BHP Group Ltd
BHP Group Ltd is a diversified mining company engaged in the exploration, production, and sale of a range of commodities including iron ore, copper, coal, and petroleum products.
Business. BHP Group Ltd (BHP.AX) is a diversified mining company operating within the Basic Materials sector. The firm generates revenue through the sale of mining products and is listed on the Australian Securities Exchange. Specific details regarding its operating segments, headquarters location, and geographic revenue mix are not provided in the available data.
Analyst recommendations
19 analysts · consensus HoldAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
6Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
- Congressional trades
- CongressJosh Gottheimer — BHP Group Limited American2025-11-19 · Democrat · NJ · Sale · $1,001 - $15,000
- CongressLisa McClain — BHP Group Limited American2025-10-31 · Republican · MI · Sale · $1,001 - $15,000
- CongressLisa McClain — BHP Group Limited American2025-10-30 · Republican · MI · Sale · $1,001 - $15,000
- CongressLisa McClain — BHP Group Limited American2025-10-30 · Republican · MI · Purchase · $1,001 - $15,000
- CongressLisa McClain — BHP Group Limited American2025-09-11 · Republican · MI · Purchase · $1,001 - $15,000
- CongressLisa McClain — BHP Group Limited American2025-08-04 · Republican · MI · Sale · $1,001 - $15,000
Pre-earnings brief
BHP Group Ltd (BHP.AX) has seen the addition of several notable operating assets to its portfolio, marking a significant update to its operational footprint. The most material changes include the integration of the Angel Oil and Gas Field and the Greater Western Flank Phase 1 and Phase 2 Oil and Gas Projects, all located in Western Australia. Additionally, the BHP Mount Newman Mine, an iron ore asset with a capacity of 75,000 tonnes per annum, was also added to the operating list. These additions were detected on June 30, 2026, and represent a diversification into oil and gas extraction alongside its existing iron ore operations. The significance of these asset additions lies in the expansion of BHP's commodity mix. By incorporating operating oil and gas projects such as the Greater Western Flank phases and the Angel Oil and Gas Field, the company is broadening its exposure beyond traditional mining commodities. This shift is notable as it introduces new revenue streams and operational dynamics associated with oil and gas extraction, which may influence the company's overall risk profile and market positioning. Despite these operational changes, there is currently no prior basis for computing material changes in financial metrics or analyst sentiment, as this is the first analysis for this ticker. The company is followed by 19 analysts and has four top holders, indicating a level of institutional interest. However, the lack of historical data means that the immediate financial impact of these new assets cannot be quantified against previous performance metrics. Cross-source signals show minimal news dispatch activity in the days following the asset additions, with only sporadic reports on July 2 and July 8, and a slight increase to five dispatches on July 16. This low volume of news suggests that the market may be digesting the operational updates without immediate significant sentiment shifts. Investors should monitor how these new oil and gas assets perform in the coming quarters, as their contribution to BHP's overall earnings and strategic direction will become clearer with more data.
Signals & dispatch
Composite-score breakdown
Synthesis
BHP Group Ltd (BHP.AX) is a diversified mining company operating within the Basic Materials sector. The firm generates revenue through the sale of mining products and is listed on the Australian Securities Exchange. Specific details regarding its operating segments, headquarters location, and geographic revenue mix are not provided in the available data.
BHP Group Ltd has a fully diluted share count of 5,080,690,184, with no difference between basic and diluted shares outstanding, indicating no dilution risk from stock options or convertible securities. However, liquidity risk could not be assessed due to the absence of balance-sheet inputs and no going-concern language in source documents.
Profitability metrics for BHP Group Ltd are not available in the current valuation snapshot, and no industry_config preferred metrics are provided for comparison. This limits the ability to assess the company's performance relative to its peers in the Diversified Mining industry.
BHP Group Ltd operates in a global context, with revenue exposure to multiple geographic regions. However, the specific revenue concentration by segment or region is not disclosed in the available data.
