GLEN.L - Glencore Plc

LSE - LSE Delayed Price. Currency in GBp
362.10
+2.25 (+0.63%)
At close: 5:02PM GMT
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Previous Close359.85
Open359.95
Bid357.50 x 1586300
Ask365.00 x 294500
Day's Range356.85 - 364.95
52 Week Range260.50 - 388.25
Volume28,579,422
Avg. Volume37,446,022
Market Cap51.64B
Beta3.13
PE Ratio (TTM)12.40
EPS (TTM)29.20
Earnings DateFeb 21, 2018 - Feb 26, 2018
Forward Dividend & Yield0.07 (1.45%)
Ex-Dividend Date2017-09-07
1y Target Est5.28
  • Glencore Sees Nickel in Best Shape in Decade Before EVs Take Off
    Bloomberg7 hours ago

    Glencore Sees Nickel in Best Shape in Decade Before EVs Take Off

    Glencore Plc is seeing the best market conditions for nickel in at least a decade, and electric cars are barely playing a part yet.

  • The Wall Street Journal13 hours ago

    [$$] Glencore Upends Board of Congo Unit Amid Probe

    A Glencore copper operation in the Democratic Republic of Congo faces scrutiny from Canadian regulators over financial statements and disclosures related to international bribery and anticorruption laws. ...

  • Glencore's Trouble in Congo Claims Its Highest Profile Victim
    Bloombergyesterday

    Glencore's Trouble in Congo Claims Its Highest Profile Victim

    Two weeks after the Paradise Papers leak brought a wave of scrutiny over Glencore’s dealings in the Democratic Republic of Congo, the company is facing another scandal.

  • Top Glencore executive quits Katanga board after accounting lapse
    Reutersyesterday

    Top Glencore executive quits Katanga board after accounting lapse

    Katanga, which operates cobalt and copper mines in Democratic Republic of Congo, said Aristotelis Mistakidis, Liam Gallagher and Tim Henderson had tendered their resignations, effective immediately. As head of the copper group, one of six groups in Glencore's metals and minerals unit, Mistakidis is one of Glencore's most senior executives.

  • Reutersyesterday

    Top Glencore executive quits Katanga board after accounting lapse

    Three Glencore Plc executives, including the head of its copper group, have stepped down from the board of subsidiary Katanga Mining Ltd after an internal review identified weaknesses in its financial reporting controls, Katanga said on Monday. Katanga, which operates cobalt and copper mines in Democratic Republic of Congo, said Aristotelis Mistakidis, Liam Gallagher and Tim Henderson had tendered their resignations, effective immediately.

  • Market Realistyesterday

    How Could Freeport’s Balance Sheet Look Next Year?

    Freeport’s balance sheet could look strong next year if copper prices hold near the current price levels.

  • Glencore's Copper Head Steps Down From Congo Unit Amid Probe
    Bloombergyesterday

    Glencore's Copper Head Steps Down From Congo Unit Amid Probe

    Glencore Plc’s head of copper and two other executives stepped down as directors of the trader’s Congolese copper and cobalt unit, Katanga Mining Ltd., after an internal review found "material weaknesses" ...

  • Reutersyesterday

    Glencore appoints CFO to Katanga's board after review

    Diversified miner Glencore Plc on Monday said it noted material weaknesses identified in Katanga Mining Ltd internal controls over financial reporting. The company also nominated three new directors to ...

  • Shell's Muller quits as world's biggest crude oil trader
    Reuters4 days ago

    Shell's Muller quits as world's biggest crude oil trader

    The world's most powerful crude oil trader, Royal Dutch Shell's (RDSa.L) head of oil trading Mike Muller, has stepped down after 29 years with the company, an internal announcement reviewed by Reuters on Friday showed. Muller, whose desk trades more oil than any rival, has relinquished his role with immediate effect and will leave at the end of the year "to pursue interests outside of Shell". Mark Quartermain, currently head of refined products trading, has been appointed Vice President Trading and Supply Crude with effect from Dec. 1.

