How much profit does BHP make a year?
Mining company BHP 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. In 2019, BHP employed 31,589 people globally, and around 21,000 of those employees were located in Australia.
How much debt does BHP have?
What Is BHP Group’s Net Debt? As you can see below, BHP Group had US$16.8b of debt at December 2021, down from US$19.8b a year prior. However, it also had US$12.6b in cash, and so its net debt is US$4.25b.
Are BHP shares overpriced?
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.
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.
Who is the biggest mining company in the world?
Glencore
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 is BHP credit rating?
A-
Credit rating
| Rating agency | Long term rating and outlook | Short term rating |
|---|---|---|
| Moody’s | A2 (Stable) | P-1 |
| Standard & Poor’s | A- (Stable) | A-1 |
What do analysts say about BHP?
BHP Group Ltd (NYSE:BHP) The 22 analysts offering 12-month price forecasts for BHP Group Ltd have a median target of 61.41, with a high estimate of 81.52 and a low estimate of 49.18. The median estimate represents a -13.49% decrease from the last price of 70.99.
Is BHP a good buy at the moment?
BHP shares are getting closer to their all-time high. Since the start of the year, BHP has risen almost 20%. That may not strike you as a good time to buy. Cyclical businesses, such as resource companies, go through cycles.
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.
Who is the biggest mining company in Australia?
The 6 Biggest Mining Companies in Australia
- 1 – BHP Group. BHP Key facts. Market Cap: 137.5 Billion.
- 2 – Rio Tinto. Rio Tinto Key facts.
- 3 – Fortescue Metals. Fortescue Metals Key facts.
- 4 – Newcrest Mining. Newcrest Mining Key facts.
- 5 – South32. South32 Key facts.
- 6 – Evolution Mining. Evolution Mining Key facts.