GLEN.L - Glencore plc

LSE - LSE Delayed Price. Currency in GBp
338.20
-2.10 (-0.62%)
At close: 4:35PM BST
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Previous Close340.30
Open340.00
Bid338.30 x 1586300
Ask338.30 x 294500
Day's Range334.30 - 340.15
52 Week Range268.35 - 409.80
Volume23,884,135
Avg. Volume39,746,570
Market Cap46.283B
Beta (3Y Monthly)1.10
PE Ratio (TTM)14.09
EPS (TTM)24.00
Earnings DateFeb 19, 2019 - Feb 25, 2019
Forward Dividend & Yield0.15 (5.04%)
Ex-Dividend Date2019-04-25
1y Target Est4.95
  • Reuters3 days ago

    Katanga names Glencore Coal's chief development officer for top job

    Katanga Mining Ltd, a unit of Glencore Plc, on Wednesday named Glencore Coal's chief development officer Jeff Gerard to the top job, taking over from Danny Callow. The appointment comes less than two months after Glencore, the world's biggest supplier of seaborne coal, said it would limit annual coal production capacity to current levels of about 150 million tonnes after discussion with its investors. Gerard will take over on May 2 and will also serve as the head of Glencore's assets in the Democratic Republic Of Congo (DRC) and oversee its Mutanda mining operation in the country.

  • Reuters3 days ago

    Katanga names Glencore Coal's chief development officer for top job

    Katanga Mining Ltd, a unit of Glencore Plc, on Wednesday named Glencore Coal's chief development officer Jeff Gerard to the top job, taking over from Danny Callow. The appointment comes less than two months after Glencore, the world's biggest supplier of seaborne coal, said it would limit annual coal production capacity to current levels of about 150 million tonnes after discussion with its investors. Gerard will take over on May 2 and will also serve as the head of Glencore's assets in the Democratic Republic Of Congo (DRC) and oversee its Mutanda mining operation in the country.

  • Reuters3 days ago

    Glencore Coal chief development officer named Katanga CEO

    Katanga Mining Ltd, a unit of Glencore Plc, on Wednesday named Glencore Coal's chief development officer Jeff Gerard to the top job, taking over from Danny Callow. Gerard will take over on May 2 and will ...

  • Reuters4 days ago

    Australia's flood-damaged Mt Isa zinc railway to reopen April 29

    A railway that carries zinc from major producers such as Glencore across Australia's Outback is expected to reopen this month, Queensland's transport minister said on Tuesday. "Every resource has been made available to accelerate recovery works," Mark Bailey said in a statement. "Queensland Rail expects to reopen the full length of the 1,000-km Mount Isa line from Monday, April 29," he said.

  • Reuters5 days ago

    Glencore's Katanga Mining unit resumes cobalt exports from DRC

    Katanga Mining Ltd, a unit of Glencore Plc, said on Monday it resumed exporting and selling a limited quantity of cobalt from its Kamoto Project in the Democratic Republic of Congo (DRC). The company said in November it had temporarily suspended the export and sale of cobalt from the project after uranium was found in levels above the acceptable limit for export. Katanga said on Monday it produced about 930 tonnes of contained cobalt since January through interim operational solutions.

  • Financial Times6 days ago

    Glencore to resume DRC cobalt exports

    Glencore has resumed shipments of cobalt from its giant Kamoto mine in the Democratic Republic of Congo. The Swiss miner and commodity trader was forced to halt sales late last year after discovering traces of uranium in cobalt. Glencore was then told in January to stop working on the system after the DRC’s ministry of mines raised technical concerns.

  • Reuters8 days ago

    FTSE 100 up as financials, miners lead charge; Plus500 tanks

    The FTSE 100 was up 0.3 percent and the FTSE 250 rose 0.5 percent to cling to a six-month high hit in the previous session to cap off a third straight week of gains. Plus500 slumped more than 31 percent on its worst day in almost four years after its quarterly revenue plummeted to below a fifth of a year earlier. It took a hit from less market volatility creating fewer trading opportunities and new rules affecting retail clients.

  • Reuters8 days ago

    W. Africa Crude-Angolan set to clear as June programme looms

    Trading activity was muted on Friday as Angolan May-loading crude cargoes dwindled ahead of the release of the June programmes early next week. May-loading Nigerian cargoes continued to trade slowly as ...

  • Reuters9 days ago

    W. Africa Crude-Spot activity grinds to a halt ahead of new programme

    Angola's June loading programme is expected to emerge next week, traders said on Thursday, while the emergence of the Nigerian schedules is unlikely to appear until after the Easter holiday. * Chevron was still offering a cargo of Cabinda at dated Brent plus $1.70 and Glencore was offering end-May Saxi at dated Brent plus $1.50. * India's IOC awarded its buy tender for West African crude loading June 1-10 to Total and Vitol.

  • Reuters9 days ago

    European shares recover, airline stocks zoom on Brexit delay

    European shares ground higher on Thursday, buoyed by gains among bank and travel stocks, with risk appetite aided by a European Central Bank official expressing willingness to support the euro zone. French central bank head Francois Villeroy de Galhau said that the euro zone was not in the situation of Japan and that the ECB was "not short of ammunition" to accelerate price growth and buoy the economy.