  • Reuters4 days ago

    British stocks fall back as Carillion crashes, Sky soars

    British stocks fell back into the red on Friday, ending a short-lived recovery, as takeover interest boosted Sky and construction firm Carillion plummeted after warning it would breach debt covenants. The FTSE 100 (.FTSE) marked its second week of losses as a worldwide sell-off took the shine off risky assets, and Thursday's bounce proved to have little staying power. Corporate news drove the most attention-grabbing moves, from Sky on the blue-chip index to Carillion among small-caps.

  • Reuters4 days ago

    Hedge fund bet on Glencore backfires with $100 million loss

    London hedge fund giant Lansdowne Partners lost $100 million (£75.7 million) from a long-term bet against Glencore (GLEN.L) this year after the spectacular recovery of the miner took some by surprise. For Lansdowne, that bet had generated returns in 2014 and 2015, when Glencore more than other major miners was dragged down by falling commodity prices and concerns about its level of debt. Filings with British regulator the Financial Conduct Authority (FCA) showed Lansdowne was borrowing more than 0.5 percent of the stock on the expectation the price would fall - a tactic called "shorting" - between July 2014 and August 2017.

  • Reuters6 days ago

    Mining and oil stocks send FTSE to five-week lows

    By Kit Rees LONDON (Reuters) - British stocks suffered their fifth straight day of losses on Wednesday, dragged to five-week lows by big falls in mining and energy shares. The blue-chip FTSE 100 (.FTSE) ...

  • Reuters6 days ago

    Glencore says grain M&A hunt goes on after it passes on several targets

    Commodities giant Glencore (GLEN.L) has made unsuccessful moves for three or four smaller targets in the grain sector this year as it seeks acquisitions to grow upstream, the head of its agricultural arm said. "We have looked at three or four possibilities in our core area already this year but couldn't reach agreement with the seller," Chris Mahoney, chief executive of Glencore Agriculture, told the Global Grain conference in Geneva. Glencore remained focused on acquisitions for growth, and saw scope for consolidation in the grain sector due to excess capacity, Mahoney said, reiterating comments made at another commodity conference this year.

  • Reuters6 days ago

    Glencore says grain M&A hunt goes on after it passes on several targets

    Commodities giant Glencore has made unsuccessful moves for three or four smaller targets in the grain sector this year as it seeks acquisitions to grow upstream, the head of its agricultural arm said. "We have looked at three or four possibilities in our core area already this year but couldn't reach agreement with the seller," Chris Mahoney, chief executive of Glencore Agriculture, told the Global Grain conference in Geneva. Glencore remained focused on acquisitions for growth, and saw scope for consolidation in the grain sector due to excess capacity, Mahoney said, reiterating comments made at another commodity conference this year.

  • Reuters6 days ago

    Exclusive: Glencore offers Chad new plan to repay more than $1 billion loan

    Commodities trader Glencore has offered Chad a grace period from principal repayments on a more than $1 billion cash-for-crude loan and extended the deadline for full repayment to 2025 from 2022, a letter seen by Reuters showed. The Central African nation is under pressure to restructure its Glencore debt for a second time after the International Monetary Fund said this year that Chad's external commercial debt, mostly to Glencore, was unsustainable. The Swiss-based commodities trader and miner, which lent Chad the money before oil prices began tumbling in mid-2014, said in the letter to Chad's finance minister that it hoped the proposal would satisfy the IMF, which was copied.

  • Reuters6 days ago

    Exclusive - Glencore offers Chad new plan to repay more than $1 billion loan

    Commodities trader Glencore (GLEN.L) has offered Chad a grace period from principal repayments on a more than $1 billion (£759.6 million) cash-for-crude loan and extended the deadline for full repayment to 2025 from 2022, a letter seen by Reuters showed. The Central African nation is under pressure to restructure its Glencore debt for a second time after the International Monetary Fund said this year that Chad's external commercial debt, mostly to Glencore, was unsustainable. The Swiss-based commodities trader and miner, which lent Chad the money before oil prices began tumbling in mid-2014, said in the letter to Chad's finance minister that it hoped the proposal would satisfy the IMF, which was copied.

