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BHP Billiton Ltd (BHP.N)

BHP.N on New York Stock Exchange

42.05USD
20 Sep 2017
Change (% chg)

$-0.18 (-0.43%)
Prev Close
$42.23
Open
$42.40
Day's High
$42.56
Day's Low
$41.64
Volume
651,570
Avg. Vol
610,210
52-wk High
$44.62
52-wk Low
$30.84

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

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 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

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

Fluor selected for BHP's south flank mining project in Australia
Wednesday, 2 Aug 2017 06:58am EDT 

Aug 2 (Reuters) - Fluor Corp :Fluor selected for BHP's south flank mining project in Australia.Fluor Corp - Fluor will book undisclosed contract value in Q3 of 2017.Fluor Corp - ‍awarded project, construction management services contract by BHP for south flank iron ore project in Pilbara region of Western Australia​.  Full Article

Denison reports extension of Cornerstone contract for environmental services business
Wednesday, 26 Jul 2017 06:30am EDT 

July 26 (Reuters) - Denison Mines Corp :Denison reports extension of Cornerstone contract for environmental services business.Denison Mines Corp - agreement is in relation to management and operation of several of BHP's decommissioned mine sites in Ontario and Quebec.Denison Mines Corp - DES to be responsible for management and operation of 9 mine sites in Ontario and 2 in Quebec from July 1, 2017 to June 30, 2019.Denison Mines says its environmental services business entered into new 2 year services agreement with Rio Algom, a subsidiary of BHP Billiton Limited.  Full Article

BHP Billiton says total iron ore production for FY17 increased by 4 pct
Tuesday, 18 Jul 2017 06:25pm EDT 

July 19 (Reuters) - BHP Billiton Ltd :total petroleum production for 2017 financial year decreased by 13 per cent to 208 mmboe..petroleum production is forecast to decrease to between 180 and 190 mmboe in 2018 financial year..total iron ore production for 2017 financial year increased by four per cent to 231 mt.‍expect to achieve full year unit cost guidance at WAIO and conventional petroleum​.Total copper production for 2017 financial year decreased by 16 per cent to 1.3 mt.Total copper production is forecast to increase to between 1,655 and 1,790 kt in 2018 financial year.."in onshore US, volumes are expected to decline to between 61 and 67 mmboe".WAIO production is expected to increase to between 239 and 243 mt, or between 275 and 280 mt on a 100 per cent basis, in 2018 financial year.‍divestment of non-core onshore us acreage is progressing, with sale of a portion of southern hawkville anticipated in september 2017 quarter​.expanded rig program is forecast to deliver production growth of approximately 35 per cent in 2019 financial year.‍in petroleum exploration, drilling of wildling-2 appraisal well in gulf of mexico is continuing, with results expected in september 2017 quarter​.‍all major projects under development are tracking to plan​.‍"industrial action and cyclone debbie have impacted unit costs at escondida and queensland coal respectively"​.in 2018 financial year expect an increase to approximately us$2.0 billion in petroleum capex.  Full Article

Australia shares end flat as BHP, Woolworths drag; NZ slightly up

Sept 7 Australia shares ended flat on Thursday, surrendering early gains on a positive lead from Wall Street, hurt by declines in BHP and Woolworths which traded ex-dividend.