GLEN.L - Glencore Plc

LSE - LSE Delayed Price. Currency in GBp
370.60
-4.05 (-1.08%)
As of 12:02PM BST. Market open.
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Previous Close374.65
Open374.60
Bid370.55 x 1586300
Ask370.60 x 294500
Day's Range368.30 - 375.85
52 Week Range230.60 - 386.70
Volume10,456,401
Avg. Volume40,230,609
Market Cap52.85B
Beta3.13
PE Ratio (TTM)12.69
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.07 (1.45%)
Ex-Dividend Date2017-09-07
1y Target EstN/A
  • Financial Times12 hours ago

    [$$] Galvanisers bear the brunt as zinc price soars

    Sir, Neil Hume reports, in "Glencore plan lifts zinc to decade high" (October 6), that Glencore has cut a third of its zinc production to solve a supply glut, and in so doing has increased the ...

  • Iraq Turmoil Threatens Billions in Oil Traders' Kurd Deals
    Bloomberg14 hours ago

    Iraq Turmoil Threatens Billions in Oil Traders' Kurd Deals

    The crisis unfolding around the Iraqi city of Kirkuk has left some of the world’s largest commodity trading houses worried the country’s autonomous Kurdish region will struggle to repay billions of dollars ...

  • Iraq Turmoil Threatens Billions in Oil Trader Deals With Kurds
    Bloomberg14 hours ago

    Iraq Turmoil Threatens Billions in Oil Trader Deals With Kurds

    The crisis unfolding around the Iraqi city of Kirkuk has left some of the world’s largest commodity trading houses worried the country’s autonomous Kurdish region will struggle to repay billions of dollars ...

  • Reuters17 hours ago

    Glencore to swap Rusal stake for shares in Russia's En+

    Glencore (GLEN.L) will swap its 8.75 percent stake in Russian aluminium giant Rusal for shares in En+ Group, an aluminium and hydropower group controlled by tycoon Oleg Deripaska, En+ said on Wednesday. Glencore will be entitled to appoint its chief executive to the board of directors of En+ after the share swap.

  • Reuters2 days ago

    China's CEFC eyes big league with Rosneft oil offtake deal

    BEIJING/MOSCOW (Reuters) - As part of its recent $9.1 billion investment in Russian oil giant Rosneft (ROSN.MM), little-known CEFC China Energy will have access to up to 260,000 barrels per day (bpd) of Russian oil - giving it the sort of market clout to potentially challenge dominant Western oil traders like Vitol. For China, the world's top crude importer, having access to Russian oil would be a big step towards its ambition to create a globally integrated oil supply chain. The CEFC deal comes in parallel to a Chinese offer to buy a 5 percent stake in Saudi Aramco, the world's biggest crude oil exporter.

  • With A Recent ROE Of 3.98%, Can Glencore Plc (LSE:GLEN) Catch Up To Its Industry?
    Simply Wall St.2 days ago

    With A Recent ROE Of 3.98%, Can Glencore Plc (LSE:GLEN) Catch Up To Its Industry?

    Glencore Plc (LSE:GLEN) delivered a less impressive 3.98% ROE over the past year, compared to the 9.67% return generated by its industry. Though GLEN’s recent performance is underwhelming, it isRead More...

  • Financial Times2 days ago

    [$$] Cobalt stand-off key to future of electric vehicles

    Volkswagen's failed attempt to secure at least five years' supply of cobalt highlights the challenge facing the world's biggest carmakers as they attempt to secure the materials needed for their push into ...

  • Reuters3 days ago

    Where's the money? oil traders ask as peak demand looms

    For major trading houses that ship millions of barrels of oil every day, the prospect of diminishing fuel demand and a shift to renewable power poses a brain-racking challenge with few obvious solutions. "It is a very fair question - what the hell are we going to do?" said Ian Taylor, chief executive of the world's top oil trader Vitol, which trades seven percent of the world's oil. Vitol, as well as rivals including Glencore (GLEN.L) and Gunvor, sees many growth opportunities in the bread-and-butter business of oil trading as economies in Asia, Latin America and Africa grow producing demand for oil.

  • The Wall Street Journal5 days ago

    [$$] Glencore, Bunge in Standstill Agreement

    Glencore has a standstill agreement that temporarily prevents it from making a hostile bid for Bunge, according to people familiar with the matter, raising the possibility Glencore will renew its effort ...

  • Reuters6 days ago

    Bunge shares jump after WSJ reports Glencore standstill agreement

    Shares of U.S. commodities trader Bunge Ltd surged on Friday after the Wall Street Journal reported that Glencore PLC had a standstill agreement that temporarily prevents the Swiss company from making a hostile bid for Bunge. Bunge had rebuffed a takeover approach by Glencore in May. Speculation has swirled for months that Glencore would make another takeover approach. The standstill agreement suggests it is still interested in a deal and may be only biding its time, the newspaper said.

