Bhp Share Discussion Threads

[waldron] 17/2/2020 16:59

Iron Ore 86.39USD 1.53(1.77%)
Gold COMEX 1,584.70 -0.11%
Silver COMEX 17.77 +0.20%
Platinum NYMEX 973.70 +0.51%
Copper COMEX 2.63 +1.04%
Brent Crude Oil NYMEX 57.35 +0.05%
Gasoline NYMEX 1.73 +0.39%
Natural Gas NYMEX 1.94 +4.36%
(WTI) 52.1 USD -0.02%



Rio Tinto
4,212.5 +0.37%

Bhp
1,691.6 +0.98%

Anglo American
2,103.5 +0.48%

Glencore
236.65 +1.15%

[loganair] 17/2/2020 11:37

3 stocks I’ll be buying if the market crashes:


“Be greedy when others are fearful.” This Warren Buffett quote captures the US billionaire’s approach to investing. When the market crashes, you’ll usually find him buying up good businesses at bargain prices.

I share Buffett’s view that market crashes can provide great buying opportunities. I think the secret is to focus your cash on companies that offer essential products and have long track records. These normally recover quite quickly.

Today, I want to look at three companies I’d hope to buy in the next market crash.

Essential resources:

Another sector where I’d be keen to buy during market crashes is the natural resources sector – oil and mining. These may be unfashionable, but the world economy remains heavily reliant on supplies of raw materials such as copper, iron ore, oil and gas.

One company that provides all of these at scale is BHP Group (LSE: BHP). This Anglo-Australian firm reported revenue of £44bn last year, on which it made a profit of £8.3bn.

I already own a few of these shares, which currently offer a dividend yield of 6.4%. This tasty income attracts me, but I’m aware profit margins are at the top end of the historic range achieved by the group. A global slowdown could cause commodity prices to fall, cutting into BHP’s profits.

Indeed, forecasts for 2020/21 suggest the group’s earnings will fall by 10% over the coming year. I remain happy to hold BHP and wouldn’t mind buying more. But I’m saving myself for the next big slump, when I hope to buy big at much lower prices.

[florenceorbis] 17/2/2020 07:55

BHP Goldman Sachs Neutral 1,750.00 - Reiterates

[waldron] 14/2/2020 17:03

Iron Ore 84.86 USD -0.28(-0.33%)
Gold COMEX 1,584.80 +0.38%
Silver COMEX 17.73 +0.63%
Platinum NYMEX 967.40 -0.75%
Copper COMEX 2.60 -0.54%
Brent Crude Oil NYMEX 56.97 +1.12%
Gasoline NYMEX 1.72 -0.20%
Natural Gas NYMEX 1.86 +0.05%
WTI 51.85 USD +0.86%

Rio Tinto
4,197 -0.51%

Bhp
1,675.2 -1.14%

Anglo American
2,093.5 -1.81%

Glencore
233.95 -1.62%

[waldron] 13/2/2020 17:45

Iron Ore 85.14USD 0.67(0.79%)
Gold COMEX 1,579.50 +0.50%
Silver COMEX 17.63 +0.73%
Platinum NYMEX 974.20 +0.71%
Copper COMEX 2.62 +0.60%
Brent Crude Oil NYMEX 56.32 +0.95%
Gasoline NYMEX 1.74 +0.67%
Natural Gas NYMEX 1.87 -0.21%
WTI 51.62 USD +0.31%


Rio Tinto
4,218.5 -1.04%

Bhp
1,694.6 -0.70%

Anglo American
2,132 -1.00%

Glencore
237.8 -0.44%

[waldron] 12/2/2020 17:10

Iron Ore 84.47 USD 1.11(1.31%)
Gold COMEX 1,572.70 +0.17%
Silver COMEX 17.52 -0.44%
Platinum NYMEX 969.40 -0.42%
Copper COMEX 2.60 +0.74%
Brent Crude Oil NYMEX 55.90 +3.50%
Gasoline NYMEX 1.72 +3.35%
Natural Gas NYMEX 1.86 +2.25%
WTI 51.22 USD +2.19%


Rio Tinto
4,263 +2.66%

Bhp
1,706.6 +2.04%

Anglo American
2,153.5 +4.92%

Glencore
238.85 +2.36%

[waldron] 11/2/2020 17:57

BHP Is Now The World’s Top Copper Miner
By MINING.com - Feb 11, 2020, 11:30 AM CST
Copper

BHP Group on Monday became the world’s largest copper miner based on production after Chile’s copper commission announced a slide in output at state-owned Codelco.
close [x]
Remaining Time -0:42

Hampered by declining grades Codelco production declined by 5.6 percent or about 100,000 tonnes last year.

