Member access

4-Traders Homepage  >  Shares  >  AUSTRALIAN SECURITIES EXCHANGE LIMITED  >  BHP Billiton Limited    BHP   AU000000BHP4

End-of-day quote. End-of-day quote AUSTRALIAN SECURITIES EXCHANGE LIMITED - 07/24
39.06 AUD   +0.21%
4h ago Mega miners set to reward investors after reining in costs
13h agoDJBHP BILLITON : Australia Tugboat Union Votes for Iron-Ore Port Stoppages
1d agoDJLONDON MARKETS : Glaxo Slides In London After Earnings Warning
SummaryQuotesChart AnalysisNewsCalendarCompanyFinancialsConsensusRevisions 

BHP Petrohawk Losses Deepen as Gas Prices Fall

11/07/2012 | 06:24pm US/Eastern
Recommend:
0
   By Rhiannon Hoyle 
 

SYDNEY--Losses at BHP Billiton Ltd.'s (>> BHP Billiton Limited) U.S. shale operation Petrohawk Energy Corp. this year have deepened amid continued weakness in natural-gas markets.

BHP on Thursday reported a loss from continuing operations before income tax of US$211.5 million for the nine months to Sep. 30 for Petrohawk, compared with profit of US$201.3 million in the year-earlier period.

In a statement to the stock exchange, BHP said the average price for natural gas in the nine months to the end of September had nearly halved year-on-year, contributing to the deepening losses.

Petrohawk had recorded a third-quarter loss of US$55 million, the statement added, a sharp turnaround from profit of US$127 million in the same quarter of 2011.

Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stocks mentioned in the article : BHP Billiton Limited
Recommend :
0
React to this article
Latest news on BHP BILLITON LIMITED
4h ago Mega miners set to reward investors after reining in costs
13h agoDJBHP BILLITON : Australia Tugboat Union Votes for Iron-Ore Port Stoppages
1d agoDJLONDON MARKETS : Glaxo Slides In London After Earnings Warning
1d agoDJLONDON MARKETS : Glaxo Slides In London After Earnings Warning
1d agoDJLONDON MARKETS : Glaxo Shares Fall In London After Earnings Warning
1d agoDJLONDON MARKETS : U.K. Stocks Edge Up After BOE Minutes; BHP Advances
1d agoDJLONDON MARKETS : U.K. Stocks Edge Up After BOE Minutes; BHP Advances
1d agoDJLONDON MARKETS : U.K. Stocks Slip Ahead Of BOE Minutes; BHP Gains
2d agoDJBHP Output Trumps Forecasts for Fiscal Year
07/16DJWoodside Revenue Leaps on Higher Production, Prices
Advertisement
Chart
Duration : Period :
BHP Billiton Limited Technical Analysis Chart | BHP | AU000000BHP4 | 4-Traders
Income Statement Evolution
BHP Billiton Limited : Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF