BHP

Public consensus   -   Last updated 04/02/20

Contributors 15

  • Bank of America Merrill Lynch
  • Barclays
  • Citi
  • Credit Suisse
  • Evans and Partners
  • Exane BNP Paribas
  • Goldman Sachs Australia
  • Goldman Sachs International
  • HSBC
  • JP Morgan Cazenove
  • Macquarie
  • Morgan Stanley
  • Oddo-BHF
  • RBC Capital Markets
  • UBS
Reporting currency: USD
Reporting unit: Absolute
 
NO. OF
FORECASTS
H1 FY20
CONSENSUS
04/02/20
H1 FY20
MIN
H1 FY20
MAX
Financial Inputs (US$ million, continuing operations, unless stated)
Revenue (including third party products)
Petroleum
15
2,535
2,283
2,732
Copper
15
5,489
5,011
6,015
Iron Ore
15
10,368
9,875
11,037
Coal
15
3,315
3,078
3,479
Group and unallocated
15
557
125
638
Total Revenue (including third party products)
15
22,265
21,178
23,478
Underlying EBITDA (including third party products)
Petroleum
15
1,603
1,205
1,746
Copper
15
2,319
1,969
3,150
Iron Ore
15
7,160
6,613
7,823
Coal
15
1,069
733
1,451
Group and unallocated
15
(95)
(888)
126
Total Underlying EBITDA (including third party products)
15
12,057
11,531
13,153
Depreciation and amortisation
15
(3,028)
(3,340)
(2,737)
Underlying EBIT (including third party products)
Petroleum
15
860
542
1,037
Copper
15
1,397
990
2,905
Iron Ore
15
6,242
5,866
6,985
Coal
15
740
429
1,088
Group and unallocated
15
(210)
(1,690)
111
Total Underlying EBIT (including third party products)
15
9,029
8,524
10,051
Net financing costs
15
(472)
(633)
(111)
Taxation (excluding exceptional items)
Total Taxation (excluding exceptional items)
15
(2,863)
(3,155)
(2,562)
Equity minority interests (excluding exceptional items)
15
(416)
(601)
(95)
Attributable profit (excluding exceptional items) from continuing operations
15
5,277
4,920
5,763
Attributable profit (excluding exceptional items) from discontinuing operations
14
-
-
-
Attributable profit (excluding exceptional items) from total operations
15
5,277
4,920
5,763
Closing number of shares (million)
15
5,057
5,048
5,058
Dividends per share (US cents)
Total dividend determined (US cents)
15
71
53
82
Net operating cash flow from continuing operations
14
8,385
7,514
9,260
Free cash flow from continuing operations
14
4,501
3,579
5,495
Net debt
14
12,014
10,483
13,742
Capital & Exploration expenditure Inputs (US$ m, continuing operations)
Capital expenditure (as per cash flow statement)
14
3,508
3,138
3,732
Total Exploration expenditure
14
416
231
548
Capital and exploration expenditure
14
3,923
3,369
4,170

Disclaimer

BHP invites registered sell-side analysts who monitor BHP’s securities to submit their estimates, in respect of each financial reporting period, to an external web-based tool managed by Vuma Financial Limited (Vuma).

The consensus figure for a particular item represents the arithmetic mean of all figures for that item submitted to Vuma by analysts. Analyst estimates entered into Vuma that are materially out of date, or that contain a manifest error have been excluded from the aggregate consensus figures. The figures are current as at the date specified on the Vuma website and are not updated after that date.

The consensus figures reflect the opinions of third party analysts who do not have access to BHP’s internal financial information. The consensus figures are not based on BHP’s opinions, estimates or forecasts and are compiled and published without comment from, or endorsement or verification by, BHP. BHP does not endorse, confirm or express a view on the consensus estimates, and BHP does not accept any responsibility whatsoever in relation to the information.