Glencore/£GLEN

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About Glencore

Glencore is a global diversified natural resources company headquartered in Baar, Switzerland. The company operates in three main segments: Metals and Minerals, Energy Products, and Agricultural Products. It is involved in the production, refinement, and trading of essential commodities including copper, zinc, nickel, coal, and oil. Glencore's assets are spread across a wide geographic footprint, with operations in over 35 countries. The company's integrated marketing and logistics business model allows it to manage supply and demand dynamics effectively, providing a competitive edge in the volatile commodities market. Founded in 1974, Glencore has grown through significant mergers and acquisitions, such as its merger with Xstrata in 2013.
Ticker
£GLEN
Sector
Materials
Primary listing
LSE
Employees
140,000
Headquarters
Baar, Switzerland

Glencore Metrics

BasicAdvanced
£69B
17.73
£0.33
0.51
£0.10
1.70%

What the Analysts think about Glencore

Analyst ratings (Buy, Hold, Sell) for Glencore stock.
Analyst projections of the future price of Glencore stock.

Bulls say / Bears say

Glencore’s marketing segment delivered a record first‐half result, with Marketing Adjusted EBIT surging 142% year-on-year to $3.3 billion, underscoring the strength of its integrated trading business amid volatile markets. (Reuters)
Group Adjusted EBITDA climbed 86% to $10.1 billion, and net income attributable to equity holders swung to $4.4 billion from a loss in the prior year, driven by robust commodity prices and strong operational performance. (Reuters)
Own-sourced copper production for H1 2026 reached 397,000 tonnes, a 15% increase over H1 2025 due to improved grades and higher mining rates at key assets, bolstering the Metals & Minerals segment’s output. (Reuters)
Glencore’s H1 energy trading profits, which increased 66-fold due to Iran war–related market turmoil, expose its earnings to cyclical reversals if geopolitical tensions ease and volatility subsides. (Reuters)
Steelmaking coal production in H1 2026 dropped 14% year-on-year to 13.5 million tonnes due to lower EVR throughput and yields, indicating segment vulnerability until operational issues are resolved. (Reuters)
Net cash purchase and sale of PP&E rose to $4.0 billion in H1 2026 versus $3.2 billion a year earlier, largely driven by capital-intensive copper portfolio investments that may pressure free cash flow if commodity markets weaken. (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 22 Aug 2026.

Glencore Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

Glencore Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise

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