On August 21, BHP Billiton rose 3.07% in regular trading, trading at $96.49/share, with turnover of $37.59 million. The stock continues to build on momentum from its fiscal 2026 earnings beat reported earlier this week.
BHP reported full-year adjusted EPS of $5.20, beating the consensus estimate of $5.08 by 2.36%, representing a 30% year-over-year increase. Revenue came in at $58.76 billion, surpassing the $57.99 billion estimate. The company declared a final dividend of $0.99/share, bringing the full-year payout ratio to 66%, the highest in four years and roughly 10% above market expectations. Notably, copper business revenue surpassed iron ore for the first time, contributing 54% of group EBITDA as copper prices surged to near-record levels.
Additionally, BHP's compensation agreement for the 2015 Mariana dam collapse gained support from 19 additional Brazilian municipalities, bringing total participation to 45 of 49 eligible cities, reducing lingering legal overhang.
Within the Diversified Metals and Mining sector, broad strength was observed. Among peers, USA Rare Earth up 6.43%, HudBay Minerals up 5.77%, MP Materials up 5.27%, Teck Resources up 4.82%, Rio Tinto up 2.58%.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)