Overall, Codelco, nationalized in the early 1970s, churned out 1.706 million tonnes of copper, the lowest level since 2008, when output was at 1.55 million tonnes.

At that time, the giant Ministro Hales mine, which contributes between 180,000 and 200,000 tonnes of copper a year, had not yet begun operation.

Last month, the world’s number one mining company, BHP (NYSE:BHP) reported robust six months to end December numbers from its copper operations, including at Escondida in Chile, the world’s largest copper mine.

For the first six months of BHP’s financial year, output was up 7 percent year on year to 885,000 tonnes with Escondida contributing more than 600,000 tonnes.

In the six-months to end-June 2019, Melbourne-based BHP produced 864,000 tonnes bring the calendar year output to 1.749 million tonnes.

The Anglo-Australian giant kept guidance for its 2020 financial year unchanged at between 1.705 million and 1.820 million tonnes.

BHP may struggle to hang onto the crown despite spending $2.5 billion to expand its Spence mine in Chile.

Freeport-McMoranR17;s Grasberg mine in Indonesia returns to full production after a transition to underground mining in 2022. US-based Freeport produced 1.47 million tonnes of copper in 2019.

Codelco itself is in the midst of an ambitious, 10-year, $39 billion investment drive to open new projects and overhaul older mines so it may well catch up too.

By Mining.com

More Top Reads From Oilprice.com:

[waldron] 11/2/2020 17:04

Iron Ore 83.36 USD 2.11(2.53%)
Gold COMEX 1,568.40 -0.70%
Silver COMEX 17.56 -1.27%
Platinum NYMEX 974.00 +0.73%
Copper COMEX 2.59 +1.47%
Brent Crude Oil NYMEX 54.09 +1.54%
Gasoline NYMEX 1.67 +0.47%
Natural Gas NYMEX 1.81 +0.33%
WTI 50.02 USD +0.46%


Rio Tinto
4,152.5 +0.73%

Bhp
1,672.4 +0.93%

Anglo American
2,052.5 +1.86%

Glencore
233.35 +1.63%

[waldron] 10/2/2020 17:16

Iron Ore 81.25 USD -0.40(-0.49%)
Gold COMEX 1,577.90 +0.29%
Silver COMEX 17.78 +0.50%
Platinum NYMEX 964.80 -0.45%
Copper COMEX 2.55 +0.04%
Brent Crude Oil NYMEX 53.41 -1.95%
Gasoline NYMEX 1.67 -0.27%
Natural Gas NYMEX 1.81 -4.12%
WTI 49.64 USD -0.22%



Rio Tinto
4,122.5 -1.54%

Bhp
1,657 -0.99%

Anglo American
2,015 -0.86%

Glencore
229.6 -1.54%

[waldron] 07/2/2020 17:32

Iron Ore 81.65USD 0.69(0.85%)
Gold COMEX 1,570.60 +0.04%
Silver COMEX 17.66 -0.91%
Platinum NYMEX 967.50 +0.01%
Copper COMEX 2.56 -1.37%
Brent Crude Oil NYMEX 54.76 -0.31%
Gasoline NYMEX 1.68 +0.68%
Natural Gas NYMEX 1.89 +0.32%
WTI 50.68 USD -1.46%


Rio Tinto
4,187 -2.41%

Bhp
1,673.6 -2.74%


Anglo American
2,032.5 -2.63%

Glencore
233.2 -2.43%

[waldron] 06/2/2020 17:08

Iron Ore 80.96 USD 1.09(1.35%)
Gold COMEX 1,567.70 +0.31%
Silver COMEX 17.80 +1.10%
Platinum NYMEX 965.80 -2.16%
Copper COMEX 2.59 +0.58%
Brent Crude Oil NYMEX 54.89 -0.71%
Gasoline NYMEX 1.65 -0.10%
Natural Gas NYMEX 1.89 +0.05%
(WTI) 50.88 USD -0.59%


Rio Tinto
4,290.5 +0.41%

Bhp
1,720.8 +0.03%

Anglo American
2,087.5 +0.72%

Glencore
239 +0.97%

[waldron] 05/2/2020 16:56

Iron Ore 79.87 USD -1.76(-2.20%)
Gold COMEX 1,562.20 +0.43%
Silver COMEX 17.60 +0.22%
Platinum NYMEX 986.10 +2.07%
Copper COMEX 2.58 +1.36%
Brent Crude Oil NYMEX 55.98 +3.74%
Gasoline NYMEX 1.68 +3.95%
Natural Gas NYMEX 1.88 -1.10%
WTI 51.5 USD +3.87%

Rio Tinto
4,273 +1.58%

Bhp
1,720.2 +1.06%

Anglo American
2,072.5 +0.29%

Glencore
236.7 +1.54%

[waldron] 04/2/2020 17:01

Iron Ore 81.63 USD 3.30(4.04%)
Gold COMEX 1,558.00 -1.54%
Silver COMEX 17.58 -0.54%
Platinum NYMEX 967.60 -0.32%
Copper COMEX 2.54 +1.30%
Brent Crude Oil NYMEX 54.97 +0.96%
Gasoline NYMEX 1.64 +0.18%
Natural Gas NYMEX 1.90 +1.77%
WTI 50.6 USD +1.42%



Rio Tinto
4,206.5 +3.01%

Bhp
1,702.2 +2.79%

Anglo American
2,066.5 +3.72%

Glencore
233.1 +5.19%

[waldron] 03/2/2020 17:10

Iron Ore 78.33USD -14.11(-18.01%)
Gold COMEX 1,583.30 -0.29%
Silver COMEX 17.66 -1.95%
Platinum NYMEX 970.00 +0.84%
Copper COMEX 2.50 -0.75%
Brent Crude Oil NYMEX 54.57 -3.62%
Gasoline NYMEX 1.63 -2.08%
Natural Gas NYMEX 1.86 -1.22%
WTI 50.01 USD -2.00%

Rio Tinto
4,083.5 -0.01%

Bhp
1,656 -0.23%

Anglo American
1,992.4 +0.34%

Glencore
221.6 -0.40%

[sarkasm] 02/2/2020 23:39

Should you buy BHP, Rio Tinto, or Saracen Mineral shares?

James Mickleboro | February 2, 2020 12:52pm | More on: BHP RIO SAR
Rio Tinto share price

I think that having a little exposure to the resources sector would be a very good thing for a portfolio.

This is because as well as offering the benefits of diversification, I believe there are strong potential returns on offer in the sector again this year.

But which resources shares should you buy? Here are three that I would consider buying:
BHP Group Ltd (ASX: BHP)

I think BHP would be a good option for investors looking for exposure to the resources sector. This is due to the mining giant’s portfolio of assets that are amongst the highest quality in the world. Thanks to their low costs and favourable commodity prices, these assets have been generating significant free cash flow for BHP. The majority of which has been returned to shareholders through dividends and buybacks. As long as the coronavirus doesn’t curtail global economic growth, I feel confident there will be more of the same in FY 2020 and FY 2021.
Rio Tinto Limited (ASX: RIO)

Another top option to consider in the resources sector is Rio Tinto. It also owns a number of world class assets across several different commodities. This has allowed the mining giant to generate strong free cash flow over the last few years. And as with BHP, it has returned the majority of it to shareholders through dividends and buybacks. If iron ore prices remain favourable in the near term, I expect Rio Tinto to be in a position to reward shareholders with generous dividends again in 2020.
Saracen Mineral Holdings Limited (ASX: SAR)

If you’re looking for exposure to the gold industry, then I think Saracen Mineral could be a great option. This is due to its attractive valuation, strong performance in FY 2019, and its very positive medium term outlook. In respect to the latter, a note out of Goldman Sachs reveals that it believes Saracen Mineral has the most compelling production and earnings growth profile under its coverage. It has forecast production of >800,000 ounces by FY 2024. This will be a material increase on the 500,000 ounces it expects to produce in FY 2020.

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[waldron] 31/1/2020 17:53

Iron Ore 92.44USD -0.46(-0.50%)
Gold COMEX 1,587.60 -0.10%
Silver COMEX 18.03 +0.18%
Platinum NYMEX 961.10 -1.98%
Copper COMEX 2.52 +0.02%
Brent Crude Oil NYMEX 56.46 -1.52%
Gasoline NYMEX 1.51 +0.03%
Natural Gas NYMEX 1.85 +0.93%
WTI 51.39 USD -2.76%

Rio Tinto
4,084 -1.98%

Bhp
1,659.8 -1.86%

Anglo American
1,985.6 -2.24%

Glencore
222.5 -1.72%

[waldron] 31/1/2020 17:22

Price (GBX) 1,659.80 Var % (+/-) -1.86% (Down -31.40)
High 1,699.60 Low 1,649.00
Volume 4,896,741 Last close 1,659.80 on 31-Jan-2020
Bid 1,655.40 Offer 1,656.20
Trading status Post-Close Special conditions NONE

[waldron] 30/1/2020 17:15

Iron Ore 92.90USD -0.44(-0.47%)
Gold COMEX 1,585.70 +0.62%
Silver COMEX 17.99 +2.85%
Platinum NYMEX 977.60 +0.24%
Copper COMEX 2.53 -0.76%
Brent Crude Oil NYMEX 57.38 -2.60%
Gasoline NYMEX 1.50 -2.41%
Natural Gas NYMEX 1.82 -2.41%
WTI 52.18 USD -1.75%


