technically an ASX 200 coal stock, but it is part of the S&P/ASX 300 Index (ASX: XKO). In either case, Stanmore Resources shares are up 2.5% at $2.87 each.

Why are ASX 200 coal stocks charging higher?

The big Aussie coal miners look to be catching tailwinds on several fronts.

First, the ongoing conflict in the oil-rich Middle East has not only sent oil prices soaring, but global coal prices have also surged. Part of that rise is due to expectations that nations, especially in Europe, may turn to coal-fired power generation amid potential looming gas shortages.

Earlier this week, thermal coal was fetching US$150 per tonne, according to data from Trading Economics. The coal price has since retreated to around US$135 per tonne, which is still up some 25% since the beginning of 2026.

As you'd expect, that's been a boon for investors in ASX 200 coal stocks (and Stanmore). Here's how they've been tracking year to date:

• Whitehaven shares are up 15.8%
• New Hope shares are up 28.9%
• Yancoal shares are up 48.1%
• Stanmore shares are up 20.4%

That performance is exceptionally good, taking into account that the ASX 200 is now down 1.1% in 2026.

What else could be boosting the Aussie coal miners?

Atop the price pressures on oil, gas, and coal amid the ongoing US and Israeli war with Iran, ASX 200 coal stocks also look to be getting a boost with Matt Canavan taking the helm of the National Party yesterday.

Canavan is well known for his pro-coal positions, which include supporting the construction of new coal-fired power stations in Australia.

ASX 200 coal stock gets credit rating boost

Whitehaven is the only one of the coal miners to release any price-sensitive news today.

The ASX 200 coal stock revealed that it had received public credit ratings from S&P, Fitch, and Moody's.

As The Motley Fool reported earlier this morning:

Whitehaven's new credit ratings come as the company looks to refinance its US$1.1 billion acquisition facility. The investment grade ratings on the senior secured debt, in particular, are expected to support better access to global debt capital markets.

The post Why are ASX 200 coal stocks like Whitehaven, Yancoal and New Hope shares smashing the benchmark today? appeared first on The Motley Fool Australia.

What did Stanmore Resources report?

• Total revenue fell to US$1.88 billion, down from US$2.40 billion last year, reflecting a 21% drop in average realised sale prices.
• Underlying EBITDA came in at US$385 million, supported by lower FOB cash costs of US$88 per tonne.
• Net loss after tax of US$47 million, down from a profit of US$192 million in FY24.
• Free cash flow of US$296 million, with closing cash of US$212 million.
• A fully franked final dividend of 8.9 US cents per share was declared.
• Net debt finished the year at just US$33 million, with total liquidity of US$482 million.

What else do investors need to know?

Stanmore Resources' record output was achieved despite a challenging first half hampered by severe weather, with strong operational recovery in the second half. The company's major projects, including the Isaac Downs Extension, made regulatory progress, while South Walker Creek and Poitrel mines continued to drive performance.

Management highlighted cost discipline as a key factor in offsetting falling coal prices, with FOB cash costs slightly below the prior year. Operational efficiencies and a return to lower, steady-state capital expenditure supported robust cash generation and ongoing shareholder returns.

What did Stanmore Resources management say?

Chief Executive Officer & Executive Director Marcelo Matos said:

The 2025 full year was another expansionary year for Stanmore, with production increasing following the completion of our recent capital investment program… Stanmore remains uniquely positioned to benefit as an Australian-based pure-play producer.

What's next for Stanmore Resources?

Looking ahead, Stanmore is forecasting a modest step down in consolidated production to 12.8–13.4 million tonnes in FY26, mainly due to changes at the Isaac Plains Complex. The company expects slightly higher FOB cash costs in 2026, reflecting industry-wide pressure from inflation and FX movements, though ongoing operational improvements are expected to mitigate these impacts.

Stanmore intends to maintain its focus on operational efficiency, cost management, and advancing development projects such as the Isaac Downs Extension. It also remains committed to returning capital to shareholders, supported by its strong balance sheet and liquidity.

Stanmore Resources share price snapshot

Over the past 12 months, Stanmore Resources shares have risen 6%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 9% over the same period.