The company's growth trajectory is not quantified in the current outlook, as no numeric deltas for the current or next fiscal year are provided. Analysts have issued a mean price target of 52.91 USD and a median price target of 53.80 USD, with a mean recommendation of 2.74 (on a scale from 1=strong buy to 5=strong sell).
Risk factors for BHP Group Ltd include the inability to assess liquidity risk due to missing balance-sheet data. The company is also exposed to the volatility of global commodity prices, which can significantly impact its profitability and cash flows.
Recent events for BHP Group Ltd include analyst estimates for the year, with a range of price targets from 39.00 USD to 69.00 USD. The company has received a mix of buy, hold, and strong-buy recommendations from analysts, indicating a generally positive outlook.
BHP Group Ltd (BHP.AX) has seen the addition of several notable operating assets to its portfolio, marking a significant update to its operational footprint. The most material changes include the integration of the Angel Oil and Gas Field and the Greater Western Flank Phase 1 and Phase 2 Oil and Gas Projects, all located in Western Australia. Additionally, the BHP Mount Newman Mine, an iron ore asset with a capacity of 75,000 tonnes per annum, was also added to the operating list. These additions were detected on June 30, 2026, and represent a diversification into oil and gas extraction alongside its existing iron ore operations. The significance of these asset additions lies in the expansion of BHP's commodity mix. By incorporating operating oil and gas projects such as the Greater Western Flank phases and the Angel Oil and Gas Field, the company is broadening its exposure beyond traditional mining commodities. This shift is notable as it introduces new revenue streams and operational dynamics associated with oil and gas extraction, which may influence the company's overall risk profile and market positioning. Despite these operational changes, there is currently no prior basis for computing material changes in financial metrics or analyst sentiment, as this is the first analysis for this ticker. The company is followed by 19 analysts and has four top holders, indicating a level of institutional interest. However, the lack of historical data means that the immediate financial impact of these new assets cannot be quantified against previous performance metrics. Cross-source signals show minimal news dispatch activity in the days following the asset additions, with only sporadic reports on July 2 and July 8, and a slight increase to five dispatches on July 16. This low volume of news suggests that the market may be digesting the operational updates without immediate significant sentiment shifts. Investors should monitor how these new oil and gas assets perform in the coming quarters, as their contribution to BHP's overall earnings and strategic direction will become clearer with more data.
- BHP Group Ltd is a diversified mining company with no immediate dilution risk.
- Analysts have issued a generally positive outlook, with a mean price target of 52.91 USD.
- Liquidity risk could not be assessed due to missing balance-sheet data.
- The company's profitability and returns relative to industry peers are not currently available for comparison.
- Revenue concentration by segment or region is not disclosed in the available data.
- The company is exposed to the volatility of global commodity prices.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Revenue $51.26B, −7,9% YoY; Operating income +11,0% YoY.
- ▍Revenue $51.26B, −7,9% YoY
- ▍Operating income +11,0% YoY
- ▍Net income +14,2% YoY
- ▍Free cash flow +123,7% YoY
- ▍Net margin 17.6%
Revenue $55.66B, +3,4% YoY; Operating income −23,5% YoY.
- ▍Revenue $55.66B, +3,4% YoY
- ▍Operating income −23,5% YoY
- ▍Net income −38,9% YoY
- ▍Free cash flow −112,4% YoY
- ▍Net margin 14.2%
Revenue $53.82B, −17,3% YoY; Operating income −32,8% YoY.
- ▍Revenue $53.82B, −17,3% YoY
- ▍Operating income −32,8% YoY
- ▍Net income −58,2% YoY
- ▍Free cash flow −119,3% YoY
- ▍Net margin 24.0%
Revenue $65.10B, +14,4% YoY; Operating income +35,8% YoY.
