BHP Said Seeking to Accelerate U.S. Shale Unit Sale

BHP is accelerating its plan to exit US shale operations, driven by investor pressure and underperformance. The company values its assets at around $10 billion and is open to selling them in packages or considering asset swaps, particularly in the Gulf of Mexico. The current market conditions, including recovering oil prices and regulatory changes, make it an opportune time for the sale. BHP aims to complete the sale by the end of the year, with alternatives like an IPO if the sale process stalls.

What factors are contributing to the perceived good timing for selling BHP's assets?

What is BHP's timeline for potentially completing the sale of its US shale assets?