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 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, June 28, 2022 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) will release its second quarter 2022 earnings results before market open on Wednesday, July 27, 2022.

Teck to Release Second Quarter 2022 Results on July 27, 2022

VANCOUVER, British Columbia, June 28, 2022 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today announced a Carbon Capture Utilization and Storage (CCUS) pilot project at its Trail Operations metallurgical complex in southern British Columbia. The CCUS pilot is expected to begin operation in the second half of 2023.

Teck Announces Carbon Capture Utilization and Storage Plant Pilot

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The outlook for the Q2 earnings reporting season is about as cloudy as it could be. Between uncertain supply chain improvement, wildly out-of-control inflation, rising energy prices, and an aggressive FOMC there is a real chance the season could be a bloodbath.

What To Buy Before The Q2 Earnings Season Kicks Off

VANCOUVER, British Columbia, June 14, 2022 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today the pricing terms of its previously announced tender offer (as amended and supplemented, the “Tender Offer) to purchase up to US$650 million aggregate principal amount of the outstanding notes (collectively, the “Notes” and each a “Series” of Notes) identified in Teck's Offer to Purchase dated May 24, 2022 (as amended by Teck's news releases dated June 7, 2022 and June 14, 2022 and as it may be further amended or supplemented, the “Offer to Purchase”). The terms and conditions of the Tender Offer are described in the Offer to Purchase, which may be obtained from Global Bondholder Services Corporation as described below.

Teck Announces Pricing of Cash Tender Offer

VANCOUVER, British Columbia, June 14, 2022 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today the early results of the previously announced tender offer (as amended and supplemented, the “Tender Offer”) to purchase certain of its outstanding notes (collectively, the “Notes” and each a “Series” of Notes) identified in Teck's Offer to Purchase (as defined below). Teck also announced that it has amended the Tender Offer to increase the aggregate maximum principal amount of Notes that may be accepted for purchase in the Tender Offer from US$500 million to US$650 million (as so increased, the "Revised Aggregate Maximum Tender Amount").

Teck Announces Early Results of Cash Tender Offer, Acceptance of US$650 Million Principal Amount of Notes and Other Amendments to Previously Announced Tender Offer

Let's see if Teck Resources (TECK) stock is a good choice for value-oriented investors right now from multiple angles.

Is Teck Resources (TECK) a Suitable Value Investor Stock?

VANCOUVER, British Columbia, June 07, 2022 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today that it has amended certain terms of its previously announced cash tender offer (the “Tender Offer”) to purchase up to US$500 million aggregate principal amount (subject to increase or decrease by Teck, the “Aggregate Maximum Tender Amount”) of its outstanding notes listed in the table below (collectively, the “Notes” and each a “Series” of Notes), in the order of priority shown in the table below.

Teck Announces Amendments to Previously Announced Tender Offer, including Extension of Early Tender Deadline

Target of conserving or rehabilitating at least three hectares for every hectare disturbed Target of conserving or rehabilitating at least three hectares for every hectare disturbed

Teck Sets Nature Positive Goal

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When we began working on this post the idea was to write up the three most upgraded stocks so far in Q2. Things changed, however, when we discovered that the three most upgraded stocks in Q2 are all energy stocks.

These Are the Three (3) Most Upgraded Stocks For Q2

Teck Resources Limited engages in exploring for, acquiring, developing, and producing natural resources in Asia, Europe, and North America. It operates through Steelmaking Coal, Copper, Zinc, Energy. This article is a comparison between high probability next-few-months market-expectancy forecast bets of real capital, not about some guesses of years-from-now P/E outcomes of corporate competitive capabilities.

Teck Resources: Better Near-Term Gainer Than PICK ETF Say Market-Makers

VANCOUVER, British Columbia, May 24, 2022 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today that it commenced a cash tender offer (the “Tender Offer”) to purchase up to US$500 million aggregate principal amount (subject to increase or decrease by Teck, the “Aggregate Maximum Tender Amount”) of its outstanding notes listed in the table below (collectively, the “Notes” and each a “Series” of Notes), in the order of priority shown in the table below.

