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 - 04/17
38.1 AUD   +0.42%
5d agoDJWoodside Output Rises, Talks on Leviathan Deal Continue
5d agoDJWoodside Output Rises, Talks On Leviathan Deal Continue
6d agoDJFortescue Iron-Ore Shipments Jump
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
5d agoDJWoodside Output Rises, Talks on Leviathan Deal Continue
5d agoDJWoodside Output Rises, Talks On Leviathan Deal Continue
6d agoDJFortescue Iron-Ore Shipments Jump
6d agoDJFortescue Iron-Ore Shipments Jump
6d agoDJBHP BILLITON : Boosts Iron-Ore Production Outlook
6d agoDJBHP BILLITON : Boosts Iron-Ore Production Outlook
7d agoDJRio Tinto Iron-Ore Output Drops in Adverse Weather
7d agoDJRio Tinto Iron-Ore Output Drops in Adverse Weather
04/10 BHP polishes up nickel unit as demerger talk swirls
04/10DJLONDON MARKETS : FTSE 100 Ekes Out Gain After BOE Stands Pat On Rates
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