)
Edge10 Jul 2026
Inside Take-Two: The Grand Anticipation
The story of how Take-Two Interactive built the empire behind Grand Theft Auto, Red Dead Redemption, and one of gaming's largest mobile portfolios.
Yancoal Australia
Yancoal Australia (YAL) investor relations material
Yancoal Australia Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary21 Jul, 2026
Executive summary
Achieved a quarterly production record of 10.8 million tons of attributable saleable coal in 2Q 2026, up 20% sequentially, and a first-half record of 19.8 million tons, 5% ahead year-over-year.
Attributable sales reached 11.6 million tons, with a realized coal price up 9% to AUD 160/tonne.
Moolarben and Mount Thorley Warkworth mines exceeded targets, with Moolarben’s saleable coal production up 23% and MTW up 34% sequentially.
The acquisition of an 80% interest in the Kestrel Coal Mine was announced, with completion targeted by end of Q3 2026, expected to diversify and strengthen the production portfolio.
Decision made to cease Ashton mine operations from early 2028 due to technical and economic challenges, with support measures for affected employees.
Financial highlights
Ended Q2 with a cash balance of over AUD 2 billion (USD 2.01 billion), steady with the previous quarter despite paying AUD 1.61 billion in final dividends and a deposit for Project Kestrel.
Average realized coal price increased to AUD 160/tonne in 2Q 2026, up 9% sequentially and 13% year-over-year.
Attributable sales volume for 2Q 2026 was 11.6Mt, up 41% from the prior quarter.
Strong operating cash flow maintained, with temporary cash flow volatility due to timing of payments and receipts.
Attributable saleable coal production for the first half of 2026 was 19.8Mt, 5% ahead of 2025.
Outlook and guidance
On track to exceed last year’s production record and deliver in the upper half of 2026 guidance (36.5–40.5Mt attributable saleable production).
Capital expenditure for 2026 projected at the low end of the $750–900 million range, with some spend deferred to 2027.
Cash operating costs expected at AUD 90–98/tonne, trending toward the upper half due to diesel prices but not at the top end.
Dividend policy remains at 50% of NPAT or free cash flow, whichever is higher, subject to Board approval.
No immediate plans for equity capital raising.
Kestrel acquisition funding and completion risks
Ashton closure costs and rehabilitation timeline
HVO extension approval and IPC hearing outcomes
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Latest events from Yancoal Australia
- Strong financials, robust dividends, and enhanced ESG reporting defined the AGM.YAL
AGM 20251 Jul 2026 - Revenue and profit dropped as coal prices fell, but production and cash flow stayed strong.YALH1 202425 Jun 2026
- Record production and cost control supported robust dividends despite lower prices.YALH2 202515 Jun 2026
- Record production and lower costs offset weaker prices; profit and revenue declined sharply.YALH1 202515 Jun 2026
- Net profit fell 33% to $1.22B as coal prices dropped, but cash and dividends remain strong.YALH2 202415 Jun 2026
- Record output, robust dividends, and a major acquisition headline a successful AGM.YALAGM 202628 May 2026
- US$1.85bn acquisition of 80% of Kestrel boosts scale, margins, and Asian market exposure.YALM&A announcement15 May 2026
- Major acquisition and rising diesel costs define a quarter of lower output and steady guidance.YALQ1 202621 Apr 2026
- Production up 18% year-over-year, strong cash, stable prices, and higher H2 output expected.YALQ2 20243 Feb 2026
Yancoal Australia
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Explore our global coverage