BHP – Macquarie rates the stock as Outperform
The Outperform rating and target price of $51.00 are retained.
Read MoreThe Outperform rating and target price of $51.00 are retained.
Read MoreBHP has emerged with a 5.5% stake in Ivanhoe Electric, the biggest copper explorer to list on Wall Street for some time.
Read MoreBudget tax moves have seen coal miners up in arms about a rise in royalties in Queensland, but Tabcorp is happy about the NSW Government’s changes to gambling taxes.
Read MoreAmid the short-term weakness in the BHP share price, the company’s huge Jansen potash project in central Canada is becoming ever more integral to its future plans.
Read MoreBHP has announced that its high-quality Mount Arthur thermal coal mine cannot be sold and will be run (NSW government approval permitting) until the end of the decade and then closed.
Read MoreWoodside Energy says it has completed its merger with BHP’s oil and gas portfolio and new Woodside shares will start trading this week.
Read More2021 saw a surge in global dividend payments to shareholders to record levels after they had sagged in the first year of the pandemic in 2020, with BHP at the very top of the list.
Read MoreThe broker maintains its Outperform rating. The target price of $60 is unchanged.
Read MoreBHP did much better in its key iron ore business than rival Rio Tinto did, although the surge in WA Covid infections and associated labour shortages in hit its nickel and copper operations.
Read MoreThe Outperform rating and target price of $61.00 are retained.
Read MoreBHP’s restructure and vaunted image as a global mining leader, especially when it comes to renewables, played a key role in the local sharemarket’s strength in the first quarter of 2022.
Read MoreThe Outperform rating and target price of $61.00 are retained.
Read MoreSuddenly, thanks to the Ukrainian invasion, the outlook for BHP’s Jansen potash project is looking much rosier, with Russia and Belarus the world’s second- and third-largest potash producing countries.
Read MoreAfter dropping out of the battle for Noront Resources, BHP has found another Canadian explorer it likes which has a huge emerging copper, gold silver deposit in a country it also likes – Chile.
Read MoreNothing like having a better-than-expected result and a tasty reward for shareholders under the belt and so it was with BHP, with a big rise in profit and a record interim dividend.
Read MoreThe first day of trading in reunified BHP shares under the sole ASX listing was a reminder of where the real weight lies when it comes to the ASX 200’s diurnal ebbs and flows.
Read MoreMore than $15.3 billion worth of BHP shares were traded on Friday ahead of today’s commencement of higher market weightings in the major ASX indices for the mining giant.
Read MoreBHP shareholders in London have joined their Australian counterparts in approving plans to scrap the group’s dual listing and move the main stock market listing to the ASX.
Read MoreBHP shareholders in Melbourne on Thursday night voted overwhelmingly to return the company back to a single listing after 21 years of dual quotation in London and Australia.
Read MoreTarget price rises to $43 from $41 to reflect the strong December quarter. Neutral rating retained given recent share price strength.
Read MoreAhead of today’s key shareholder vote to unify its corporate structure, BHP has produced a reassuring half year production and sales update – especially for iron ore.
Read MoreAhead of the BHP unification, US-owned fund manager Vanguard Australia has revealed its rebalancing strategy and warned of some transitory risks to some of its funds.
Read MoreThe ACCC has greenlit Woodside Petroleum’s proposed acquisition of BHP Petroleum.
Read MoreBHP told the ASX on Monday the two sides were unable to reach agreement on Wyloo, which owns 37.5 per cent of Noront, supporting a takeover by BHP.
Read MoreTarget falls to $45.70 from $46.05, Add retained.
Read MoreShares in Stanmore Resources soared as much as 24% on Monday and closed up 14% after announcing a deal to buy low grade metallurgical coal assets from BHP for $A1.8 billion.
Read MoreBHP is talking to Andrew Forrest’s Wyloo Metals about their respective bids for Noront Resources, which holds some of the most attractive prospects in the emerging Ring of Fire province in Canada.
Read MoreAfter several days of going nowhere, news from China sent iron ore prices lower on Thursday, just as some of the big boys revealed cuts to output due to the uncertain global outlook for 2022.
Read MoreA day after would-be Canadian nickel miner Noront Resources chose the higher offer 70 cents a share (Canadian) from Andrew Forrest’s Wyloo Metals, BHP has hit back with a higher offer of its own.
Read MoreBHP has joined rival Rio Tinto in revealing a weak performance in its core Australian iron ore export operation in the Pilbara, failing to match last year’s output for the third consecutive quarter.
Read MoreBHP has reached a deal with a battery-making joint venture between Toyota Motors and Panasonic, thereby greatly expanding the company’s footprint in the rapidly growing electric vehicle business.
Read MoreThe gods are smiling on our two big energy sector marriages – BHP selling its oil and gas operations to Woodside and its own shareholders, and the Santos swallowing of Oil Search.
Read MoreAfter a big PR campaign extolling its virtues as a major green player, BHP now wants to expand a coking coal mine in Queensland that is going to test those green credentials for both the company and regulators.
Read MoreFor the first time BHP has put some substantive flesh on the sales side of its multi-billion-dollar plunge into potash, reporting non-binding deals for up to 100% of future production from its Jansen project in Canada.
Read MoreAs BHP moves towards a major revamp, it has revealed it is going to lose two directors and has asked a third who planned to retire to hang on for another year to help oversee the changes.
Read MoreBHP has reiterated its determination to take over Canadian nickel explorer Noront Resources, despite a mooted higher offer from Fortescue Metals chairman Andrew “Twiggy” Forrest’s Wyloo Metals.
Read MoreWith the huge news of BHP’s exit from oil and gas and proposed entry into potash, we thought it apropos to do a deeper dive into the reasons behind the move and what it means for The Big Australian moving forward.
Read MoreUBS believes the risk/reward is balanced, with cash returns and restructuring supportive, although notes iron ore prices remain vulnerable. Neutral rating and $42 target retained.
Read MoreMorgans maintains its Hold rating and edges up its target price to $45.90 from $45.50.
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