Teck Announces Cash Tender Offer for up to US$500 million of Debt Securities

Teck Resources is now facing the most favorable outlook its had for a very long time. Even with input costs increasing by approximately 13% y/y, predominantly driven by higher diesel prices, Teck Resources is oozing cash.

Teck Resources: Focused On Coal And Priced At Less Than 2x EBITDA

VANCOUVER, British Columbia, May 13, 2022 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today the launch of a Zinc Satellite initiative focused on surfacing value from Teck's portfolio of world-class zinc development assets located in the Americas and Australia, including five substantial zinc resources.

Teck Launches Zinc Satellite to Surface Value from Portfolio of Zinc Assets

VANCOUVER, British Columbia, May 10, 2022 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) President and Chief Executive Officer Don Lindsay will be participating in a fireside chat at the BofA Securities 2022 Global Metals, Mining & Steel conference on Wednesday, May 18, 2022 at 8:00 a.m. Eastern/5:00 a.m. Pacific time. The investor presentation will include information on company strategy, financial performance, and outlook for the company's business units.

Teck to Present at BofA Securities 2022 Global Metals, Mining & Steel Conference May 18, 2022

VANCOUVER, British Columbia, May 03, 2022 (GLOBE NEWSWIRE) -- Vancouver International Airport (YVR) and Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today announced a partnership through YVR's Innovation Hub and Teck's Copper & Health program to install antimicrobial copper on high-touch surfaces to help protect the health and safety of travellers, visitors and staff. With this installation, YVR is the first airport in Canada to incorporate antimicrobial copper, which is proven to continuously kill bacteria and reduce the spread of infection.

YVR Partners with Teck to Become Canada's First Airport with Antimicrobial Copper Surfaces to Protect Passenger Health

VANCOUVER, British Columbia, April 28, 2022 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today that initiatives deployed through its technology transformation programs, highlighted by the signature RACE21™ program, are expected to generate approximately $1.1 billion in recurring, annualized benefits through enhanced operational performance, safety and sustainability.

Teck's Technology Transformation Programs Enhance Performance, Safety and Sustainability; Expected to Generate $1.1 billion in Annualized Benefits

Here is how Teck Resources Ltd (TECK) and Anglo American (NGLOY) have performed compared to their sector so far this year.

Is Teck Resources (TECK) Outperforming Other Basic Materials Stocks This Year?

Teck Resources Limited (NYSE:TECK ) Q1 2022 Earnings Conference Call April 27, 2022 11:00 AM ET Company Participants Fraser Phillips - Senior Vice President, Investor Relations and Strategic Analysis Don Lindsay - President and CEO Jonathan Price - Executive VP and CFO Shehzad Bharmal - Senior Vice President of Base Metals, North America and Peru Red Conger - Executive Vice President and Chief Operating Officer Real Foley - SVP of Marketing and Logistics Conference Call Participants Orest Wowkodaw - Scotia Bank Lawson Winder - Bank of America Securities Carlos De Alba - Morgan Stanley Lucas Pipes - B. Riley Securities Brian MacArthur - Raymond James Jackie Przybylowski - BMO Capital Markets Operator All participants, thank you for standing by.

Teck Resources Limited (TECK) CEO Don Lindsay on Q1 2022 Results - Earnings Call Transcript

The Canadian miner reported earnings with lofty commodity prices driving its top and bottom lines.

Why Teck Resources Stock Jumped 12% at the Open Today

Teck Resources Ltd (TECK) delivered earnings and revenue surprises of 4.46% and 3.12%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Teck Resources Ltd (TECK) Q1 Earnings and Revenues Surpass Estimates

Teck starts the year with record-setting financial performance driven by high commodity prices

Teck Reports Unaudited First Quarter Results for 2022

VANCOUVER, British Columbia, April 27, 2022 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today that it intends to repurchase up to US$500 million of Class B subordinate voting shares. These proposed share repurchases are in addition to the previously announced approximately $635 million in aggregate of dividends and share repurchases for 2022.

Teck Announces Additional US$500 Million Share Buyback

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Earnings Previews: Boeing, General Dynamics, Teck Resources

Teck Resources (TECK) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

News for Teck Resources Stock (TECK)