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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
  -94.40 -4.8% 1,873.80 1,867.40 1,868.00 1,957.20 1,855.80 1,956.80 23,046,139 16:35:21
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 43,970.7 17,786.5 161.6 11.5 39,576

Bhp Share Discussion Threads

Showing 976 to 997 of 1325 messages
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DateSubjectAuthorDiscuss
30/12/2020
15:05
GREAT FIND letsmakesome TAKE CARE
grupo
30/12/2020
15:00
letsmakesome 30 Dec '20 - 14:55 - 835 of 836 0 0 0 Just came across this article with is very interesting: Https://www.afr.com/companies/mining/soaring-bhp-spread-blamed-on-australian-optimism-20200313-p549q1 '30pc more dividend': BHP’s spread with London widens Peter KerResources reporter Mar 16, 2020 – 12.00pm A record premium for BHP's Australian shares compared with the value of the company's London stock is seen by some local investors as proof that Australian investors are more optimistic amid the coronavirus turmoil than their counterparts abroad. BHP's Australian shares have consistently traded at a premium to its London stock over the past four years, and analysts have traditionally been split over whether the biggest cause is currency gyrations, Australian tax laws around franking or the fact that BHP plays a bigger role in local indices than European ones. While those factors are constant, none of them explain the surge in the premium paid for BHP's Australian shares last week amid extraordinary market conditions and high trading volumes. BHP's Australian shares were trading at a premium – calculated by changing both share prices into a common currency such as US dollars – of 16 per cent on December 31. But that had blown out to 26.6 per cent by the close of trading in London on March 13; a far cry from October 2015 when BHP's London shares traded at a small premium to the Australian stock. Friday's premium would have been the highest since BHP's dual listed structure was established almost 20 years ago, were it not for the previous day, March 12, when BHP's Australian shares were worth a staggering 41 per cent more than the London stock when trading closed in London. "(It) points to international investors being significantly more bearish on the global economy and global cyclicals than Australian domestic investors," said Jarrod Bakker from MST Financial. BHP's London listed shares had lost 40.68 per cent of their value between December 31 and Friday's close. BHP's Australian stock lost 31.35 per cent of their value over the same period. Equal rights The blowout in the BHP "spread" was seized on by several hedge funds last week, who urged their clients to exchange their Australian-listed BHP shares for the miner's London stock. BHP's London and Australian stock have equal rights over the company's assets, with the only difference for investors being local tax laws. ''If you have the luxury of being able to invest globally, very rarely in the past 20 years have you had a better opportunity to set up the spread, or switch your Aussie position into the London line, especially income investors, because you get 30 per cent more dividend for the same dollar investment,'' said one firm in a note to clients. Rio Tinto also has a dual-listed structure with both Australian and London listed stock, and the premium paid for Rio's Australian shares has expanded from the historically high level of 18 per cent on December 31 to near record levels at 24 per cent on Friday. The expanded premium for BHP and Rio's Australian stock has come despite the Australian dollar weakening against the British currency this year. A weakening Australian dollar traditionally weakens the premium paid for BHP and Rio's Australian shares. "Over the past two decades, the BHP and Rio Tinto spreads have closely followed the sterling to Australian dollar exchange rate. However since September 2019, there has been a notable divergence from the exchange rate," said Shaw and Partners analyst Peter O'Connor. "BHP should be thinking opportunistically whether this is a good time for a buyback of the London listed stock". pker@afr.com
grupo
30/12/2020
14:59
letsmakesome 30 Dec '20 - 14:52 - 834 of 835 0 0 0 Thanks! Looks like the SA listing mirrors the price of the U.K. listing. It’s the ASX one which is quite different. Have not taken the trouble to compare, did you look at usa and south africa perhaps also much to do with supply and demand and varied sentiment together with confidence in each and every country
grupo
30/12/2020
14:55
Just came across this article with is very interesting:https://www.afr.com/companies/mining/soaring-bhp-spread-blamed-on-australian-optimism-20200313-p549q1
letsmakesome
30/12/2020
14:52
Thanks! Looks like the SA listing mirrors the price of the U.K. listing. It's the ASX one which is quite different.
