|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||43.74 - 44.85|
|52 Week Range||33.37 - 50.79|
|PE Ratio (TTM)||25.09|
|Forward Dividend & Yield||2.20 (4.84%)|
|1y Target Est||44.15|
With oil prices in a protracted period of stability, companies are gradually getting the confidence to invest again, the CEO of Woodside Petroleum indicated.
The decision by Unilever to unify its parent companies in the UK and the Netherlands will be keenly followed not just in the City of London, but 10,000 miles away in Australia. BHP Billiton , the world’s ...
There are a number of reasons that attract investors towards large-cap companies such as BHP Billiton plc (LSE:BLT), with a market cap of UK£76.73B. One reason being its ‘too bigRead More...
In the long term, commodities generally follow the underlying demand-supply dynamics, but according to some observers, copper prices also tend to reflect macro developments. Copper has been dubbed “doctor copper” because many observers see copper prices as a reflection of the global economy. Copper (BHP) (VALE) is also sensitive to geopolitical factors, and some traders use copper as a proxy to bet against the global economy.
Since China, the world’s largest copper consumer, isn’t self-sufficient regarding copper assets, it needs to import copper. Copper mining is situated in Latin America. Chile is the largest mined copper producer.
The world’s biggest miners, which reined in costs during lean times, are flush with profits from a recent commodity-market rebound. But now, with rising expenses for fuel, raw materials and wages, there ...
Energy firm Woodside Petroleum on Monday said that its plan to buy ExxonMobil Corp's 50-percent interest in Australia's Scarborough gas field had been given the go-ahead by BHP Billiton, which partly owns the development. Australia's Woodside last month said it had agreed to pay $744 million for ExxonMobil's stake in the project that has been stuck on the drawing board for nearly 40 years, taking its hold to 75 percent. The deal on the remote, deepwater gas field off the coast of the state of Western Australia is expected to conclude by the end of this quarter, Woodside said in a statement.
Royal Dutch Shell and Blackstone Group are partnering to buy BHP Billiton's U.S. shale assets, while Chesapeake Energy may sell some Louisiana holdings to Tellurian.
The Chinese government’s efforts to rein in real estate speculation seem to be paying off. According to the latest data, housing prices in December 2017 dropped on a yearly basis in nine of the 15 major cities in China. Banks in China have started raising costs for home loans and are restricting the credit supply.
If Shell (RDS.A) succeeds to win the bid of $10 billion, it will be the largest takeover for the energy supermajor since the $50 billion BG Group buyout in 2016.
Anglo-Dutch oil company Royal Dutch Shell and U.S. private-equity company Blackstone Group LP are working on a $10 billion joint offer to acquire miner BHP Billiton PLC’s onshore U.S. shale assets, Sky ...
Royal Dutch Shell Plc (RDSa.L) and U.S. private equity firm Blackstone Group LP (BX.N) are working on a joint $10 billion bid for BHP Billiton Plc's (BLT.L) U.S. shale assets, Sky News said on Thursday. Shell and Blackstone's offer will only be one of several credible proposals that BHP will receive for its U.S. shale operations, Sky News said, citing banking sources.
Royal Dutch Shell Plc (RDSa.L) and U.S. private equity firm Blackstone Group LP (BX.N) are working on a joint $10 billion (7.24 billion pounds) bid for BHP Billiton Plc's (BLT.L) U.S. shale assets, Sky News said on Thursday. Shell and Blackstone's offer will only be one of several credible proposals that BHP will receive for its U.S. shale operations, Sky News said, citing banking sources.
Royal Dutch Shell Plc and U.S. private equity firm Blackstone Group LP are working on a joint $10 billion bid for BHP Billiton Plc's U.S. shale assets, Sky News said on Thursday. Shell and Blackstone's offer will only be one of several credible proposals that BHP will receive for its U.S. shale operations, Sky News said, citing banking sources.
Offshore oil may be the next big thing again for the energy industry as the high cost production technique can now be profitable at current lower oil prices.
Vale’s CFO, Luciano Siani Pires, said during Vale Day on December 6, 2017, that the company deserves a rerating of its valuation. Currently, Vale (VALE) has a forward EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple of 6.2x, which is a discount of 3.1% to its past five-year average multiple.
Developers behind Mexico's flagship deepwater oil venture Trion are considering using a floating facility to handle production from the massive field in the Gulf, the companies said on Tuesday. The decision would allow output from the Pemex and BHP Billiton (BHP.AX) project to be offloaded to tankers, instead of transporting it via pipelines to the United States. A floating production storage and offloading facility (FPSO) could be more expensive, but offers greater flexibility in export destinations.
Vale SA (VALE) has guided for an “aggressive and sustainable” dividend policy going forward. The company is planning to come up with a new dividend policy by the end of March 2018. The new dividend policy is expected to be more robust, predictable, and sustainable.
Vale (VALE) has considerably reduced its net debt in 2017. The company was guiding for a net debt of $15.0 billion–$17.0 billion by the end of 2017. Vale recorded net proceeds of $3.7 billion from the sale of its fertilizer assets, which were received in January 2018.