Glencore plc (GLNCY)

OTCMKTS · Delayed Price · Currency is USD
8.84
+0.05 (0.57%)
Dec 23, 2024, 4:00 PM EST
-25.46%
Market Cap 53.87B
Revenue (ttm) 227.51B
Net Income (ttm) -521.00M
Shares Out n/a
EPS (ttm) -0.04
PE Ratio n/a
Forward PE n/a
Dividend 0.22 (2.51%)
Ex-Dividend Date Aug 30, 2024
Volume 197,388
Open 8.75
Previous Close 8.79
Day's Range 8.73 - 8.86
52-Week Range 8.69 - 12.74
Beta 1.21
Analysts n/a
Price Target n/a
Earnings Date Feb 19, 2025

About Glencore

Glencore plc engages in the production, refinement, processing, storage, transport, and marketing of metals and minerals, and energy products in the Americas, Europe, Asia, Africa, and Oceania. It operates through two segments: Marketing Activities and Industrial Activities. The company engages in production and marketing copper, cobalt, lead, nickel, zinc, chrome ore, ferrochrome, vanadium, aluminum, alumina, and iron ore; and coal, crude oil, refined products, and natural gas, as well as oil exploration/production and refining/distribution. I... [Read more]

Sector Materials
Founded 1974
Employees 83,426
Stock Exchange OTCMKTS
Ticker Symbol GLNCY
Full Company Profile

Financial Performance

In 2023, Glencore's revenue was $217.83 billion, a decrease of -14.91% compared to the previous year's $255.98 billion. Earnings were $4.28 billion, a decrease of -75.29%.

Financial Statements

News

Glencore in Talks to Sell Its Philippine Copper Smelting Unit

Glencore Plc is in talks to sell its copper business in the Philippines as the metal’s smelting industry reels from the lowest processing fees on record.

5 days ago - BNN Bloomberg

Glencore Hires Ex-BP Oil Trader for Top Crude Job in Asia

Glencore Plc has hired ex-BP Plc trader Aditya Ravavarapu to lead its Asian crude oil trading team out of Singapore, according to people with knowledge of the matter.

8 days ago - BNN Bloomberg

Cyclic Materials Secures Multi-Year Agreement to Supply Recycled Copper to Global Natural Resources Company Glencore

TORONTO--(BUSINESS WIRE)--Cyclic Materials, an advanced metals recycling company building a circular supply chain for rare earth elements (REEs) and other critical metals, today announced the signing ...

12 days ago - Business Wire

Bangladesh's new LNG purchase policy draws Shell, BP, Glencore and Aramco

Shell , BP , Aramco and Glencore are among nearly two dozen firms Bangladesh has approved as suppliers of spot liquefied natural gas (LNG) as it seeks to boost competition and cut costs, the country's...

20 days ago - Reuters

Nickel Miners News For The Month Of November 2024

Nickel spot prices were flat the last month. Nickel market news - BMI: Battery nickel demand set to triple by 2030. Nickel surplus are expected to continue over the next few years, prices are expected...

24 days ago - Seeking Alpha

Glencore agrees to solar plant deal with Pele Green Energy

South African renewable energy company Pele Green Energy said on Wednesday it reached a financial close for a Solar Plant with Glencore's South African ferroalloys unit and its joint venture partner M...

25 days ago - Reuters

Glencore Makes Deal with Pele Green for $116 Million Solar Plant

Glencore Plc’s South African ferroalloys division and its joint venture partner Merafe Resources Ltd. agreed a deal with Pele Green Energy to build a 2.1 billion rand ($116 million) utility-scale rene...

25 days ago - BNN Bloomberg

Glencore's Lomas Bayas Partners with Ceibo to Accelerate Access to Clean Copper

NEW YORK & SANTIAGO, Chile--(BUSINESS WIRE)--Ceibo, a clean copper extraction technology company, and Glencore‘s (GB:GLEN) Lomas Bayas Mining Company have entered into a partnership to deploy Ceibo's ...

4 weeks ago - Business Wire

Glencore Strikes Deal to Test Copper Leaching at Chile Mine

Glencore Plc is moving forward with a new extraction technology at its copper mine in northern Chile as part of the industry’s efforts to squeeze out more metal from lower quality ore.

4 weeks ago - BNN Bloomberg

Exclusive: Glencore-Chandra Singapore refinery to earmark 20% of output for Shell, sources say

Glencore and Chandra Asri, gearing up to complete their takeover of Shell's landmark Singapore refinery, have set up a new operating company and will earmark roughly 20% of output for the plant's outg...

