(Updates to add stock movement in the headline and the first paragraph)

BHP Group (ASX:BHP) shares rose 7% in recent Tuesday trade and earlier reached their all time high after the company reported fiscal first-half underlying earnings of $1.222 per basic share, up from $1.002 a year earlier.

Analysts polled by FactSet expected earnings of $1.19.

Revenue for the six months ended Dec. 31, 2025, was $27.9 billion, compared with $25.18 billion a year earlier. Analysts surveyed by FactSet expected $27.34 billion.

The company raised its fiscal 2026 copper production guidance to between 1.9 million and 2 million tonnes, up from the previous range of 1.8 million to 2 million tonnes.

The board declared an interim dividend of $0.73 per share, up from $0.50 a year earlier, payable March 26 to shareholders on record as of March 6.