Rio Tinto
4,166.5 -1.75%

Bhp
1,691.2 -1.73%

Anglo American
2,031 -0.81%

Glencore
226.4 -1.07%

[the grumpy old men] 29/1/2020 09:44

DORIS awarded by BHP for the engineering of Trion SURF and export package

Oil & GasUpstreamField Development

By NS Energy Staff Writer 28 Jan 2020

The Trion field encompasses an area of 1,285 sq km (798 sq mi) and is located in the Perdido belt
oil-rig-2191711_640(6)

DORIS awarded by BHP for the engineering of Trion SURF and export package. (Credit : C Morrison from Pixabay)

BHP Petroleum (via its subsidiary BHP Billiton Petróleo Operaciones de Mexico, S. De R. L. De C.V.) has contracted DORIS Inc. for the execution of Engineer Services for the SURF and Export Pipeline scopes of work of the Trion Project located in the Mexican Sector of the Gulf of Mexico.

The Trion field encompasses an area of 1,285 sq km (798 sq mi) and is located in the Perdido belt at a water depth of approximately 2570 meters. BHP is the operator holding a 60 percent interest in the development and PEMEX Exploration and Production is the non-operating partner with a 40 percent interest.

Christophe Debouvry, CEO of DORIS Group, said: “This project is a strategic win for DORIS Group. It is the recognition of our strong experience in deepwater developments, it complements our portfolio in Mexico, and it strengthens our relationship with BHP”.

Source: Company Press Release

[waldron] 28/1/2020 18:06

Iron Ore 91.61USD -2.40(-2.62%)
Gold COMEX 1,569.40 -0.51%
Silver COMEX 17.48 -3.22%
Platinum NYMEX 994.00 +0.23%
Copper COMEX 2.58 -0.58%
Brent Crude Oil NYMEX 59.01 +0.73%
Gasoline NYMEX 1.52 +1.53%
Natural Gas NYMEX 1.91 +1.86%
WTI 53.43 USD +0.89%


Rio Tinto
4,250 +0.81%

Bhp
1,723.4 +1.15%

Anglo American
2,052.5 +0.98%

Glencore
227.6 +2.80%

[waldron] 27/1/2020 17:11

Iron Ore 94.01USD -0.34(-0.36%)
Gold COMEX 1,581.70 +0.62%
Silver COMEX 18.20 +0.45%
Platinum NYMEX 995.80 -1.46%
Copper COMEX 2.60 -3.09%
Brent Crude Oil NYMEX 58.11 -2.97%
Gasoline NYMEX 1.47 -3.97%
Natural Gas NYMEX 1.90 +1.76%
WTI 52.52 USD -0.21%

Rio Tinto
4,216 -5.01%

Bhp
1,703.8 -4.23%

Anglo American
2,032.5 -4.67%

Glencore
221.4 -3.97%

[la forge] 24/1/2020 21:04

BHP, Rio Tinto among world's most valuable brands
BHP and Rio Tinto are among Australia’s top-10 most valuable corporate brands, according to advisory agency Brand Finance’s latest annual assessment of brand values. The miners added brand value in the 2020 study, while big banks and telcos in the top-10 lost significant value.
BHP, Rio Tinto among world's most valuable brands

Commodities > Bulks

24 January 2020
comments
share

Staff reporter

BHP was the only miner that made Brand Finance's 2020 top-500 most valuable global brands, led by Amazon, Google, Apple and Microsoft, which did have 27 oil and gas companies and the Japanese metals groups Mitsui, Sumitomo and Marubeni.

Mining and construction machinery giant Caterpillar came in at No.345.

BHP was No.356 with its estimated A$8.4 billion brand value.

"BHP and Rio Tinto are climbing the ranks, entering the top 5 and top 10, respectively," Brand Finance said.

"BHP has remained Australasia's most valuable B2B brand, recording a 2% increase in brand value to AU$8.4 billion. BHP's brand value has relied solely on its strong revenue forecasts in the face of a brand strength decline (down 1.8 to BSI 71.0) caused by weakening corporate social responsibility scores.

"Fellow mining brand, Rio Tinto, has also recorded steady brand value growth, up 4% to AU$4.8 billion.

"Both brands are negotiating the increasing intolerance of new mining projects, among the Australian public and internationally; a strong brand becomes increasingly important in keeping other influential stakeholders, such as regulators, on side to maintain growth and profitability"

Engineering and construction firm Worley's 88% brand value growth to AU$584 million made it the fastest-growing Australian brand.