View Original Announcement

The post Stanmore Resources FY25 earnings: Record output appeared first on The Motley Fool Australia.

Since the start of the year it has risen an impressive 22.08%. 

For context, the S&P/ASX 200 Index (ASX: XJO) is up 2.36% in the same period. 

However, yesterday this ASX materials stock fell 2.33%. 

This was despite reporting a record December quarter coal production and strong cash generation on January 27.

Investor sell-off  

Stanmore Resources is an Australian coal producer with operations and exploration projects in the Bowen and Surat Basins in central and southern Queensland.

It is one of Australia's largest suppliers of metallurgical coals to global markets with three major assets including the Isaac Plains complex and the Poitrel and South Walker Creek coal mines.

Stanmore also has a 50% ownership stake in the Millennium and Mavis Downs mines.

Its most recent quarterly report included: 

• Record quarterly run-of-mine (ROM) coal production of 6.0 million tonnes (Mt), saleable production of 3.9Mt, and sales of 4.0Mt
• Full-year saleable coal production of 14.0Mt.
• Net debt reduced by US$57 million in Q4
• Total liquidity climbed to US$482 million at 31 December 2025
• Serious Accident Frequency Rate for the year was 0.33, significantly below industry benchmarks
• Average sales price achieved was US$133 per tonne, with a late-quarter rally in coal markets

Despite these results, investors have been trimming their positions in this ASX materials stock over the last couple of days. 

The stock price has dropped almost 4% since Tuesday's open. 

What's Morgans' view?

The team at Morgans have provided fresh guidance for this ASX materials stock following its quarterly results. 

The broker highlighted that Stanmore Resources delivered record quarterly results in 4Q25 across run-of-mine (6.0Mt), saleable product (3.9Mt) and product sales (4.0Mt) whilst dealing with unseasonably high rainfall.

Increased sales helped operational cash flow that saw total cash increase to US$212m and net debt reduced by US$57m to US$33m. 

Morgans said the Isaac Downs site is expected to deliver materially lower output in 2026 as mining progresses deeper into the pit and approaches less economic zones. 

Poitrel's production is also forecast to ease after a standout 2025 performance. 

Based on this guidance, Morgans has downgraded its recommendation to TRIM. 

It also has a revised target price of $2.95ps. 

It would appear based on this target that this ASX materials stock is fully valued, after closing yesterday at $2.93 per share. 

Our target for SMR is set at a discount to NPV to reflect opacity in the short-term coal price outlook.

The post After rising 22% this month, it could be time to sell this booming ASX materials stock appeared first on The Motley Fool Australia.

What did Stanmore Resources report?

• Record quarterly run-of-mine (ROM) coal production of 6.0 million tonnes (Mt), saleable production of 3.9Mt, and sales of 4.0Mt
• Full-year saleable coal production reached 14.0Mt, at the mid-point of revised guidance
• Net debt reduced sharply by US$57 million in Q4, finishing the year at US$33 million
• Total liquidity climbed to US$482 million at 31 December 2025
• Serious Accident Frequency Rate for the year was 0.33, significantly below industry benchmarks
• Average sales price achieved was US$133 per tonne, with a late-quarter rally in coal markets

What else do investors need to know?

Stanmore Resources overcame early-year weather disruptions to deliver operational records across all key sites, including South Walker Creek, Poitrel, and Isaac Plains Complex. The company maintained a healthy ROM inventory of 1.5Mt entering the wet season, aiming to enhance resilience against further supply interruptions.

The revolving credit facility was upsized to US$200 million, supporting liquidity and reflecting continued confidence from lenders. Exploration and project development progressed as planned, with approvals for the Isaac Downs Extension and Eagle Downs infrastructure advancing.

What did Stanmore Resources management say?

Chief Executive Officer & Executive Director Marcelo Matos said:

The December quarter marked an exceptional close to the year, with operations delivering record performances across all production metrics. Most impressively, this was achieved safely and despite the first-half challenges from adverse weather, which demonstrated operational agility and flexibility.

What's next for Stanmore Resources?

