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Share Name Share Symbol Market Type Share ISIN Share Description
Bhp Group Plc LSE:BHP London Ordinary Share GB00BH0P3Z91 ORD $0.50
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  23.50 1.02% 2,337.50 2,342.50 2,343.50 2,362.00 2,312.50 2,330.50 7,138,557 16:35:08
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 34,658.1 10,906.6 127.0 20.8 49,370

Bhp Share Discussion Threads

Showing 1026 to 1042 of 1050 messages
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Copper is ‘the new oil’ and low inventories could push it to $20,000 per ton, analysts say Published Thu, May 6 202112:37 AM EDT Elliot Smith @ElliotSmithCNBC Key Points In a note Tuesday, Bank of America commodity strategist Michael Widmer highlighted inventories measured in tons are now at levels seen 15 years ago. Given the fundamental environment and the depleted inventories, Widmer said copper may spike to $13,000/t in the coming years after recently notching $10,000 for the first time in a decade. David Neuhauser, founder and managing director of U.S. hedge fund Livermore Partners, told CNBC that copper is “the new oil.”
Rio Tinto 6,408 +4.74% Bhp 2,306 +4.99% Anglo American 3,270.5 +6.29% Glencore 309.9 +4.63%
grupo guitarlumber
BHP draws first oil from $500m Ruby Project, offshore Trinidad Oil & GasUpstreamOffshore By NS Energy Staff Writer 05 May 2021 The offshore oil and gas project is slated to be completed in Q3 2021 Ruby release photo The Ruby Project is contained in the shallow water in Block 3(a). (Credit: BHP) BHP and its partner The National Gas Company of Trinidad and Tobago (NGC) have achieved production of first oil from the $500m Ruby Project, located offshore Trinidad and Tobago. The milestone comes ahead of schedule, less than two years after BHP had sanctioned the offshore oil and gas project in August 2019. The company’s investment share in the oil and gas project is $283m. The Ruby Project is located in the shallow water in Block 3(a) within the Greater Angostura Field. The offshore development is nearly 45km off the north-eastern coast of Trinidad. It involves oil and gas production from the Ruby and Delaware reservoirs through five production wells and a gas injector well, which are tied back into already established operated processing facilities. BHP said that drilling and completion works at the Ruby field are in progress. Subsequent wells are slated to be brought into production in Q2 and Q3 2021. The offshore oil and gas project is anticipated to be completed in the third quarter of this year. Under a contract announced in early 2020, McDermott International has been responsible for providing subsea umbilicals, risers, and flowlines (SURF), transportation, and installation for the project. Following its completion, the Ruby Project is estimated to produce up to 16,000 gross barrels of oil per day and 80 million gross standard cubic feet of natural gas per day. The offshore field has 13.2 million barrels of oil and 274 billion cubic feet of natural gas in estimated recoverable 2C Resources. BHP petroleum president Geraldine Slattery said: “The start-up of Ruby represents continued development of BHP’s oil and gas production facilities in Trinidad and Tobago, re-enforces the quality of the resource and its investment competitiveness. “An Ocean Bottom Node (OBN) seismic survey acquired by BHP and the Block 3(a) partners in 2018, was utilised to illuminate and optimally position the Ruby Project development wells. This marks a significant milestone for our Petroleum business and our future in Trinidad and Tobago.” BHP is the operator of the Ruby development with a stake of 68.46%, while NGC holds the remaining stake of 31.54%.
Dominic O'Kane from JP Morgan retains his positive opinion on the stock with a Buy rating. The target price is still set at GBX 2640.