  • Financial Times9 days ago

    Stocks to watch: Marks and Spencer, Ocado, Glencore, LVMH, Hiscox

    ● Credit Suisse downgraded Marks and Spencer to “underperform” from “neutral” with a 250p target price. Two-thirds of shoppers now visit Aldi and Lidl, and while M&S has been relatively protected from competition to date, the threat is growing as the discount chains target more affluent areas, Credit Suisse said. It cited Kantar industry data showing M&S losing more market share to Aldi than any other retailer.

  • How Trafigura lost $254 million on oil and gas hedges
    Reuters10 days ago

    How Trafigura lost $254 million on oil and gas hedges

    One of the world's biggest traders, Trafigura, booked a $254 million (£195 million) loss from oil and gas market hedges last year, highlighting the challenges traders face when taking large loans to protect against price swings in illiquid commodities. To be sure, those losses are on paper and could be eliminated or turn into gains in the future if the market turns in Trafigura's favour. The hedging losses at privately owned Trafigura, which made a net profit of $873 million last year, have not been previously reported.

  • Reuters11 days ago

    Glencore wins $520 mln deal to sell coal to Mexico

    Global trader Glencore has won contracts worth around $520 million to supply 4.94 million tonnes of coal to Mexico, state-run power utility the Federal Electricity Commission (CFE) said on Tuesday. The utility said in a statement that by offering the best price, Glencore won all 12 auctions held to supply a CFE plant in the southwestern state of Guerrero with the coal, for delivery between May and December of this year. The contracts were worth around $519.6 million in total, a CFE spokesman said.

  • Financial Times11 days ago

    Thermal coal prices enter bear market territory

    One worrying sign for the global economy: Thermal coal — burnt in power stations to generate electricity — has slumped into bear market territory, with benchmark prices around the world dropping to multiyear lows before recovering. from Asia hit natural gas prices and ultimately demand for coal. The fossil fuel is a key source of income for miners including Glencore, Peabody Energy and Whitehaven Coal.

  • Reuters11 days ago

    CRU-CESCO-Chile´s Collahuasi copper mine expects to match 2018 record output this year -CEO

    Chilean miner Collahuasi this year expects to match its 2018 production of copper, an all-time high for the company, its top executive said on Tuesday. Collahuasi, majority owned by Anglo American and Glencore, is a copper mine located in northern Chile and among the world´s largest. Last year the mine produced 560,000 tonnes of copper, placing it among Chile´s top three producing mines.

  • Reuters11 days ago

    CRU-CESCO-Antofagasta to stay put on dividend policy but will return cash to shareholders

    Chilean miner Antofagasta Plc will retain its dividend policy of paying out at least 35 percent of underlying net earnings but will pay out excess funds from the proceeds of sales to shareholders, its chief executive said. "If you look at the last three or four years, we have been distributing close to around 50 percent of net earnings.

  • Glencore Is Top Codelco Customer as Copper-Trading Reach Expands
    Bloomberg11 days ago

    Glencore Is Top Codelco Customer as Copper-Trading Reach Expands

    The commodities giant was easily Codelco’s biggest buyer last year, according to a Bloomberg analysis of data from the Chilean state copper producer. Codelco is a prized relationship among traders as it sells in large volumes and its copper is in high demand among buyers in key markets like China and Japan. The data, which show that Glencore accounted for more than a tenth of Codelco’s sales last year, highlight how the miner and trader has expanded its already market-leading position in the copper market since it bought Xstrata Plc in 2013.

  • Reuters16 days ago

    Explainer: How countries are getting tougher with mining companies

    A mix of political populism, higher commodity prices and the expectation electrification will spur demand for some raw materials has led resource-holding governments to change the rules for miners operating in their countries. In most cases, governments are seeking to increase their share of profits, rather than all-out resource nationalism, although Mongolia has been trying to nationalise a stake in a copper mine. Some governments see the hardened stance of other countries as a chance to lure investment.

  • Moody's16 days ago

    United Company RUSAL Plc -- Moody's assigns Ba3 rating to RUSAL and B1 rating to its notes

    Moody's Investors Service ("Moody's") has today assigned a corporate family rating (CFR) of Ba3, probability of default rating (PDR) of Ba3-PD to United Company RUSAL Plc (RUSAL), one of the largest aluminium producers in the world. Concurrently Moody's assigned a B1 (LGD 5) rating to the senior unsecured notes issued by Rusal Capital D.A.C., a wholly owned subsidiary of RUSAL.

  • Reuters16 days ago

    EXPLAINER-How countries are getting tougher with mining companies

    A mix of political populism, higher commodity prices and the expectation electrification will spur demand for some raw materials has led resource-holding governments to change the rules for miners operating in their countries. In most cases, governments are seeking to increase their share of profits, rather than all-out resource nationalism, although Mongolia has been trying to nationalise a stake in a copper mine. Some governments see the hardened stance of other countries as a chance to lure investment.

  • Reuters19 days ago

    Former Louis Dreyfus boss was ousted after Glencore overture: FT

    LDC, one of the world's largest agricultural commodity traders, announced last September the surprise departure of Gonzalo Ramirez Martiarena, along with that of its finance chief, the latest in a series of management reshuffles under controlling shareholder Margarita Louis-Dreyfus. Citing people familiar with the matter, the FT said Ramirez's departure was the result of an attempt to start discussions with Glencore Agri, a joint venture between the Switzerland-based commodity trader and two Canadian pension funds. LDC and Glencore were not immediately available for comment.