Freeport-McMoRan Inc. (FCX)
| Market Cap | 73.27B |
| Revenue (ttm) | 23.79B |
| Net Income (ttm) | 1.66B |
| Shares Out | 1.43B |
| EPS (ttm) | 1.13 |
| PE Ratio | 45.20 |
| Forward PE | 29.04 |
| Dividend | $0.60 (1.17%) |
| Ex-Dividend Date | Apr 12, 2024 |
| Volume | 10,230,487 |
| Open | 50.07 |
| Previous Close | 49.96 |
| Day's Range | 49.70 - 51.35 |
| 52-Week Range | 32.83 - 52.52 |
| Beta | 2.02 |
| Analysts | Buy |
| Price Target | 49.00 (-4.07%) |
| Earnings Date | Apr 23, 2024 |
About FCX
Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. It primarily explores for copper, gold, molybdenum, silver, and other metals. The company's assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Chino and Tyrone 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 was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its na... [Read more]
Financial Performance
In 2023, FCX's revenue was $22.86 billion, an increase of 0.33% compared to the previous year's $22.78 billion. Earnings were $1.85 billion, a decrease of -46.71%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for FCX stock is "Buy." The 12-month stock price forecast is $49.0, which is a decrease of -4.07% from the latest price.
News
How to trade Fed news, plus stocks to consider
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Anglo American and Other Copper Stocks Have Surged. Time to Sell.
Copper prices and shares of copper miners have just run too hot—and look vulnerable to declines.
Freeport-McMoRan Publishes 2023 Annual Report on Sustainability
PHOENIX--(BUSINESS WIRE)--Freeport-McMoRan Inc. (NYSE: FCX) today announced the publication of its 2023 Annual Report on Sustainability detailing its environmental, social and governance performance d...
I've never been more enthusiastic on the outlook for copper, says Freeport-McMoRan CEO
Richard Adkerson, Freeport-McMoRan CEO, joins 'Closing Bell Overtime' to talk the global commodity supply chain, metal commodity demand, markets in China and more.
Freeport-McMoRan First-Quarter 2024 Financial and Operating Results Release Available on Its Website
PHOENIX--(BUSINESS WIRE)--Freeport-McMoRan Inc. (NYSE: FCX) today announced that it has posted its first-quarter 2024 financial and operating results press release on the Investor Relations page of it...
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Freeport-McMoRan Declares Quarterly Cash Dividends on Common Stock
PHOENIX--(BUSINESS WIRE)--Freeport-McMoRan Inc. (NYSE: FCX) announced today that its Board of Directors declared cash dividends of $0.15 per share on FCX's common stock payable on May 1, 2024, to shar...
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Freeport-McMoran CEO: Copper demand is driven by carbon reduction investments and AI
Freeport-McMoran CEO Richard Adkerson joins 'Money Movers' to discuss the recent price action in copper and Adkerson's forecast for the commodity, the company's efforts to supply copper, and much more...
As AI Continues To Dominate Headlines, Copper's Critical Role Comes Into Focus - Advanced Micro Devices (NASDAQ:AMD), Boeing (NYSE:BA)
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Trade Tracker: Steve Weiss sells Freeport-McMoran and buys more Archer-Daniels-Midland
Steve Weiss, founder and managing partner at Short Hills Capital Partners, joins CNBC's 'Halftime Report' to detail his latest portfolio moves.
ArcWest Provides Exploration Update on 2023 Todd Creek Program, Funded by Freeport-McMoRan Mineral Properties Canada Inc.
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Freeport-McMoRan Names Kathleen Quirk Next CEO
The appointment will be effective at the annual meeting of shareholders on June 11, the company said.
Freeport-McMoRan Announces Leadership Transition
PHOENIX--(BUSINESS WIRE)--Freeport-McMoRan Inc. (NYSE: FCX) announced today the appointment of Kathleen L. Quirk as President and Chief Executive Officer to be effective at the annual meeting of share...
Freeport-McMoRan on Copper Prices: You Ain't Seen Nothing Yet, an Industrial Info News Alert
SUGAR LAND, Texas--(BUSINESS WIRE)--Researched by Industrial Info Resources--Growing demand for copper and higher prices for gold are boosting fortunes at Freeport-McMoRan Incorporated (NYSE:FCX) (Pho...
Copper price action is in a 'watch-out situation', says Freeport-McMoran CEO
Richard Adkerson, Freeport-McMoran CEO, joins 'Money Movers' to discuss the company's quarterly earnings results, the outlook for how China will affect Freeport-McMoran's business, and the global pict...
Copper production boosts FreePort-McMoRan results past Wall Street expectations
FreePort-McMoRan Inc.'s stock rose 6.3% on Wednesday after the mining giant's fourth-quarter profit and revenue beat Wall Street projections, with its copper volumes exceeding its earlier estimate.