- ▍Revenue $65.10B, +14,4% YoY
- ▍Operating income +35,8% YoY
- ▍Net income +173,3% YoY
- ▍Free cash flow −9,1% YoY
- ▍Net margin 47.5%
Revenue $56.92B; Operating income $25.12B.
- ▍Revenue $56.92B
- ▍Operating income $25.12B
- ▍Net margin 19.9%
Valuation FY
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 2,55 |
| Revenue | —no estimate | —no estimate | 56,9B USD |
| Operating income | —no estimate | —no estimate | 25,6B USD |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Physical assets
134 tracked| Asset | Type | Commodity | Country | Role |
|---|---|---|---|---|
| Angel Oil and Gas Field (Western Australia, Australia) | Oil gas extraction | Oil And Gas | Australia | Parent |
| Area C | Other | Iron Ore | Australia | Operating company |
| Area C | Mine | Iron Ore | Australia | Operating company |
| Aripo Gas Field (Trinidad and Tobago) | Oil gas extraction | Gas | Trinidad and Tobago | Parent |
| BHP Area C Mine | Iron ore mine | Iron Ore | Australia | Parent |
| BHP Captive Iron Ore Mines | Mine | Iron Ore | Australia | Operating company |
| BHP Captive Iron Ore Mines | Other | Iron Ore | Australia | Operating company |
| BHP Jimblebar Mine | Iron ore mine | Iron Ore | Australia | Parent |
| BHP Mount Newman Mine | Iron ore mine | Iron Ore | Australia | Parent |
| BHP South Flank Mine | Iron ore mine | Iron Ore | Australia | Parent |
| BHP Yandi Mine | Iron ore mine | Iron Ore | Australia | Parent |
| Broadmeadow Coal Mine | Coal mine | Coal | Australia | Parent |
| Carrapateena | Other | Silver | Australia | Operating company |
| Carrapateena | Other | Gold | Australia | Operating company |
| Carrapateena | Other | Copper | Australia | Operating company |
| Carrapateena | Mine | Gold | Australia | Operating company |
| Carrapateena | Mine | Copper | Australia | Operating company |
| Carrapateena | Mine | Silver | Australia | Operating company |
| Caval Ridge Coal Mine | Coal mine | Coal | Australia | Parent |
| Caval Ridge Coal Mine | Coal mine | Coal | Australia | Parent |
| CentroGold | Mine | Gold | Brazil | Operating company |
| CentroGold | Other | Gold | Brazil | Operating company |
| Cerro Chacay | Mine | Copper | Chile | Operating company |
| Cerro Chacay | Other | Copper | Chile | Operating company |
| Chimborazo | Other | Copper | Chile | Operating company |
| Chimborazo | Mine | Copper | Chile | Operating company |
| Escondida | Mine | Copper | Chile | Operating company |
| Escondida | Mine | Gold | Chile | Operating company |
| Escondida | Other | Gold | Chile | Operating company |
| Escondida | Other | Copper | Chile | Operating company |
| Fremantle Doctor | Other | Copper | Australia | Operating company |
| Fremantle Doctor | Mine | Copper | Australia | Operating company |
| Goonyella-Riverside Coal Mine | Coal mine | Coal | Australia | Parent |
| Greater Western Flank Phase 1 Oil and Gas Project (Western Australia, Australia) | Oil gas extraction | Oil And Gas | Australia | Parent |
| Greater Western Flank Phase 2 Oil and Gas Project (Western Australia, Australia) | Oil gas extraction | Oil And Gas | Australia | Parent |
| Hastings to Altona Ethane Pipeline | Oil ngl pipeline | Ngl | Australia | Registered owner |
| Hastings to Altona Ethane Pipeline | Oil ngl pipeline | Ngl | Australia | Parent |
| Hermes Oil and Gas Field (Western Australia, Australia) | Oil gas extraction | Oil And Gas | Australia | Parent |
| Honeymoon Well | Mine | Nickel | Australia | Operating company |
| Honeymoon Well | Other | Nickel | Australia | Operating company |
| Inner Harbour | Other | Iron Ore | Australia | Operating company |
