Bhp Billiton Stock News

BHP Group Ltd announced a better-than-expected interim dividend and underlying earnings helped by higher sales prices across its major commodities and a strong operational performance. Underlying pro

Iron ore prices, however, have halved from last year''s record levels as China''s push to curb emissions and easing construction activity in the country''s debt-laden property sector curtailed demand

Australian shares fell on Tuesday, tracking a downbeat Wall Street session amid heightened Ukraine-Russia tensions, although gains in heavyweight iron ore miner BHP Group after bumper first-half earnings provided a floor to the benchmark index. The S&P/ASX 200 index was down 0.6% at 7,203.9 points, as of 2353 GMT. The benchmark closed 0.4% higher on Monday. Domestic stocks were tracking a sharp sell-off in US peers as plans to close the US embassy in Kyiv, a possible sign of an imminent Russian invasion in Ukraine, prompted investors to pull back from riskier assets. BHP Group gained up to 2.1% after the miner declared a record interim dividend and posted a first-half profit that beat analysts'' estimates. NAB earnings, tech rally drive Australian shares higher Among sub-indexes, energy stocks were the top losers, shedding nearly 2% as investors locked in profits after the index hit a one-year peak in the previous session. Heavyweights Woodside Petroleum and Santos fell 1.5% and 1.9%, respectively.

BHP chief Mike Henry has joined mounting calls from businesses to reopen WA’s border, saying “at some point, things have to return to normal”.

BHP’s boss has joined the throng of businesses and corporate lobby groups calling for Western Australia to fully reopen its border, saying “now is the time”.

Woodside (ASX: WPL ) chief executive Meg O’Neill has appointed several top BHP (ASX: BHP ) executives into her new leadership team for the mega-merger that will establish one of the world’s top independent oil and gas companies. The post Woodside chief leans on BHP expertise for new leadership team appeared first on Energy Voice .

A big BHP first-half profit has not been enough to erase ASX investors'' fears about conflict in Europe and the consequences for the global economy.

A hefty BHP first-half profit has helped limit losses on an Australian share market weighed down by worry over the prospect of conflict in Europe.Market giant BHP reported improved profit to $13.

Strong commodity prices have helped BHP report a profit of almost $US10 billion in just six months, according to Sky News business reporter Edward Boyd. The market was expected to fall by approximately one per cent but instead dropped 0.2 per cent. BHP recorded a half-yearly revenue of $US30.5 billion, a rise of 27 per cent, and a profit of $US9.44 billion, which is a rise of a whopping 144 per cent. The dividend also rose 48 per cent to $US1.50 a share.

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

Prepare for more pain to come with prices for the most basic ingredients needed to build cars, houses and even mobile phones are going to push higher for the longer-term and this is going to be felt right through the economy.

Mike Henry, CEO of the mining company, discusses the inflationary pressures ahead and the factors that helped it turn in a record set of earnings for the first half the year.

BHP has increased its interim dividend after reporting a big increase in half-year profit and says higher inflation will be a long-term positive for its business.

15 Feb 2022 - Choppy trade defined Wall St''s performance to close lower as investors weigh macro risks & rate hikes. Energy stocks were the worst performer, find out why. ASX gains as corporate earnings unveils. RBA meeting minutes are due.

The Big Australian delivered a big result… The post BHP (ASX:BHP) share price storms higher following ‘better than expected result’ appeared first on The Motley Fool Australia .