BHP

BHP rose about 4.4% to 82.60 from a 79.13 prior close, after gaining 2.2% to 80.85 pre-market and grinding higher through the session to an intraday high of 82.655, as it signed an agreement with Codelco to advance copper exploration at Anillo in Chile and disclosed a new ore body beneath its South Australian copper mine that underpins expectations of doubling local copper output over 15 years; three additional mining systems at Jansen potash for mid-2027 production added to the narrative. Q4 2026 revenue of 15.43bn USD rose 18.29% yoy and operating income of 6.69bn USD gained 36.01%, yet net profit of 2.10bn USD and EPS of 0.824 fell 8.91% and 8.95%, with ROE at 16.47%. The shares remain below the MA20 of 83.52 and MA60 of 87.69 despite a 33.74% YTD gain and a 58.3% premium to the 52-week low of 52.18, still 16.32% short of the 98.71 high set on August 25, at 21.33x PE and 4.12x PB. Though US copper tariffs remain pending and major banks flagged bubble risk in copper prices, and the stock had already fallen 6.53% last week.

BHP closed about 4% lower at $77.58 on Thursday from a prior close of $80.82, as copper miners broadly retreated after labor risks at two major Chilean mines were resolved, compounded by a Q1 FY27 report showing lower copper output and two worker deaths at the Escondida mine. Pre-market slipped to $78.65, and after a $78.435 open at 09:30 ET the stock trended lower to an intraday low of $77.475 at 10:38 ET before finishing the regular session at $77.57. Q4 FY26 revenue of $15.429bn rose 18.29% yoy and operating income gained 36.01%, yet net profit and EPS of $0.824 both fell about 8.9%. The shares sit below MA20 of $84.26 and MA60 of $87.93 while still up 25.62% year-to-date and 21.41% below the 52-week high of $98.71; UBS and other houses kept Hold ratings and the 12-month price target was cut to AUD 61.98. Still, PE is 20.03, PB 3.87 and dividend yield 4.40%.

BHP slipped 0.42% to $82.91 from a prior close of $83.26 after a volatile session that opened at $81.23, bottomed at $80.60 by 10:02 ET and rebounded to $83.07 at 15:22 ET, with after-hours steady at $82.90. The swing followed a preliminary union agreement at Chile's Escondida copper mine that eased supply concerns and a rebound in US inflation data that weighed on base metals, while the company agreed to sell a 49% stake in its WAIO inland power partnership to GIP for US$2 billion and cut 300 jobs across Western Australian iron ore operations on softer ore prices and rising costs. Latest-quarter revenue rose 18.29% y/y to US$15.429bn and operating income 36.01% to US$6.687bn, yet net profit of US$2.0965bn and EPS of US$0.824 each fell about 8.9%, with ROE at 16.47%. At $82.91 the shares trade below the MA20 of $85.43 and MA60 of $88.12, 16.01% under the 52-week high of $98.71 while up 34.25% year-to-date, on PE 21.41 and PB 4.13. Though strike risk is not fully cleared, further talks still shape copper supply expectations.

BHP.US traded at $83.545 during regular hours (as of ET 09:31) on Sep 14, down 4.1% from the prior close of $87.15. The stock opened lower and extended losses, with the intraday low of $83.538 touched during pre-market. The decline was mainly driven by concerns over executive departures and the extension of Port Hedland iron ore worker union talks into next week, alongside a White House tariff hesitation pressuring copper miners. In Q4 2026, operating income rose 36.01% YoY to $6.687B and revenue grew 18.29% YoY to $15.429B, but net profit fell 8.91% YoY to $2.0965B and EPS of $0.824 dropped 8.95% YoY, highlighting margin compression. The stock is 15.36% below its 52-week high of $98.71 and trades below both the 20-day MA ($92.48) and 60-day MA ($86.93), yet remains up 35.27% YTD. The company, however, reaffirmed its commitment to its WA iron ore unit and signed an MOU with KGHM for cooperation.

BHP opened lower and traded down all session, falling about 5.6% to $86.97 by ET 10:01. The decline was driven by White House hesitancy over copper tariff plans dragging on mining sentiment and the failure to reach a labor agreement with Port Hedland iron ore workers, adding operational uncertainty. Despite Q4 operating revenue rising 18.29% YoY to $15.429B and operating income surging 36.01% YoY, EPS fell 8.95% YoY to $0.824 and net profit dropped 8.91% YoY, highlighting margin pressure. The stock at $87.1 has slipped below its MA20 ($92.636) and sits 11.76% off the 52-week high of $98.71, though YTD it remains up 41.03% and the MA60 ($87.13) may offer near-term support.