Fortescue Ltd (ASX: FMG)
Australia
· Delayed Price · Currency is AUD | Market Cap | 58.94B |
| Revenue (ttm) | 27.31B |
| Net Income (ttm) | 8.52B |
| Shares Out | 3.08B |
| EPS (ttm) | 2.76 |
| PE Ratio | 6.93 |
| Forward PE | 10.07 |
| Dividend | 1.97 (10.25%) |
| Ex-Dividend Date | Sep 4, 2024 |
| Volume | 1,410,824 |
| Average Volume | 5,289,361 |
| Open | 19.20 |
| Previous Close | 19.16 |
| Day's Range | 19.10 - 19.44 |
| 52-Week Range | 15.88 - 29.95 |
| Beta | 0.88 |
| RSI | 58.31 |
| Earnings Date | Feb 17, 2025 |
About Fortescue
Fortescue Ltd engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. It explores for copper, gold, and lithium deposits; and rare earth elements. The company provides port towage services; owns and operates rail and port facilities; and focuses on producing green energy and green hydrogen, including derivatives comprising green ammonia. The company was formerly known as Fortescue Metals Group Limited and changed its name to Fortescue Ltd in November 2023. Fortescue Ltd was... [Read more]
Financial Performance
In 2024, Fortescue's revenue was $18.22 billion, an increase of 8.00% compared to the previous year's $16.87 billion. Earnings were $5.68 billion, an increase of 18.45%.
Financial numbers in USD Financial StatementsNews
Why this exec allows colleagues to see everything in her diary
Sinead Booth, group manager of decarbonisation delivery at Fortescue Metals, is one of the 2024 BOSS Young Executives. She practises radical transparency when it comes to her calendar.
Exxon Mobil Sues California AG Over Defamation Of Recycling Efforts, Citing Ties To Competitors
Exxon Mobil Corp . (NYSE: XOM) filed a federal lawsuit Monday against California Attorney General Rob Bonta and environmental groups, alleging defamation of its advanced plastics recycling initiative...
ASX 200 LIVE: Australian shares rose on Thursday. Aristocrat Leisure, CSL lead in index higher while Fortescue falls. Bitcoin tops $US102,000.
Australian shares rise on improved consumer confidence. Insignia dips; iron ore gloom weighs on Fortescue, Rio. Bitcoin tops $US102,000.
ASX 200 LIVE: Australian shares rose on Thursday. Technology leads index higher while Fortescue falls. 4DMedical soars. Bitcoin tops $US101,000.
Australian share close higher as tech rallies.4DMedical leaps 15pc. IDP shares soar. Iron ore gloom weighs on Fortescue. Bitcoin tops $101,000.
I sent Andrew Forrest 50 hard questions. He invited me to have a talk
After months of reporting, and only carefully worded written responses from Fortescue, I found myself with the iron ore billionaire on the company jet in the Pilbara.
The Power of One: Inside Forrest’s Fortescue
A Financial Review investigation tracks the chaos, outbursts and questionable decisions that led to an exodus of executives.
Fortescue’s Game of Thrones moment
When the firm’s troubled Iron Bridge mine blew its budget and fell behind schedule, Andrew Forrest called a meeting likened to the series’ “red wedding” scene.
Inside the ‘unending chaos’ at Andrew Forrest’s Fortescue
After a frenetic world tour, the billionaire had to wind back his hydrogen plans. A Financial Review investigation looks at what led to an exodus of executives.
Fortescue executive chairman Andrew Forrest in his own words
After The Australian Financial Review sent 50 questions following an investigation, the iron ore billionaire and green energy advocate sat down for an interview.
Mercurial Forrest is approaching a vital moment at Fortescue
In coming years, Andrew Forrest must juggle growing pressure on his flagship iron ore business, a capital-hungry decarbonisation program, and a push into green iron.
Fortescue: Weighed Down By Bleak Iron Ore Outlook, But Fundamentals Remain Strong
Forrest makes ‘dollars and cents’ appeal to climate sceptic Trump
The US president-elect has already reached out to the Fortescue boss, who has switched from environmental rhetoric to the language of economic rationalism.
Mining stocks whacked as iron ore slumps towards $US100
Shares in Fortescue dropped 7.3 per cent and BHP fell 4.1 per cent as China’s underwhelming stimulus package weighed on iron ore prices.
Outback property the size of Sydney once coveted by Twiggy now on sale
Mining giant Fortescue has ditched plans to develop a renewable energy project on Rawlinna Station, which is Australia’s largest sheep station.
Fortescue's Africa Iron Ore Ambitions Challenged by Gnarly Terrain
The Australian iron-ore giant is considering a big new mine in Gabon but first has to work out how it can transport the steel ingredient for export.
Fortescue's Africa Iron Ore Ambitions Challenged by Gnarly Terrain
The Australian iron-ore giant is considering a big new mine in Gabon but first has to work out how it can transport the steel ingredient for export.
Whyalla steelworks boss exits in Sanjeev Gupta shake-up
A former Fortescue Metals executive who ran the plant for two years is departing as the British industrialist sets up an urgent “Back to Black” taskforce to try to stem losses.
‘I have let you down’: Fortescue’s Hutchinson apologises to gay staff
Fortescue chairman Andrew Forrest says his leaders are required to back equality, prompting a mea culpa from energy boss Mark Hutchinson.
Fortescue’s Hutchinson breaks sex silence as Rio inks gay pride deal
He’s a director of a religious group that broadcasts a strictly hetero, gender binary view of sex, but Fortescue boss Mark Hutchinson says he loves diversity.
Fortescue's record high Q1 iron ore shipments hit by cost pressures
Fortescue Iron Ore Shipments, Costs Rise
The company reiterated an annual production forecast of between 190 million and 200 million tons for the year through June 2025.
ASX 200 LIVE: Shares rise as CBA bounces, HMC Capital’s data centre plan, Newmont, Fortescue, Brambles, Reece disappoint
Australian shares open lower. Tech stocks on watch after Nasdaq slips. Di Pilla’s HMC to form $2b data centre REIT. Follow here for more.
Fortescue pushes Canberra for emissions policy review
Fortescue has warned the West Australian government against palming off responsibility for greenhouse emissions to Canberra.
Mining giant Fortescue says it's time to walk away from the 'proven fantasy' of net zero
Fortescue, the world's fourth-largest iron ore miner, has outlined plans to stop burning fossil fuels across its Australian iron ore operations by 2030.
Time to walk away from the proven fantasy of net zero by 2050, Fortescue chair says
Andrew Forrest, founder and executive chairman of Fortescue, discusses the energy transition and says its time to walk away from the proven fantasy of net zero by 2050.