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White Energy Company WEC.AX · AUD

Energy · ASX · 🇦🇺 Australia

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0.21

-4.55%

Close of 9 Nov 2026, in AUD

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About White Energy Company

Its shares trade on ASX under the ticker WEC.AX. It has been listed since 23 July 1999. In the fiscal year to 30 June 2025, it reported revenue of A$82,000 and a net loss of A$23.9m. At that date it held total assets of A$12.9m and shareholders' equity of −A$1.7m.

White Energy Co. Ltd. engages in the development and exploitation of binderless coal briquetting technology. The company is headquartered in Brisbane, Queensland. The firm operates through four segments: coal technology, coal mining, mining exploration and property. The coal technology segment has the exclusive license to BCB technology developed by a consortia. The coal mining segment includes MCC, which operates a series of coal mines in the United States. The mining exploration segment holds tenements near Cooper Pedy, South Australia. The property segment is engaged in the agricultural activities of Ingomar Station, which operates as a working cattle and sheep property. The firm's sectors operate in over five main geographical areas, which include Australia, Asia, South Africa and Mauritius, the United States and the United Kingdom.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Listed since
23 Jul 1999
Employees
2

Leadership

Pay as last reported

  • Mr. Brian FlanneryNon-Executive Chairman of the Board, since 2010A$84,733
  • Mr. Greg SheahanChief Executive OfficerA$231,455
  • Mr. Allan MccarthyChief Financial OfficerA$313,444
  • Mr. David FranksCompany SecretaryA$121,474
  • Mr. Michael ChapmanNon-Executive Independent Director, since 2010A$44,400
  • Mr. Vincent O'RourkeNon-Executive Independent DirectorA$44,400
  • Mr. Keith WhitehouseNon-Executive Independent DirectorA$44,400

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
24
Environment
13
Social
39
Governance
18
Women in the workforce
40%
Carbon reduction policy
No
Human rights policy
No

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • White Energy Company Ltd has several key strengths that contribute to its success in the energy market. Firstly, the company is known for its strong financial position, allowing it to fund innovative research and development projects. Additionally, its robust infrastructure and extensive distribution network enable efficient supply chain management and quick delivery of energy products to customers.
  • Furthermore, White Energy Company Ltd has a team of highly skilled professionals who possess deep expertise in the energy sector. This knowledgeable workforce ensures the company stays at the forefront of industry trends and can effectively adapt to changing market conditions.
  • Lastly, the company's commitment to sustainability and environmental stewardship is a significant strength. By focusing on clean energy solutions and reducing carbon emissions, White Energy Company Ltd has gained a competitive advantage in an increasingly eco-conscious market.

Weaknesses

  • Despite its strengths, White Energy Company Ltd also faces certain weaknesses that pose challenges to its growth. One notable weakness is its dependence on external factors such as government regulations and policies. Changes in these regulations can significantly impact the company's operations and profitability.
  • Another weakness is the company's limited product diversification. White Energy Company Ltd primarily focuses on a specific energy source, which makes it susceptible to market fluctuations and competition from other energy providers. Diversifying its product portfolio could help mitigate this weakness and provide additional revenue streams.
  • Additionally, the company may face challenges in maintaining competitive pricing due to fluctuating market prices of energy resources. Balancing profitability with affordability for customers is a delicate task that requires constant monitoring and strategic decision-making.

Opportunities

  • White Energy Company Ltd can capitalize on several opportunities in the energy industry. Firstly, the global shift towards renewable energy presents a sizable opportunity to expand its clean energy offerings. By investing in renewable energy technologies and infrastructure, the company can tap into a growing customer demand for sustainable energy solutions.
  • Another opportunity lies in strategic partnerships and collaborations. By partnering with other companies or research institutions, White Energy Company Ltd can leverage complementary expertise, access new markets, and enhance its technological capabilities.
  • Furthermore, emerging markets provide a chance for expansion. As developing countries increase their energy consumption, there is a need for reliable and efficient energy providers. White Energy Company Ltd can seek to enter these markets and establish a strong presence, capturing untapped business opportunities.

Threats

  • White Energy Company Ltd faces several threats that could hinder its success in the energy market. One significant threat is the volatility of energy prices, driven by global economic factors and geopolitical events. Fluctuating prices can impact the company's profitability and customer affordability.
  • Additionally, increased competition from both traditional energy providers and new market entrants poses a threat to White Energy Company Ltd. This requires the company to continuously innovate, differentiate its offerings, and stay ahead of competitors.
  • Moreover, regulatory uncertainties and changes in government policies can introduce disruptive challenges. Adapting to evolving regulations and ensuring compliance requires flexibility and resource allocation.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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