BRIEF-Glencore's 2019 Coal Production Guidance Reduced By 5Mt To 140Mt [Reuters]
GLENCORE PLC UNSP/ADR (GLNCY)
US:NASDAQ Investor Relations:
glencore.com/investors
Company Research
Source: Reuters
BRIEF-Glencore's 2019 Coal Production Guidance Reduced By 5Mt To 140Mt Dec 3 (Reuters) - Glencore PLC: * FIRST OF KATANGA’S TWO COBALT DRYERS HAS BEEN RESTARTED. REALISATION OF FULL DRYING CAPACITY EXPECTED MID-2020 * TARGETING ANNUALISED STEADY STATE PRODUCTION OF 300KTPY CU AND 30KTPY CO TOWARDS THE END OF 2020 FROM KATANGA * SEES 2020-2022 INDUSTRIAL CAPEX AVERAGE OF ABOUT $5.0BN PER ANNUM * CURRENT MARKET CONDITIONS SUGGEST 2020 EARNINGS TOWARDS THE MIDDLE OF THE LONG-TERM RANGE * 30-40KTPY NI IN FENI PLANNED OVER THE NEXT 3 YEARS FROM KONIAMBO * REITERATE TARGET OF AT LEAST $1BN FROM NON-CORE LONG-TERM ASSET MONETISATIONS DURING 2019/2020 * BASIS $65/BBL, EBITDA GENERATION IS FORECAST TO EXCEED $650M BY 2022 FOR INDUSTRIAL OIL * TARGETING REDUCTION IN NET DEBT TO ADJUSTED. EBITDA TOWARDS 1X OVER THE NEXT 12 MONTHS (1.24X AT 30 JUNE) * LONG-TERM MARKETING ADJUSTED EBIT UNCHANGED GUIDANCE RANGE OF $2.2 TO $3.2BN * REITERATE TARGET OF AT LEAST $1BN FROM NON-CORE LONG-TERM ASSET MONE
Show less
Read more
Impact Snapshot
Event Time:
GLNCY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GLNCY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GLNCY alerts
High impacting GLENCORE PLC UNSP/ADR news events
Weekly update
A roundup of the hottest topics
GLNCY
News
- Canadian Foodgrains Bank and Viterra celebrate nine consecutive years of working together to end global hunger [Yahoo! Finance]Yahoo! Finance
- Glencore’s Lomas Bayas Partners with Ceibo to Accelerate Access to Clean CopperBusiness Wire
- Trafigura Paid Bribes Via ‘Mr. Non-Compliant,' Swiss Prosecutors Say [Yahoo! Finance Canada]Yahoo! Finance Canada
- World's Biggest Cobalt Miner Is Gloomy on the EV Metal's Future [Yahoo! Finance]Yahoo! Finance
- Work stoppage to hit British Columbia ports [Yahoo! Finance]Yahoo! Finance