Bhp Share Discussion Threads

[waldron] 25/10/2019 16:59

Iron Ore 90.22 USD 0.11(0.12%)
Gold COMEX 1,511.00 +0.42%
Silver COMEX 18.12 +1.77%
Platinum NYMEX 938.50 +1.45%
Copper COMEX 2.69 +0.75%
Brent Crude Oil NYMEX 61.68 +0.02%
Gasoline NYMEX 1.63 +0.18%
Natural Gas NYMEX 2.46 -0.16%
(WTI) 56.37 USD +0.50%


Rio Tinto
4,118 +1.20%

Bhp
1,657.2 +0.74%

Anglo American
2,015.5 +1.61%

Glencore
234.25 +0.82%

[waldron] 24/10/2019 16:53

Iron 90.11 USD -0.34(-0.38%)
Gold COMEX 1,503.00 +0.49%
Silver COMEX 17.78 +1.11%
Platinum NYMEX 924.80 +0.26%
Copper COMEX 2.67 -0.19%
Brent Crude Oil NYMEX 61.54 +0.60%
Gasoline NYMEX 1.62 +0.70%
Natural Gas NYMEX 2.44 +0.33%
(WTI) 56.25 USD +0.95%


Rio Tinto
4,069 +0.27%

Bhp
1,645 +0.33%

Anglo American
1,983.6 +0.19%

Glencore
232.35 -0.71%

[waldron] 23/10/2019 16:53

Iron Ore 90.45 USD -0.08(-0.09%)
Gold COMEX 1,496.50 +0.61%
Silver COMEX 17.58 +0.43%
Platinum NYMEX 919.20 +2.59%
Copper COMEX 2.67 +1.25%
Brent Crude Oil NYMEX 60.17 +0.79%
Gasoline NYMEX 1.58 +0.95%
Natural Gas NYMEX 2.43 -0.82%
(WTI) 55.17 USD +1.81%


Rio Tinto
4,059.5 +0.78%

Bhp
1,642.6 +1.50%

Anglo American
1,983.4 +1.19%

Glencore
234.5 +1.38%

[adrian j boris] 23/10/2019 07:31

SYDNEY--BHP Group Ltd. (BHP.AU) said it has signed four new renewable-power agreements to meet energy demand for its Chilean copper operations and will record a roughly US$780-million provision linked to the cancellation of existing coal contracts.

BHP said the new renewable energy contracts for its Escondida and Spence mines in Chile will be value accretive even including the provision, which will be recognized in its financial results for the first half of fiscal 2020.

"These new renewable energy contracts will increase flexibility for our power portfolio and will ensure security of supply for our operations, while also reducing costs and displacing CO2 emissions," Daniel Malchuk, president of BHP Minerals Americas, said in a statement. The four contracts are estimated to reduce energy prices for the two operations by roughly 20%, he said.

The separate contracts agreed by Escondida and Spence include 10- and 15-year terms with ENEL Generación Chile and Colbun, and are due to start early next decade, BHP said.



Write to Rhiannon Hoyle at [e-mail]



(END) Dow Jones Newswires

October 20, 2019 19:26 ET (23:26 GMT)

[waldron] 22/10/2019 17:17

Iron Ore 90.53 USD -0.05(-0.06%)
Gold COMEX 1,487.20 -0.06%
Silver COMEX 17.47 -0.75%
Platinum NYMEX 893.30 +0.12%
Copper COMEX 2.63 -0.47%
Brent Crude Oil NYMEX 59.71 +1.27%
Gasoline NYMEX 1.58 +0.91%
Natural Gas NYMEX 2.46 +0.78%
(WTI) 54.35 USD +1.51%


Rio Tinto
4,028 +0.73%

Bhp
1,618.4 +0.94%


Anglo American
1,960 +1.04%


Glencore
231.3 -0.60%

[waldron] 21/10/2019 19:07

CITYAM



Monday 21 October 2019 6:18 pm
BHP to switch Chilean copper operations to renewables by 2021
Edward Thicknesse

Mining giant BHP has announced today that it will supply all its Chilean copper operations through renewable energy from 2021.

