BHP - BHP Billiton Limited
| Previous Close | 47.57 |
| Open | 46.64 |
| Bid | 46.35 x 1100 |
| Ask | 46.36 x 800 |
| Day's Range | 45.86 - 46.78 |
| 52 Week Range | 40.58 - 52.62 |
| Volume | 1,950,328 |
| Avg. Volume | 2,318,115 |
| Market Cap | 122.152B |
| Beta (3Y Monthly) | 1.21 |
| PE Ratio (TTM) | 33.38 |
| EPS (TTM) | 1.39 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 2.52 (5.30%) |
| Ex-Dividend Date | 2018-09-06 |
| 1y Target Est | 47.53 |
- Reuters Videos•13 days ago
Train carrying BHP Billiton iron ore derails in northern Australia
A nearly 3-km-long train carrying BHP Billiton iron ore is forcibly derailed in northern Australia, as it headed to a key shipping hub. No reporter narration.
Market Realist•3 hours agoFreeport-McMoRan’s Outlook Is Cloudy, Earnings Peak
While copper prices have been weak in 2018, higher gold shipments have helped Freeport-McMoRan (FCX) post higher earnings in the last few quarters. The company posted an adjusted EBITDA of $1.8 billion in the third quarter. The company’s EBITDA in the last 12 months ending on September 30 is $7.9 billion.
Market Realist•5 hours agoPhysical Copper Markets Might Tighten More in 2019
Previously, we discussed some Chinese copper demand indicators (SCCO). China’s copper demand indicators don’t look as strong as what we saw at the beginning of 2018. End consumers like the construction and automotive sectors have shown signs of moderation.
Market Realist•yesterdayChina’s Housing Indicators Show a Continued Slowdown
Is There More Heat Left in Freeport-McMoRan’s Rally? The real estate sector is the largest metal end consumer in China (FXI). China’s real estate investment grew 9.7% YoY (year-over-year) in the first ten months of 2018.
Market Realist•yesterdayIs There More Heat Left in Freeport-McMoRan’s Rally?
Freeport-McMoRan (FCX), the leading US-based copper miner, has seen a significant upside after the stock fell to its 52-week low after its third-quarter earnings were released. Although Freeport-McMoRan managed to beat its earnings estimates in the third quarter for the top line and bottom line, investors gave a thumbs down to its earnings.
- Reuters•6 days ago
Vale-BHP Brazil joint venture Samarco names mining executive as new CFO
RIO DE JANEIRO (Reuters) - Brazil's Samarco Mineracao SA, a joint venture between BHP Billiton (BHP.Ax)(BLT.L) and Vale SA (VALE3.SA), on Wednesday named former Usiminas (USIM5.SA) mining executive Cristina ...
- Reuters•6 days ago
Vale-BHP Brazil joint venture Samarco names mining exec as new CFO
Brazil's Samarco Mineracao SA, a joint venture between BHP Billiton and Vale SA, on Wednesday named former Usiminas mining executive Cristina Cavalcanti as its new chief financial officer. Cavalcanti joins ...
Market Realist•7 days agoWhy Iron Ore Stocks Could Struggle to Hold Ground
As we saw in the previous part of this series, iron ore prices have stood their ground despite growing headwinds for China (FXI). As we discussed in the previous part, one of the factors driving iron ore’s resilience is the stocking up by mills ahead of winter production curbs. As restocking completes and winter cuts kick in, the demand for iron ore from China could take a hit.
Market Realist•8 days agoWhat’s Driving Iron Ore Prices despite Weakness Everywhere Else?
Chinese authorities imposed curbs on steel production last year ahead of winter months to reduce pollution. Steel mills are therefore in restocking mode to advance steel production before the curbs kick in. China’s iron ore import data for September also underscored this fact.
- Zacks•8 days ago
BHP Billiton (BHP) Clears Wreckage, Restarts Iron Ore Trains
BHP Billiton (BHP) stated that it will meet contractual supply commitments to its customers despite having to forcibly derail a runaway iron ore train in Western Australia.
Bloomberg•12 days agoExxon’s $2 Billion Canadian Move Shows Confidence When Others Flee
Imperial Chief Executive Officer Rich Kruger puts the rationale for the C$2.6 billion ($2 billion) Aspen project in northern Alberta down to building when others aren’t to save money. The decision comes in stark contrast to moves by Royal Dutch Shell Plc. and ConocoPhillips to sell oil-sands assets, and by locals like Cenovus Energy Inc. and Canadian Natural Resources Ltd. that are curtailing production to weather rock-bottom prices. Imperial is looking at ways to process more heavy crude at its refineries and could place some of the new production in Enbridge Inc.’s Line 3, the one export pipeline that’s under construction and scheduled to be completed late next year.
