BHP Group Plc engages in the exploration, development, production, processing and marketing of minerals, and oil and gas. It operates through the following segments: Petroleum, Copper, Iron Ore, and Coal. The Petroleum segment focuses on exploration, development, and production of oil and gas. The Copper segment includes mining of copper, silver, lead, zinc, molybdenum, uranium, and gold. The Iron Ore segment focuses only on mining of iron ore. The Coal segment is the mining of metallurgical coal and thermal energy coal. The company was founded on June 29, 2001 and is headquartered in London, the United Kingdom.
BHP Group PLC LON:BHP
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About BHP Group PLC
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In a report on Tuesday, BHP Group (LON: BHP) said that its full-year profit came in 4% lower on an annualised basis that was also weaker than what the experts had forecast. BHP acknowledged the risk of a second wave of COVID-19 cases that it warned could sharply undermine growth. Shares of the company were down 1.5% in premarket trading on Tuesday. The stock continued the slide and lost another 1% on market open. At £18.12 per share, BHP Group is...
BHP Group (LON:BHP) has urged investors to vote down resolutions which would force it to cut ties with industry lobbying groups whose goals are not aligned with those of the Paris agreement. The move comes ahead of the mining giant’s annual general meetings (AGMs). BHP’s share price has fallen deep into the red in today’s session, with the stock going ex-dividend. As of 13:45 BST, the shares were changing hands 4.06 percent lowe...
The FTSE 100 looks set to extend the previous session’s gains, benefitting from strong leads from the US and Asia, where investors have welcomed the easing of tensions in Hong Kong. Brexit will also stay in focus with investors monitoring the latest political developments in the UK. FTSE 100 seen higher IG’s opening calls suggest that the Footsie will start trading 0.38 percent higher at 7,339 points. In the US, shares rose last night with the wi...
The FTSE 100 Index is on track to finish the Friday session higher, thanks to solid contributions from miners and hopes that the US and China might be willing to resume their trade negotiations. As noted by Reuters, Washington and Beijing signalled that they would be looking for ways to avoid trade war escalation. “The more measured tone in deciding to focus on next month’s meeting to discuss removing the extra duties has seen some op...
BP Plc (LON:BP) announced earlier this week that it had agreed to sell its entire business in Alaska to Hilcorp for $5.6 billion. This effectively means that the FTSE 100 oil giant is ending its 60-year presence in the US state. The deal will include BP’s entire upstream and midstream business in the state, including BP Exploration (Alaska) Inc., that owns all of BP’s upstream oil and gas interests in Alaska, and BP Pipelines (Alaska)...
BHP Group (LON:BHP) saw its share price drop during today’s morning session on the London Stock Exchange, even though the company announced its largest annual profit in five years and a record final dividend. The Anglo-Australian miner earlier today published its financial results for the year ended June 30. The report showed that the miner’s underlying profit for the one-year period had risen to $9.12 billion (roughly £7.54 bil...
The FTSE 100 index has seen significant gains on Monday, bolstered by strong performances from retailers, miners and oil companies. The blue chip index has gained more than one percent since the start of the session, solidifying its position above the 7,100-point level. The FTSE 100 rose to as high as 7,214.23 points earlier in the session, but is currently hovering just below the 7,200 mark. The retail sector has been a major contributor to the...
FTSE 100 preview: Index seen higher amid new PM expectations The FTSE 100 looks set to open higher this morning, amid the ongoing earnings season and with investors awaiting news over the UK’s new prime minister. BHP Group (LON:BHP) will be in focus today amid reports that investors are pushing for management changes. FTSE 100 seen higher IG’s opening calls suggest that the Footsie will start trading 0.38 percent higher at 7,544 points. The UK po...
The FTSE 100 looks set to open lower this morning, pressured by the latest comments by US President Donald Trump over the country’s trade relations with China. On the corporate front, miners will be in focus amid company reports. FTSE 100 seen lower IG’s opening calls suggest that the Footsie will start trading 0.25 percent lower at 7,559 points. The blue-chip index is likely to take cues from the US where shares fell last night as Pr...
The FTSE 100 looks set to start the new week little changed, with investors digesting the newest economic data out of China. On the corporate front, GlaxoSmithKline (LON:GSK) is reportedly set to unveil a new chairman as it prepares to break up its business. Muted start ahead IG’s opening calls suggest that the Footsie will start trading 0.03 percent lower at 7,504 points. In Asia, shares have been mixed this morning as data showed that China’s e...
The UK benchmark index looks set to open lower this morning, extending the previous session’s hefty losses, amid lingering concerns over the US-China trade relations. In FTSE 100 company news, ITV (LON:ITV) will post a trading update as it holds its annual general meeting later today. FTSE 100 to open lower IG’s opening calls suggest that the Footsie will start trading 0.12 percent lower at 7,252 points. The blue-chip index is likely to take cues...
Shares in BP (LON:BP) have fallen into the red this Monday ahead of the blue-chip oil major’s first-quarter update due out tomorrow. Proactive Investors reports that Deutsche Bank expects a small drop in the company’s profit during the first three months of the year. As of 14:50 BST, BP’s share price had given up 0.99 percent to 550.60p, underperforming the broader London market, with the blue-chip FTSE 100 index having climbed...
The FTSE 100 has inched marginally lower in today’s session, despite a positive lead from Asia. Investors have instead focused on updates by blue-chips including Bunzl (LON:BNZL) and BHP (LON:BHP). FTSE 100 inches lower As of 12:29 BST, the Footsie had given up 8.80 points to stand 0.12 percent lower at 7,461.12. Sentiment has been subdued despite an upbeat lead from Asia, where shares rose on the back of strong data out of China. Reuters q...
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