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BHP Billiton PLC (BBL)

BBL on New York Consolidated

36.74USD
20 Sep 2017
Change (% chg)

$0.15 (+0.41%)
Prev Close
$36.59
Open
$36.79
Day's High
$36.90
Day's Low
$36.69
Volume
373,410
Avg. Vol
1,626,341
52-wk High
$39.12
52-wk Low
$26.95

Latest Key Developments (Source: Significant Developments)

BHP recommends shareholders vote against resolution on climate change and energy policy
Tuesday, 19 Sep 2017 02:46am EDT 

Sept 19 (Reuters) - BHP Billiton Ltd :"Board is recommending that shareholders vote against both of resolutions".Refers to resolutions ‍under section 249n of corporations act for consideration at AGM​.Resolution 1 being special resolution to amend company's constitution.Resolution 2 is ordinary resolution on public policy advocacy on climate change and energy.  Full Article

Mitchell Services announces extension of BHP Olympic Dam contract
Monday, 4 Sep 2017 06:29pm EDT 

Sept 5 (Reuters) - Mitchell Services Ltd :Announces extension of BHP Olympic Dam contract under agreed contract variation.Announces contract expiry extended to April 2019.Under varied terms, co will provide up to 7 underground rigs & will play integral part in BHP's plans to expand into high-grade southern area of mine.  Full Article

BHP Billiton says unit prices €750 million 3.00% notes due May 2024
Thursday, 31 Aug 2017 04:56pm EDT 

Aug 31 (Reuters) - BHP Billiton Ltd :Unit prices €1.25 billion 2.125% notes due November 2018; €600 million floating rate notes due April 2020‍​.Unit prices €1.25 billion 2.25% notes due September 2020; €650 million 0.75% notes due October 2022‍​.Unit also prices €750 million 3.00% notes due May 2024; and €750 million 3.25% notes due September 2024‍​.  Full Article

BHP increases offer cap US bond repurchase plan
Thursday, 31 Aug 2017 10:55am EDT 

Aug 31 (Reuters) - BHP BILLITON PLC :BHP INCREASES OFFER CAP US BOND REPURCHASE PLAN.‍WILL SPEND US$1,941,124,380.13 PURCHASING NOTES UNDER EURO TENDER OFFERS​.‍HAS INCREASED GLOBAL AGGREGATE CAP FROM US$2,500,000,000 TO US$ 2,941,124,380.13​.‍OFFER CAP AMOUNT FOR REPURCHASE OF NOTES IN TENDER OFFERS IS THEREFORE US$1,000,000,000​.  Full Article

BHP Billiton announces indicative results of euro bond repurchase plan
Thursday, 31 Aug 2017 06:56am EDT 

Aug 31 (Reuters) - BHP BILLITON PLC ::INDICATIVE RESULTS BHPS EURO BOND REPURCHASE PLAN.‍PRICING WILL TAKE PLACE AT OR AROUND 1.00 PM LONDON TIME, AUG. 31, 2017​.  Full Article

BHP Billiton announces appointment of Terry Bowen and John Mogford to board
Tuesday, 22 Aug 2017 06:57pm EDT 

Aug 23 (Reuters) - Bhp Billiton Ltd :BHP board changes.Announced appointment of Terry Bowen and John Mogford to bhp board as independent non-executive directors.Malcolm Brinded has decided not to stand for re-election as a non-executive director at 2017 annual general meetings.Grant King has decided that he will not stand for election at 2017 annual general meetings of bhp.Grant King will retire from board on 31 august 2017.  Full Article

BHP Billiton launches bond repurchase plan
Monday, 21 Aug 2017 06:42pm EDT 

Aug 22 (Reuters) - Bhp Billiton Ltd :launches euro bond repurchase plan.Approved a global multi-currency bond repurchase plan..multi-currency plan will be subject to global aggregate cap of us$2.5 billion and will be funded by bhp's strong us$14.2 billion cash position.Multi-Currency plan will be subject to a global aggregate cap of us$2.5 billion.plan will comprise two transactions, one targeting bonds issued under bhp euro medium-term notes programme and other targeting bonds issued under u.s. Debt capital markets programme.Euro bond repurchase plan will target 2018, 2020, 2022 and 2024 euro denominated notes and 2024 sterling denominated notes..The U.S. Bond repurchase plan will target 2021, 2022 and 2023 us dollar denominated notes..  Full Article

BHP Billiton says FY net profit $5.89 bln
Monday, 21 Aug 2017 06:00pm EDT 

Aug 22 (Reuters) - BHP Billiton Ltd :board has determined to pay a final dividend of 43 us cents per share.Fy revenue up 24% to $38.29 billion.Fy net profit $5.89 billion versus loss of $6.39 billion.China's economic growth is expected to slow modestly in 2018 financial year.Capital and exploration expenditure is expected to increase to us$6.9 billion in 2018 financial year.Net debt of us$16.3 billion at fy-end.for fiscal 2017, BHP Billiton Brasil has provided us$134 million funding to support Samarco's operations and a further us$30 million for dam stabilisation."determined that our onshore us assets are non-core and we are actively pursuing options to exit these assets for value.".In Brazil, progress continues on social and environmental remediation programs following samarco dam failure..In 2017 financial year, BHP reported an exceptional loss of us$381 million (after tax) in relation to Samarco dam failure.Capital and exploration expenditure of us$5.2 billion, down 32 per cent in 2017 financial year."we expect capital and exploration expenditure to remain below us$8 billion per annum in 2019 and 2020 financial years".A us$0.9 billion exploration program is now planned for 2018 financial year.world economic growth is likely to be close to top of anticipated range of three to three and a half per cent in 2017 calendar year.Medium term outlook for us economy is uncertain.  Full Article

BHP says Elliott owns 5.04 pct stake in co
Thursday, 17 Aug 2017 06:20pm EDT 

Aug 18 (Reuters) - Bhp Billiton Ltd ::Elliott Capital Advisors, L.P. acquires 5.04 percent stake in co.  Full Article

Elliott International discloses 5.04 pct stake in BHP - filing
Thursday, 17 Aug 2017 10:45am EDT 

Aug 17 (Reuters) - BHP BILLITON LTD ::ELLIOTT INTERNATIONAL, L.P. DISCLOSES 5.04 PERCENT STAKE IN BHP - REGULATORY FILING.  Full Article

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BHP hires Barclays, Citi for U.S. shale gas divestment: sources

LONDON BHP Billiton , the world's largest miner, has hired Barclays and Citigroup to help it exit its underperforming U.S. shale oil and gas business, which could fetch around $10 billion, two banking sources said.