- Reuters•12 days ago
BHP to meet iron ore commitments despite train derailment: CEO
Global miner BHP Billiton will meet its iron ore commitments to customers despite a supply disruption after it had to derail a runaway ore train in Western Australia, Chief Executive Andrew Mackenzie said on Thursday. The miner suspended its rail operations after the incident on Monday that wrecked track and left a locomotive and wagons upturned nearly 120 km (75 miles) south of Australia's iron ore export hub of Port Hedland. Asked whether BHP would invoke force majeure, Mackenzie told media after the company's annual general meeting in South Australia that he did not expect the miner would let down any of its customers.
- Reuters•13 days ago
BHP intends to meet its supply commitments despite iron ore train derailment
Global miner BHP Billiton (BHP.AX) (BLT.L) said on Thursday that it intends to meet its contractual supply commitments to its customers after it forcibly derailed a runaway iron ore train in Western Australia. BHP said in a statement that it was engaging with its customers and intends to meet its contractual commitments. The miner said it plans to use stockpile reserves at the export hub of Port Hedland to maintain its port operations, but they are not expected to cover the entire period of disruption.
Reuters•13 days agoBHP expects derailed train to impact its Australian iron ore exports
Mining giant BHP Billiton expects some interruption to its Australian iron ore exports after a nearly 3-km-long train loaded with the commodity was forcibly derailed this week after running away en route to a key shipping hub. One of BHP's customers in China, a steel producer, has, however, not yet received any notice from the miner. "We have a long-term contract with BHP and we haven't received a notification so far," said an official at the mill in southern China who declined to be named as he was not authorised to speak to media.
- The Wall Street Journal•14 days ago
[$$] Train Stopping: BHP Derails Runaway Locomotive From 800 Miles Away
Monday’s journey was meant to be a regular rail movement from BHP’s iron-ore mines in Western Australia’s Pilbara region, where temperatures can top 100 degrees Fahrenheit in summer and vast distances separate communities. BHP is taking a more patient approach to the technology, as it worries about congestion on the more than 800-mile rail network that it operates in the Pilbara.
Bloomberg•14 days agoRunaway Iron Ore Train Derailment Will Take BHP a Week to Solve
The company was forced Monday to derail the train that traveled 92 kilometers (57 miles) without a driver across the Pilbara, the nation’s major iron ore producing region. BHP’s iron ore mine operations are unaffected and it’s working with authorities to investigate the cause of the incident, a company spokeswoman said Tuesday. Stockpiles at Port Hedland will be used over the coming days to maintain port operations, BHP said in a statement.
- American City Business Journals•15 days ago
Houston cos. among largest Q3 energy deals; More IPOs expected
MLP rollups drove the largest deals of the quarter, and three of the top five deals had deep roots in Houston.
- Reuters•19 days ago
BHP to return $10.4 billion in buyback, special dividend bonanza
Investors cheered the massive return and the split between a $5.2 billion off-market buyback and a $5.2 billion special dividend, sending BHP's Australian shares up as much as 6.2 percent. BHP had promised to return all of the net proceeds from the $10.8 billion sale of its U.S. shale business to shareholders when the deal was announced in July. "It's good that 100 percent is going back to shareholders," said Stephen Butel, an analyst with Platypus Asset Management, which owns shares in BHP.
- Bloomberg•19 days ago
BHP to Return $10.4 Billion to Shareholders After Shale Sale
The stock rose the most in six weeks in Sydney trading. The off-market buyback of the Sydney-listed shares will start this month and will return $5.2 billion to holders, while the balance will then be paid out as a special dividend, the company said Thursday in a statement. This latest capital management steps will bring the total cash returned to shareholders to $21 billion over the past two years, the company said.
- Reuters•19 days ago
PRESS DIGEST- Wall Street Journal - Nov 1
The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - BHP Billiton Ltd said it would hand $10.4 billion to shareholders ...
- Reuters•20 days ago
PRESS DIGEST- Financial Times - Nov 1
The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines William Hill places bet on online gaming group Mr Green ...
- The Wall Street Journal•20 days ago
[$$] BHP to Return $10.4 Billion to Shareholders
Ltd. said it would hand $10.4 billion to shareholders via a stock buyback and special dividend, as the miner continues to face a campaign against its strategy and structure by activist investor Elliott Management Corp. Analysts said the stock gains reflected an earlier payout to shareholders than many in the market had expected. Like many of its competitors in the global resources industry, BHP had used cash generated during earlier booms in commodity prices to buy assets or invest in expanding its mining operations from Australia to North America.
- CNBC•20 days ago
Asia stocks kick off November with mostly positive results; Softbank dives more than 8 percent
The closely watched Caixin manufacturing Purchasing Managers' Index for China came in above expectations on Thursday.
