Teck Resources

Teck Resources Limited is a resource company, which engages in mining and development of mineral properties. It organized into business units focused on steelmaking coal, copper, zinc, and energy. The firm also offers lead, silver, molybdenum and various specialty and other metals, chemicals and fertilizers. It focuses on its project operations located in Canada, Peru, Chile, and U.S. The company was founded on September 24, 1951 and is headquartered in Vancouver, Canada.

Earnings data Q1 2021

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Teck Resources reports robust Q2 earnings post coal business sale

Teck Resources delivered strong financial performance in Q2 2024, driven by copper production and strategic divestment of the coal business. While facing short-term challenges in production guidance, the company's focus on growth projects and shareholder returns highlights a promising future outlook.

Teck Resources excels in energy transition metals, faces QB challenges

Teck Resources showcased strong operational performance, financial discipline, and commitment to sustainability in the Q3 earnings call. Despite challenges in QB operations, the company's strategic focus on safety and value-driven initiatives positions it well for future growth.

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Teck Resources Limited is a resource company, which engages in the exploration, acquisition, development, production, and sale of natural resources. Its products include steelmaking coal, copper, zinc, industrial products and fertilizers, and other metals. Its project operations are located in Canada, Peru, U.S., and Chile. The company was founded on September 24, 1951 and is headquartered in Vancouver, Canada.

VANCOUVER, British Columbia, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) President and Chief Executive Officer, Jonathan Price and members of Teck's executive management team will be presenting on Tuesday, November 5, 2024 from 4:00 p.m. to 8:00 p.m.

Teck's 2024 Strategy Day

VANCOUVER, British Columbia, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) has been named to the Forbes list of the World's Top Companies for Women 2024, an employee-driven ranking of multinational corporations from 37 countries around the world.

Teck Named to Forbes World's Top Companies for Women 2024 List

Teck Resources Ltd (TSX:TECK.B) has downwardly revised its annual copper production guidance, sending its shares more than 5% lower on Thursday. The company now expects copper production in the range of 420,000 to 455,000 tons, compared to its earlier forecast of 435,000 to 500,000 tons.

Teck Resources lowers annual copper production guidance

Teck Resources Limited (NYSE:TECK ) Q3 2024 Earnings Call Transcript October 24, 2024 11:00 AM ET Company Participants Fraser Phillips - Senior Vice President, Investor Relations & Strategic Analysis Jonathan Price - Chief Executive Officer Crystal Prystai - Chief Financial Officer Shehzad Bharmal - Senior Vice President, Operations Ian Anderson - Executive Vice President & Chief Commercial Officer Conference Call Participants Orest Wowkodaw - Scotiabank Bryce Adams - CIBC Carlos De Alba - Morgan Stanley Chris LaFemina - Jefferies Liam Fitzpatrick - Deutsche Bank Myles Allsop - UBS Lucas Pipes - B. Riley Securities Timna Tanners - Wolfe Research Operator Ladies and gentlemen, thank you for standing by.

Teck Resources Limited (TECK) Q3 2024 Earnings Call Transcript

Teck Resources Ltd (TECK) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.57 per share a year ago.

Teck Resources Ltd (TECK) Q3 Earnings Beat Estimates

Continued growth in copper production and over $1.3 billion returned to shareholders this year Continued growth in copper production and over $1.3 billion returned to shareholders this year

Teck Reports Unaudited Third Quarter Results for 2024

Teck Resources (TECK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Teck Resources Ltd (TECK) Q3 Earnings Expected to Decline

VANCOUVER, British Columbia, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) will release its third quarter 2024 earnings results before market open on Thursday, October 24, 2024.

Teck to Release Third Quarter 2024 Results on October 24, 2024

Freeport-McMoRan

The copper market is caught between a stimulus-fueled surge and the looming specter of Trump 2.0 tariffs.

Teck Resources Vs. Freeport-McMoRan: China Stimulus Boost Or Trump Tariff Blues?

VANCOUVER, British Columbia, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) has been named to the Forbes list of the World's Best Employers 2024, an employee-driven ranking of multinational companies and institutions from over 50 countries around the world.

Teck Named to Forbes World's Best Employers 2024 List

VANCOUVER, British Columbia, Oct. 04, 2024 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck”) today announced the appointment of Lyndon Arnall as Executive Vice President and Chief Legal and Sustainability Officer, effective November 1, 2024. Mr. Arnall will succeed Charlene Ripley, who has confirmed her intention to retire at the end of this year.