BHP Group Ltd., the world's largest mining company by market value, on Wednesday reported a 4% fall in third-quarter iron-ore output, alongside a 9% drop in copper production and a 7% lift in petroleum volumes. Here are some remarks from that report: On Chile copper mines: "For the nine months to March 2021, our Chilean assets continued to operate with a substantial reduction in their operational workforces as a result of Covid-19 restrictions. The operating environment across our Chilean assets is expected to become more challenging in the June 2021 quarter, given escalating Covid-19 infections, increased pressures on Chile's health system and border restrictions. Reductions in our on-site workforce are forecast to remain substantial." On iron-ore output: "Western Australia Iron Ore production increased by 3% to a nine-month record 187 million tons, reflecting record production at Jimblebar and strong performance across the supply chain, with improved train cycle times and car dumper performance and reliability. This record performance was achieved despite significant weather impacts in December 2020, January 2021 and February 2021, and the planned Mining Area C and South Flank major tie-in activity. Commissioning activities for South Flank are expected to commence in the June 2021 quarter." On projects: "We are reliably executing our major projects, bringing on new supply in copper, petroleum and iron ore. The Spence Growth Option and Samarco are ramping up and West Barracouta, in Petroleum, started production this month. First production from Petroleum's Ruby project is expected in the coming weeks and South Flank, with its higher grade and lump proportion, is on track to begin production in the middle of the year." On coal production: "At Queensland Coal, strong underlying operational performance, including record stripping at BMA and record production at Goonyella, was offset by significant wet weather impacts across most operations and planned wash plant maintenance at Saraji and Caval Ridge in the first half of the year. At South Walker Creek, production decreased despite record truck and shovel stripping in the March 2021 quarter, as a result of higher strip ratios due to ongoing impacts from geotechnical constraints and lower yields." Write to Rhiannon Hoyle at (END) Dow Jones Newswires April 20, 2021 19:48 ET (23:48 GMT)
SYDNEY--BHP Group Ltd. said it will likely produce more copper than expected this fiscal year but less coal, as it reported a 4% fall in third-quarter iron-ore output because of bad weather and maintenance. The world's No. 1 miner by market value on Wednesday raised its annual production forecast for its copper division, despite quarterly output falling by 9% in the three months through March compared with a year earlier, to 391,400 metric tons. BHP said the Escondida mine in Chile has been running better than anticipated even as it operates with a substantially slimmed-down workforce because of pandemic restrictions. The miner raised its full-year copper guidance to 1.535 million-1.660 million tons. It had previously forecast annual output of 1.510 million-1.645 million tons. Expectations of stronger output prompted BHP to lower its mining-cost estimate at Escondida for the fiscal year. It now expects unit costs of between $0.95 and $1.10 a pound versus an earlier forecast of $1.00-$1.25 a pound. Grappling with weather-related disruptions in Australia, BHP said it produced 59.9 million metric tons of iron ore during the three-month period, down 4% year-on-year. Still, iron-ore output was up 4% to 188.3 million tons for the first nine months of its fiscal year versus the same period a year earlier, helping the miner to benefit from a surge in the iron-ore price to an almost-decade high. The company kept its annual iron-ore production forecast unchanged, at 245 million-255 million tons, although it said output is likely to be in the upper half of that range. The miner downgraded its guidance for metallurgical coal output, to 39 million-41 million tons from 40 million-44 million previously, citing weather-related disruptions in Australia. It consequently raised the unit-cost guidance for its Queensland Coal business to $74-$78 a ton, from an earlier estimate of $69-$75/ton. BHP also cut its annual guidance for energy coal production to 18 million-20 million tons, from 21 million-23 million tons previously. That was related to weather disruptions, as well as lower than expected volumes at the Cerrejón mine in Colombia. Chief Executive Mike Henry said major projects were progressing well, including the Ruby oil-and-gas project in Trinidad and Tobago, which was ahead of schedule and on budget. "First production from Petroleum's Ruby project is expected in the coming weeks and South Flank, with its higher [iron ore] grade and lump proportion, is on track to begin production in the middle of the year," he said. Write to Rhiannon Hoyle at (END) Dow Jones Newswires April 20, 2021 19:39 ET (23:39 GMT)
I understood this was a negotiating tactic. Surprised if they have actually filed that there hasn't been a RNS from BHP
Berenberg's research confirms his advice and maintains his neutral opinion on the stock. The target price is increased from GBX 2000 to GBX 2200.
