The Westgold Resources Ltd (ASX: WGX) share price is in focus today after the gold producer delivered Q1 FY27 gold production of 98,393 ounces and saw its treasury increase by $101 million to $1,040 million, with a strong AISC margin of $3,117 per ounce helping to underpin robust cash generation.

What did Westgold Resources report?

• Gold production of 98.4koz at an All-In Sustaining Cost (AISC) of $2,912/oz
• Gold sales revenue of $602 million from 99,900oz sold at $6,029/oz
• Operating mine cash flow of $292 million and net mine cash inflow of $157 million
• Underlying treasury build of $251 million and period-end cash, bullion, and liquid investments of $1,040 million
• Group Ore Reserves increased by 41% to 4.1Moz
• Westgold remains debt free and unhedged, with a $50 million on-market share buy-back approved for FY27

What else do investors need to know?

Westgold’s ore stockpiles grew by 51% to 696,000 tonnes, supporting continued production during planned maintenance and adverse weather. The company’s mining operations across the Murchison and Southern Goldfields also reported increased ore production, with improvements in safety records – no lost time injuries were recorded in the quarter, lowering the LTIFR.

Significant investments of $111 million in growth capital and $24 million in exploration further strengthen the company’s resource base and support organic growth initiatives. Westgold also revised its Shareholder Capital Returns Policy, establishing a minimum annual return of 3 cents per share, with at least 2 cents paid as a fully franked dividend.

What did Westgold Resources management say?

Westgold Managing Director and CEO Wayne Bramwell said:

Westgold made a strong start to FY27, producing 98,393oz at an AISC of $2,912/oz. Mine ore production rose 7%, building ore stockpiles and supporting steady mill output despite planned maintenance and wet weather in the Murchison and we remain on track to meet FY27 guidance. The strength of the business is clear in our cash generation. An AISC margin of $3,117/oz delivered $292M of mine operating cash flow and an underlying Treasury build of $251M. During the quarter, Group Ore Reserves increased 41% to 4.1Moz. We continued to invest in drilling and growth, while ending September with $1,040M in Treasury, no debt and no hedging. Our focus is now on turning this financial strength and growing ore inventories into higher production, lower unit costs and stronger cash generation. This plan is encapsulated in our 4-5-6 strategy—a fully funded pathway that expands production towards 500koz by FY29.

What’s next for Westgold Resources?

Looking ahead, Westgold remains on track to meet its full-year guidance of 385,000–425,000 ounces at an AISC of $2,980–$3,380 per ounce. The company’s 4-5-6 growth strategy aims for four operating hubs, a fully funded pathway to approximately 500,000 ounces per annum by FY29, and emerging organic growth options.

Key enablers will be the planned expansions of the Cue and Meekatharra hubs, increasing processing capacity and supporting further cost reductions. Westgold also continues to actively return capital to shareholders via its new policy and on-market buy-backs, while investment in resource definition and mine development will help underpin future production increases.

Westgold Resources share price snapshot

Over the past 12 months, Westgold Resources shares have declined 11%, trailing the S&P/ASX 200 Index (ASX: XJO), which has declined 3% over the same period.

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The post Westgold Resources: Q1 FY27 earnings update appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The Transurban Group (ASX: TCL) share price is in focus today after the toll road operator posted a 3.1% jump in group average daily traffic for the September quarter, with strong contributions from Sydney, Melbourne, and North America.

What did Transurban Group report?

• Group average daily traffic (ADT) rose 3.1% year-on-year to 2.58 million trips
• Sydney ADT up 3.0% to 1.08 million trips, led by a 10.7% gain on the M7 after the M7-M12 Integration Project
• Melbourne ADT up 4.2% to 875,000, supported by West Gate Tunnel opening; CityLink flat (-0.2%) excluding WGT
• Brisbane ADT lifted 1.1% to 498,000, with solid truck volumes (+3.6%)
• North America ADT up 4.7% to 127,000, strong growth on the 495 Express Lanes (+17.3%)

What else do investors need to know?

Transurban addressed a vehicle classification issue in Melbourne and the West Gate Tunnel, with no material impact expected to free cash flow or upcoming distributions. The company does not anticipate significant impacts from recent Victorian toll policy changes flagged during the state election.

