Welcome to our dedicated page for Freeport-McMoran news (Ticker: FCX), a resource for investors and traders seeking the latest updates and insights on Freeport-McMoran stock.
Freeport-McMoRan Inc. (symbol: FCX) stands as a prominent player in the global mining sector. Headquartered in the United States, the company operates a diverse portfolio of mineral assets, significant oil and gas resources, and boasts a robust production profile.
Freeport-McMoRan's operations are divided into four primary divisions: North America copper mines, South America mining, Indonesia mining, and Molybdenum mines. The company’s flagship mines include the Morenci in North America, Cerro Verde in South America, and Grasberg in Indonesia. Beyond these, Freeport-McMoRan also oversees the Rod & Refining operations and the Atlantic Copper Smelting and Refining facility.
In addition to its mining operations, Freeport-McMoRan is involved in the oil and gas sector through its wholly-owned subsidiary, Freeport-McMoRan Oil & Gas (FM O&G). FM O&G holds substantial assets across North America, including reserves in the deepwater Gulf of Mexico, onshore and offshore California, and the Haynesville Shale plays. The company also has a strong presence in the emerging shallow water ultra-deep gas trend on the shelf of the Gulf of Mexico and onshore in South Louisiana.
The company’s key revenue driver is the sale of copper, but it also benefits from its diversified portfolio which includes gold, molybdenum, and oil and gas resources. Freeport-McMoRan is known for its mature properties with long-lived reserves, as well as properties with significant development and exploration potential.
Committed to sustainable mining, Freeport-McMoRan invests in environmental programs and community development projects to ensure that its operations have a positive impact on the regions where it operates. For the latest updates and more detailed information about Freeport-McMoRan, visit their official website at www.fcx.com.
Freeport-McMoRan (NYSE: FCX) has released its fourth-quarter and year-end 2022 financial results, now available on their Investor Relations webpage. A conference call for analysts discussing these results is scheduled for 10:00 a.m. ET today. FCX is a leading global mining company, known for its substantial reserves of copper, gold, and molybdenum, including operations in Indonesia's Grasberg district and significant sites in North and South America, such as Morenci in Arizona and Cerro Verde in Peru. The company emphasizes its commitment to responsibly produced copper, highlighting its positive global contribution.
Freeport-McMoRan Inc. (NYSE: FCX) has declared a cash dividend of $0.15 per share on its common stock, payable on February 1, 2023, to shareholders of record by January 13, 2023. This dividend consists of a base payment of $0.075 and a variable payment of $0.075 based on performance. The Board will consider financial results, cash needs, and global economic conditions in future dividend decisions. FCX is a prominent mining company with extensive copper, gold, and molybdenum reserves across various locations.
Freeport-McMoRan Inc. (NYSE: FCX) has released its third-quarter 2022 financial results, available on its Investor Relations webpage. The company is a leading global mining entity, notably involved in copper production. FCX operates significant assets, including the Grasberg minerals district in Indonesia and major operations in North and South America. A conference call is scheduled today at 10:00 a.m. Eastern Time to discuss these results, with a replay available until November 18, 2022. For more details, visit fcx.com.
Freeport-McMoRan Inc. (NYSE: FCX) has released its updated Climate Report, highlighting its commitment to reduce greenhouse gas (GHG) emissions and enhance energy efficiency. The company aims for a net-zero economy by 2050 and has set GHG reduction targets for 2030 covering nearly all Scope 1 and 2 emissions. FCX is also investigating alternatives to coal for its energy supply and is collaborating with equipment manufacturers to achieve its climate goals. The report aligns with the Task Force on Climate-related Financial Disclosures and includes verified GHG emissions data.
Freeport-McMoRan Inc. (NYSE: FCX) declared cash dividends of $0.15 per share on common stock, payable on November 1, 2022, to shareholders of record as of October 14, 2022. This dividend aligns with FCX’s performance-based payout framework, which consists of a base and variable dividend of $0.075 each. As a leading international mining company, FCX operates significant copper, gold, and molybdenum assets worldwide, notably in the Grasberg minerals district in Indonesia and large-scale operations in North and South America.
Freeport-McMoRan Inc. (NYSE: FCX) announced the posting of its second-quarter 2022 financial and operational results on its Investor Relations page. The company will hold a conference call today at 10:00 a.m. Eastern Time to discuss these results, which can be accessed via webcast. FCX is a major international mining company, primarily focused on copper production, with significant assets in Indonesia, North America, and South America. The company's operations include the Grasberg district in Indonesia and the Morenci district in Arizona.
Freeport-McMoRan (NYSE: FCX) declared a cash dividend of $0.15 per share on its common stock, payable on August 1, 2022, to shareholders of record by July 15, 2022. This decision aligns with FCX's performance-based payout framework, initiated in November 2021. With operations in the Grasberg district in Indonesia and significant mining sites in North and South America, FCX stands as one of the largest publicly traded copper producers. The company emphasizes its commitment to responsible copper production as a global contributor.
Freeport-McMoRan Inc. (NYSE: FCX) has published its first-quarter 2022 financial and operational results on its Investor Relations website. The company operates significant copper, gold, and molybdenum assets, including the Grasberg minerals district in Indonesia and major operations in North and South America. A conference call with analysts was scheduled for 10:00 a.m. Eastern Time to discuss these results, with a replay available until May 20, 2022. FCX emphasizes its role in responsibly producing copper to contribute positively to global needs.
PT Freeport Indonesia has successfully completed a $3.0 billion senior notes offering, divided into three tranches: $750 million at 4.763% due April 14, 2027; $1.5 billion at 5.315% due April 14, 2032; and $750 million at 6.200% due April 14, 2052. These notes are rated Baa3 by Moody's and BBB- by Fitch. Proceeds will finance smelter projects, refinancing, and general corporate purposes. Notably, the offering complies with specific regulations and will not be registered under the Securities Act, limiting its sale to qualified institutional buyers.
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