Glencore declared a 2021 dividend of $2.8 billion, including a special dividend of $0.04 cents per share, or $500 million to be paid in September and will buy back $650 million in shares. Glencore's earnings rocket 84% to $21.3bn February 15, 2022 February 15, 2022 Janet Diversified mining and marketing company Glencore on Tuesday announced 84% higher financial results for the year, with earnings before interest, taxes, depreciation and amortisation (Ebitda) rising to $21.3-billion. The Anglo-Swiss commodity mining and trading . Glencore PLC said Friday that it now expects earnings from its marketing business to be ahead of the guidance range in 2021. Gary Nagle - Chief Executive Officer. WATCH LIVE. Other Ticker Details GLEN Company Name Glencore PLC Earnings Call Date 05-Aug-21 Time (ET) 03:00 AM Fiscal Quarter Q2 Fiscal Year 2021 Edit. LONDON (Reuters) - Glencore will return $2.8 billion to shareholders in 2021 after soaring commodity prices helped the mining and trading company to a record performance for the first six months . Glencore plc released its 2021 Half-Year Production Report on Friday, 30 July 2021. 3 MB. GLNCY - Free Report) . Suncor's earnings for 2021 are expected to increase 38.4% year over year. Glencore 2018 annual EPS was $0.48, a 40% decline from 2017. The mining and trading company reported a net income of $1.28bn in the first six months of 2021. Glencore Plc is set to report another year of bumper profits from its trading business as the commodities giant cashes in on soaring prices, but lowered expectations for production of its own . Glencore's production of thermal coal in 2021 actually declined 5% to 89.7 million tonnes while its coking coal production increased 20% to 9.1Mt. Glencore reported full-year adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $11.56 billion. The company's nickel output fell 7% year on year to 102,300 mt in 2021, due to the lengthy scheduled statutory shutdown and maintenance issues at Murrin Murrin operations in Australia earlier in the year. Glencore brings back dividend on earnings strength. Share prices are delayed by 10 minutes Reports and results. 12/31/2021. Here's what we watched: ADJUSTED EBITDA: As prices for its key commodities soared . Glencore reported 0.47 in EPS Earnings Per Share for its second fiscal semester of 2021. Diversified mining and marketing company Glencore expects its full-year 2021 adjusted earnings before interest and tax to exceed the top end of its forecast $2.2-billion to $3.2 billion a year . . 2021 Half-Year Production Report. Revenue: US$203.8b (up 43% from FY 2020). The announcement was screened by the Regulatory News Service of the London Stock Exchange and available on our website from 7.00 am UK. 29/06/2021. Glencore PLC on Tuesday reported a loss for 2020, but said it swung to profit in the second half of the year and confirmed the resumption of its dividend in 2021. Glencore 2017 annual EPS was $0.8, a 300% increase from 2016. 5th August 2021 by Alec Hogg. Profit margin: 2.4% (up from net loss in FY 2020). Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) rose 83% to a record $21.3 billion, compared with $11.6 billion a year earlier, in line with a consensus estimate of 15 analysts. , Mar 22, 2022. Published Tue, Feb 16 2021 2:52 AM EST. Glencore PLC on Tuesday reported record earnings for 2021, meeting market expectations. Glencore plc was newly formed in May 2013 through a merger with . In depth view into Glencore Debt-to-Equity explanation, calculation, historical data and more Announced today an additional cash distribution of c. $530 million ($0.04/share) and a $650 million share buyback. In preliminary 2021 results, Glencore said it cut net debt to $6 billion at the end of 2021 from $15.8 billion a year earlier. GLENCORE opened its 2021 account with solid production numbers, but the highlight of the first quarter was a strong trading performance which the group said could see full year earnings from the division come in at the high end of its $2.2bn to $3.2bn guidance. NEW YORK, NY / ACCESSWIRE / February 18, 2020 / Glencore Plc will be discussing their earnings results in their 2019 Second Half Earnings call to be held on February 18, 2020 at 8:00 AM Eastern Time. Glencore, a Swiss-based company reported earnings per share of approximately 0.68 U.S. dollars at the end of the fiscal year 2021. Price to Book Value per Share Ratio. Glencore is one of the world's largest commodities traders, active in markets for metals and minerals, energy products, and agricultural goods. Glencore EPS for the twelve months ending June 30, 2021 was $0.00, a NAN% increase year-over-year. 20/07/2021. In the same period last year, it incurred a net loss of $2.60bn. AT A GLANCE: Record trading profits power Glencore earnings for 2020. The price to earnings ratio is calculated by taking the latest closing price and dividing it by the most recent earnings