ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

BLT Bhp Billiton

1,573.00
0.00 (0.00%)
29 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bhp Billiton LSE:BLT London Ordinary Share GB0000566504 ORD $0.50
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 1,573.00 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
1,571.40 1,572.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 1,573.00 GBX

BHP Billiton (BLT) Latest News

BHP Billiton News

Date Time Source Headline
09/5/202413:24UKREGNorges Bank - Form 8.3 - BHP Group Limited

BHP Billiton (BLT) Discussions and Chat

BHP Billiton Forums and Chat

Date Time Title Posts
27/5/201919:10BHP BILLITON167
18/4/201907:47bacon lettuce and tomato12,872
19/8/201819:42BHP Billiton (BLT) One to Watch on Monday -
08/6/201709:00image-
30/8/201622:57Analysts' View on BHP Billiton (BLT)-

Add a New Thread

BHP Billiton (BLT) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type

BHP Billiton (BLT) Top Chat Posts

Top Posts
Posted at 23/11/2018 08:28 by solomon
Seems like the ticker has changed from BLT to BHP
Posted at 03/11/2018 19:10 by loganair
MINING BONANZA Shareholders in BHP Billiton were feeling flush as the mining giant promised to return £8billion to them.

Half would come through buying back investors’ shares, while £4billionn would be through a dividend in January. (This will equate to around £1.90 per share)

It comes after BHP sold its US onshore oil and shale gas assets in July.
Posted at 01/11/2018 09:49 by togglebrush
Special dividend due, see Todays RNS for detail,
Titled BHP Billiton PLC BHPs US$10.4 billion shareholder return program

BHP intends to pay the balance of the net proceeds from the sale of its Onshore US assets (expected to be US$5.2 billion) to all shareholders in the form of a special dividend (Special Dividend) to be determined following completion of the Off-Market Buy-Back, and to be payable in January 2019.
'
FWIW
Shares in Issue (m) 2,112.00 … so if my billions to millions are correct … we may get roughly $US2 per share ???
'
The dates are:-
Formal Announcement is 17 Dec 2018 .. X Divi 11 Jan 2019 … Paid 30 Jan 2019
Posted at 26/9/2018 21:45 by loganair
Deutsche Bank reckons all of BHP Billiton’s near-term catalysts are in the past:


“After outperforming year-to-date on (1) successful sale of the US Onshore business (2) strong oil prices (3) improved operational performance in H2 FY18, the major near-term re-rating catalysts are behind us”

BHP Billiton has been downgraded to ‘hold’ by analysts at Deutsche Bank.

It has been a busy year for the coal, copper and iron miner, which last month declared a record dividend pay-out following a 33% jump in profits.

BHP disposed of its US shale gas assets for US$10.7bn over summer, while the rebounding oil prices – BHP is an oil producer as well as a miner – and improved operational performance have all contributed to the strong 2018 so far.

Unfortunately for investors, Deutsche analyst Liam Fitzpatrick acknowledges the strong share price performance since the turn of the year but reckons most of the “major near-term catalysts are behind us”.

He does, however, think there is room for BHP to get rid of some of its other non-core assets from its portfolio.

“After spinning out South 32 in 2015 (US$9.4bn) and recently selling US Onshore (US$10.7bn), BHP is more simplified but not yet simple,” wrote the analyst in a note to clients.

“We still see other assets in the portfolio that are, like the South 32 assets previously, likely to receive less capital than the major divisions. These include Nickel West, the Australian oil/gas assets and NSW Energy Coal.”

Fitzpatrick isn’t convinced that management will push ahead with these and certainly not at a pace he would like.

“The pace of simplification is clearly slowing and management's recent commitment to the remaining oil/gas portfolio suggests that longer term (FY21+) capex could move above the US$8bn per annum ceiling set for FY19/20.”

Fitzpatrick dropped his rating to ‘hold’ from ‘buy’, while he also lowered his price target to 1,800p from 1,860p.
Posted at 29/12/2017 15:02 by loganair
By James Mickleboro:

The strong run of the BHP Billiton (ASX: BHP) share price continued during trade on Thursday.

At one stage the mining giant’s shares reached a two-year high of $29.54.

Why are its shares at a two-year high?

