Last $441.50 MXN
Change Today -8.10 / -1.80%
Volume 600.0
FCX* On Other Exchanges
Symbol
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As of 1:36 PM 09/22/14 All times are local (Market data is delayed by at least 15 minutes).

freeport-mcmoran inc (FCX*) Snapshot

Open
$441.50
Previous Close
$449.60
Day High
$441.50
Day Low
$441.50
52 Week High
07/10/14 - $509.65
52 Week Low
03/11/14 - $405.00
Market Cap
458.7B
Average Volume 10 Days
20.2K
EPS TTM
--
Shares Outstanding
1.0B
EX-Date
07/11/14
P/E TM
--
Dividend
$1.22
Dividend Yield
3.69%
Current Stock Chart for FREEPORT-MCMORAN INC (FCX*)

freeport-mcmoran inc (FCX*) Details

Freeport-McMoRan Inc., a natural resource company, is engaged in the acquisition of mineral assets, and oil and natural gas resources. The company primarily explores for copper, gold, molybdenum, cobalt, silver, and other metals, as well as oil and gas. It operates in North America Copper Mines, South America Mining, Indonesia Mining, Africa Mining, and Molybdenum Mines, United States (U.S.) Oil and Gas Operations, Rod & Refining, and Atlantic Copper Smelting & Refining segments. The company 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, El Abra, Candelaria, and Ojos del Salado in South America; and Tenke Fungurume minerals district in Africa. As of December 31, 2013, its consolidated recoverable proven and probable mineral reserves included 111.2 billion pounds of copper, 31.3 million ounces of gold, 3.26 billion pounds of molybdenum, 308.5 million ounces of silver, and 0.87 billion pounds of cobalt. 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.

Founded in 1987

freeport-mcmoran inc (FCX*) Top Compensated Officers

Vice Chairman, Chief Executive Officer, Presi...
Total Annual Compensation: $2.5M
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $650.0K
Vice Chairman, Chief Executive Officer of Fre...
Total Annual Compensation: $1.5M
Chief Administrative Officer and Executive Vi...
Total Annual Compensation: $550.0K
Compensation as of Fiscal Year 2013.

freeport-mcmoran inc (FCX*) Key Developments

FCX Reportedly In Talks To Sell Candelaria Mine To Lundin

Freeport-McMoRan Inc. (NYSE:FCX) is currently in talks to sell the Candelaria copper mine to Lundin Mining Corporation (TSX:LUN) for over $2 billion. The sale of a large Chilean mine owned by FCX has been held up by local authorities due to a capital gains tax issue, the Wall Street Journal reported citing two sources close to the matter. Both FCX and Lundin declined to comment on the news. Shares of FCX went down 2% at $35.63.

Talks For Candelaria Copper Mine Reportedly In Limbo

Freeport-McMoRan Inc. (NYSE:FCX) sale talks of Candelaria copper mine with Lundin Mining Corporation (TSX:LUN) is being held up as Freeport-McMoRan Inc. seeks clarification with local authorities on a tax issue, MarketWatch reported citing a person familiar with the matter. Spokesmen for Lundin Mining Corporation and Freeport-McMoRan Inc. declined to comment.

Freeport-McMoRan Reportedly Contacts Potential Buyers For Onshore Oil Wells In California

Freeport-McMoRan Inc. (NYSE:FCX) has contacted potential buyers about selling its onshore oil wells in California, which could fetch as much as $5 billion, people familiar with the matter said. Freeport-McMoRan has been actively pursuing asset sales in order to reduce debt, which totals more than $20 billion. Freeport is in the early stages of approaching prospective buyers, which could include other oil companies as well as private equity firms, the people said, asking not to be named because the matter is not public. Freeport-McMoRan said it was aiming to sell about $4 billion or $5 billion worth of onshore assets but did not say which assets it planned to divest. A representative for Freeport declined to comment.

 

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