Daniel Malchuck, president of BHP Minerals Americas, said that it had signed four energy contracts, covering projects such as Escondida, the world’s biggest copper mine.



The new deals, which will cut energy costs by 20 per cent, are the most extensive signed by a customer in Chile. Compared with fossil fuel-based contracts, they will displace 3m tonnes of carbon dioxide from 2022, the equivalent annual footprint of 700,000 cars.

Malchuck said: “It’s good for the environment, it’s good for emissions, but it’s also great business.”

A provision of $780m (£600.2m) for the cancellation of the company’s existing coal contracts will be reflected in BHP’s December half-year results.

The deals include 15-year contracts from August 2021 with Enel Generacion Chile and 10-year contracts with Chilean utility Colbun from January 2022.

Chile has become a world leader in renewable power due to the falling cost of solar and wind energy. In July, Anglo American announced a similar switch for its mining operations.

Andrew Mackenzie, BHP chief executive, said the deals were part of a global trend.

He said: “As part of global decarbonisation, similar moves from coal more or less directly to renewables may be required over the coming decades in other countries, particularly those without access to cheap gas.”




In addition to shifting to renewable generation, mining companies are also taking steps to address consumption of other resources.

In Chile, BHP said it was working to reduce water use by stopping the depletion of aquifers, underground layers of water-bearing permeable rock. It aims to have replaced this water source with desalination plants by 2030.

[waldron] 21/10/2019 17:12

Iron Ore 90.58 USD -0.18(-0.20%)
Gold COMEX 1,488.40 -0.38%
Silver COMEX 17.60 +0.10%
Platinum NYMEX 890.00 -0.66%
Copper COMEX 2.64 +0.32%
Brent Crude Oil NYMEX 58.52 -1.51%
Gasoline NYMEX 1.55 -1.53%
Natural Gas NYMEX 2.45 -2.62%
(WTI) 53 USD -1.01%


Rio Tinto
3,999 +0.95%

Bhp
1,603.4 +0.21%

Anglo American
1,939.8 +2.11%

Glencore
232.7 +2.26%

[florenceorbis] 21/10/2019 08:24

SYDNEY--BHP Group Ltd. (BHP.AU) said it has signed four new renewable-power agreements to meet energy demand for its Chilean copper operations and will record a roughly US$780-million provision linked to the cancellation of existing coal contracts.

BHP said the new renewable energy contracts for its Escondida and Spence mines in Chile will be value accretive even including the provision, which will be recognized in its financial results for the first half of fiscal 2020.

"These new renewable energy contracts will increase flexibility for our power portfolio and will ensure security of supply for our operations, while also reducing costs and displacing CO2 emissions," Daniel Malchuk, president of BHP Minerals Americas, said in a statement. The four contracts are estimated to reduce energy prices for the two operations by roughly 20%, he said.

The separate contracts agreed by Escondida and Spence include 10- and 15-year terms with ENEL Generación Chile and Colbun, and are due to start early next decade, BHP said.



Write to Rhiannon Hoyle at [e-mail]



(END) Dow Jones Newswires

October 20, 2019 19:26 ET (23:26 GMT)

[waldron] 18/10/2019 16:46

Iron Ore 90.76 USD 0.75(0.83%)
Gold COMEX 1,495.80 -0.17%
Silver COMEX 17.60 -0.07%
Platinum NYMEX 897.70 +0.53%
Copper COMEX 2.63 +1.41%
Brent Crude Oil NYMEX 59.54 -0.62%
Gasoline NYMEX 1.58 -0.07%
Natural Gas NYMEX 2.53 +0.52%
(WTI) 53.94 USD +0.02%



