48.30 0.00 (0.00%)
After hours: 4:42PM EST
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||47.76 - 48.30|
|52 Week Range||33.37 - 50.79|
|PE Ratio (TTM)||21.88|
|Forward Dividend & Yield||1.72 (3.53%)|
|1y Target Est||44.15|
Iron ore prices in 2017 were characterized by elevated volatility. The iron ore price (XME) average in February up to February 21 was $76.8 per ton. Ahead of the holiday week in China, iron ore prices kept rallying on optimism about the global demand for raw materials.
BHP Billiton Ltd and ExxonMobil Corp's Esso Australia said on Friday they have dropped a sale process started 20 months ago for some of Australia's oldest and largest oilfields. "BHP and Esso have reached a decision to not progress with the sale of some offshore assets owned by the Gippsland Basin Joint Venture," a BHP spokeswoman said in an email. The venture in Australia's Victoria state began operations in 1969, according to BHP's website.
Two of the world’s biggest energy producers have abandoned the sale of some of Australia’s oldest oil fields after running a 20-month sales process.
BHP Billiton Ltd and ExxonMobil Corp's Esso Australia drop a sale process started 20 months ago for some of Australia's oldest and largest oilfields.
BHP Billiton (BHP.AX) (BLT.L) will not move its low tax-paying Singapore marketing hub even if Australia goes ahead with plans to cut corporate taxes, Chief Executive Andrew Mackenzie said on Thursday. BHP's Singapore office is the focus of a long-running fight with Australia's tax office, which argues the company is shifting profit to Singapore on the sales of its mostly Australian products to minimise tax. Mackenzie reiterated the company has to base its marketing operations in Singapore to be close to its customers, most of whom are in Asia, and would not move it to Australia.
Steelmakers in China are about to get back to business full-time. When unprecedented winter supply curbs lapse in the coming weeks, BHP Billiton Ltd. forecasts mills in the top producer will step up output, ...
Automotive giant Toyota has found a way to make electric cars cheaper and less vulnerable to shortages of key elements needed in rechargeable batteries
Among other factors, expectations of supply-side disruptions at leading copper mines boosted copper market sentiment. To be sure, several labor contracts at leading copper mines—including BHP Billiton’s (BHP) Escondida—are coming up for negotiation this year. Last year, we saw labor action at several mines, including Escondida and Freeport-McMoRan’s (FCX) Grasberg, which are the world’s largest copper mines (ANTO).
I asked the chairman of the White House Council on Environmental Quality for the George W. Bush Administration whether Trump has done anything that will save the coal industry. "No," he said.
BHP Billiton, its net profit off 37%, signaled it may be willing to yield to activist investor Elliott Management’s latest assault on its corporate structure, even as it lifted its dividend 38%.
Moody's Investors Service says BHP Billiton Limited's (A3 positive) performance for the half-year ended 31 December 2017 (1H 2018) is credit positive and strengthens the company's position within its credit ...
European stocks closed higher Tuesday, aided by a pullback in the euro on news of a potentially favorable development for the U.K. in its Brexit negotiations with the European Union.
Royal Dutch Shell Plc said it’s potentially interested in BHP Billiton Ltd.’s oil assets on sale in the Permian basin in the U.S. as it seeks to boost its role in shale.
S&P 500, Dow and Nasdaq futures signaled a lower open Tuesday after Walmart and BHP Billiton missed on earnings. Home Depot had strong results.
BHP Billiton, the world’s largest mining company, has brushed aside calls by an activist investor to simplify its corporate set-up as it announced its highest half-year profit since 2014. Andrew Mackenzie, ...
The UK's top share index inched lower on Tuesday, weighed down by a disappointing update from banking heavyweight HSBC and declines in big mining stocks on metal price weakness. The FTSE index was down 0.16 percent at 7,236 points by 0825 GMT, underperforming a broadly positive European market, while the mid-cap index added 0.7 percent, helped by news of a possible bid for software firm Fidessa.
U.K. blue-chip stocks edged lower Tuesday, as investors dashed out of shares of London-listed heavyweights HSBC and BHP Billiton after financial updates from the bank and the miner, making for a tentative ...
All the major miners have recovered strongly as commodity prices have rebounded from the 2015-16 crash. BHP is also battling with activist investor Elliott Advisors, which has made a series of demands that it says would increase shareholder returns. BHP Chief Executive Andrew Mackenzie said the miner expected to boost free cash flow to around $7 billion in the second half, up from $5 billion in the first half if spot prices for its commodities stay at current levels.
Feb.20 -- Bloomberg's Paul Allen reports on the Australian stock market. He speaks with Ramy Inocencio and Yvonne Man on "Bloomberg Daybreak: Australia."
Feb.20 -- Andrew Mackenzie, chief executive officer at BHP, discusses their plans to exit the shale business and how that will impact shareholders. He speaks with Bloomberg's Jonathan Ferro on "Bloomberg Markets: The Open."
Global miner BHP reports a 25 percent rise in underlying half-year profit, and hands an extra $800 million to shareholders, but it falls short of analyst forecasts and rising costs drag down the shares. Sonia Legg reports.