Seeking Alpha

BHP Billiton Limited (BHP)

  • Aug. 19, 2014, 6:29 PM
  • Aug. 19, 2014, 7:14 AM
  • Aug. 19, 2014, 3:40 AM
  • Apr. 27, 2014, 4:04 AM
  • Apr. 15, 2014, 8:36 AM
  • Aug. 22, 2013, 9:45 AM
  • Aug. 6, 2013, 10:31 AM
  • May 8, 2013, 10:27 AM
    Mosaic (MOS +1.6%) represents the best option for an acquirer seeking to gain a foothold in the potash industry, and BHP is the most likely suitor, Bloomberg speculates. On May 26, charitable trusts associated with Cargill’s founding family can begin the process of selling restricted MOS shares they got when Mosaic split from Cargill Inc. in 2011, opening the door to a sale of the whole company.
    | Comment!
  • Jan. 24, 2013, 10:34 AM
    Commodity prices are rebounding, but don’t expect megadeals in mining as a new crop of CEOs takes over, WSJ reports. At least 20 mining CEOs have stepped down in the past year, some related to unsuccessful acquisitions, and big deals are unlikely when many CEOs are new to their roles. "There will be M&A but it is likely to be very strategic, brownfield-related and very carefully thought through.”
  • Dec. 11, 2012, 5:02 PM
    BHP Billiton (BHP) sells its 8.33% stake in the East Browse joint venture and 20% interest in the West Browse joint venture, both located off the West Australian coast, to PetroChina (PTR) for $1.63B in cash. BHP exec Michael Yeager says the liquefied natural gas project interests were a non-strategic asset.
    | Comment!
  • Dec. 6, 2012, 9:18 AM
    Investors seem to take seriously the latest takeover chatter surrounding Walter Energy (WLT), sending shares +7.5% premarket as vague rumors circulate that bidders could emerge. BHP Billiton (BHP) is said to be interested again; Glencore (GLCNF.PK) could be another candidate; Anglo American has been mentioned in the past. Other coal names are up: ANR +1.9%, CNX +1.6%, ACI +1.3%, BTU +0.8%.
  • Dec. 5, 2012, 7:45 PM
    Speculation continues to build on rumors that BHP Billiton (BHP) is considering a bid for Walter Energy (WLT). BHP is said to be considering a $55 per share all cash offer, and if true, would be the "swan song" for current WLT CEO Marius Kloppers, whom which BHP is said to be planning a successor for. Xtrata's Mick ‘the miner’ Davis is said to be a frontrunner to take his place. BHP -0.2%, WLT -2.3% AH.
    | 1 Comment
  • Nov. 30, 2012, 10:00 AM
    Walter Energy (WLT +4.4%) shares surge in early trading as renewed chatter of takeover interest from BHP Billiton (BHP) makes the rounds. WLT was the subject of rumored interest from the likes of BHP, Rio Tinto and others late last year (I, II).
    | Comment!
  • Nov. 13, 2012, 9:57 AM
    Harry Winston Diamond (HWD -2.1%) agrees to buy BHP Billiton’s (BHP -1.2%) diamonds business for $500M, as BHP elects to get out of the diamond business because it could not build up enough scale to make it worthwhile. The deal includes BHP’s 80% stake in the rich Ekati diamond mine in the Northwest Territories, along with its diamond marketing business.
    | Comment!
  • Oct. 3, 2012, 3:52 PM
    Count BHP Billiton (BHP -1.2%) among big players pursuing a stake in Petrobras' (PBR -1.3%) Gulf of Mexico oil fields, a pairing that would significantly bolster BHP's already strong presence in the Gulf, WSJ reports. PBR has stakes in more than 100 exploration blocks in the Gulf; its sale plans are part of a broader effort to raise ~$15B through divestments.
    | 1 Comment
  • Sep. 4, 2012, 9:58 AM
    BHP's slowing of its project development cycle will make it more difficult for aspiring iron ore producers to raise financing, likely leaving cash-strapped smaller companies vulnerable to takeovers, Ernst & Young's Mike Elliott speculates. Miners such as CLF, TCK or AAUKY.PK that could cut costs by sharing infrastructure to get their material from pit to port could be the most logical candidates.
    | Comment!
Visit Seeking Alpha's
BHP vs. ETF Alternatives
Company Description
BHP Billiton Ltd is a natural resources company. The Company is engaged in the producing commodities, including iron ore, metallurgical and energy coal, conventional and unconventional oil and gas, copper, aluminium, manganese, uranium, nickel and silver.