Teck Announces Appointment of Lyndon Arnall as Executive Vice President and Chief Legal and Sustainability Officer

VANCOUVER, British Columbia, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) noted today that one of four sections of the Trail Operations' Electrolytic Zinc Plant has been shut down following a localized fire on September 24.

Teck Update on Trail Operations' Electrolytic Zinc Plant

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VANCOUVER, British Columbia, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today announced a new business structure to support its shift to a pure-play energy transition metals company focused on growth.

Teck Announces New Structure to Support Energy Transition Metals Growth

China is weighing on copper prices, but surging demand for AI and electric vehicles and looming supply shortfalls should make FCX and TECK big winners.

Copper Prices Are A Can't-Miss Bet; Why Power-Hungry AI, EVs Will Fuel FCX, TECK

Teck Resources' (TECK) Q2 earnings reflect the impact of lower steelmaking coal prices and zinc sales that offset higher sales for copper and steelmaking coal and elevated copper and zinc prices.

Teck Resources (TECK) Q2 Earnings Beat Estimates, Decline Y/Y

Teck Resources Limited (NYSE:TECK ) Q2 2024 Earnings Conference Call July 24, 2024 11:00 AM ET Company Participants Fraser Phillips - Senior Vice President, Investor Relations and Strategic Analysis Jonathan Price - Chief Executive Officer Crystal Prystai - Chief Financial Officer Shehzad Bharmal - Senior Vice President, Operations Karla Mills - Head, Project Ian Anderson - Chief Commercial Officer Robin Sheremeta - President, Coal Business Unit Conference Call Participants Orest Wowkodaw - Scotiabank Lucas Pipes - B. Riley Securities Jackie Przybylowski - BMO Capital Markets Liam Fitzpatrick - Deutsche Bank Timna Tanners - Wolfe Research Carlos De Alba - Morgan Stanley Bill Peterson - JPMorgan Brian MacArthur - Raymond James Operator Ladies and gentlemen, thank you for standing by.

Teck Resources Limited (TECK) Q2 2024 Earnings Call Transcript

Teck Resources Ltd (TECK) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.91 per share a year ago.

Teck Resources Ltd (TECK) Q2 Earnings Top Estimates

Record quarterly copper production and transformation to pure-play energy transition metals company Record quarterly copper production and transformation to pure-play energy transition metals company

Teck Reports Unaudited Second Quarter Results for 2024

Teck Resources (TECK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Teck Resources Ltd (TECK) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release

VANCOUVER, British Columbia, July 15, 2024 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today announced (i) the results of its previously announced six separate offers (the “Offers”) to purchase for cash the outstanding notes of the series listed in the table below (collectively, the “Notes”) and (ii) that it has amended the Offers by increasing the Maximum Purchase Amount from US$1.25 billion to approximately US$1.384 billion, an amount sufficient to accept all Notes in full.

Teck Announces Upsizing and Results of its Cash Tender Offers

VANCOUVER, British Columbia, July 15, 2024 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today announced the pricing terms of its previously announced six separate offers (the “Offers”) to purchase for cash up to US$1,250,000,000 aggregate principal amount of its outstanding notes of the series listed in the table below (collectively, the “Notes”).

Teck Announces Pricing of Cash Tender Offers

Teck Resources (TECK) plans to use the proceeds from the sale of its steelmaking coal business to reduce debt, invest in its copper business and distribute cash to shareholders.

Teck Resources (TECK) Exits Coal to Focus on Copper, Stock Up

Rio Tinto plc Sponsored

In a move that could significantly reshape the mining industry, Rio Tinto, the global mining giant listed in London and Sydney, is reportedly considering buying Teck Resources.  Following BHP's unsuccessful £24.7 billion bid for Anglo American, Rio Tinto has been evaluating potential targets, with the Canadian mining firm at the forefront.

Rio Tinto considers $32 billion acquisition of Canadian mining giant Teck Resources

Teck Resources (TECK) stock price has done well in the past few years as it continued to beat key peers in the industry. It has jumped by over 24% this year, beating the iShares Copper and Metals Mining ETF (ICOP) and the SPDR S&P Metals & Mining ETF (XME).

News for Teck Resources Stock (TECK)