weakness and support the firm believes will come from a 4%-5% dividend yield and a progressive dividend policy. But CEO Marius Kloppers must walk a tightrope , as announced capex cuts could eventually put cash inflows at risk and threaten projected returns
Chairman Jacques Nasser says the company no longer plans to invest $80B in new projects over five years, as outlined by CEO Marius Kloppers last year. Nasser also warned of "volatility and uncertainty" and the further easing of commodity prices due to the uncertainty
proved. The company has reinvested throughout the cycle. The five-year average EBITDA margin is a very healthy 45%. CEO Marius Kloppers took the reins from Chip Goodyear in October 2007. He was expected to be more aggressive on the acquisition and development
proved. The company has reinvested throughout the cycle. The five-year average EBITDA margin is a very healthy 45%. CEO Marius Kloppers took the reins from Chip Goodyear in October 2007. He was expected to be more aggressive on the acquisition and development
SYDNEY (Reuters) - Management changes at BHP Billiton and comments by CEO Marius Kloppers have fanned speculation the world's biggest miner will try to sell less profitable assets to better exploit...
SYDNEY, Dec 8 (Reuters) - Management changes at BHP Billiton and comments by CEO Marius Kloppers have fanned speculation the world's biggest miner will try to sell less profitable assets to better exploit its crown jewels -- iron ore, coal, copper, gas and potash.
Nickel and aluminum "are not areas where we are comfortable spending large amounts of capital," says BHP CEO Marius Kloppers . He would prefer to focus on the firm's shale, ore, coal, Olympic Dam, and potash assets, suggesting in 10 years
MELBOURNE, Nov 28 (Reuters) - BHP Billiton expects steel output in China to continue at current rates, below historical highs, for some time, Chief Executive Marius Kloppers said on Monday.
Don't expect any share buybacks from BHP Billiton ( BHP ), CEO Marius Kloppers says on today's earnings call, noting its $12.1B acquisition of Petrohawk Energy ( HK ) will absorb any extra cash. Rival
SYDNEY, Aug 24 (Reuters) - The impact of labour unrest on BHP Billiton's Queensland coal operations has been modest, chief executive Marius Kloppers said on Wednesday. (Reporting by Jim Regan; Editing by Ed Davies)