letsmakesome
30/12/2020
14:46
The company's shares trade on the following exchanges:[88] BHP Billiton Limited and BHP Billiton Plc were renamed BHP Group Limited and BHP Group Plc, respectively, on 19 November 2018.[89] BHP Billiton Limited Australia (ASX: BHP) US (NYSE: BHP) BHP Billiton plc UK (LSE: BLT) US (NYSE: BBL) South Africa (JSE: BIL) Must admit i would not hasten to give you an explanation although part of the difference might be there being two different companies and a multitude of currences RDSA and rdsb share are affected in similar ways, tax tratments on dividendends might well be a factor letsmakesome 30 Dec '20 - 14:17 - 832 of 832 0 0 0 Does anyone know why there is a significant divergence of almost 25% compared to the Australian listing? AUD 43 (GBP 24.25) vs GBP 19.70 (U.K. listing)
grupo
30/12/2020
14:17
Does anyone know why there is a significant divergence of almost 25% compared to the Australian listing?AUD 43 (GBP 24.25) vs GBP 19.70 (U.K. listing)
letsmakesome
30/12/2020
10:03
Oil Prices Continue Climb On Large Crude Draw By Julianne Geiger - Dec 29, 2020, 3:43 PM CST The American Petroleum Institute (API) reported on Tuesday a draw in crude oil inventories of 4.785 million barrels for the week ending December 25. Analysts had predicted an inventory draw of 2.100 million barrels for the week. In the previous week, the API reported a build in oil inventories of 2.70-million barrels, after analysts had predicted a draw of 3.135 million barrels. Both Brent and WTI were up on Tuesday morning before the data release on hopes of a larger round of stimulus checks signed off on by President Donald Trump and the House on Monday. Gains continue to be capped, however, by OPEC's plans to gradually increase oil production after the start of the year despite lockdowns and depressed demand. Moments before Tuesday's data release, WTI had risen by $0.41 (+0.86%) to $48.03, up $.80 per barrel on the week. The Brent crude benchmark had risen on the day $0.44 at that time (+0.87%) to $51.30—up roughly $1 per barrel on the week. U.S. oil production held steady at 11.0 million bpd for the week ending December 18, according to the Energy Information Administration—;2.1 million bpd lower than the all-time high of 13.1 million bpd reached in March. The API reported a draw in gasoline inventories of 718,000 barrels of gasoline for the week ending December 25—compared to the previous week's 224,000-barrel draw. Analysts had expected a 1.778-million-barrel build for the week. Distillate inventories were down by 1.877 million barrels for the week, compared to last week's 1.03-million-barrel increase, while Cushing inventories rose this week by 131,000 barrels.­ At 4:36 p.m. EDT, the WTI benchmark was trading at $47.99, while Brent crude was trading at $51.07. By Julianne Geiger for Oilprice.com
grupo
27/12/2020
11:19
THE TELEGRAPH ‘Profits will grow seven-fold' – why oil stocks are set for a bumper 2021 Earnings could rocket at companies sensitive to the economy while utilities and technology firms may struggle By Sam Benstead 27 December 2020 • 5:00am The oil sector is primed for a blowout 2021, with profits set to rise seven times compared with 2020....
