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BHPBF - BHP Does Not Need A Commodities Super Cycle To Be Attractive
March, 26 2022 01:34 AM
BHP Group Plc
Returns remain superior, with 43% ROCE generated in H1 FY 2022, and returns to shareholders reaching 38 billion US Dollars over the past 3 years. The spinoff and merger of the petroleum business is logical and will create value to shareholders. Valuation is attractive, and likely to remain so even if commodity prices normalise. Long-term economic trends will support metal prices, while strong reserves and continuous investment support volume growth. For further details see:
BHP Does Not Need A Commodities Super Cycle To Be Attractive
Stock Information
Company Name:
BHP Group Plc
Stock Symbol:
BHPBF
Market:
OTC
Website:
bhp.com
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