  • Reuters7 days ago

    Rio Tinto's $2 billion coal assets attract investor consortium - sources

    A group of investors including buyout firm Apollo and pension fund Canada Pension Plan (CPP) is bidding for coal assets put up for sale by mining giant Rio Tinto (RIO.L), which could fetch $2 billion (1.52 billion pounds), sources familiar with the matter told Reuters. The sale, run by Credit Suisse, of the Kestrel and Hail Creek coking coal mines is part of Rio's (RIO.AX) planned exit from Australian coal to focus on iron ore, copper and aluminum.

  • Reuters8 days ago

    Glencore sees record oil trading volumes as margins shrink

    Glencore (GLEN.L) looks set to cement its position as the world's second-largest oil trader as it tries to offset low volatility and tight margins with record volumes this year, its global head of oil, Alex Beard, told Reuters. The figure represents around 6 percent of global supply and only rival Vitol trades more oil, at some 7 million bpd. Beard said trading conditions had become difficult this year due to low oil price volatility and a reversal in the oil price curve, which has stopped encouraging oil storage after backdated prices flipped from a premium to a discount to prompt prices.

  • PIC Is Said to Mull Backing Bid for Chevron's S. Africa Unit
    Bloomberg8 days ago

    PIC Is Said to Mull Backing Bid for Chevron's S. Africa Unit

    Africa’s biggest fund manager is interested in taking part in the acquisition by Glencore Plc and a group of black South African-owned companies of Chevron Corp.’s assets in the country, according to three ...

  • Bloomberg9 days ago

    South Africa Seeks Glencore, Vitol Talks as Legal Fight Looms

    South Africa plans to engage with traders who acquired strategic oil reserves two years ago, even as it prepares legal action to try to cancel the deal.

  • Market Realist10 days ago

    Which Major Copper Stock Has the Most ‘Buy’ Recommendations?

    Glencore (GLEN-L) was the third-largest copper producer last year, after Codelco and Freeport-McMoRan (FCX).

  • Chevron to Sell South African Assets to Glencore for $973M
    Zacks10 days ago

    Chevron to Sell South African Assets to Glencore for $973M

    The deal takes Chevron's (CVX) $15 billion divestment program forward as the company remains focused to slash costs and streamline business models.

  • Reuters13 days ago

    Glencore pips Sinopec to buy Chevron's South African assets

    Commodities trader and miner Glencore (GLEN.L) has swooped in to replace China's Sinopec as the buyer of Chevron's South African and Botswana assets after reaching a deal with local investors. The assets include a 100,000 barrel-per-day oil refinery in Cape Town, a lubricants plant in Durban as well as 820 petrol stations and other oil storage facilities. It also includes 220 convenience stores across South Africa and Botswana.

  • Reuters13 days ago

    Glencore pips Sinopec to buy Chevron's South African assets

    Commodities trader and miner Glencore has swooped in to replace China's Sinopec as the buyer of Chevron's South African and Botswana assets after reaching a deal with local investors. The assets include a 100,000 barrel-per-day oil refinery in Cape Town, a lubricants plant in Durban as well as 820 petrol stations and other oil storage facilities.

  • TheStreet.com13 days ago

    Glencore to Pay $973 Million for Stake in Chevron's South Africa, Botswana Units

    The deal includes manufacturing, retail and industrial supply operations in both countries.

  • Glencore's Double-Deal Week Adds African Oil and Peru Zinc
    Bloomberg13 days ago

    Glencore's Double-Deal Week Adds African Oil and Peru Zinc

    Even for commodities deal king Ivan Glasenberg, it’s been a busy week.

  • Glencore-led Australian coal port eyes $3 billion debt rejig - sources
    Reuters13 days ago

    Glencore-led Australian coal port eyes $3 billion debt rejig - sources

    Mining giant Glencore (GLEN.L) and its partners are proposing to repay part of $3 billion (£2.3 billion) owed on the world's most expensive coal terminal, two lenders familiar with the matter said, in a bid to stave off a rapidly approaching deadline for full repayment. If the refinancing fails to go ahead by next September, loan terms require Glencore and four remaining partners in Wiggins Island Coal Export Terminal (WICET) on Australia's east coast to pay off the full amount over the following decade. WICET first proposed the restructuring to the lenders' representative, McGrathNicol, last week, according to the people, who have knowledge of the financing talks but declined to be identified because negotiations were confidential.

  • Reuters14 days ago

    Sterling slide boosts Britain's FTSE, basic resources, oil stocks jump

    By Helen Reid and Julien Ponthus LONDON (Reuters) - A sharp fall in sterling boosted Britain's main share index on Thursday, with basic resources and oil and gas stocks contributing most to the upswing. ...

  • Financial Times14 days ago

    [$$] Glencore's zinc strategy pays off with prices at a decade high

    In October 2015 Glencore stunned metals markets with a dramatic intervention in one of its most important commodities. The Swiss-based miner and trader announced plans to cut a third of its zinc production, ...

  • Glencore Getting What It Wants in Zinc
    Bloomberg15 days ago

    Glencore Getting What It Wants in Zinc

    Two years ago, the world’s largest zinc miner needed to cut production to turn around a bloated market. Now, supply is the tightest in years and Glencore Plc wants to get bigger.

  • Glencore Galvanizes Zinc
    Bloomberg15 days ago

    Glencore Galvanizes Zinc

    Three producers with a combined 25 percent market share is a more rational state of affairs.