BHP Group

BHP Billiton is a global resources company. Co. operates under a Dual Listed Company (DLC) structure, which consists of the BHP Billiton Limited Group and the BHP Billiton Plc Group, operating as a single economic entity. As of June 30 2017, Co. operated four reportable segments: Petroleum, which is involved in the exploration, development and production of oil and gas; Copper, which is involved in the mining of copper, silver, lead, zinc, molybdenum, uranium and gold; Iron ore, which is involved in the mining of iron ore; and Coal, which is involved in the mining of metallurgical coal and thermal (energy) coal.
  • TickerBHP
  • ISINAU000000BHP4
  • ExchangeAustralian Securities Exchange
  • SectorMining
  • CountryAustralia

Analysts

1 director maiden bought

A director at BHP Group Limited maiden bought 3,500 shares at 35.630AUD and the significance rating of the trade was 58/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The nam...

BHP: BHP's reports strong fiscal 2019 results; in line with expectations

BHP's fiscal 2019 results are in line with expectations.

Tracking a Slowdown Path for Aussie Equities

The Fed has massaged market expectations of lower official interest rates and with other central banks jumping onboard global financial conditions have improved in the past few months. Despite the Fed's poor form investors seem complacent about recession prospects, but the stakes are high. The Aussie stock market tends to underperform in both the slowdown and recession scenarios. A 16% return, on average, occurs during a US slowdown, while a recession scenario delivers a -12% decline on average. Despite this relatively poor performance vs the US at the index level, there are still opportun...

Mathew Hodge

Morningstar | Dividends the Likely Focus of BHP’s Fiscal 2019 Result, AUD 31 FVE Retained

The strong iron ore price is the dominant driver of no-moat-rated BHP Group’s share price. As with our recent review of Rio Tinto, it’s the key reason we see BHP shares as overvalued. That said, BHP is not as expensive as Rio Tinto given the lower relative exposure to iron ore and the importance of oil to BHP’s earnings and fair value estimate. We are more positive on the outlook for oil given the current price is not excessive, unlike iron ore. We retain our AUD 31 per share fair value estimate for BHP. Fiscal 2019 production generally modestly exceeded our forecasts, with the exception of c...

Mathew Hodge

Dividends the Likely Focus of BHP’s Fiscal 2019 Result, AUD 31 FVE Retained

The strong iron ore price is the dominant driver of no-moat-rated BHP Group’s share price. As with our recent review of Rio Tinto, it’s the key reason we see BHP shares as overvalued. That said, BHP is not as expensive as Rio Tinto given the lower relative exposure to iron ore and the importance of oil to BHP’s earnings and fair value estimate. We are more positive on the outlook for oil given the current price is not excessive, unlike iron ore. We retain our AUD 31 per share fair value estimate...

BHP: BHP's reports strong fiscal 2019 results; in line with expectations

BHP's fiscal 2019 results are in line with expectations.

BHP Group Limited - December 2018 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

BHP: BHP's interim results are in line with expectations

BHP's first half fiscal 2019 results are in line with expectations.

Moody's: Australian corporates to benefit from modest earnings growth in 2019

Moody's Investors Service says that Australian corporates will see modest earnings growth in 2019, supported by expected GDP growth of around 2.8% and the continuation of accommodative monetary policy settings. "IMPORTANT NOTICE: MOODY'S RATINGS AND PUBLICATIONS ARE NOT INTENDED FOR...

BHP : Update following upgrade to A2

Our credit view of BHP reflects its robust financial profile, strong cost position and disciplined financial policy which supports its resilience against volatility in commodity prices.

Tracking a Slowdown Path for Aussie Equities

The Fed has massaged market expectations of lower official interest rates and with other central banks jumping onboard global financial conditions have improved in the past few months. Despite the Fed's poor form investors seem complacent about recession prospects, but the stakes are high. The Aussie stock market tends to underperform in both the slowdown and recession scenarios. A 16% return, on average, occurs during a US slowdown, while a recession scenario delivers a -12% decline on average. Despite this relatively poor performance vs the US at the index level, there are still opportun...

Mathew Hodge

Morningstar | Dividends the Likely Focus of BHP’s Fiscal 2019 Result, AUD 31 FVE Retained

The strong iron ore price is the dominant driver of no-moat-rated BHP Group’s share price. As with our recent review of Rio Tinto, it’s the key reason we see BHP shares as overvalued. That said, BHP is not as expensive as Rio Tinto given the lower relative exposure to iron ore and the importance of oil to BHP’s earnings and fair value estimate. We are more positive on the outlook for oil given the current price is not excessive, unlike iron ore. We retain our AUD 31 per share fair value estimate for BHP. Fiscal 2019 production generally modestly exceeded our forecasts, with the exception of c...

Mathew Hodge

Dividends the Likely Focus of BHP’s Fiscal 2019 Result, AUD 31 FVE Retained

The strong iron ore price is the dominant driver of no-moat-rated BHP Group’s share price. As with our recent review of Rio Tinto, it’s the key reason we see BHP shares as overvalued. That said, BHP is not as expensive as Rio Tinto given the lower relative exposure to iron ore and the importance of oil to BHP’s earnings and fair value estimate. We are more positive on the outlook for oil given the current price is not excessive, unlike iron ore. We retain our AUD 31 per share fair value estimate...

Mathew Hodge

Morningstar | Vale’s Misfortune Priced into the Iron Ore Miners but Value Emerging in Base Metals and Coal

Iron ore and gold prices are flying but we don’t think either will last. Iron ore is benefiting from unusually strong demand and supply disruptions while gold is rising with negative interest rates. The global miners remain overvalued. The sector trades at an average 10% premium to our fair value estimates, versus a 20% premium three months ago. The iron ore miners--BHP, Rio Tinto, Fortescue and Vale, on average are at a 30% premium, while the rest of our coverage is only at a 4% premium. The coal miners have been soft and New Hope and Whitehaven now stand out as being relatively undervalued. ...

Mathew Hodge

Vale’s Misfortune Priced into the Iron Ore Miners but Value Emerging in Base Metals and Coal

Iron ore and gold prices are flying but we don’t think either will last. Iron ore is benefiting from unusually strong demand and supply disruptions while gold is rising with negative interest rates. The global miners remain overvalued. The sector trades at an average 10% premium to our fair value estimates, versus a 20% premium three months ago. The iron ore miners--BHP, Rio Tinto, Fortescue and Vale, on average are at a 30% premium, while the rest of our coverage is only at a 4% premium. The co...

1 director maiden bought

A director at BHP Group Limited maiden bought 3,500 shares at 35.630AUD and the significance rating of the trade was 58/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The nam...

BHP GROUP LTD. sees its risk increased and a downgrade to Neutral

BHP GROUP LTD. (AU), a company active in the General Mining industry, increases its market risk and lowers its general evaluation. The independent financial analyst theScreener just requalified the stock market behaviour as moderately risky. On the other hand, theScreener awards a fundamental star to the title, but the new risk assessment downgrades the general evaluation to Neutral. As of the analysis date May 17, 2019, the closing price was AUD 38.46 and its expected value was estimated at AUD 37.69.

Philip Morrish

Value Indicator - UK Main Market 28012019

Currently '(TM)Value Indicator - UK main market' is a value analysis of the Basic Resources, Construction & Materials, Telecoms and Utilities sectors of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.

Philip Morrish

Value Indicator - UK Basic Resources 28012019

Currently '(TM)Value Indicator - UK Basic Resources' is a value analysis of the Basic Resources super sector of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices

Philip Morrish

Value Indicator - UK Main Market 03122018

Currently '(TM)Value Indicator - Main market' is a value analysis of the Basic Resources, Construction & Materials, Telecoms and Utilities sectors of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prcies.

MarketLine Department

Altech Chemicals Ltd - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's Altech Chemicals Ltd Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Altech Chemicals Ltd since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage...

MarketLine Department

Coal India Ltd - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's Coal India Ltd Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Coal India Ltd since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage. Key Highl...

MarketLine Department

Norsk Hydro ASA - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's Norsk Hydro ASA Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Norsk Hydro ASA since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage. Key Hig...

MarketLine Department

Cleveland-Cliffs Inc - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's Cleveland-Cliffs Inc Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Cleveland-Cliffs Inc since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage...

MarketLine Department

White Energy Co Ltd - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's White Energy Co Ltd Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by White Energy Co Ltd since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage. ...

BHP Billiton – Proxinvest Corporate Governance Rating ® : C

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

Emerging Markets breakdown, avoid; MSCI ACWI falls below 200-day moving average; Be selective in Japan Global markets have deteriorated considerably since we published our June International Macro Vision last week. The MSCI EM index has decisively broken down below the 60,000 major support level we identified, which coincided with a breakdown in relative strength. We're cutting EM to underweight and recommend reducing exposure. Additionally, the MSCI ACWI ETF has broken below its 200-day MA, leading us to believe additional consolidation is likely. ACWI long-term breadth as measured by the pe...

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