The company starts 2026 with some challenges after ex-tropical cyclone Koji impacted the Bowen Basin, though management is closely monitoring operational impacts and inventories. Stanmore plans further cost and production optimisations, particularly at the Isaac Plains Complex ahead of its planned transition to the Isaac Downs Extension project.

Shareholders can expect updated full-year financials and 2026 guidance in late February, with a continued focus on maintaining operational safety and disciplined capital management.

Stanmore Resources share price snapshot

Over the past 12 months, Stanmore Resources shares have risen 15%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 5% over the same period.

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The post Stanmore Resources delivers record December quarter coal production and strong cash generation appeared first on The Motley Fool Australia.

What did Stanmore Resources report?

• Group ROM coal production rose to 5.3 million tonnes (Mt), up from 4.9Mt in the June quarter
• Saleable coal production increased by 14% to 3.6Mt
• Record quarterly ROM and saleable output at South Walker Creek
• Net debt reduced from US$99 million at 30 June to US$90 million at 30 September
• Total liquidity stood at US$420 million at quarter end, with all working capital facilities undrawn
• FY25 saleable production guidance range revised to 13.8–14.2Mt, narrowing the upper end to reflect Isaac Plains Complex production

What else do investors need to know?

Stanmore's safety record continues to impress, with a rolling twelve-month serious accident frequency rate of zero. The company noted this strong safety performance is below the industry average, underlining its commitment to workforce wellbeing.

Poitrel and South Walker Creek delivered higher ROM production, offsetting weather-affected output at the Isaac Plains Complex. Year-to-date saleable production at Poitrel is now tracking 8% ahead of last year, supporting a higher full-year guidance range for that site.

During the quarter, Stanmore invested $5.4 million in exploration across multiple projects, including key groundwater and seismic works. The Isaac Downs Extension and Eagle Downs projects continue to progress through their approval and study stages.

What did Stanmore Resources management say?

Commenting on the result, Marcelo Matos, Chief Executive Officer & Executive Director said:

Operations have continued to safely deliver on the full-year recovery plan, with both ROM production and saleable production increasing from the second quarter… For Stanmore, however, we are proud to have continually demonstrated our financial resilience during this challenging period in the commodity price cycle, with cash improving over the quarter and a corresponding reduction in net debt. 

What's next for Stanmore Resources?

Stanmore is looking to a stronger fourth quarter, expecting increased coal mining, washing, and shipments thanks to a lower prime strip ratio and healthy inventories. Full-year saleable production guidance has been slightly narrowed but remains achievable, provided weather conditions remain favourable.

The company is continuing to advance key development projects and maintains its capital expenditure guidance. With total liquidity of US$420 million and no drawn working capital lines, Stanmore says it's well prepared for the ongoing softness in metallurgical coal markets.

Stanmore Resources share price snapshot

Stanmore Resources shares have fallen 23% in the past year, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen around 9% over the same period. 

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The post Stanmore Resources earnings: Record production and improved net debt appeared first on The Motley Fool Australia.

In morning trade today, shares in the coal miner are changing hands for $2.30 apiece, down 0.8%.

That sees the Stanmore share price up 43.8% since plumbing that 9 April low.

Longer-term, shares remain down 29% over 12 months. Though those losses will have been somewhat mitigated by the 17.1 cents per share in fully franked dividends the ASX 300 energy stock paid out over the full year.

At the current share price, this sees Stanmore Resources trading on a fully franked trailing dividend yield of 7.4%.

Looking to the year ahead, Seneca Financial Solutions' Arthur Garipoli sees the potential for solid ongoing dividend payouts and further share price growth (courtesy of The Bull).

Here's why.

Should you buy the ASX 300 energy stock today?

While 9 April would certainly have been an opportune time to snap up Stanmore Resources shares, Garipoli reiterated his buy recommendation on the ASX 300 energy stock this week.

"This metallurgical coal company recently reported strong production in the 2025 June quarter leading into a solid start to the second half of 2025," Garipoli noted.

As for that passive income potential, he said, "Cost savings are projected to flow through to the bottom line on higher coal tonnages, leading to an uplift in cash flow and potential for a solid dividend."