As well as its solid full-year result which saw revenue increase 24% and profit rise 192%, investors appear to be scrambling to get hold of the mining giant’s shares amid bullish forecasts for the global economy in 2018.

With the global economy predicted to grow 3.7% in 2018 by many economists and research firms, this will be the strongest growth seen in seven years.

Unsurprisingly this has led to a number of commodity price upgrades from brokers, leading many to believe that BHP Billiton, Rio Tinto (ASX: RIO), Fortescue Metals Group (ASX: FMG), and Santos (ASX: STO) are poised to deliver strong profit growth.

Is it a buy?

While all the aforementioned resources shares could potentially outperform the market next year, I still have a preference for BHP Billiton even though it is at a two-year high.

This is because I’m reasonably bullish on petroleum, iron ore, and copper prices in 2018. These three commodities accounted for 81% of its earnings before interest, tax, depreciation, and amortisation in FY 2017. So if they perform well then BHP Billiton’s performance should continue to improve.

Ultimately I expect this to lead to solid share price gains and an increase to its generous fully franked dividend next year.
Posted at 10/10/2017 09:51 by loganair
By James Mickleboro:

In afternoon trade the BHP Billiton Limited (ASX: BHP) share price has edged higher to $26.64.

This small gain has brought the mining giant’s year-to-date return to almost 7%.

But according to one leading broker the BHP share price could still have a little further to run over the next 12 months.

A research note out of Deutsche Bank this morning reveals that its analysts have retained their buy rating and increased the price target on its shares to $28.50.

According to the note, the broker has increased its price target after making positive adjustments to its iron ore earnings forecasts.

Should you invest?

In my opinion, an investment in BHP comes largely down to whether petroleum and iron ore prices remain favourable.

Combined these two commodities accounted for approximately 65% of company EBITDA in FY 2017.

As I’m more bullish on oil prices now than I was last time I looked at BHP, I would agree with Deutsche that it could be a good time to pick up shares .

Margins in iron, coal and copper were significantly higher over the last half-year.

BHP Billiton has removed substantial cost from its operations, and is much more efficient than it was 5 years ago.

Cost savings have continued, with some $2 billion in additional productivity gains. Capital expenditure has continued to moderate and, perhaps most surprising, margins have increased significantly.

Five years ago or so BHP Billiton said it would "emerge stronger" on the other side of the commodities downturn. That was not an idle promise. BHP has emerged and it is much stronger, with both a lower cost structure and less debt.

Basically, BHP has reduced capital expenditure to where it just offsets declines in production. Next year capex is expected to increase to $6.9 billion, but even then, the cash flow situation will be just fine. Over the last twelve months, BHP generated $16.8 billion in operating cash flow, spent $4.6 billion in GAAP-recognized capex, leaving $12.2 billion in free cash flow. The next twelve months' dividend, if the dividend per share remains the same, will be $5.3 billion. That leaves a lot of excess cash flow, which I suspect will go towards further debt reduction or a higher dividend.

Management more than doubled the dividend in 2017.

A solid choice for income investors:

I was nervous about getting back into BHP thirteen months ago, when shares were $6 lower than where they are now. Today, however, I'd like to recommend BHP for income investors. Yes, I missed the bottom near $20, but BHP is now on much more solid ground, and has an attractive dividend. Commodities appear to have broadly bottomed and seem to be going higher. In general, there are very few 'greenfield' projects out there and demand continues to tick higher for most hard commodities, including iron and coal.

At present, BHP Billiton is spinning off lots of cash, and it will continue to do so as commodity prices rise or at least remain stable, which I believe they will. I think BHP is now quite a good income play, and I believe that income investors who buy in now will not regret it in the long run.
Posted at 23/3/2017 10:55 by loganair
The BHP Billiton Limited (ASX: BHP) share price has so far managed to rebound 1.6% today following yesterday’s sell-down. The BHP share price is now fetching $24.30, compared to a recent high of $27.95.

BHP Billiton has been one of the market’s top performing blue chip shares over the past 12 months, lifting around 38% during that time. Although it started 2017 on another high note however, the BHP share price has since taken a turn for the worse and is trading 3% lower since the year began.