Rio Tinto
3,973.5 +0.30%

Bhp
1,602 -0.25%

Anglo American
1,901.8 +0.22%

Glencore
228.8 +0.11%

[waldron] 17/10/2019 17:00

Iron Ore 90.01 USD -1.39(-1.54%)
Gold COMEX 1,498.10 +0.27%
Silver COMEX 17.58 +0.88%
Platinum NYMEX 890.30 -0.04%
Copper COMEX 2.60 +0.29%
Brent Crude Oil NYMEX 58.71 -1.19%
Gasoline NYMEX 1.56 -1.60%
Natural Gas NYMEX 2.50 +0.12%
(WTI) 53.03 USD +0.44%


Rio Tinto
3,961.5 +0.24%

Bhp
1,606 -1.02%

Anglo American
1,897.6 -0.74%

Glencore
228.55 -0.82%

[florenceorbis] 17/10/2019 10:14

podgyted
17 Oct '19 - 07:09 - 1877 of 1877
0 1 0
Lower production from BHP :-



Down 2.9% in Oz

[waldron] 17/10/2019 05:36

SYDNEY--BHP Group Ltd. (BHP.AU) said production of commodities including iron ore, coal and petroleum was weaker during its first fiscal quarter, mainly because of planned maintenance work.

BHP, the world's biggest mining company by market value, said Thursday it produced 61 million metric tons of iron ore during the three months through September, down 1% on the same period a year ago. Volumes were lower because of maintenance activities at the Port Hedland port facility on Australia's northwest coast aimed at improving reliability, it said.

BHP is the world's third-biggest exporter of iron ore, which it produces from a vast network of mines in Australia's remote Pilbara mining region.

At 29 million barrels of oil equivalent, the company produced 11% less petroleum in its first quarter than the year-earlier period. That was in big part due to planned maintenance at the North West Shelf operations and Tropical Storm Barry in the Gulf of Mexico, BHP said.

Still, BHP reiterated its earlier annual production projections, including iron-ore production of 242-253 million tons and petroleum output of 110-116 million barrels.

"While group production for the quarter decreased slightly due to the expected impacts of planned maintenance and natural field decline in petroleum, guidance remains unchanged and we are on track to deliver slightly higher volumes than last financial year," Chief Executive Andrew Mackenzie said.

All major projects are also on schedule and on budget, he said.

BHP said it expects the first stage of its Jansen potash project in North America to be presented to the board for final investment decision by February 2021.

Among other commodities, the company reported a 5% lift in quarterly copper production as record throughput at Escondida's processing facilities offset planned maintenance at its Olympic Dam mine. It said output of metallurgical coal and energy coal fell by 10% and 15%, respectively, also due to plant maintenance and, for energy coal, a change in strategy to focus on higher quality products.



Write to Rhiannon Hoyle at [e-mail]



(END) Dow Jones Newswires

October 16, 2019 18:06 ET (22:06 GMT)

[waldron] 16/10/2019 16:53

Iron Ore 91.40USD -1.22(-1.33%)
Gold COMEX 1,490.00 +0.44%
Silver COMEX 17.39 +0.01%
Platinum NYMEX 888.90 -0.03%
Copper COMEX 2.59 -1.03%
Brent Crude Oil NYMEX 59.50 +1.29%
Gasoline NYMEX 1.59 +1.03%
Natural Gas NYMEX 2.53 -0.04%
(WTI) 53.56 USD +1.08%



Rio Tinto
3,952 -1.67%

Bhp
1,622.6 -1.19%

Anglo American
1,911.8 -0.07%

Glencore
230.45 -1.37%

[waldron] 15/10/2019 17:09

Iron Ore 92.62USD 0.39(0.42%)
Gold COMEX 1,486.70 -0.73%
Silver COMEX 17.45 -1.47%
Platinum NYMEX 889.20 -1.13%
Copper COMEX 2.61 -0.82%
Brent Crude Oil NYMEX 59.32 -0.05%
Gasoline NYMEX 1.58 +0.46%
Natural Gas NYMEX 2.51 +0.52%
(WTI) 53.4 USD -0.24%


