QUOTE AND NEWS
newratings.com  Sep 21  Comment 
MELBOURNE (dpa-AFX) - BHP Billiton (BHP.AX, BLT.L, BBL, BHP) announced that John Schubert will retire from the Board at the conclusion of the BHP Billiton Limited Annual General Meeting in November 2016. Dr Schubert has been a Non-executive...
Forbes  Aug 29  Comment 
Looking at the universe of stocks we cover at Dividend Channel, on 8/31/16, BHP Billiton plc (NYSE: BBL) will trade ex-dividend, for its semi-annual dividend of $0.28, payable on 9/20/16. As a percentage of BBL's recent stock price of $27.54, this...
Benzinga  Aug 24  Comment 
BHP Billiton — the global resources giant that is engaged in the exploration, development, production, processing and marketing of minerals — has its stock listed on several exchanges across the world. BHP Billiton Limited (ADR) (NYSE: BHP)...
newratings.com  Aug 16  Comment 
MELBOURNE (dpa-AFX) - Anglo- Australian mining giant BHP Billiton plc (BHP.AX, BLT.L, BBL, BHP) reported Tuesday a hefty loss in its fiscal 2016 amid significantly weaker prices across all major commodities that had a negative impact of $10.7...
CNNMoney.com  Aug 16  Comment 
Here's what you need to know about the markets before you start your business day.
newratings.com  Aug 16  Comment 
MELBOURNE (dpa-AFX) - BHP Billiton plc (BHP.AX, BLT.L, BBL, BHP) reported a loss before tax of $7.3 billion for the year ended 30 June 2016 compared to profit of $8.1 billion, last year. Loss after taxation from continuing operations was $6.2...
CNNMoney.com  Aug 9  Comment 
Read full story for latest details.
newratings.com  May 10  Comment 
MELBOURNE (dpa-AFX) - Andrew Mackenzie, chief executive of BHP Billiton Plc. (BHP.AX, BLT.L, BBL, BHP), while speaking at the Bank of America Merrill Lynch Conference on Tuesday said the company is focused on value creation and growing cash...
CNNMoney.com  May 5  Comment 
The legal fallout from a deadly Brazilian dam collapse is far from over for two of the world's biggest miners, Vale and BHP Billiton.
CNNMoney.com  May 4  Comment 
Read full story for latest details.




RELATED WIKI ARTICLES
 

BHP Billiton plc is the London corporate office for BHP Billiton Group. Though its shareholders differ from BHP Limited it shares direct control of the company with Australia based BHP Limited (board of directors and management however only a minority of them are appointed from BHP Billiton plc due to its smaller market value). The plc designation came from before the 2001 merger of BHP and Billiton when Billiton had its central office in London. BHP Billiton plc is listed on exchanges in London, USA and South Africa. BHP Billiton's market cap is about 20% smaller than its counterpart BHP Billiton.

The division, the British part of the enlarged company is the source of much of BHP Billiton's present coal, aluminum and titanium operations. The larger BHP contributed the oil, copper and diamond businesses.

Complete information on the company is at BHP Billiton Limited's article BHP Billiton

Brief company overview

pg.63 in'10 20F[1] % share 2010 2009 2008
diamonds (mil ct)80%3.0503.2213.341
titanium '000 T37.76%434654643
nickel '000 T100%176.2173.1167.9
cobalt T100%1001,4001,700
iron ore (mil T)85%124.962114.415112.260
manganese mil T44.4%-60%6.1244.4756.575
meta coal Mt24.6Mt50%
13Mt80-100%
37.38136.41635.183
energy coal Mt100%
(33%Colombia)
66.13166.40180.868

Even though BHP Billiton is by far the world's biggest resource company it has yet to develop and begin operating key assets (including the AUS$1.3 trillion Australian olympic dam deposit). Because of that the range of products it receives revenue from is not as diverse as it is for competitors like Rio Tinto; BHP has $133 billion worth of gold at olympic dam but in 2010 the company recorded no gold production (Rio Tinto produced 733,000 ounces of gold in fiscal 2010). For example iron ore, base metals, coal, petroleum and aluminum account for 85.2% of BHP Billiton's revenue but only 68.0% of assets.

Production (revenue, ebit, assets)

Despite production of some key products being down or flat for 2010 revenue was at a record high, the result of very strong commodity prices (with the exception of coal, for coal revenue was down 29.3% even though production (metallurgical and energy coal together) rose 0.7%). Rising prices also helped the bottom line; revenue was up 5.2% even though core expenses were down 13.9% (operating profit showed excellent results but earnings before taxes were pushed down; they were basically steady on the year).[1]

Merger of BHP Limited and Billiton plc

Error creating thumbnail
The merger happened in May 2001 and formed the largest diversified resources company in the world. Though the combined company was to have its main headquarters in Melbourne, Australia the deal got more support from England's Billiton (91.5% compared to 88.2% from BHP). BHP workers showed up in the thousands to protest the deal citing potential job losses. At the time Australia was the most important region of operations for the combined company making up 37% of total assets and 52% of revenue (revenue includes other operations in Asia). For the first year revenue was around US$18.6 billion and ebit US$3.3 billion (that compares to US$52.8 billion in 2010 revenue and US$19.7 billion in ebit).[2]

Shareholders (June 2010)

Australia and England are the main sources of investment with 97.87% (99.05% including New Zealand) of BHP Limited shares owned by Australians and 79.7% of BHP plc shares owned by people in England (97% of shares outside of England are owned in South Africa). 69% of BHP Limited is corporate owned while 99.36% of BHP plc is corporate owned.[1]

References

  1. 1.0 1.1 1.2 BHP Billiton 2010 20 F Annual Report page 11, 245 (2010).
  2. BHP shareholders say yes to Billiton merger (2001-05-20).
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki