BHP CEO Sees Lots of Interest in $10 Billion Shale Unit

BHP CEO Sees Lots of Interest in $10 Billion Shale Unit

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the company's strong financial performance, highlighting a 25% profit increase and a 38% dividend rise. It outlines asset sales in the oil and gas sector, focusing on the Fayetteville region, and the strategy for debt reduction and shareholder returns. The company is open to buybacks but will decide at the fiscal year's end. Engagement with Elliott Management is ongoing, with discussions on the dualistic structure and potential unification.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the percentage increase in the company's profits as mentioned in the first section?

15%

25%

45%

35%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the company's approach to asset sales in the oil and gas sector?

Expanding the asset portfolio

Avoiding any asset sales

Focusing on strategic sales for value

Selling all assets immediately

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the company plan to use the proceeds from asset sales?

Invest in new projects

Pay down debt and return to shareholders

Increase executive salaries

Expand into new markets

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the company's stance on buybacks with the extra cash from asset sales?

They are against buybacks

They have already started buybacks

They are considering buybacks

They have ruled out buybacks

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the company's current view on its dual-listed structure?

They have decided to remain dual-listed

They see no benefit in unifying

They are in a hurry to unify

They are open to unifying but cautious