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Last $166.20 MXN
Change Today -11.40 / -6.42%
Volume 501.8K
As of 4:09 PM 09/1/15 All times are local (Market data is delayed by at least 15 minutes).

freeport-mcmoran inc (FCX*) Snapshot

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52 Week High
09/17/14 - $466.89
52 Week Low
08/26/15 - $135.10
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Current Stock Chart for FREEPORT-MCMORAN INC (FCX*)

freeport-mcmoran inc (FCX*) Details

Freeport-McMoRan Inc., a natural resource company, engages in the acquisition of mineral assets, and oil and natural gas resources. It primarily explores for copper, gold, molybdenum, cobalt, silver, and other metals, as well as oil and gas. The company operates through North America Copper Mines; South America Mining; Indonesia Mining; Africa Mining; Molybdenum Mines; United States (U.S.) Oil and Gas Operations; Rod & Refining; and Atlantic Copper Smelting & Refining segments. It holds interests in various mines located in the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, Miami, Chino, Tyrone, Henderson, and Climax in North America; Cerro Verde and El Abra in South America; and Tenke Fungurume minerals district in Africa. The company’s oil and gas operations include oil production facilities in the Deepwater Gulf of Mexico (GOM); oil production facilities onshore and offshore California; onshore natural gas resources in the Haynesville shale play in Louisiana; natural gas production from the Madden area in central Wyoming; and a position in the Inboard Lower Tertiary/Cretaceous natural gas trend located in the shallow waters of the GOM and onshore in South Louisiana. As of December 31, 2014, its consolidated recoverable proven and probable mineral reserves included 103.5 billion pounds of copper, 28.5 million ounces of gold, 3.11 billion pounds of molybdenum, 282.9 million ounces of silver, and 0.85 billion pounds of cobalt; and its estimated proved oil and natural gas reserves totaled 390 million barrels of oil equivalents. 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 founded in 1987 and is headquartered in Phoenix, Arizona.

35,000 Employees
Last Reported Date: 02/27/15
Founded in 1987

freeport-mcmoran inc (FCX*) Top Compensated Officers

Chief Executive Officer, Vice Chairman, Presi...
Total Annual Compensation: $1.5M
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $763.8K
Vice Chairman, Chief Executive Officer of Fre...
Total Annual Compensation: $1.5M
Chief Administrative Officer and Executive Vi...
Total Annual Compensation: $646.3K
Compensation as of Fiscal Year 2014.

freeport-mcmoran inc (FCX*) Key Developments

Freeport-McMoRan to Cut 10% of its Staff Employees and Contractors at U.S. Mining Operations

Freeport-McMoRan is cutting 10% of its staff employees and contractors at U.S. mining operations. The company also plans to reduce its spending and production to cope with declining copper prices and soft economic conditions worldwide.

Freeport-McMoRan Provides Capital Expenditures Guidance for the Full Year of 2016

Freeport-McMoRan provided capital expenditures guidance for the full year of 2016. The company has announced a $700 million reduction in its estimated mining capital expenditures for 2016.

Freeport-McMoRan Seeks Acquisitions

Freeport-McMoRan Inc. (NYSE:FCX) filed a shelf-registration and will use the proceeds from sale of securities for general corporate purposes, including working capital, acquisitions, retirement of debt and other business opportunities.


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FCX*:MM $166.20 MXN -11.40

FCX* Competitors

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Company Last Change
Alcoa Inc $9.22 USD -0.23
Barrick Gold Corp $6.75 USD -0.20
Newmont Mining Corp $16.73 USD -0.34
Zijin Mining Group Co Ltd CNY3.56 CNY -0.09
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