sarkasm
27/12/2020
09:46
GULFNEWS Although the pandemic will continue to weigh on oil demand in 2021, some estimates show that monthly supply deficits could reach their highest in years. Rystad Energy expects vaccination campaigns to help bring a rapid recovery going forward. Monthly supply deficits will start from May, reaching a high of around 3.4 million barrels per day in August. “As deficits continue uninterrupted through the year, August’s high could be repeated, if not exceeded by year-end,” the energy consultancy said. “Our monitors in the US are starting to point out at stronger activity … In addition, there are winds of change forecasted in the geopolitical realm next year,” said Bjornar Tonhaugen, Head of Oil Markets at Rystad Energy. Oil prices rally Meanwhile, crude prices continued to rise as markets shrugged off US President Donald Trump’s threats to derail the stimulus programme. Brent crude rose 2.7 per cent to $51.15 a barrel, while US crude (WTI) jumped 2.75 per cent to $48.05 a barrel. “With liquidity falling into the holiday period, I expect oil to trade in some quite broad, and potentially volatile ranges in the days ahead,” said Jeffrey Halley Senior Market Analyst, Asia Pacific, OANDA. “Oil’s ability to move through resistance depends entirely on developments in Washington DC, which are looking very messy at the moment,” said Halley. “That still leaves the door open equally, for a sharp fall or rally from here, despite the underlying bullish case for higher prices in 2021.” Balanced market Going into 2021, the market will largely be balanced in January, with supply and demand hovering between 77.7 and 77.8 million barrels per day (bpd), according to Rystad Energy. The effect of global lockdowns will be felt even more in February and March as demand will not follow the growing supply, creating a surplus of 0.5 million bpd in February and 1.4 million bpd in March. A minor surplus will also be recorded in April but the market will recovery shortly after, the consultancy said.
waldron
24/12/2020
06:51
BHP And Vale Restart Samarco Operations In Brazil After 2015 Dam Burst Thu, 24th Dec 2020 06:26 Alliance News (Alliance News) - BHP Group PLC on Thursday said Samarco Mineracao SA has met the licensing requirements to restart operations at its Germano mine complex in Minas Gerais and its Ubu complex in Espirito Santo, Brazil. BHP Billiton Brasil Ltda and Vale SA each hold a 50% interest in Samarco. Samarco's operations were suspended following the catastrophic failure of the Fundao tailings dam in November 2015. On Thursday, Melbourne, Australia-based BHP said Samarco's gradual restart of operations incorporates concentrator 3 at the Germano complex and pelletising plant 4 at Ubu, as well as a new system of tailings disposal combining a confined pit and tailings filtering system for dry stacking. Samarco expects initially to produce approximately 8 million tonnes of iron ore pellets per annum. Independent tests have been carried out on Samarcos preparations for a safe restart of operations, BHP said. Meanwhile, the work undertaken by the Renova Foundation to remediate and compensate for the damages of the failure of the Fundao dam in 2015 continues, and BHP Billiton Brasil continues to support Renova in its work. The dam collapse in the city of Mariana had resulted in 19 deaths and forced hundreds from their homes. Considered the worst environmental disaster in Brazilian history, it left 250,000 people without drinking water and killed thousands of fish. An estimated 60 million cubic meters of waste flooded rivers and eventually flowed into the Atlantic Ocean. BHP shares closed up 1.2% on Thursday in Sydney at AUD42.95 a share. By Evelina Grecenko; evelinagrecenko@alliancenews.com
grupo
22/12/2020
11:12
I buy shares only for their yield as part of a diversified port. and the immediate return on BHP which I've held for a long time might be a little better than 5.5%. I get that they said "at least". My source predicts 166¢ for their year to 30 June 21, which at the current rate of $1.34/£ makes it worth about 124p. On a share price of 1,966p that makes a forecast yield of 6.3%, pretty good. I take no notice of broker target prices as mentioned above. Pretty worthless in my view, divis much more reliable though can still go wrong.
anhar
21/12/2020
19:10
Jefferies - ‘BHP is one of our top picks in global mining, with a conservative target price of £22 and an expected FY21 dividend of at least $1.30/sh (5.5% yield), implying a total expected return of approximately 20% over the next year. ‘We expect strength in copper and iron ore prices to continue, which should drive strong cash flow and capital returns in 2021 and beyond. This view is supported by our proprietary supply-side analysis, which points to tightening markets.’
