BHP Group Plc : Moins de croissance et de retour de cash. Une valorisation généreuse. Neutre vs Achat
>Ajustement de nos attentes pour 2019 - La production du T4 2019 de BHP a été, dans l’ensemble, meilleure qu’attendu notamment pour la division Petroleum et à Escondida (cuivre) tandis que la production de la division Iron Ore (en ligne avec nos attentes) réalisait un bon trimestre (+12% en séquentiel à 63 Mt). Le management sera donc parvenu à faire mieux que sa guidance avec une production en équivalent cuivre en baisse de 2% sur l’année dont +11% au T4 2019. Les gu...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.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.