Garipoli concluded, "SMR is one of the lowest cost producers listed on the ASX. This stock suits investors looking for a turnaround play post a lengthy weak share price that is showing signs of a recovery."

What's the latest from Stanmore Resources?

The ASX 300 energy stock reported its second quarter (Q2 2025) results on 28 July.

The coal miner reported run of mine (ROM) coal production of 4.9 million tonnes for the three months. That was up 15% from the prior quarter amid improving weather conditions and record production from its South Walker Creek mine.

Saleable production came in at 3.2 million tonnes for the quarter.

Stanmore also achieved positive operating cash flows, reporting consolidated cash of US$181 million and net debt of US$99 million as at 30 June. That compares favourably to consolidated cash of US$169 million and net debt of US$146 million the ASX 300 energy stock held as at 31 March.

Commenting on the quarterly results on the day, Stanmore Resources CEO Marcelo Matos said, "We are proud to have recovered strongly from the first quarter, increasing our run-of-mine production by 15% with saleable production remaining stable."

The post Up 44% since April, why this dividend paying ASX 300 energy stock could keep running hot appeared first on The Motley Fool Australia.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

That's because S&P Dow Jones Indices has just announced changes in the S&P/ASX Indices that will be effective prior to the open of trading on June 23 following the June quarterly review.

Let's see which ASX 20, ASX 50, ASX 100, and ASX 200 shares are being impacted by the changes.

ASX 20 index

There has been one change to the exclusive ASX 20 index.

That change will see the under pressure James Hardie Industries plc (ASX: JHX) dumped from the index later this month after falling 30% from its 52-week high amid concerns over its proposed acquisition of AZEK Company Inc (NYSE: AZEK).

It will be replaced by supply chain solutions company Brambles Ltd (ASX: BXB). Its shares are up over 17% since the start of the year.

ASX 50 index

There was also one change to the illustrious ASX 50 index.

This will see gold miner Evolution Mining Ltd (ASX: EVN) replace the embattled lithium miner Pilbara Minerals Ltd (ASX: PLS) when the ASX 50 index rebalances later this month.

ASX 100 index

S&P Dow Jones Indices will be making two changes to the ASX 100 index at the June quarterly rebalance.

Heading out of the index this month will be uranium miner Paladin Energy Ltd (ASX: PDN) and fuel retailer Viva Energy Group Ltd (ASX: VEA).

Their market capitalisations have shrunk over the past 12 months after their shares dropped 53% and 40%, respectively.

Replacing them in the index will be gold miner Perseus Mining Ltd (ASX: PRU), which is up 64% since last year, and Pinnacle Investment Management Group Ltd (ASX: PNI), which is up more than 50% over the same period.

ASX 200 index

Finally, the benchmark ASX 200 index is making two changes at this quarterly rebalance.

Heading out of the index will be struggling healthcare company Healius Ltd (ASX: HLS) and coal miner Stanmore Resources Ltd (ASX: SMR).

It seems that heavy declines have led to their market capitalisations falling below what is required for inclusion in the benchmark index. Healius shares are down almost 40% and Stanmore Resources shares are down over 40% since this time last year.

Replacing them in the ASX 200 index will be shipbuilder Austal Ltd (ASX: ASB) and furniture retailer Nick Scali Limited (ASX: NCK). Their shares are up 157% and 34%, respectively, over the past 12 months.

The post Here are the ASX 20, ASX 50, ASX 100, and ASX 200 shares being added and kicked out of their indices appeared first on The Motley Fool Australia.

Will the market be able to bounce back from this on Tuesday? Here are five things to watch:

ASX 200 expected to rebound

The Australian share market is expected to rise on Tuesday after two positive sessions in a row on Wall Street. According to the latest SPI futures, the ASX 200 is poised to open the day 23 points or 0.27% higher. In the United States, the Dow Jones was flat, the S&P 500 climbed 0.1%, and the Nasdaq pushed 0.3% higher. On Friday, all three indices charged higher in response to jobs data.

Quarterly rebalance

Austal Ltd (ASX: ASB) and Nick Scali Limited (ASX: NCK) shares will be on watch on Tuesday after the shipbuilder and furniture retailer were added to the benchmark ASX 200 index at the latest quarterly rebalance. They will be taking the place of healthcare company Healius Ltd (ASX: HLS) and coal miner Stanmore Resources Ltd (ASX: SMR) when the index rebalances on 23 June.

Oil prices rise

It could be a good session for ASX 200 energy shares Santos Ltd (ASX: STO) and Karoon Energy Ltd (ASX: KAR) after oil prices rose overnight. According to Bloomberg, the WTI crude oil price is up 1.2% to US$65.37 a barrel and the Brent crude oil price is up 0.9% to US$67.09 a barrel. This was driven by optimism over US-China trade talks in London.

Buy Develop Global shares

The team at Bell Potter thinks that Develop Global Ltd (ASX: DVP) shares could be in the buy zone. This morning, the broker has retained its buy rating on the miner and underground mining contractor's shares with an improved price target of $5.00 (from $4.00). It said: "DVP has demonstrated impressive execution of workflows to date to enable a timely and within-budget restart of operations at its flagship Woodlawn operation. We expect the successful ramp-up of Woodlawn production by 1H FY26 to drive a transformation in the company's EPS outlook in FY26."

Gold price edges higher

ASX 200 gold shares Evolution Mining Ltd (ASX: EVN) and Regis Resources Limited (ASX: RRL) could have a relatively subdued session after the gold price edged higher overnight. According to CNBC, the gold futures price is up slightly to US$3,347.1 an ounce. Traders were buying gold ahead of the US-China trade talks.

The post 5 things to watch on the ASX 200 on Tuesday appeared first on The Motley Fool Australia.

The fundie said ASX coal stocks were sold off recently due to fears a trade war may hit Aussie exports.

But not all coal stocks are alike. Some are positioned to weather the tariff impact better than others, Blackwattle says.

Let's investigate.

2 ASX 200 coal stocks to buy now

'One of the highest quality mining companies on the ASX': Fundie

Blackwattle holds mid-cap coal stock, Whitehaven Coal Ltd (ASX: WHC), in its Mid Cap Quality Fund.

In a new update, portfolio managers Tim Riordan and Michael Teran said Whitehaven shares fell 9% in April.

This was due to fears that a trade war would significantly impact an already weakening Chinese economy.

They said:

Commodity prices in general were soft in April, and thermal coal was one of the weakest commodities after oil, falling 9% in April.

However, WHC has greater exposure to metallurgical coal, which one was one of the few commodities that rallied in April, increasing 13%.

WHC is tracking at the upper end of production guidance and lower end of cost guidance for FY25.

We continue to see material long-term upside for WHC as an 'improving / enduring quality' business.

The Whitehaven share price is $5.35, down 0.47%, on Tuesday.

The managers said:

We view WHC as one of the highest quality mining companies on the ASX, with strong financials and a capital disciplined management team.

While coal prices have been volatile in recent months, the longer-term supply/demand dynamics remain favourable, and WHC continues to generate free cash flow at current coal prices with a net cash balance sheet.

We back WHC to execute on numerous multi-year internal levers to maintain and improve the business quality beyond commodity prices …

This ASX 200 coal stock is 'extremely cheap': Fundie

Blackwattle holds Stanmore Resources Ltd (ASX: SMR) in its Small Cap Quality Fund.

In a newsletter, portfolio managers Robert Hawkesford and Daniel Broeren said:

Stanmore Resources dropped 8.4% in April, reflecting the introduction of tariffs to many Asian countries that consume Australian metallurgical coal, and a view that they might experience some economic softness.

The Stanmore Resources share price is $1.94, up 0.52% on Tuesday.

The managers said:

The company continues to operate strongly having delivered a strong production result for the March quarter.

Shares in SMR are extremely cheap, and a great entry point as the best resources investments are counter-cyclical.

There has been very little new coal supply coming to the market for many years now, so deficits are likely to be a feature of the market in coming years.

The post 2 ASX 200 coal stocks to buy now despite tariff impact: Expert appeared first on The Motley Fool Australia.