loganair
20/12/2020
20:18
BHP selects DNV GL as Verification Body and Classification Society for Trion FPU Oil & GasUpstreamDeepwater By NS Energy Staff Writer 17 Dec 2020 The work also includes several independent analyses from DNV GL to be conducted during the front-end engineering design and detailed design phase of the project BHP-PR-ill-s1288pxl_tcm8-193697 BHP selects DNV GL as Verification Body and Classification Society for Trion FPU. (Credit: DNV GL.) DNV GL will verify that the new infrastructure built for the BHP Trion project is compliant with local and global safety, as well as other requirements. The Verification Body and Classification contract specifies DNV GL, the leading independent expert in risk management and quality assurance, to participate in design review activities and site surveillance during construction, commissioning, and installation of the floating production unit (FPU). DNV GL announced it has been awarded a multidisciplinary contract by BHP Billiton Petróleo Operaciones de México, S. De R.L. De C.V. (BHP) to provide classification, verification, and independent analysis of the Trion FPU. Located approximately 19 miles (35 kilometers) south of the U.S./Mexico border and approximately 112 miles (200 kilometers) from the Mexican coastline, the FPU will be installed in a water depth of approximately 8,200 feet (2,500 meters). BHP holds a 60% interest in the development and PEMEX a 40% interest. “The Trion oil field development is historic in the Mexican gulf and a milestone for all of us involved,” said Frank Ketelaars, Regional Manager, Americas, DNV GL – Oil & Gas. “It is indeed a recognition of DNV GL for our competence in professionally executing mega projects of this scale internationally. DNV GL is honored to be the Classification Society involved in such a significant project, and we look forward to the growth of our partnership with BHP for years to come.” The contracted verification scope DNV GL will carry out includes full project compliance to the Mexican offshore regulations, NOMs (Official Mexican) standards and BHP’s safety case requirements. The scope of work also includes several independent analyses from DNV GL to be conducted during the front-end engineering design and detailed design phase of the project. “I am delighted BHP has recognized that we possess the technical expertise and knowledge, particularly with respect to local regulatory requirements, to assure the safety and compliance for this deepwater project,” concluded  Ketelaars. “We have worked with BHP on many different projects around the world and this contract win is a sign of the strength of our relationship with BHP in the Americas.” Source: Company Press Release
adrian j boris
20/12/2020
13:33
Https://invezz.com/news/2020/12/20/crude-and-brent-oil-price-outlook-for-january/ Summary A weaker dollar in 2021 is likely to open the door for higher oil prices, as analysts widely expect the greenback to struggle next year.
sarkasm
18/12/2020
17:25
Rio Tinto 5,654 +0.87% Bhp 1,973 -0.10% Anglo American 2,424 -2.24% Glencore 242.05 +0.10%
waldron
18/12/2020
09:44
Jefferies eyes strong BHP cashflows: BHP (BHP) is one of Jefferies’ top global mining picks as it expects copper and iron ore prices to continue to strengthen and drive cashflows. Analyst Chris LaFemina retained his ‘buy’ recommendation and target price of £22.00 on the shares, which rose 1% to £19.75 yesterday. ‘We expect strength in copper and iron ore prices to continue, which should drive strong cashflow and capital returns in 2021 and beyond,’ he said. ‘This view is supported by our proprietary supply-side analysis, which points to tightening markets.’ LaFemina added that BHP posed ‘relatively low operating and geopolitical risk’ compared to other diversified miners and this would ‘allow the company to capitalise on the favourable yet underappreciated macro backdrop’.
loganair
14/12/2020
07:21
BHP GROUP : Receives a Buy rating from JP Morgan 12/14/2020 | 05:38am GMT In his latest research note, analyst Dominic O'Kane confirms his positive recommendation. The broker JP Morgan is keeping its Buy rating. Previously set at GBX 2210, the target price has been raised to GBX 2390.
