Glencore PLC

Glencore Plc engages in the production and marketing of metal, mineral, and energy and agricultural commodities. The firm serves the automotive, steel, power generation, battery manufacturing, and oil sectors. It operates through the following segments: Marketing, Industrial, and Corporate and Other. The Marketing segment includes net sale and purchase of physical commodities, and provision of marketing and related value-add services. The Industrial segment deals with the sale of physical commodities over the cost of production and/or cost of sales. The Corporate and Other segment represents group related income and expenses. The company was founded in 1974 and is headquartered in Baar, Switzerland.

The company's next cash cow is probably copper, but the fortunes for both depend heavily on China.

Glencore Profits Handsomely From Energy Transition

Glencore has it all. It is the world's biggest producer of cobalt, and is among the top three public copper companies and nickel companies. For those following my “CCLANG” series of the six essential materials for the electrification revolution, Glencore is unique, with its roots in trading.

The Glencore Trifecta: Cobalt, Copper And Nickel (And More)

Proving the old stock market adage that it's better to travel than arrive, shares in Glencore PLC lost 2% of their value in opening salvos – even after reporting record annual earnings and massive cash hand back. After an 18% appreciation in the value of the stock in past year, the mining and commodities trading house would have had to have spectacularly outperformed to move the stock market needle higher, analysts reckon.

Glencore shares nudge 2% lower as market says 'meh' to US$7.1bn cash return

Glencore PLC said Wednesday that it will return $7.1 billion to shareholders after reporting record 2022 earnings on the back of significant growth in its marketing and energy divisions.

Glencore will return $7.1 billion to shareholders after record 2022 earnings

Glencore announced a payout of $7.1 billion to its investors on Wednesday, including a $1.5 billion share buyback, as strong oil and coal prices helped it post a record 2022 profit.

Glencore declares $7.1 bln payout to shareholders after record 2022

Barclays

Midweek brings the first in our FTSE 100 banking season, with Barclays PLC (LSE:BARC). Overall, the focus for the banking sector will be on shareholder returns and possibly windfall taxes, but for the blue-eagle bank analysts said it was the most difficult to predict in the coming week due to its investment bank.

Barclays kicks off bank season on Wednesday, Glencore adds extra income interest

It is time to stop buying Glencore PLC (LSE:GLEN), that's according to analysts at UBS, who today downgraded the miner and commodities trader to ‘neutral'. Despite its stock being up 50% since the beginning of 2022 and outperforming its competitors by 20%, analysts at UBS point to a weaker near-term outlook for thermal coal and cobalt prices which the Swiss bank's team reckons lead to a more balanced risk-vs-reward profile.

Glencore no longer a ‘buy' as UBS eyes financial results

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Teleperformance

Stocks with long symbols are difficult to remember and easy to overlook. That would be a mistake.

10 Solid Stocks WIth Terrible Tickers

Exxon Mobil

US oil major Exxon Mobil Corporation (NYSE:XOM) is reportedly planning to more aggressive in commodity trading, with a new division aiming to compete with the likes of Glencore and Trafigura. The division seeks to be active in the high-risk, high-reward world of energy derivatives, according to a report by Bloomberg.

Exxon plans to challenge Glencore and Trafigura in commodity trading business - report

BHP Billiton

The coal world is ‘restoring its price hierarchy', as the costs for metallurgical coal are soaring, while those for thermal coal are under pressure, according to a research note issued by Liberum. The difference in pricing is due to the steel industry in Asia coming out of winter and looking for raw materials, while power-gens are stocking up before the next shoulder season, the City broker said.

Glencore, Anglo American, BHP: Which of these stocks provides the best exposure to the current coal market?

(Kitco News) - Glencore announced today that its own sourced copper production in 2022 of 1,058,100 tonnes was 12% lower than 2021, due to the basis change arising from the sale of Ernest Henry in January 2022, the ongoing geotechnical constraints at Katanga, Collahuasi planned mining sequence changes and a lower contribution from Mount Isa.

Global mining group Glencore reports 12% copper production decline in 2022

Glencore PLC (LSE:GLEN) said its copper production dropped by 12% in 2022, impacted by issues at its Katanga open-pit mine in the Democratic Republic of Congo (DRC). The FTSE 100-listed miner and trader said it produced 1.06 million tonnes of copper last year, and kept its 2023 outlook unchanged at around 1.04 million tonnes.

