ASX:NHCOil and Gas
New Hope (ASX:NHC) Is Up 11.1% After Strong Q3 EBITDA And Extended Debt Maturities - Has The Bull Case Changed?
New Hope Corporation Limited has reported its Q3 2026 results, posting a 21.7% rise in underlying EBITDA to A$130.1 million on the back of higher coal sales volumes, firmer prices and lower unit costs, particularly at the Bengalla mine, while also reducing capital spending by 21%.
The company has reinforced its financial position by extending its debt maturity to 2032 via a A$300.0 million senior convertible note issue, repurchasing A$293.3 million of 2029 notes and ending the quarter with...