5 weeks ago - Reuters

Nickel Miners News For The Month Of October 2024

Nickel spot prices were lower the last month. Nickel market news -  The US government is reportedly examining price support mechanisms for domestic critical mineral projects. US Treasury allows miners...

7 weeks ago - Seeking Alpha

Cobalt Miners News For The Month Of October 2024

Cobalt spot prices were generally flat for the month. Cobalt market news: The US government is reportedly examining price support mechanisms for domestic critical mineral projects. S&P Global: Cobalt ...

2 months ago - Seeking Alpha

Ex-Glencore Executives Must Wait Until 2027 for Bribery Trial

A group of former Glencore Plc executives accused of bribery and corruption in West Africa by the UK will have to wait until 2027 to face a trial.

2 months ago - BNN Bloomberg

Glencore-Congo Mine Row Is Tied to Sanctioned Ex-Partner Gertler

A dispute between a Glencore Plc unit and the Democratic Republic of Congo centers around a deal Israeli businessman Dan Gertler struck years ago.

2 months ago - BNN Bloomberg

Glencore inks 20-year non-binding deal with Commonwealth LNG, Kimmeridge

Commodities giant Glencore has signed a non-binding agreement to buy 2 million tonnes per annum of liquefied natural gas from Commonwealth LNG along with equivalent natural gas supply from Kimmeridge ...

3 months ago - Reuters

Ex-Glencore Trader Plots Return But Says Compliance Is a Turnoff

A former Glencore Plc copper trader is planning a return to the industry – but not to physical trading of metals, which he criticizes as having become “controlled by compliance, by accountants and by ...

3 months ago - BNN Bloomberg

Vitol Hires Glencore, Trafigura Iron Ore Traders in Metals Push

Vitol Group is poaching iron ore traders from rivals Glencore Plc and Trafigura Group, as the world’s biggest oil trader ramps up its efforts to expand into metals.

3 months ago - BNN Bloomberg

US STRATEGIC METALS ANNOUNCES THREE-WAY STRATEGIC PARTNERSHIP FOR DOMESTIC UNITED STATES DOWNSTREAM CRITICAL MINERALS PROCESSING

ST. LOUIS , Sept. 12, 2024 /PRNewswire/ -- US Strategic Metals ("USSM" or the "Company") is pleased to announce it has entered into a strategic partnership with Glencore AG, a wholly-owned subsidiary ...

3 months ago - PRNewsWire

Goldman Has a Stock Model That’s Challenging ESG Assumptions

At Goldman Sachs Group Inc., there’s an ESG filter that tells investors to buy coal giant Glencore Plc, and avoid Big Tech staples Microsoft Corp. and Alphabet Inc.

3 months ago - BNN Bloomberg

Congo Sells Copper From Tenke to Trio of Trading Heavyweights

Glencore Plc, Mercuria Energy Group and Trafigura Group are buying copper from the Democratic Republic of Congo’s state miner, which is marketing metal from joint-venture projects for the first time.

3 months ago - BNN Bloomberg

Glencore Billionaire Alex Beard Appears at UK Court Accused of Corruption

Alex Beard, the billionaire former head of oil at Glencore Plc, appeared for the first time at a London court after being charged with corruption by the UK’s fraud agency.

3 months ago - BNN Bloomberg

Cobalt Miners News For The Month Of August 2024

Cobalt spot prices were lower for the month. Supply surge pushes Chinese cobalt metal prices to eight-year low. Cobalt market news - US military announces $20m grant to build cobalt refinery in Canada...

4 months ago - Seeking Alpha

Glencore share price impending death cross point to more pain

Glencore (LON: GLEN) share price has been in a steep sell-off after peaking at 507p on May 20th this year. It slipped to a low of 381p this week and then rebounded to 404p after the company decided to...

4 months ago - Invezz

Glencore PLC (GLCNF) Q2 2024 Earnings Call Transcript

Glencore PLC (OTCPK:GLCNF) Q2 2024 Earnings Conference Call August 7, 2024 3:00 AM ET Company Participants Martin Fewings - Head, IR & Communications Gary Nagle - CEO & Director Steven Kalmin - CFO Xa...

4 months ago - Seeking Alpha

Glencore won't spin-off coal, could buy more coal assets

Glencore will keep its coal business after securing backing from a majority of its investors who see lucrative earnings from the fossil fuel, its CEO said on Wednesday, adding the company could acquir...

4 months ago - Reuters