Glencore sees copper production drop 12% in 2022, impacted by issues at its Katanga open-pit mine

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Two Barron's Annual Roundtable, plus one Bloomberg Intelligence articles published late-January listed 99 intriguing stocks for 2023; 77 were unduplicated US publicly-listed companies, of which, 56 paid-dividends. Barron's two roundtable discussions January 20 and 27 split 49 picks from 9 panelists in half, whereas Bloomberg detailed all 50 in their January 16 BusinessWeek edition.

Barron's And Bloomberg 2023 Ideal Dividend Stocks Of The Year

Largo Resources LTD

Energy Fuels

Europe vanadium pentoxide spot prices were slightly higher the past 30 days. China and Europe ferrovanadium prices were higher. Vanadium market news - Analysts forecast vanadium prices to increase steadily coming into 2023. Queensland government to build a A$75m vanadium, rare earth processing facility.

Vanadium Miners News For The Month Of January 2023

Electra Battery Materials Corp

Polymet Mining

Cobalt spot prices were lower for the month, LME inventory was lower for the month. Cobalt market news - BMI anticipates that cobalt prices will fall in early 2023 given surplus forecasts. Project Blue forecasts cobalt prices should strengthen as the year goes on.

Cobalt Miners News For The Month Of January 2023

Lundin Mining Corporation

Copper prices have climbed by nearly 12% since the turn of the year, supported by a broad-based base metals recovery. It is perhaps premature to speculate that copper prices will support most copper miners' stock prices.

2 Stocks to Consider as Copper Surges

Naspers Ltd

Prosus NV

Steven Romick (Trades, Portfolio) disclosed his portfolio for the fourth quarter of 2022 earlier this month.

Steven Romick Swaps Prosus for Naspers, Trims Top Holding Glencore

Does Glencore PLC (GLNCY) have what it takes to be a top stock pick for momentum investors? Let's find out.

Glencore PLC (GLNCY) is a Great Momentum Stock: Should You Buy?

Glencore, the FTSE 100's third-best performing stock last year, could see more gains this year. China's reopening and the global transition to cleaner energy will help.

Mining Giant Glencore Has 2 Ways to Win

Glencore remains a 'buy' for Deutsche Bank, though it concedes the best of the recent coal/energy windfall might be behind the mining titan. Even so, analysts at the German bank like the story for three reasons: “Sector leading cash generation and shareholder returns in 2023/24, even as coal prices moderate.

Glencore PLC appeals even without energy/coal windfall, according to Deutsche Bank

TORONTO, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Noranda Income Fund (TSX: NIF.UN) (the “Fund”) announced today that it has entered into an arrangement agreement (the “Arrangement Agreement”) with Glencore Canada Corporation (“Glencore”) by which Glencore will acquire all of the issued and outstanding priority units of the Fund for C$1.42 per unit, by way of a court approved plan of arrangement, for total consideration of approximately C$53.2 million (the “Transaction”). The purchase price of C$1.42 per unit represents a 45% premium on the closing price on the Toronto Stock Exchange (“TSX”) on January 6, 2023, the last trading day prior to announcement, and a 62% premium on the 20-day volume weighted average price per priority unit on the TSX for the period ending on January 6, 2023. Glencore currently holds 100% of the Fund's special fund units, representing 25% of all issued and outstanding units of the Fund.

Glencore Canada to Acquire Noranda Income Fund Priority Units in an All-Cash Transaction

Glencore PLC (LSE:GLEN) shares offer future growth and the prospect of improved ESG standards, despite a weak start to the year driven by warm weather and coal falling out of favour in Europe, said Credit Suisse. The FTSE 100 commodities trading and mining giant has "significant copper exposure” that provides an opportunity for long term growth, analysts at the investment bank said, while it could be a potential “ESG improver in the medium term”.

Glencore shares 'attractive' on copper and coal exposure and potential to improve ESG, investment bank says

Glencore (LON: GLEN) share price has had a difficult start to 2023 as concerns about the company's ESG credentials rose. The blue-chip mining stock plunged to a low of 503.3p, which was the lowest level since November 22.

Glencore share price dived amid ESG concerns: buy the dip?

Franco-Nevada C

Proshares S&P Global Core Battery Metals ETF

Anglo American PLC

Nickel spot prices were significantly higher the last month and the LME inventory was higher. Nickel market news - BMI: You can build the cathode/battery/EV plants; but if you don't have the raw materials, they're just expensive weights on your balance sheet.

Nickel Miners News For The Month Of December 2022

Europe vanadium pentoxide spot prices were higher in the past 30 days. China and Europe ferrovanadium prices were higher. Vanadium market news - Battery demand for vanadium from VRFB to change the vanadium market. Vanadium Flow Batteries could leapfrog over pumped hydro for long-duration energy storage.

News for Glencore PLC Stock (GLNCY)