In North America, dynamic toll prices soared—up 20% on the 95 Express Lanes and 47% on the 495 Express Lanes—highlighting customer demand for reliable travel options, even as roadworks temporarily weighed on the 95 corridor.

The Group’s revenues remain highly resilient, with more than 90% of income CPI-linked or subject to fixed increases, cushioning against inflation and uncertainty.

What’s next for Transurban Group?

Transurban will keep providing monthly traffic updates throughout 2026 as it closely watches changing economic and policy conditions. The Group remains focused on disciplined balance sheet management, operational efficiency, and delivering projects that add value for both customers and investors.

The company reiterated the essential role of its urban transport assets, with recent capital projects like the West Gate Tunnel and M7-M12 Integration now contributing to traffic growth. Management expects continued resilience, helped by its inflation-linked revenues and ongoing infrastructure investments.

Transurban Group share price snapshot

Over the past 12 months, Transurban shares have declined 7%, trailing the S&P/ASX 200 Index (ASX: XJO), which has fallen 3% over the same period.

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The post Transurban posts September quarter 2026 traffic lift as project openings boost growth appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Transurban Group. The Motley Fool Australia has positions in and has recommended Transurban Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

NEXTDC Ltd (ASX: NXT) shares have suffered an extraordinary sell-off on Wednesday.

The data centre operator’s shares have fallen as much as 45% to $5.10 following an announcement that has raised serious concerns about its near-term outlook.

It is a significant setback for a company that has been investing heavily to capitalise on growing demand for data centre capacity.

But has the market reaction created an opportunity for long-term investors? Here’s what I think.

What has happened to NEXTDC?

The main issue is a delay in delivering electricity to NEXTDC’s M3 Melbourne data centre.

Electricity distributor Jemena has suspended parts of the network works required to increase power supply to the facility, citing community opposition and difficulties obtaining the necessary approvals.

NEXTDC now expects the next increase in power supply during FY28, delaying its ability to deliver and bill customers for contracted capacity.

This has forced management to make substantial reductions to its FY27 guidance.

Underlying EBITDA is now expected to be between $245 million and $265 million, down from its previous forecast of $385 million to $410 million.

Net revenue guidance has also been reduced from $615 million to $640 million to between $475 million and $500 million.

Those are significant downgrades, and I can understand why investors are concerned.

There is also uncertainty surrounding the affected customer contracts, which include provisions for compensation or potential termination if capacity cannot be delivered as agreed.

A separate planning decision for further expansion at M3 has also been delayed until 2027.

Clearly, NEXTDC has some difficult issues to work through.

Why I would buy NEXTDC shares

Despite these setbacks, I still believe NEXTDC has an exciting long-term future. The company is developing critical infrastructure for cloud computing, artificial intelligence (AI), and the broader digital economy.

I expect demand for these services to increase considerably over the coming decade as businesses invest in more computing capacity. And I think NEXTDC remains well positioned to participate in that growth.

One important detail from today’s announcement is that the affected M3 capacity remains contracted, subject to the customer’s rights.

That gives me some hope that a substantial portion of the delayed revenue could eventually be realised once the electricity issues are resolved.

Management is also taking steps to protect the business. NEXTDC has reduced its capital expenditure guidance and is prioritising projects supported by near-term customer contracts.

It reported approximately $8.7 billion in available liquidity at the end of September, although most of this comprises debt facilities and access remains subject to conditions.

I think the decision to focus spending on contracted capacity is sensible while the company works through the uncertainty.

For me, the investment case remains centred on the enormous demand for data centre infrastructure over the next decade. At around $5.10, I think the potential long-term rewards for investors could be substantial if NEXTDC can resolve its current problems and deliver on its contracted growth opportunities.

Foolish takeaway

I think Wednesday’s extraordinary sell-off has created an opportunity to buy NEXTDC shares for the long term.

There could be considerable volatility ahead, and the problems at M3 will take time to resolve.

But I would be willing to accept that uncertainty for the opportunity to own a business operating in what I believe will be one of the world’s most important growth industries over the coming decade.

The post Should I buy NEXTDC shares after today's 45% crash? appeared first on The Motley Fool Australia.

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Motley Fool contributor Grace Alvino has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.