Report
Mathew Hodge
EUR 100.00 For Business Accounts Only

BHP Remains Optimistic on Productivity Initiatives, AUD 24.50 FVE Maintained

No-moat-rated BHP's fiscal 2018 unadjusted net profit after tax declined 37% to USD 3.7 million. The unadjusted result was impacted by several once-off items totaling USD 5.2 billion aftertax. These included USD 650 million of expenses associated with rectifying the Samarco disaster, USD 1.8 billion of noncash charges relating to the balance sheet impact of the change to U.S. tax rates, and a USD 2.75 billion after tax impairment of the U.S. onshore shale assets, which are to be sold later this ...
Underlying
BHP Group Plc

BHP Billiton is a resources company. Co. extracts and processes minerals, oil and gas, primarily in Australia and the Americas. Co. operates four reportable segments: Petroleum, which is engaged in the exploration, development and production of oil and gas; Copper, which is engaged in the mining of copper, silver, lead, zinc, molybdenum, uranium and gold; Iron Ore, which is engaged in the mining of iron ore; and Coal, which is engaged in the mining of metallurgical coal and energy coal. Co.'s Petroleum unit comprises conventional and unconventional oil and gas assets, and includes exploration, development and production activities.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Mathew Hodge

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