|Bid||0.00 x 2200|
|Ask||0.00 x 900|
|Day's Range||41.16 - 42.11|
|52 Week Range||34.96 - 47.92|
|PE Ratio (TTM)||23.81|
|Forward Dividend & Yield||2.20 (5.01%)|
|1y Target Est||46.51|
BP ’s blockbuster $10.5bn deal for a portfolio of shale oil assets from BHP Billiton was not only its biggest acquisition in almost 20 years, it signalled the company’s big comeback into the US following ...
Copper prices fell to a fresh 13-month low Tuesday after data showed fixed-asset investment in China slowed to a nearly two-decade low in the first seven months of the year. Front-month copper for August delivery slumped 1.7% to $2.6765 a pound on the Comex division of the New York Mercantile Exchange—its lowest close since July 13, 2017. Prices are down 19% from their June four-year highs, hurt by worries that trade tensions between the U.S. and China will accelerate a Chinese economic slowdown, weakening demand for materials used in construction and manufacturing.
BHP Billiton has agreed to pay a group of shareholders $50m to settle a class action related to the 2015 Samarco dam disaster, as the mining giant continues to negotiate a $41bn civil claim in Brazil. ...
The first time Karen Requena entered the cafeteria at BHP Billiton’s massive Escondida mining operation in northern Chile, she couldn’t help feeling countless eyes fixed on her body as she walked across the vast hall. Then as Requena looked for a place to sit, the noise started. It was 2012, and Requena was working 10-day shifts as an Escondida safety officer for BHP Billiton contractor Villatol.
RIO DE JANEIRO (Reuters) - Iron miner Samarco, a joint venture of Brazil's Vale SA (VALE3.SA) and Australia's BHP Billiton Ltd (BHP.AX), expects to obtain next year all licenses needed to resume operations ...
BHP Billiton has requested five days of government-mediated talks as it seeks to end a pay dispute with the main union at Escondida, the world’s biggest copper mine. If there is no agreement, a strike will begin on 14 August, although negotiations could be extended by another five days if both parties agree. “In response to the call made last week by the Regional Governor, the company has formally requested the obligatory mediation of the Antofagasta Labour Inspection Service,” the company said in a statement.
BHP Billiton Ltd., the world’s biggest miner, is advancing plans to add production of a key cobalt material used in rechargeable batteries to boost its exposure to the electric vehicle revolution. The Nickel West operation in Western Australia, aiming to sell 90 percent of its output to the battery sector by the end of next year, has had success with laboratory tests on adding production of cobalt sulphate alongside its specialist nickel product, Asset President Eduard Haegel, said Monday in an interview. “Our concern now isn’t about being able to make cobalt sulphate -- it’s about being able to make it at the purity that we want,” Haegel said on the sidelines of the Diggers and Dealers mining forum in Kalgoorlie, Western Australia.
Investing.com – Asian stocks firmed in morning trade on Monday after Wall Street advanced in the last session. Trade concerns remained in focus after China announced another set of tariffs on U.S. goods.
BP plc's $10.5 billion move to acquire most of BHP Billiton's shale acreage in North America 'signals a bold return by the UK oil giant to the lower 48 states,' according to Rystad Energy.
The once afterthought among the integrated oil and gas companies is making its case as a top-notch operator.
July 31 (Reuters) - Bomesc Offshore Engineering Co Ltd : * SAYS UNIT SIGNS SOUTH FLANK MODULE ASSEMBLY AND FABRICATION CONTRACT WORTH ABOUT 374.7 MILLION YUAN ($54.88 million) WITH BHP BILLITON IRON ORE ...
The Business Journal takes a look at what BHP Billiton PLC's $10.5 billion asset sale means for the Eagle Ford Shale, a vast oil-producing region just south of San Antonio.
Five times as many companies are likely to boost dividends from a year earlier than cut among the top 100 stocks reporting in August, according to data compiled by Bloomberg. A lift in commodity prices is expected to help Australia’s largest companies declare about A$27 billion ($19.9 billion) in dividends, 2.7 percent higher than a year ago, according to the data. BHP Billiton Ltd. and Rio Tinto Ltd. are seen accounting for about A$6.7 billion, the largest August payout since 2015 as high prices and asset sales cut debt and free up cash.
onshore shale assets is transformational for its unconventional business in the U.S. The portfolio includes unconventional assets in the highly-prized Permian-Delaware basin in Texas, premium positions in the Eagle Ford shale, also in Texas, and in the Haynesville shale in Louisiana. The assets purchased currently produce around 190,000 barrels of oil equivalent per day, of which 45% are liquid hydrocarbons, a very good balance between crude oil and natural gas. The major question here is: can BP leverage their scale and competitive advantage in other regions and basins, to make it in the basins that were pioneered by the independents?
BP will buy a large portion of BHP Billiton for $10.5 billion. In the midst of an ambitious growth plan, this deal provides an important opportunity for BP and marks a milestone in the company's effort to turn things around after the fatal catastrophe of the Deepwater Horizon in the Gulf of Mexico in 2010.