| Inner Harbour | Mine | Iron Ore | Australia | Operating company |
| Inner Harbour Exp Phase2 | Mine | Iron Ore | Australia | Operating company |
| Inner Harbour Exp Phase2 | Other | Iron Ore | Australia | Operating company |
| Jericho | Mine | Nickel | Australia | Operating company |
| Jericho | Other | Nickel | Australia | Operating company |
| Jimblebar | Mine | Iron Ore | Australia | Operating company |
| Jimblebar | Other | Iron Ore | Australia | Operating company |
| Kelar power station | Power | Oil & Gas | Chile | Parent |
| Kelar power station | Power | Power | Chile | Parent |
| Kendilo Coal Indonesia Coal Mine | Coal mine | Coal | Indonesia | Parent |
| Leinster (Nickel West) | Other | Nickel | Australia | Operating company |
| Leinster (Nickel West) | Mine | Nickel | Australia | Operating company |
| Longford to Long Island LPG Pipeline | Oil ngl pipeline | Ngl | Australia | Registered owner |
| Longford to Long Island Point Oil Pipeline | Oil ngl pipeline | Oil | Australia | Registered owner |
| Longford to Long Island Point Replacement Oil Pipeline | Oil ngl pipeline | Oil | Australia | Parent |
| Longford to Long Island Point Replacement Oil Pipeline | Oil ngl pipeline | Oil | Australia | Registered owner |
| Mount Arthur Coal Mine | Coal mine | Coal | Australia | Parent |
| Mount Keith power station | Power | Power | Australia | Parent |
| Mount Keith power station | Power | Power | Australia | Parent |
| Mount Keith power station | Power | Power | Australia | Parent |
| Mount Keith power station | Power | Power | Australia | Parent |
| Mount Keith power station | Power | Power | Australia | Parent |
| Mt Keith (Nickel West) | Mine | Nickel | Australia | Operating company |
| Mt Keith (Nickel West) | Other | Nickel | Australia | Operating company |
| North West Shelf LNG Terminal | Lng terminal | LNG | Australia | Registered owner |
| North West Shelf LNG Terminal | Lng terminal | LNG | Australia | Parent |
| North West Shelf LNG Terminal | Lng terminal | LNG | Australia | Registered owner |
| North West Shelf LNG Terminal | Lng terminal | LNG | Australia | Parent |
| North West Shelf LNG Terminal | Lng terminal | LNG | Australia | Registered owner |
| North West Shelf LNG Terminal | Lng terminal | LNG | Australia | Parent |
| North West Shelf LNG Terminal | Lng terminal | LNG | Australia | Registered owner |
| North West Shelf LNG Terminal | Lng terminal | LNG | Australia | Registered owner |
| North West Shelf LNG Terminal | Lng terminal | LNG | Australia | Parent |
| North West Shelf LNG Terminal | Lng terminal | LNG | Australia | Parent |
| Olympic Dam | Other | Silver | Australia | Operating company |
| Olympic Dam | Other | Gold | Australia | Operating company |
| Olympic Dam | Other | Copper | Australia | Operating company |
| Olympic Dam | Mine | Silver | Australia | Operating company |
| Olympic Dam | Mine | Gold | Australia | Operating company |
| Olympic Dam | Mine | Copper | Australia | Operating company |
| Olympic Dam Brownfield Expansion (BFX) | Mine | Copper | Australia | Operating company |
| Olympic Dam Brownfield Expansion (BFX) | Other | Copper | Australia | Operating company |
| Outer Harbour | Mine | Iron Ore | Australia | Operating company |
| Outer Harbour | Other | Iron Ore | Australia | Operating company |
| Outer Harbour Exp Phase2 | Mine | Iron Ore | Australia | Operating company |
| Outer Harbour Exp Phase2 | Other | Iron Ore | Australia | Operating company |
| Pampa Escondida | Other | Copper | Chile | Operating company |