Rio Tinto
4,019 -2.33%

Bhp
1,642.2 -1.96%

Anglo American
1,913.2 -1.13%

Glencore
233.65 +1.21%

[adrian j boris] 14/10/2019 21:05

Top UK dividend payers
Rank Company
1 HSBC (HSBA)
2 Royal Dutch Shell (RDSA)
3 Rio Tinto (RIO)
4 BP (BP)
5 Royal Bank of Scotland (RBS)
Subtotal £11.9bn
% of total dividends 33%
6 BHP Group (BHP)
7 British American Tobacco (BATS)
8 Glencore (GLEN)
9 National Grid (NG)
10 BT (BT)
11 Vodafone (VOD)
12 GlaxosmithKline (GSK)
13 Astrazeneca (AZN)
14 Lloyds (LLOY)
15 Anglo American (AAL)
Subtotal £10.1bn
Top 15 grand total £22bn
% of total dividends 62%

[waldron] 14/10/2019 16:51

Iron Ore 92.23 USD -0.63(-0.68%)
Gold COMEX 1,496.30 +0.51%
Silver COMEX 17.67 +0.72%
Platinum NYMEX 900.40 +0.01%
Copper COMEX 2.63 -0.06%
Brent Crude Oil NYMEX 59.08 -2.36%
Gasoline NYMEX 1.60 -2.58%
Natural Gas NYMEX 2.47 +0.49%
(WTI) 53.3 USD -2.70%


Rio Tinto
4,117 -2.20%

Bhp
1,676 -2.58%

Anglo American
1,936.2 -2.44%

Glencore
230.95 -2.76%

[poikka] 13/10/2019 11:01

Was that a quote?

[the grumpy old men] 13/10/2019 10:49

also pay attention to supports and resistence

1660 and 1755p

[the grumpy old men] 13/10/2019 10:46

OCTOBER/17/2019 Q1 2020 Sales and Revenue Release


OCTOBER/17/2019 | 11:00am Annual General Meeting


Watch for news regarding dam break in 2015

[the grumpy old men] 13/10/2019 10:40

Summary

The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.

For a short-term investment strategy, the company has poor fundamentals.

Strengths

Share prices are approaching a strong support area in daily data, which offers good timing for investors.

Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.

Thanks to a sound financial situation, the firm has significant leeway for investment.

The company's attractive earnings multiples are brought to light by a P/E ratio at 10.42 for the current year.

This company will be of major interest to investors in search of a high dividend stock.

Over the last twelve months, the sales forecast has been frequently revised upwards.

For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.

Weaknesses

According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.

Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.

The company's earnings releases usually do not meet expectations.

For the last few months, analysts have been revising downwards their earnings forecast.

[loganair] 13/10/2019 10:35

If you’ve £10,000 to invest in income stocks and don’t know where to start, I highly recommend taking a closer look at global mining giant BHP (LSE: BHP).

What I love about BHP is that, after around five years of restructuring and cutting costs, it’s now spitting out cash at an impressive rate. For example, according to the company’s numbers for its financial year ended 30 June, net operating cash flow came in at an impressive $17.4bn.

Free cash flow, which what’s left for shareholders after things like capital spending, was $10bn (around £8.2bn). That’s compared to BHP’s current market capitalisation of £85bn.

This cash generation, coupled with the fact the mining group’s net debt has declined from around $27bn in 2016 to $9.2bn today, allowed management to declare a record final dividend totalling $1.3bn for the year.

Cash flow giant:

As long as BHP continues to do what it does best (pull rocks out the ground) and doesn’t get sidetracked by any costly expansion plans, I reckon it’s highly likely the company will continue to throw off cash for many years to come.

City analysts believe the stock with yield 7% this year and also 6.2% next year, although these figures are based on regular dividends. As the company demonstrated earlier this year, it’s not averse to paying out special dividends when the time is right, so the actual level of income declared could be higher. That’s why I think this stock is worth a place in your portfolio today.