sarkasm
11/12/2020
16:50
Gold COMEX 1,847.30 +0.39% Silver COMEX 24.12 -0.04% Platinum NYMEX 1,022.60 -1.43% Copper COMEX 3.53 -1.54% Brent Crude Oil NYMEX 50.00 -0.73% Gasoline NYMEX 1.31 -0.70% Natural Gas NYMEX 2.62 +1.24% WTI 46.645 USD -0.91% FTSE 100 6,546.75 -0.80% Dow Jones 29,930.28 -0.23% CAC 40 5,507.55 -0.76% SBF 120 4,355.92 -0.72% Euro STOXX 50 3,487.35 -1.08% DAX 13,114.3 -1.36% Ftse Mib 21,709.76 -0.94% Rio Tinto 5,546 +0.38% Bhp 1,989 +0.58% Anglo American 2,443 -2.32% Glencore 237.25 -0.75%
waldron
09/12/2020
11:01
The best stock to use to bet on oil is not an oil stock by Dominic Frisby: Four years ago we discovered the word “lustrum”;. A useful word, it means a five-year period. We are surprised it hasn’t found more use, especially in investment circles. Decades can be so very long. It was back in March 2016: we conceived a “trade of the lustrum”. Today, as we do periodically, we check in on the trade and see how it’s doing. We have less than six months to go before expiry. So cast your mind back four-and-a-half years. Another means to invest in oil is via an exchange-traded fund (ETF) that tracks the price, but because of the complications of futures – backwardation and contango – often you find that the ETFs don’t track the price as closely as you would like. You can spreadbet the spot price, but that produces a whole host of complications to do with the dark arts of spreadbetting. Despite what the firms may tell you, spreadbetting is hard, most don’t understand leverage and end up losing money. Spreadbetting is a skill in itself – great things can come of it – but it is not for ordinary investors who just want a simple proxy for oil in their SIPP. There's no shortage of FTSE and Aim-listed oil plays, but individual company risk is a dangerous game in oil, especially with small and mid-cap oil plays that are focused on just one or a few properties in one country. Tullow Oil (LSE: TLW) is a play we have mentioned in the past, for example, which in theory could give you extra gearing, but unfortunately that has gone the way of the pear. We wanted a “buy and forget” story. Another means is to find investment trusts or ETFs that invest in a basket of oil companies operating in the oil space. This is a good means to remove individual company risk, but it also means you end up owning the mediocre ones too. So in the end the proxy we went for was BHP Billiton (LSE: BHP). The mining giant is best-known for producing metals. It is one of the world's largest iron ore producers, for example. Once upon a time it was the world’s largest silver producer – without owning a single silver mine. All its silver is produced as by-product. And yet, more than 20% of its revenue and 30% of its earnings derive from petroleum. And if you plot a chart of BHP over WTI, you'll see that one tracks the other rather well. Even though it is a single company, it is hugely diversified within that company across both commodity and nation. Back in early March 2016, BHP was trading at just over 700p, and it paid a dividend to compensate you in case you got your market timing wrong. It’s been a rocky ride – March 2020 and the Covid crisis was a particularly difficult period – but today it sits at 1,957p, and is retesting its all-time highs. That’s close to a triple in the last four-and-a-half years. The lustrum trade expires, in theory at least, on March 2, 2021, but I’m bullish on oil and I’m bullish on commodities. New ESG (environmental, social and governance) regulations might encourage fund managers to invest in alternative energy and, effectively, put the brakes on oil investment. But that could easily backfire and send the oil price higher for lack of investment. Because of Covid, we are going to be travelling less too (although more of us are driving) and that too could put the brakes on rising oil. But goods have still got to travel, and we are still going to need energy. Even if we are headed to a green Elysium of clean energy, irony of ironies, they are going to need lots of oil to build the infrastructure in the first place. The coming stimulus to rebuild economies after Covid is also going to mean oil demand. In short, I think oil could easily be heading back over $100 – not next year perhaps, but certainly within the next lustrum. So I’m not selling my BHP just yet. If anything I’m adding.
