NYSE:BHP

BHP Billiton (BHP)

80.64
-0.07 (0.09%)
as of Jul 17, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconJul 18, 2026, 12:00 am

This summary was created by AI, based on 8 opinions in the last 12 months.

BHP Billiton is recognized as one of the world's largest and most diversified mining companies, specializing in iron ore and copper. Experts see it as a cash-generating entity that excels in resilience and offers significant inflation protection. The company's substantial revenue structure, primarily from iron ore and increasingly from copper, positions it well for future growth, particularly with rising global demand for copper projected to surge by 70% by 2050. Analysts generally express a positive outlook, highlighting technical strength and favorable market conditions in China, while dividend yields of approximately 3%-4% add to its appeal as a long-term investment. Despite some short-term volatility in commodities demand, many experts consider BHP to be a reliable asset with characteristics of a best-of-breed performer in the mining sector.

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Consensus
Buy
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Valuation
Fair Value
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Similar
RIO,NYSE
WAIT
High dividend yield. Iron ore prices were over $200/tonne, but now they're $100, still extremely high. Steel looks particularly weak. Even in a recession, we won't go back to $50, but the yield should normalize closer to 7%. Wait and see, start to dabble in Q4.
WAIT
BHP vs. RIO For commodities as a whole, he's more of a trader, and he's not trading right now. Cyclicality impacts growth trends. Over time, the chart action is pretty horizontal. Both are good companies. Trade, don't put them in the closet and forget about them.
PARTIAL SELL
Don't sell outright, but absolutely look to take some profits. Consider selling 1/3 or 1/2. Look at what's happening across many commodities, such as NTR. Except for gold, share prices have gone parabolic. War in Ukraine has jolted the complex of commodities, though there's still a bit of room to run.
DON'T BUY
Dividend stable? A pure commodity company. Very high yield, dividend not safe. In 2016, cut dividend by 75%. All commodity companies pay you when commodity prices are high, and cut when prices are low. Never expect stability, as earnings are so cyclical.
TOP PICK
Believes economy is in the process of a commodity super cycle. Commodities benefit from rising inflation rates. Shortage of many materials including copper. Very diversified business with interests in many commodities. Wants to go where real profits & dividends are instead of speculating in junior players.
COMMENT
Hold as a bond proxy? He does not think investors should buy stocks as bond proxies. A high dividend yield is one thing, but bonds will not have the volatility that stocks will. You buy bonds for stability of income. High yield stocks will often cut dividends, resulting in loss of income and equity value.
BUY
We've entered a structural bull market for commodities, but they don't go straight higher. China has tried to keep its thumb on commodity prices. Global steel production will continue to expand. Should find a footing around these levels. US infrastructure bill will help. Good entry point for the next 2-3 years, and you should get a solid dividend and total return.
BUY
We may be at the beginning of a fairly meaningful commodity cycle. If you want international exposure, this is the right kind of name. He doesn't invest in deep cyclical plays. Setup globally is for continued economic growth. Financial wherewithal to extract resources. Attractive free cashflow generators.
BUY
The material sectors tend to be highly volatile. Seeing commodity prices firm up. Taking advantage of it. Their corporate policy is to pay out a percentage of earnings and their earnings have been very good. Declared an attractive dividend, but you cannot bank on this dividend going forward. Certainly doing well, strong balance sheet.
TOP PICK
Reducing debt significantly. Potash in Saskatchewan going ahead. Gap in lithium will be addressed with exposure to EVs. Copper and iron ore are all needed for renewables. If you own this long term, you'll do very well. Trading downward. Yield is 13.68%. (Analysts’ price target is $73.03)
TOP PICK

BHP and Rio Tinto are the two biggest mining companies in the world, and he owns both. BHP boasts product diversity in metals. It recently announced it's getting out of oil and will become a pure-play mining company. It will develop a potash mine in Saskatchewan and invest a lot, but will benefit them long term though hurt short term. It's delisting in London, so the stock has sold off, but it's now a great buying opportunity. (Analysts’ price target is $75.03)

DON'T BUY

The dividend is probably not as much of a worry as in the past. He prefers Teck Resources, or First Quantum.

BUY

Both Australian plays. You get global plays and get exposure to a lot of metals. Mostly copper, iron ore and some energy. Hasn't bought in Canada since there are no quality companies - they were all bought by BHP and RIO. Everybody should own some global metal stocks. Buy to trade.

TOP PICK
You need to look outside Canada to find a quality miner. Our mining companies sold at peak prices in the last cycle. This is a fine Australian one in copper, iron ore and metallurgical coal that goes into steel production; also in oil and gas. You need to own commodity companies when their commodity is doing well. China's economy is recovering and driving up prices. Big upside, but remember mining companies are cyclical--own in good times, but don't hold on. (Analysts’ price target is $54.69)
DON'T BUY

It is exposed to Met Coal. There is a shortage so it seems attractive, but iron ore has a lot of supply coming on line. At some point it will be a compelling buy, but we are not there yet.

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