BHP Billiton Posts 1H Net Loss of $5.7B

The video discusses BHP's financial challenges, including a significant net loss and a dividend cut, as well as the impact of weak commodity prices. BHP's stock performance and future outlook on commodities and oil are also covered. In contrast, Qantas reports strong financial results, benefiting from low oil prices and a successful transformation program. The video highlights Qantas's strategic initiatives and financial performance, including a share buyback program.

What was the underlying profit of BHP in the first half, and how did it compare to market expectations?

• $412 million, below expectations

• $700 million, met expectations

• $928 million, above expectations

• $688 million, below expectations

What significant change did BHP make to its dividend policy?

• Eliminated dividends entirely

• Maintained the progressive dividend policy

• Switched to a 50% dividend payout ratio

• Increased dividend payout ratio to 70%

What was one of the main reasons for BHP's stock decline?

• Increased iron ore prices

• High oil prices

• Strong Chinese demand

• Oversupply and weak Chinese demand

How did Qantas benefit from the weak oil prices?

• Increased fuel costs

• Reduced fuel bills

• Higher ticket prices

• Lower tourism rates

What strategic move did Qantas announce instead of a dividend?

• An increase in ticket prices

• A merger with another airline

• A new dividend policy

• A $500 million share buyback program