loganair
05/12/2020
14:44
Commodities point to a strong recovery by Graham Smith: Commodity markets though seem to be urging us to look a bit further ahead and with a more optimistic bent. Oil was back close to US$50 per barrel this week, after OPEC and Russia decided on Thursday to increase their combined production by a smaller than anticipated amount from January. That’s quite a way from the US$38 oil was trading at a month ago and a world away from the negative oil prices of April, when demand conditions in Texas went seriously out of kilter. Reminiscent of conditions during the commodities super cycle of the 2010s, iron ore prices have also leapt ahead. Prices rose to their highest since 2013 this week, as heavy Chinese buying met with news of a production downgrade by Vale, the world’s largest producer of the iron ore and pellets used in making steel. Copper, widely seen as a barometer of global economic trends due to its wide use across a large number of industries, has also been rising rapidly. China imported over 50% more unwrought copper and copper products in October than during the same month in 2019 and, like iron ore, copper prices climbed to a seven-year high this week. These themes sit both well and uneasily with what there have been further hints of so far this crisis –big shifts underway, from west to east and from fossil fuels to green energy and electric vehicles. On the first point, it would appear China’s adept handling of the coronavirus threat may only have accelerated the transfer of economic power and influence eastwards. Mainly as a precautionary measure against inward infection from other countries, more than one million Chinese people have reportedly received a vaccine against Covid-19 since Sinopharm began rolling out its experimental formulation in July. New cases of the virus have been rare in China since early March. Survey data out this week showed China’s economy recovering to pre-pandemic levels, with factory output rising at its fastest rate in ten years. There is little reason to expect any other country being the main source of excess demand for commodities in 2021, as China returns to old methods of building its way out of a downturn. It will, however, probably not be alone. With short and long term interest rates at or near record lows and central banks already buying vast quantities of government bonds to help them stay there, the onus has largely moved to governments to sustain economic growth. Governments around the globe have already made plain their intentions to drive a recovery from the pandemic through spending on aging or missing infrastructure, which will create additional demand for industrial commodities like iron ore and copper. Next to China, the US is likely to remain key. On the campaign trail, President-elect Biden pledged to spend US$2 trillion on clean energy – a positive for copper as well as precious metals such as palladium and rhodium – and on America’s creaking infrastructure, specifically on roads, bridges, water systems and broadband networks. While the US Senate remains finely balanced and could curtail Biden’s plans if it stays Republican after run-off elections in Georgia next month, it seems likely the general impetus to spend more on infrastructure will emerge intact. The implications of rising commodity prices are far reaching. They promise to improve the relative fortunes of commodity producing countries – in particular, emerging markets like Brazil, Russia, South Africa and Indonesia – after a period of losing out to consumption driven economies, notably the US.
loganair
04/12/2020
17:59
Gold COMEX 1,838.00 -0.37% Silver COMEX 24.25 +0.23% Platinum NYMEX 1,074.20 +3.43% Copper COMEX 3.53 +1.26% Brent Crude Oil NYMEX 48.99 +0.57% Gasoline NYMEX 1.27 +0.37% Natural Gas NYMEX 2.50 +2.54% WTI 45.87 USD +0.45% FTSE 100 6,550.23 +0.92% Dow Jones 30,137.55 +0.56% CAC 40 5,609.15 +0.62% SBF 120 4,436.26 +0.66% Euro STOXX 50 3,539.27 +0.58% DAX 13,298.96 +0.35% Ftse Mib 22,160.57 +0.70% Rio Tinto 5,450 +1.28% Bhp 1,930.4 +1.72% Anglo American 2,535 +2.32% Glencore 237.65 +3.10%
waldron
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