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BHP to offload shale assets

BHP (AU:BHP) has moved to placate shareholders with a higher-than-policy dividend and plan to sell off its underperforming US shale assets.

BHP to offload shale assets BHP to offload shale assets BHP to offload shale assets BHP to offload shale assets BHP to offload shale assets

Up for grabs: BHP is upping its spend on drilling at its onshore oil assets like Fayetteville in Arkansas

These issues have been front of mind for shareholders this year, largely due to Elliott Management's campaigning.

The company posted a full-year underlying attributable profit of US$6.