per share (EPS) number. Adjusted earnings before interest, tax, depreciation and amortisation . The payout to shareholders is comprised of a dividend of US$ 3.5 billion and a share repurchase of US$ 500 million. The historical rank and industry rank for Glencore's Owner Earnings per Share (TTM) or its related term are showing as below: Full year 2021 results: EPS: US$0.38 (up from US$0.14 loss in FY 2020). Miner and trader Glencore on Friday said it expects 2021 earnings before interest and tax (EBIT) for its trading division to top its $2.2 billion to $3.2 billion long-term guidance but stuck to . Full year 2021 earnings: EPS and revenues miss analyst expectations. JOHANNESBURG (Reuters) -Miner and trader Glencore on Friday said it expects 2021 earnings before interest and tax (EBIT) for its trading division to top its $2.2 billion to $3.2 billion long-term guidance but stuck to its production guidance. JOHANNESBURG (Reuters) -Miner and trader Glencore (OTC: GLNCY) on Friday said it expects 2021 earnings before interest and tax (EBIT) for its trading division to top its $2.2 billion to $3.2 . A summary of Glencore's preliminary financial results for the year ended December 2020, according to a company report published on Tuesday February 16. 2021 Annual Report of Glencore plc. In 2021, the Swiss-based company Glencore reported a net income of nearly 5 billion U.S. dollars, improving significantly the situation from the previous . The upgraded outlook would bring earnings from the trading business close to the record $3.3 billion the company reported last year. Glencore Plc operates as a diversified natural resource . The Anglo-Swiss commodity mining and trading major declared a base distribution of $3.4 billion, or $0.26 a share, in respect of 2021 cash flows, and a $550 million share-buyback program. submitted a copy of the Annual Report to the Financial Conduct Authority's (FCA) National Storage Mechanism in accordance with LR 9.6.1 R. JOHANNESBURG (Reuters) -Miner and trader Glencore on Friday said it expects 2021 earnings before interest and tax (EBIT) for its trading division to top its $2.2 billion to $3.2 billion long-term . Glencore shares ended 2020 virtually unmoved. The stock is trading with P/E ratio of 6.72 right now. In a press release published Tuesday, the Anglo-Swiss multinational commodity trading and mining company with a head . ET Glencore to Return $4 Bln to Shareholders After Record 2021 -- 2nd Update 5.26%. Glencore (GLEN) promises a payout to its investors as it focuses on more sustainable ventures - Photo: Shutterstock. ADJUSTED EBITDA: Glencore is expected to report record earnings for the 2021 calendar year, with analysts forecasting adjusted earnings before interest, taxes, depreciation and amortization of $21 . JOHANNESBURG (Reuters) -Miner and trader Glencore on Friday said it expects 2021 earnings before interest and tax (EBIT) for its trading division to top its $2.2 billion to $3.2 billion long-term . Glencore has returned to profit in the first half of this year, driving on higher commodity prices. 2021 was an . The FTSE 100 company forecast full-year marketing adjusted earnings before interest and taxes to exceed the top end of the long-term guidance range of $2.2 billion-$3.2 billion per annum. GLEN Previous Earnings Date & Report Recap: Dec 2021 (FY) Glencore Plc's previous annual earnings date was Feb 15, 2022 for its fiscal year ended Dec 31, 2021. BHP Group , which is dual-listed in Australia and the UK, will report earnings covering the six months to the end of December 2021, marking the first half of its financial year, at 0830 AM in Melbourne on the same date, or 2130 PM in London. The move to profitability was driven by higher revenue. As such, the bank raises Glencore's 2021/22 Ebitda forecast by between 11% and 14%, with the miner expected to be able to take advantage of higher near-term metals and coal price assumptions. 908 KB. Current and historical p/e ratio for Glencore (GLNCY) from 2012 to 2021. Key Points. Glencore said earnings were supported by sharp increases in metals prices and mining margins. GLENCORE opened its 2021 account with solid production numbers, but the highlight of the first quarter was a strong trading performance which the group said could see full year earnings from the . GLNCY is currently sporting a Zacks Rank of #1 (Strong Buy), as well as an A grade for Value. The FTSE 100 Anglo-Swiss mining . Features Questions? Glencore Plc's previous earnings date was Feb 15, 2022 for its fiscal quarter ended Dec 31, 2021. The PE ratio is a simple way to assess whether a stock is over or under valued and is the most widely used valuation measure. Advisor Insights; Personal Finance; Market Volatility; Retirement Planning; Start Investing; Save for College; Best Investments; See All (Kitco News) - Glencore (GLEN:LSE) said it forecasts its FY earnings before interest and taxes (EBIT) for its marketing and trading division to be at the top end of its annual range between $2.2 billion and $3.2 billion. The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted).As of today (2022-04-01), Glencore's share price is GBP5.00.Glencore's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2021 was GBP0.27.Therefore, Glencore's PE Ratio for today is 18.25. Available committed liquidity of $9.3 billion at 30 June 2021. Glencore has a P/B Ratio of 2.14. Its coal business . Commodities begin August near a decade-high, and there'll be plenty this week to help investors judge what comes next. EARNINGS from Glencore's Australian thermal coal operations soared 309% in 2021 - making the company a global thermal coal behemoth. SA Transcripts Tue, Feb. 16, 2021. Glencore reported a 9% drop in coal production for the first nine months of the year due to its Prodeco mines in Colombia being suspended and lower . It's Price-to-Owner-Earnings ratio for today is 43.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. By Jaime Llinares Taboada. 2021 (Q4) 36.81 / 34.44. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Glencore's surging earnings came on the back of a 43% leap in revenues to 203.75 billion US dollars (£150.2 billion), with shares in the firm rising 4% after the results. GLCNF Debt-to-Equity as of today (April 22, 2022) is 0.87. This stellar performance culminated in an announcement of a US$ 4 billion-dollar payout for the company's shareholders. Earnings for Glencore are expected to decrease by -26.72% in the coming year, from $2.62 to $1.92 per share. published its Annual Report for the year ended 31 December 2021 ("Annual Report") on its website www.glencore.com as required by DTR 4.1.3 R and 6.3.5 R; and. 9.949: 246.15% (+24.49) Aug 05, 2021: 2021 (Q2) 18.37 / 7.65-15.306: 150.00% (+22.96) Feb 16, 2021: 2020 (Q4) 7.27 / 9.95. Glencore will report full year earnings covering 2021 at 0700 AM London time on Tuesday February 15. Next FQE. Glencore plc (GLCNF) CEO Ivan Glasenberg on Q4 2020 Results - Earnings Call Transcript. In the last quarter, Alpha Metallurgical beat earnings estimates by 11% on revenue that beat by . "Basis Q1 2021's marketing performance, we expect full year Marketing EBIT (earnings before interest and tax) to be within the top . Glencore PLC said Tuesday that it will return $4.0 billion to shareholders after reporting record 2021 earnings on the back of higher commodity prices. As of December 31, 2021, it operated 20 active mines and 8 coal preparation and load-out facilities. The Swiss company posted an adjusted EBIDTA of $21.3 billion in 2021, nearly double from a year earlier. Profile. targeting completion in June 2021." https . Range Resources' earnings for 2021 are . Q3 2021 Sales and Revenue Release - Production Report: 09/02/21 : Ex-dividend day for Distribution from share premium account: 08/05/21 | 03:00am : Interim 2021 Earnings Call: 08/05/21 | 02:00am : Interim 2021 Earnings Release: 07/30/21 | 02:00am : Interim 2021 Sales and Revenue Release - Production Report: 04/29/21 | 07:30am : Annual General . Swiss-based miner-trader Glencore's metals adjusted EBIT (earnings before interest and taxes) rose by 50% year on year to total $2.5 billion in 2021, underpinned by higher metal commodities prices and a widespread supply-demand deficit, the company said in a new financial report for 2021. The bank forecast group earnings before interest, tax, depreciation and amortisation of between $23bn to $25bn for Glencore's 2021/22 financial year and $11bn to $13bn in free cash flow for the period. 2020 Modern Slavery Statement. In preliminary 2021 results, Glencore said it cut net debt to $6 billion at the end of 2021 from $15.8 billion a year earlier. Miner and trader Glencore on Friday said it expects 2021 earnings before interest and tax (EBIT) for its trading division to top its $2.2 billion to $3.2 billion long-term guidance but stuck to . By Thomas Biesheuvel (Bloomberg) - Glencore will pay out $1.18bn through dividends and share repurchases after surging metal prices helped drive first-half earnings to a record. Glencore PLC said Friday that it now expects earnings from its marketing business to be ahead of the guidance range in 2021. Net profit, pre-significant items, was $9.1 billion, up 2675, while net income . Glencore thermal coal earnings more than triple. Although the pandemic disrupted some of the company's operations with the price of certain commodities plunging, it has also resulted in a tailwind for others such as gold and silver, both of which reached all-time highs last year.. The 12¢ dividend is below last year's plan to pay 20¢ but management said a "top-up" could be paid alongside its interim results. Steven Kalmin - Chief Financial Officer. 2020 Glencore Cobalt Industry Responsible Assessment Framework (CIRAF) 11/07/2021. 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