SYDNEY (AFX-ASIA) – BHP Billiton shares have been trading lower after Macquarie Equities cut its rating and other brokers downgraded earnings forecasts to reflect generally unimpressive third quarter production figures, dealers said. BHP Billiton has been dowgraded after its third quarter production figures showed a 22% fall in oil and condensate output. Dealers said it…
AUSTRALIA: BHP Billiton lower on downgrades after output data
Posted on May 5, 2003 by EnergyAsia