Release Time IMMEDIATE Date 23 March 2021 Release Number 03/21 Early redemption of EUR1,250,000,000 4.750% Subordinated Non-Call 5.5 Fixed Rate Reset Notes due 2076 issued by BHP Billiton Finance Limited (ISIN: XS1309436753) (the "Notes") BHP announces that it has today given notice to the holders of the Notes that it will fully redeem all of the Notes outstanding on 22 April 2021 (the "Redemption Date") in accordance with Condition 6.2 of the Notes. The Notes shall be redeemed at their outstanding principal amount plus any accrued but unpaid interest to (but excluding) the Redemption Date and any outstanding Arrears of Interest (without double counting). Following redemption, the Notes will be cancelled pursuant to Condition 6.6 of the Notes. Words and expressions used in this notice shall, unless defined herein or the context otherwise requires, have the same meaning as in the terms and conditions of the Notes. Further information on BHP can be found at:
grupo guitarlumber
Dividend pay day tomorrow :-)
(Bloomberg) -- Oil and gas companies and the government face a bill of more than A$50 billion ($38.5 billion) to clean up offshore wells and pipelines in Australia over the next half century. So some of industry’s biggest firms are banding together to try and come up with ways to cut costs. National Energy Resources Australia, an industry-led group set up in 2016, has established the Centre of Decommissioning Australia to study how to plug old wells and decommission pipelines in a more cost-effective manner, it said in a statement Wednesday. CODA, to be based in Perth, includes oil and gas majors such as Exxon Mobil Corp., Santos Ltd. and BHP Group as well as servicing firms and research organizations like Baker Hughes Co. and Curtin University. Massive clean-up costs have long been a problem for oil companies that are prevented by regulators from turning their back on old wells, while also posing a risk for governments if firms go under or attempt to shirk their duties. The global bill to decommission offshore wells this decade is $105 billion, according to Wood Mackenzie Ltd., with Australia fourth behind the U.K., U.S. and Brazil in terms of jurisdictions where companies have the most to spend. See also: Offshore Oil’s $105 Billion Hangover Adding to Industry Woes In Australia, the liabilities for well plugging, abandonment and pipeline removal make up most of the necessary spend, with over half of the work needing to be started within 10 years, according to a NERA-commissioned report by Advisian, Worley’s global consulting business. The biggest potential cost saving, around 15% of the overall bill, is to leave all export and inter-field pipelines in place by methods such as retrenching or burying pipe ends rather than removing them, Advisian said in the report. A further 10% can be saved by adopting a collaborative approach to optimize the work schedule and make use of the latest technology, the consultant said. Flexible Framework “The regulatory framework provides flexibility for operators to demonstrate that leaving infrastructure in-situ may deliver equal or better environment and safety outcomes,” Andrew Taylor, general manager for decommissioning at NERA, said in an interview. “Some structures, such as long export pipelines, may be candidates for in-situ decommissioning,R21; he said, adding that ultimately the decision would be made by the regulators. “In response to growing decommissioning requirements as some petroleum fields deplete my department is reviewing the regulatory framework,” Minister for Resources, Water and Northern Australia Keith Pitt said in a response to questions. “This action continues to ensure protection of the environment and that facilities are safe into the future.” In the U.K., the government plans to cut decommissioning costs for offshore wells by at least 35% from a 2016 baseline by 2022, and has so far achieved reductions of 19%. Given NERA’s identified initiatives provide similar savings as the U.K., the group is confident in setting a similar goal, Taylor said. Getting rid of old energy infrastructure can often become contentious, with Canberra recently taking action against Woodside Petroleum Ltd. after it failed to comply with a plan to remove a turret mooring. The government may also tighten the rules around decommissioning after it was left footing the bill to remove an offshore oil facility following the collapse of its owner last year.
BHP & HBIS to Explore Emission Reduction Technologies in the Steel Industry that Include Hydrogen.
In a research note published by Dominic O'Kane, JP Morgan advises its customers to buy the stock. The target price is increased from GBX 2310 to GBX 2510.
21 April 2021 08:30 AM Melbourne time (approximate) BHP Operational Review for the nine months ended 31 March 2021 Https://
I've added a few more charts including volumes traded, on my thread, just for interest. Useful resource to go to for commodity prices. Any requests I'll try to comply. GLA.
Added a few charts including volumes.
Chat Pages: 42  41  40  39  38  37  36  35  34  33  32  31  Older
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