Glencore plc (GLNCY)
Glencore plc operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Baar, ZG, CH. The stock last traded at $14.86, up 2.20% on the session, giving a market capitalisation of $87.20B. On trailing twelve-month figures it carries a trailing P/E of 16.33, a net margin of 1.8%. Its beta of 0.51 implies it has historically moved less than the broad market.
Glencore plc is a global diversified natural resources company actively involved in the production, refinement, processing, storage, transport, and marketing of a wide array of metals, minerals, and energy products. Its extensive operations span continents, reaching the Americas, Europe, Asia, Africa, and Oceania. Structured into two primary divisions, Marketing Activities and Industrial Activities, the company is a significant producer and supplier of various industrial metals like copper, cobalt, nickel, zinc, lead, chrome ore, ferrochrome, vanadium, alumina, aluminum, tin, and iron ore. Its energy portfolio encompasses oil exploration, production, distribution, storage, and bunkering activities, alongside a broad offering of coal, crude oil, refined products, and natural gas. Beyond its proprietary output, Glencore also sources and trades physical commodities from third-party producers, supplying them to diverse industrial consumers across sectors such as battery manufacturing, electronics, construction, automotive, steel, and the energy and oil industries. Furthermore, it provides vital ancillary services, including financing and logistics solutions, to both producers and end-users of commodities. Established in 1974, Glencore plc, headquartered in Baar, Switzerland, adopted its current name in May 2014, having previously been known as Glencore Xstrata plc.
Glencore plc is most often compared with the following Basic Materials names: