Glencore plc (GLCNF) Stock

About Glencore plc

Glencore plc, founded in Baar, Switzerland, in 1974 (and known as Glencore Xstrata plc until May 2014), operates as a global commodity giant. Its core business involves the full spectrum of activities from producing, refining, and processing to storing, transporting, and marketing metals, minerals, and various energy products. These operations are structured into two main segments, Marketing Activities and Industrial Activities, and extend across the Americas, Europe, Asia, Africa, and Oceania. Within its industrial operations, Glencore handles a diverse array of metals and minerals, including copper, cobalt, nickel, zinc, lead, chrome ore, ferrochrome, vanadium, alumina, aluminum, tin, and iron ore. On the energy side, the company explores for and produces oil, in addition to distributing, storing, and bunkering petroleum products. It also actively trades in coal, crude oil, refined products, and natural gas. Furthermore, Glencore distributes both its own output and physical commodities acquired from other producers to a broad base of industrial customers. These include vital sectors such as battery manufacturing, electronics, construction, automotive, steel production, and the wider energy and oil industries. The company also offers crucial supplementary services, such as financing and logistics, to both commodity producers and consumers.

Glencore plc is headquartered in CH.

Glencore plc (GLCNF) stock trades at $7.21 with a market capitalization of $84.35B. The stock is valued at a price-to-earnings (P/E) ratio of 233.95, price-to-book of 2.23, price-to-sales of 0.34. Over the past 52 weeks the stock has ranged between $3.74 and $8.30, and currently trades 13.1% below its 52-week high. It pays a dividend yielding 2.36%.

On profitability, Glencore plc generates a return on equity (ROE) of 0.96%, return on capital employed of 3.95%, an operating margin of 1.26%, a net profit margin of 0.15%.

In its most recent fiscal year, Glencore plc reported annual revenue of $247.5B, net profit of $371.0M, revenue has compounded at 11.7% a year over the last five years.

The balance sheet shows a debt-to-equity ratio of 1.07, a current ratio of 1.06, total assets of $142.4B, $3.0B in cash and equivalents.

GLCNF has an average daily trading volume of 83,381 shares, a beta of 0.51 (less volatile than the overall market).

Official website: www.glencore.com