|Bid||34.40 x 0|
|Ask||34.53 x 0|
|Day's range||34.35 - 34.62|
|52-week range||25.54 - 35.29|
|PE ratio (TTM)||49.71|
|Earnings date||19 Feb. 2018 - 23 Feb. 2018|
|Forward dividend & yield||1.71 (5.42%)|
|1y target est||25.66|
Investing.com - Asian equities extended gains in afternoon trade on Wednesday as traders awaited the conclusion of the Federals Reserve’s latest policy meeting.
I would reinvest my BHP Billiton Limited (ASX:BHP) dividends in the shares of CSL Limited (ASX:CSL) and two others...
A look at the shareholders of BHP Billiton Limited (ASX:BHP) can tell us which group is most powerful. Institutions often own shares in more established companies, while it’s not unusualRead More...
Investors pursuing a solid, dependable stock investment can often be led to BHP Billiton plc (LON:BLT), a large-cap worth UK£89.33b. Doing business globally, large caps tend to have diversified revenueRead More...
The BHP Billiton Limited (ASX:BHP) dividend is one of three that I think income investors ought to consider today. Here's why...
When Ken MacKenzie was named chairman of BHP Billiton last year, one of the first things he did was hit the road and meet with more than 100 shareholders of the world’s biggest mining company on a “listening tour”.
Our market is poised to rise this morning even as China and the US head towards an all-out trade war with the Asian nation slapping extra tariffs on US$60 billion worth of US imports.
, took home an extra $100,000 last year but did not receive any long-term bonus payments as the company’s performance lagged its peers. The Scottish-born geologist, who has led the world’s biggest mining company since 2013, had a base salary of $1.7m in the year to June, the same as in 2017, plus a short-term bonus of $2.4m, paid equally in cash and deferred shares.
Rising U.S.-China trade tensions threaten to curb consumer purchasing power, crimp productivity growth and limit global economic expansion, according to the world’s biggest mining company. The confrontation between the world’s top two economies, “along with an increasingly unpredictable policy formation process” in some nations, serves to reduce consumer confidence and business certainty, BHP Billiton Ltd. said Tuesday in its annual report. Protectionist policies and political uncertainty lower the achievable ceiling for global economic growth, it said.
Copper miners including Freeport-McMoRan (FCX) and Glencore (GLEN-L) are having a terrible year, as copper prices have lost ~20% year-to-date. Copper miners might not get a reprieve anytime soon. Costs have risen for copper mining companies pretty much across the board.
Anglo American Plc has quietly become a commodities trader. In just five years, the century-old miner assembled marketing operations that now sell more metals than the company produces. Anglo’s move into trading goes against a long-standing industry maxim: miners don’t trade.
The latest earnings update BHP Billiton Limited (ASX:BHP) released in June 2018 indicated that the company gained from a robust tailwind, leading to a double-digit earnings growth of 12.5%. BelowRead More...
As we discussed in the previous part, trade war concerns are a short-term risk for copper prices (XME). However, the long-term outlook seems positive given the supply-demand dynamics. Along with the macro scenario, Freeport-McMoRan (FCX) also faces uncertainty about its Grasberg operations. Although the company announced a non-binding head of agreement with the Indonesian government, it still needs to sign a definitive agreement and address the environmental claims made by the Indonesian government. In this part, we’ll discuss Freeport-McMoRan’s valuation given its risk-return trade-off.
Copper prices have come under pressure this year. While supply resilience has made traders bearish on copper, US-China trade war concerns have taken a toll on copper prices (BHP). Copper prices are seen as an indicator of global economic activity. Traders have betted against copper amid the trade war.
As we discussed in the previous part, Freeport-McMoRan (FCX) has seen negative price action this year. Other copper miners like Southern Copper (SCCO), Glencore (GLEN-L), and Antofagasta (ANTO) have also followed copper lower. For investors in companies like Freeport-McMoRan, the scars of the 2015–2016 sell-off are fresh. In January 2016, Freeport-McMoRan stock fell below $4 as copper prices fell below $4,500 per metric ton.
Freeport-McMoRan (FCX), the leading US-based copper miner (DIA), is having a tough year. The stock has lost 27.7% YTD (year-to-date) based on the closing prices on September 12. Other copper miners are also feeling the heat. Copper is caught in the US-China trade war. Copper prices are hovering near $6,000 per metric ton. In June, copper rose past $7,200 per metric ton to a four-year high.
Strong operational performance, lower debt, investments and a simplified portfolio will aid growth at BHP Billiton (BHP) despite a supply glut in iron ore weighing on prices.