The reason for yesterday’s decline appears to have been a sharp fall in the price of both iron ore and oil – both of which BHP produces. The iron ore price fell 4.3% on Tuesday and another 3% overnight to just under US$85 a tonne, according to The Metal Bulletin, while oil prices were trading 0.6% lower as well.

Although commodity prices are prone to fluctuations, the movements over the past two sessions are bound to make some investors in the sector anxious. After all, both iron ore and oil have skyrocketed in price since bottoming out in early 2016. But with particular regards to iron ore, there are some predictions that suggest a sharp decline is in store for the commodity before the end of 2017 which has the potential to drag heavily on the BHP share price, together with the share prices of rivals Fortescue Metals Group Limited (ASX: FMG) and Rio Tinto Limited (ASX: RIO).

For instance, The Australian Financial Review recently reported:

“However, for all that commodity’s price gains defied predictions in 2016 and early 2017, many analysts now believe new supply, high inventories, and insufficient demand are setting iron ore up for sharp losses in the second half of this year.”

Now, BHP is one of the lowest cost producers in the world, as are Rio Tinto and Fortescue. But falling iron ore prices would still have an impact on their margins and hence, their ability to generate stronger returns for shareholders.

Because of its diversification, its long operating history and its lower costs, BHP is justifiably one of the first miners investors should look at for exposure to the sector. But after its strong run, and the risk of a pullback in commodity prices this year, investors ought to approach with caution.
Posted at 10/10/2016 09:40 by loganair
Now Is The Time To Reconsider BHP Billiton by Ivory Wolf:

Summary

BHP Billiton has been at the center of much controversy in recent times with the downward spiral of commodity prices, alongside the death of 19 people at the Samarco mine.

Now is the time to strongly reconsider a medium-to-long-term investment proposition in this company for a number of reasons.

BHP Billiton pays a dividend yield of 1.78%, has a manageable debt-to-equity ratio, and possesses a healthy cash flow to "weather the storm" of relatively low commodity prices.

The opportunity presented provides a direct prospect of asymmetric risk/reward with a risk-reward ratio of 2.97, with a clearly defined exit stop loss for BHP Billiton in underlying Australian share ownership.

Context - Why does this opportunity exist? Why is the stock underpriced?

I firmly believe that this is the time to strongly reconsider a medium-to-long-term investment proposition in this company for a number of reasons. Firstly, BHP Billiton is well renowned as a diversified mining company that spreads its exposure to multiple markets and commodities, which is particularly important in the light of current and upcoming events, including the volatile gold and silver markets, as well as the Brexit issues, U.S. Presidential Election, and looming (yet inevitable) interest rate hikes that are speculated towards the end of the year by the U.S. Federal Reserve, all of which are creating increasing uncertainty with each passing day throughout the markets and within the minds of investors, both institutional and individual alike. However, it cannot be ignored that the share price performance of BHP Billiton has been stellar over the past month, in particular, whilst the overall S&P index has essentially tracked sideways to negative, even amongst increased uncertainty in the markets and recent market turmoil. I expect that this will continue as investors search for a "safe haven" for active investment (as an alternative for bonds) to place their hard earned money over the next year. In addition, BHP Billiton is considered a darling "blue chip" Australian stock that is favored strongly by Australian superannuation companies, so I expect that any positive trends in the share price performance will be viewed quite fondly by active managers of such companies who are required to invest their client's funds in the share market and are actively hunting for growth.

From a technical analysis perspective, since the share price had been observed plunging to multi-year lows in January 2016 by the markets for all BHP listings, the company's share price performance has leveled out for the past nine months (Figure 1). It appears that the market's natural tendency of a "short memory" with respect to the Samarco mine tragedy, the recent rising trend in commodity prices such as crude oil and metallurgic coal, and a technical analysis breakout which is currently occurring, indicates that buyer's interest is re-emerging once again.

On a fundamental analysis perspective, BHP Billiton has improving foundations of strength and pays a moderate dividend yield of 1.78%. BHP Billiton's balance sheet possesses a manageable debt-to-equity ratio of 67.1% and a healthy cash flow of A$2.74 per share (which, according to the Health Ranking Model, is below the benchmark 75% for debt-to-equity, and indicates that BHP Billiton has enough cash to cover 3 years' worth of negative cash flows, respectively. These strengths in BHP Billiton's balance sheet are useful in order to "weather the storm" of relatively low commodity prices (compared to historically higher prices) in the face of BHP Billiton's current Earnings Per Share [EPS] of -$1.57, with long-term 5-year EPS growth of -117.2%, which is well below the Intelligent Investor Value Model's benchmark of 30%.

