Glencore plc (GLNCY)
| Market Cap | 68.98B |
| 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 (2.07%) |
| Ex-Dividend Date | Aug 30, 2024 |
| Volume | 236,607 |
| Open | 11.27 |
| Previous Close | 10.64 |
| Day's Range | 11.25 - 11.36 |
| 52-Week Range | 9.26 - 12.74 |
| Beta | n/a |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Nov 15, 2024 |
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]
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 StatementsNews
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 ...
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 ...
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.
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 ...
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.
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.
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.
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...
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...
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...
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...
Glencore to announce decision on coal portfolio demerger at interim results
Glencore on Tuesday left its 2024 production guidance unchanged for most metals and increased coal to reflect its acquisition of Teck's steelmaking coal unit, saying it will announce whether it will p...
Glencore shares outlook as nickel, copper prices dive
Glencore (LON: GLEN) share price has pulled back sharply this month as trades focus on the falling copper prices. The stock crashed to a low of 465p on Tuesday, down by more than over 8% from its high...
Glencore Improves Recycling Plant Safety With ELOKON Automated Forklift System
ATLANTA--(BUSINESS WIRE)-- #ELOKON--Glencore, a global leader in commodity trading and mining, has reduced safety incidents involving forklifts at its recycling facility in Rhode Island with the use o...
Exclusive: Glencore to supply crude to UK's Lindsey oil refinery
Global commodities trader Glencore has won a tender to supply crude oil to Prax's 113,000-barrel per day Lindsey oil refinery in Britain, replacing rival trader Trafigura, three sources with knowledge...
Glencore's climate action plan wins more support from shareholders
A majority of Glencore investors have indicated they were satisfied with the commodities giant's plans to reduce carbon emissions, just as it gets closer to completing its acquisition of Teck Resource...
Australian state blocks Glencore's carbon storage project over groundwater risk
Australia's northeastern state of Queensland has blocked a carbon capture and storage project proposed by commodities giant Glencore as it could irreversibly harm groundwater used by farmers, the stat...
Glencore share price surge explained: what next?
Glencore (LON: GLEN) share price is slowly nearing its all-time high as copper and nickels continued soaring. The stock jumped to a high of 501.9p on Friday and is nearing its record high of 526.5p.
Glencore seeks Australian carbon capture approval amid farmer protests
Australia's Queensland state will decide this month whether to give Glencore a key approval to bury liquefied carbon dioxide in the country's largest aquifer, a plan farm groups say must be blocked be...
Glencore: An Update On The All-In Inflation Play
Glencore plc shares have rebounded since the pandemic low, showing a bullish trend supported by rising commodity prices. Glencore's diversified commodity portfolio and rising commodity prices are bull...
Shell to sell Singapore refinery, petrochemical assets to Chandra Asri and Glencore
Shell said on Wednesday it has agreed to sell its refinery and petrochemical assets in Singapore to a joint venture between Indonesia's Chandra Asri Capital and Glencore Asian Holdings.
Glencore-backed group nears deal for Shell's Singapore assets, Bloomberg reports
A consortium that includes Swiss miner and commodities trader Glencore and Indonesia's PT Chandra Asri Pacific is in advanced talks to buy Shell's oil refinery and petrochemical units in Singapore, in...
Anglo American shares rise on report Glencore may make rival offer
Shares of Anglo American rose on Friday after a report that Glencore was considering making a rival offer for the mining company.
Exclusive: Glencore studying an approach for Anglo American, sources say
Commodities group Glencore is studying an approach for Anglo American , two sources said, a development that could spark a bidding war for the 107-year old mining company.
Nickel Miners News For The Month Of April 2024
Nickel spot prices were significantly higher the last month. Nickel market news - US & UK prohibit import of Russian-origin aluminum, copper, and nickel. The U.S. Loans Program Office has added supply...