The stock of BHP Billiton plc (ADR) (NYSE:BBL) is a huge mover today! About 762,543 shares traded hands. BHP Billiton plc (ADR) (NYSE:BBL) has risen 31.79% since March 10, 2016 and is uptrending. It has outperformed by 24.27% the S&P500.
The move comes after 6 months negative chart setup for the $84.20B company. It was reported on Oct, 13 by Barchart.com. We have $26.98 PT which if reached, will make NYSE:BBL worth $5.89B less.
According to Zacks Investment Research, “Billiton is one of the world’s major resource groups. It is one of the world’s largest producers of aluminum, the world’s largest exporter of thermal coal and has a controlling interest in the world’s leading integrated producer of ferrochrome and ferromanganese. The company also has a 50 percent interest in Richard Bay Minerals, the world’s largest producer of titanium dioxide slag.”
More important recent BHP Billiton plc (ADR) (NYSE:BBL) news were published by: Quotes.Wsj.com which released: “DOW JONES, A NEWS CORP COMPANY” on February 12, 2011, also Finance.Yahoo.com published article titled: “BHP Billiton Limited (BHP)”, Marketwatch.com published: “Plus the latest data from Realtor.com on 21 home markets across the US” on May 12, 2009. More interesting news about BHP Billiton plc (ADR) (NYSE:BBL) was released by: Benzinga.com and their article: “Investors Can Buy Shares Of BHP Billiton Plc Or BHP Billiton Ltd.: What Is The …” with publication date: August 24, 2016.
BBL Company Profile
BHP Billiton Plc, incorporated on May 9, 1996, is a global resources company. The Firm is a producer of various commodities, including iron ore, metallurgical coal, copper and uranium. The Company’s divisions include Petroleum, Copper, Iron Ore and Coal. The Petroleum segment is engaged in the exploration, development and production of gas and oil. The Copper segment is engaged in mining of copper, silver, lead, zinc, molybdenum, uranium and gold. The Iron Ore segment is engaged in mining of iron ore. The Coal segment is engaged in mining of metallurgical coal and thermal (energy) coal. The Firm extracts and processes minerals, gas and oil from its production activities located primarily in Australia and the Americas. It manages product distribution through its global logistics chain, including freight and pipeline transportation. The Firm sells its products through direct supply agreements with its clients and on global commodity exchanges. The Company’s businesses include Minerals Australia, Minerals Americas, Petroleum and Marketing. BHP Billiton Plc is a member of the BHP Billiton Group.
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