---
title: "Key facts: Glencore's earnings drop 6% to $13.5B; $2B shareholder return"
description: "Glencore's full-year core earnings fell 6% to $13.5 billion due to lower energy and coal prices, while announcing a $2 billion return to shareholders, including an $800 million distribution.1Glencore "
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/276498040.md"
published_at: "2026-02-21T01:03:07.000Z"
---

# Key facts: Glencore's earnings drop 6% to $13.5B; $2B shareholder return

> Glencore's full-year core earnings fell 6% to $13.5 billion due to lower energy and coal prices, while announcing a $2 billion return to shareholders, including an $800 million distribution.1Glencore is refinancing with Tullow Oil, joining a lock-up agreement with about 66% of Tullow's noteholders as Tullow issues new notes maturing in November 2028.2On February 19, 2026, Glencore PLC received a notification from The Capital Group Companies, Inc. indicating that the threshold for voting rights was crossed on February 18, 2026.3

-   Glencore's full-year core earnings fell 6% to $13.5 billion due to lower energy and coal prices, while announcing a $2 billion return to shareholders, including an $800 million distribution.1
-   Glencore is refinancing with Tullow Oil, joining a lock-up agreement with about 66% of Tullow's noteholders as Tullow issues new notes maturing in November 2028.2
-   On February 19, 2026, Glencore PLC received a notification from The Capital Group Companies, Inc. indicating that the threshold for voting rights was crossed on February 18, 2026.3

### Related Stocks

- [GLEN.UK - Glencore plc](https://longbridge.com/en/quote/GLEN.UK.md)
- [GLNCY.US - Glencore](https://longbridge.com/en/quote/GLNCY.US.md)
- [TLW.UK - Tullow Oil plc](https://longbridge.com/en/quote/TLW.UK.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| Tullow Oil secures refinancing deal with Glencore Energy | Tullow Oil secures refinancing deal with Glencore Energy | [Link](https://longbridge.com/en/news/276420465.md) |
| Glencore traded more oil in 2025 as earnings from energy trading fell | Glencore traded more oil in 2025 as earnings from energy trading fell | [Link](https://longbridge.com/en/news/276205314.md) |
| REG - Glencore PLC - TR-1: Notification of major holdings | Glencore PLC announced a major holdings notification on February 20, 2026, indicating that The Capital Group Companies,  | [Link](https://longbridge.com/en/news/276426837.md) |
| Glencore Finalises Agreement With Gécamines For Land Access At KCC | Glencore PLC :GLENCORE PLC - GLENCORE AGREEMENT W GÉCAMINES FOR KCC LAND ACCESSGLENCORE: DEAL TO HELP ACHIEVE C.300,000  | [Link](https://longbridge.com/en/news/276205360.md) |
| Glencore Said To Close In On Sale Of Kazzinc Mining Operations - Bloomberg News | GLENCORE SAID TO CLOSE IN ON SALE OF KAZZINC MINING OPERATIONS - BLOOMBERG NEWSMUTALIP IS IN DISCUSSIONS WITH GLENCORE T | [Link](https://longbridge.com/en/news/276357214.md) |

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.