  • Reuters6 days ago

    Glencore says looked at 3-4 smaller acquisition targets but could not conclude deal

    Commodities giant Glencore has looked at three or four smaller acquisition targets this year but was unable to conclude deals, the head of the company's agricultural arm said on Wednesday. Chris Mahoney, chief executive of Glencore Agriculture, told the Global Grain conference in Geneva that Glencore nevertheless remained focus on acquisitions for growth and would concentrate on upstream origination assets. Glencore said in May it had made an informal approach to Bunge about "a possible consensual business combination", fanning speculation that the grain trading industry was set for large-scale consolidation after seeing profits eroded by high supply and low prices.

  • Financial Times7 days ago

    [$$] Mick Davis's circling of Rio chair raises spectre of old rivalry

    The news that Mick Davis, the former head of Xstrata, is in the running for one of the biggest jobs in mining as chairman of Rio Tinto has set tongues wagging in the close-knit natural resources industry. ...

  • Financial Times7 days ago

    [$$] Rio chairmanship: taking the Mick

    More than 250,000 people work for the big four UK-listed miners. The cadre of executives who tell them what to do is "the smallest club in the world", according to one insider. Even so, the news ...

  • Reuters7 days ago

    Former Xstrata chief Davis eyed for Rio Tinto chairman's job - FT

    Rio Tinto (RIO.AX)(RIO.L) investors gave a mixed reaction to a report that former senior mining executive Mick Davis, now chief executive of Britain's ruling Conservative Party, was well-placed to become the Anglo-Australian miner's next chairman. The Financial Times newspaper reported late on Monday that Davis, the former head of Xstrata and architect of a $62 billion deal that saw it absorbed by Rio rival Glencore PLC (GLEN.L) in 2012, has emerged as a frontrunner for the post. The South African-born businessman has held talks with Rio over the position, the newspaper said, citing unidentified people familiar with the matter.

  • Financial Times8 days ago

    [$$] Anglo American blocked En+ hiring in run-up to IPO

    En+, the metals and energy group controlled by Russian billionaire Oleg Deripaska, was blocked by miner Anglo American from hiring one of its non-executive directors shortly before it listed in London ...

  • Reuters9 days ago

    Australia's Aurizon in talks to buy debt-saddled coal port

    Australian coal rail operator Aurizon Holdings (AZJ.AX) said on Monday it was in talks to buy the Wiggins Island Coal Export Terminal (WICET), which urgently needs to restructure $3 billion in debt. A purchase would mark a change in strategy under new Chief Executive Andrew Harding for Australia's largest rail freight operator, which runs nearly 2,700 kms (1,680 miles) of rail lines transporting millions of tonnes of coal a year. A successful deal would also be a relief for mining giant Glencore (GLEN.L) and four partners who face a September 2018 deadline to start paying down the debt on the world's most expensive coal port.

  • Australia's Top Freight Rail Operator in Talks to Add Coal Port
    Bloomberg9 days ago

    Australia's Top Freight Rail Operator in Talks to Add Coal Port

    Aurizon Holdings Ltd., Australia’s biggest rail freight operator, is in talks to acquire the Wiggins Island Coal Export Terminal as part of a deal that would help it secure long-term volumes and boost ...

  • Oilprice.com10 days ago

    Putin Aims To Profit From China’s Silk Road Initiative

    Despite U.S. sanctions on Russian energy companies, oil giant Rosneft has continued to land major deals on a global stage

  • Glencore Plc breached its 50 day moving average in a Bearish Manner : GLEN-GB : November 10, 2017
    Capital Cube11 days ago

    Glencore Plc breached its 50 day moving average in a Bearish Manner : GLEN-GB : November 10, 2017

    Categories: Europe Stock Alerts Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Glencore Plc. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bearish Closing Price above/below 200 Day Moving Average Bullish 50 ... Read more (Read more...)