| Pampa Escondida | Mine | Copper | Chile | Operating company |
| Pantera | Mine | Copper | Brazil | Operating company |
| Pantera | Other | Copper | Brazil | Operating company |
| Peak Downs Coal Mine | Coal mine | Coal | Australia | Parent |
| Peak Downs Coal Mine | Coal mine | Coal | Australia | Parent |
| Pemberton Oil and Gas Field (Western Australia, Australia) | Oil gas extraction | Oil And Gas | Australia | Parent |
| Pering | Mine | Zinc | South Africa | Operating company |
| Pering | Other | Zinc | South Africa | Operating company |
| Pering | Mine | Lead | South Africa | Operating company |
| Pering | Other | Lead | South Africa | Operating company |
| Pinto Valley Miami unit | Mine | Copper | Chile | Operating company |
| Pinto Valley Miami unit | Other | Copper | Chile | Operating company |
| Prominent Hill | Mine | Copper | Australia | Operating company |
| Prominent Hill | Other | Gold | Australia | Operating company |
| Prominent Hill | Mine | Silver | Australia | Operating company |
| Prominent Hill | Mine | Gold | Australia | Operating company |
| Prominent Hill | Other | Silver | Australia | Operating company |
| Prominent Hill | Other | Copper | Australia | Operating company |
| Red Hill Coal Project | Coal mine | Coal | Australia | Parent |
| Rhourde Oulad Djemma (ROD) Oil Project (Algeria) | Oil gas extraction | Oil | Algeria | Parent |
| Saraji Coal Mine | Coal mine | Coal | Australia | Parent |
| Saraji East Coal Mine | Coal mine | Coal | Australia | Parent |
| Scarborough FLNG Terminal | Lng terminal | LNG | Australia | Registered owner |
| Scarborough FLNG Terminal | Lng terminal | LNG | Australia | Parent |
| Spence | Other | Copper | Chile | Operating company |
| Spence | Other | Silver | Chile | Operating company |
| Spence | Mine | Copper | Chile | Operating company |
| Spence | Mine | Gold | Chile | Operating company |
| Spence | Mine | Silver | Chile | Operating company |
| Spence | Other | Gold | Chile | Operating company |
| Test | Other | Copper | Austria | Operating company |
| Test | Mine | Copper | Austria | Operating company |
| Venus | Other | Nickel | Australia | Operating company |
| Venus | Mine | Nickel | Australia | Operating company |
| West Musgrave | Other | Copper | Australia | Operating company |
| West Musgrave | Mine | Nickel | Australia | Operating company |
| West Musgrave | Other | Nickel | Australia | Operating company |
| West Musgrave | Mine | Copper | Australia | Operating company |
| Yakabindie | Other | Nickel | Australia | Operating company |
| Yakabindie | Mine | Nickel | Australia | Operating company |
| Yandi | Mine | Iron Ore | Australia | Operating company |
| Yandi | Other | Iron Ore | Australia | Operating company |
| Yarnima power station | Power | Power | Australia | Registered owner |
| Yarnima power station | Power | Oil & Gas | Australia | Parent |
| Yarnima power station | Power | Oil & Gas | Australia | Registered owner |
| Yarnima power station | Power | Power | Australia | Parent |
Actions
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- Market data cache
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- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- BHP Group Ltd Market data — financials · 2026-05-27
- BHP Group Ltd Market data — analyst estimates · 2026-05-27
- BHP Group Ltd Market data — ESG · 2026-05-27
Ownership & reference
Top holders
- Institutional Investor · as of 2022-09-300,01 %$0M
- Investment Managers · as of 2024-06-300,00 %$151M
- Institutional Investor · as of 2026-03-310,00 %$4M
- Investment Managers · as of 2024-12-310,00 %$6M