• Copper
  • Basic Materials
Freeport-McMoRan Inc. logo
Freeport-McMoRan Inc.
FCX · US · NYSE
41.515
USD
-0.375
(0.90%)
Company Overview

333 NORTH CENTRAL AVENUE,PHOENIX AZ 85004,6023668100

CEO

Ms. Kathleen Lynne Quirk

Employess

27200

Sector

Basic Materials

Industry

Copper

Website

https://fcx.com

Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. The company primarily explores for copper, gold, molybdenum, silver, and other metals, as well as oil and gas. Its assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Tyrone and Chino in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile. The company also operates a portfolio of oil and gas properties primarily located in offshore California and the Gulf of Mexico. As of December 31, 2021, it operated approximately 135 wells. The company was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its name to Freeport-McMoRan Inc. in July 2014. Freeport-McMoRan Inc. was incorporated in 1987 and is headquartered in Phoenix, Arizona.

Next Earnings Date

Oct. 17, 2024

Ex Dividends date

Aug. 01, 2024

Dividend Date

July 15, 2024

YTD Performance

-0.89%

Fiscal Year End

12-31

IPO Date

1995-07-10

Growth Rates
(avg. rate of change) 10 years 5 years 3 years 1 year
Sales/Revenue 0.82% 4.04% 16.94% -0.32%
EPS -7.02% -3.88% 29.46% -46.67%
Equity -2.24% 11.69% 17.95% 7.32%
Cash 11.06% 6.09% 15.71% -30.44%
Return On Capital (ROIC) 3.36% 12.24% 19.08% 14.44%
Debt
year (millions) 2023 2022 2021 2020 2019
Short Term Debt 850 1,040 372 34 5
Long Term Debt 8,660 9,580 9,080 9,680 9,820
LT Finance Leases 347 332 319 228 248
Shares Outstanding 1,430 1,440 1,470 1,450 1,450
Market Cap 61,000 54,800 61,200 37,800 19,000
Price
Business Segments (Beta)
Geographical Segments (Beta)
News
Max Resource Issues an Update on the Purchase of the Floralia DSO Iron Ore Property in Brazil
1 month

Vancouver, British Columbia--(Newsfile Corp. - August 6, 2024) - Florália MAX RESOURCE CORP. (TSXV: MAX) (OTC Pink: MXROF) (FSE: M1D2) ("Max" or the "Company") has secured a 30-day extension on the option to purchase of 100% of the Florália DSO Iron Ore Property ("Florália Property" or "Property") located 120-km east of the city Belo Horizonte, State of Minas Gerais, Brazil (refer to Figures 1 to 3 and Summary of the Transaction).

newsfilecorp.com
Why Freeport-McMoRan (FCX) is a Top Value Stock for the Long-Term
1 month

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

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

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.

investors.com
7 Stocks' Revenue Totally Smashes All Expectations
2 months

It may be earnings season for the S&P 500 — but revenue is on top of many investors' minds.

investors.com
Freeport-McMoRan Inc. (FCX) is Attracting Investor Attention: Here is What You Should Know
2 months

Zacks.com users have recently been watching Freeport-McMoRan (FCX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

zacks.com
3 Undervalued Industrial Commodity Stocks That Can Surge by 100% On Rate Cuts
2 months

If we look at the returns of various asset classes in the last twenty years, commodities are the most undervalued. During this period, the Bloomberg Commodity Index has delivered negative returns at a CAGR of 0.4%.

investorplace.com
Max Resource Announces the 2024 Exploration Program for the Sierra Azul Copper-Silver Project, Funded by Freeport-McMoRan Exploration Corporation
2 months

Vancouver, British Columbia--(Newsfile Corp. - July 30, 2024) - MAX RESOURCE CORP. (TSXV: MAX) (OTC Pink: MXROF) (FSE: M1D2) ("Max" or the "Company")  is pleased to announce the 2024 exploration program for its Sierra Azul Copper-Silver Project (formerly known as the Cesar Copper-Silver Project), located in northeastern Colombia.

newsfilecorp.com
3 Reasons to Buy This Magnificent Commodity Stock on a Dip
2 months

The company's leaching initiative is starting to bear fruit meaningfully. The copper miner has expansion projects in its pipeline.

fool.com
Freeport-McMoRan: Volatile Copper Prices But An EPS Beat
2 months

Freeport-McMoRan's stock is heavily influenced by copper prices, which have recently dropped about 20% from their peak. Despite a strong quarterly report, I see FCX shares as having near-fair value, while its technical situation shows some reasons for optimism. With hearty EPS growth expected this year through 2026, the stock could grow into its valuation and even become a value play if it posts strong operational results.

seekingalpha.com
Final Trades: Freeport-McMoran, Pfizer, Danaher and United Rentals
2 months

The Investment Committee give you their top stocks to watch for the second half.

youtube.com
Freeport-McMoRan Inc. (FCX) Q2 2024 Earnings Call Transcript
2 months

Freeport-McMoRan Inc. (NYSE:FCX ) Q2 2024 Earnings Conference Call July 23, 2024 10:00 AM ET Company Participants David Joint - Vice President, Investor Relations Richard Adkerson - Chairman Kathleen Quirk - President & Chief Executive Officer Cory Stevens - President, Mining Services Mark Johnson - President & Chief Operating Officer, Freeport-McMoRan Indonesia; Executive Vice President, PT Freeport Indonesia Conference Call Participants Alan Spence - BNP Paribas Carlos De Alba - Morgan Stanley Liam Fitzpatrick - Deutsche Bank Bob Brackett - Bernstein Orest Wowkodaw - Scotiabank Michael Dudas - VRP Lawson Winder - Bank of America Securities Brian MacArthur - Raymond James Bill Peterson - JPMorgan Operator Ladies and gentlemen, thank you for standing by. Welcome to the Freeport-McMoRan Second Quarter Conference Call.

seekingalpha.com
Freeport's (FCX) Earnings and Revenues Surpass Estimates in Q2
2 months

Freeport (FCX) second-quarter earnings and revenues top estimates on higher copper and gold prices.

zacks.com