With the investigation of the Samarco mine disaster now complete, and commodity prices now trending upwards, I believe that investors are finally starting to see the true value in BHP Billiton and that all of these factors combined are changing investor perception and driving the catalyst for change. Friday's close is still a far cry short of BHP Billiton's 2015 high of $31.07, which is a reasonable target for the company's share price considering worldwide underlying fundamental demand for commodities.

Looking forward, it is well renowned that Australia's mining industry has been slowing down over the past number of years, but BHP Billiton has the reputation for diversification in order to overcome such slow downs, which could see BHP emerge well on top of its competitors in the mining space. I expect the same can also be said about the upcoming Brexit issues which are expected to be reaching a pinnacle by March 2017 based upon recent news commentary, which will be particularly interesting to observe with respect to how BHP Billiton's company performance will compare to others such as Rio Tinto and Glencore- Although the announcement of the company's first dividend cut in almost thirty years would have been disappointing to shareholders in the first instance, I'm personally impressed that this was accompanied by an abandonment of payout policy/capital spending, which shows that management is committed to long-term development and restructuring of the internal mechanics in keeping the company running smoothly and profitably. In addition, as alluded to earlier in this article, the company is showing incredible resilience with respect to its share price performance in recent times, even when faced with a number of issues from a variety of sources - volatile gold and silver markets, Brexit issues, the U.S. Presidential Election, and looming interest rate hikes. I believe that all these factors combined are true positives for the company and set to increase investor sentiment and BHP Billiton's reputation further, which should be a catalyst for share price appreciation in the future and a great medium-to-long-term investment proposition in this company.

Time frame - Is this a multi-year play, or a short-term opportunity?

It would not be unreasonable to expect a time frame of six to eight months for a steady rate of return once more. This time frame appears to be more aggressive compared to that provided by Stoxline, which currently projects a six-month target of A$26.34 and a one-year target of A$30.76 in the underlying Australian share price for BHP Billiton.

As individual investors, we aren't fully aware of the intricate underlying details "behind closed doors", so it is important to be mindful of anything that just doesn't "feel right" within the financial and technical analyses that you observe. Know your risks, know what's available, and if you don't understand it, don't get involved (or close out of your position). Remain in control - after all, it's your hard earned money that you're working with, isn't it?

In relation to this particular trade in BHP Billiton, the underlying Australian share price movement is already heading in the right direction (up). The first test that the underlying Australian share price will face is the resistance point at A$25.88, which was the swing high formed on 01 September 2015. Should the test of this resistance fail on the first attempt, don't despair, the trade as a whole will not fail unless the support level of A$19.69 is breached (i.e. a close in the underlying share price forms below this point). This provides plenty of "wiggle-room" for the share price to "move".
Posted at 05/4/2016 09:15 by anley
If there is a world glut of steel - and there is - then at some point the Chinese will stop IO imports. When that happens the price of IO will go down and that will impact on the cash flow and subsequent profitability for BLT.

Simple economics and that is why the BLT share price is drooping nearly every day...........
Posted at 08/1/2016 10:48 by loganair
orinocor - Depends whether one is looking short or long term. In my good opinion, long term I'd plump for BLT as it is one of the lowest cost miners of the commodities it mines and therefore when the prices begin to pick up again there is a greater likelihood of BLT share price gaining more than RIO with also a higher dividend yield, going forward long term.

I am a new investor into BLT and invested knowing there is a good probability of BLT dividend being cut by up to 50%, any thing less will be just an added bonus.

Coal, one of the 4 main comedies BLT mines - India has announced the building of 30 coal fired power station to increase electricity generation 4 fold.

'India imports 18.9 million mt coal in December, up 11% on month.'
BHP Billiton share price data is direct from the London Stock Exchange

BHP Billiton Frequently Asked Questions (FAQ)

Your Recent History

Delayed Upgrade Clock