Why does BHP have zero cost of revenue in their statements?
What is BHP current profitability?
BHP’s profit peaked in 2011 at 21.1 billion U.S. dollars and decreased to of 8.74 billion U.S. dollars in 2020.
What is BHP net worth?
BHP Group Net Worth 2010-2021 | BHP
BHP Group net worth as of June 21, 2022 is $85.2B.
What Does BHP stand for?
bhp — brake horsepower is a term you may be familiar with, particularly if you read a lot of UK car magazines. More to come on this one. kW — this stands for kilowatt and, in terms of cars, is used most commonly in Europe for electric car power outputs.
What does the company BHP do?
BHP Billiton, international natural resources company, formed in 2001 by the merger of BHP Ltd. and Billiton PLC. One of the world’s largest mining companies, it is involved in the production of iron, steel, copper, silver, aluminum, oil, and gas. The company also has interests in engineering and transportation.
Is BHP overvalued?
Shares in mining giants Rio Tinto and BHP Billiton are overvalued because investors are “too optimistic” about future growth in demand for commodities, according to a sector analyst.
What do analysts say about BHP?
BHP Group Ltd (NYSE:BHP)
The 25 analysts offering 12-month price forecasts for BHP Group Ltd have a median target of 64.63, with a high estimate of 79.43 and a low estimate of 49.40. The median estimate represents a +16.24% increase from the last price of 55.60.
How much does the CEO of BHP earn?
BHP chief executive Mike Henry’s annual pay has more than doubled to $US14. 5m ($19.7m) for the 2021 financial year after a raft of long-term incentives vested, making him one of Australia’s best paid bosses.
Is BHP the biggest mining company in the world?
BHP is an Anglo-Australian mining and petroleum company headquartered in Melbourne, Australia, and listed on the London Stock Exchange with a major management office in London. It is the world’s largest mining company with a value of almost $130 billion in 2020.
Who is BHP biggest customer?
Its main customers are in China, India, Japan, and Europe. The m ajority of its contracts are based on annual or longer -term volumes, with prices largely negotiated on a monthly, quarterly, or spot basis. BHP is a major aluminium producer with total production of 1.2 Mt in FY13.
What is the biggest mining company in the world?
List of largest mining companies by revenue
| No. | Company | Revenue (billion US dollars) |
|---|---|---|
| 1 | Glencore | 220.1 |
| 2 | BHP | 43.6 |
| 3 | Rio Tinto | 40.7 |
| 4 | China Shenhua Energy | 38 |
What type of business is BHP?
BHP (formerly known as BHP Billiton) is an Australian multinational mining, metals and petroleum public company that is headquartered in Melbourne, Victoria, Australia.
BHP.
| BHP Office Tower in Perth, Western Australia | |
|---|---|
| Industry | Metals and Mining |
| Founded | 1885 |
| Headquarters | Melbourne, Victoria, Australia |
| Area served | Global |
Is BHP still Australian owned?
BHP Billiton is a proudly Australian company and makes a significant contribution to the Australian economy. In 2014 this equated to around A$27 billion including payments to suppliers, wages and employee benefits, dividends, taxes and royalties. We are Australia’s largest taxpayer.
Is BHP a good company?
BHP offers an enjoyable place to work which promotes flexible working and a diverse workforce. BHP expects hard work from their employees but you are rewarded with a good competitive salary, a good work culture and work collegues that become your family.
Why has BHP gone down?
That update revealed that many of BHP’s operations have been impacted by temporary labour constraints due to COVID-19. This led to the mining giant reporting softer than expected quarterly production and forced a downgrade to its guidance for some commodities.
Is BHP a good buy at the moment?
BHP Group has received a consensus rating of Hold. The company’s average rating score is 1.86, and is based on no buy ratings, 6 hold ratings, and 1 sell rating.
Is BHP a blue chip share?
BHP is one of the blue-chip ASX shares that WAM likes right now.
Will BHP go back up?
US$100 million cash remains payable to BHP in six months with the potential for an additional amount of up to US$150 million in a price-linked earnout payable to BHP in the 2024 calendar year.