for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Freeport-McMoRan Inc

FCX

Latest Trade

15.60USD

Change

-0.04(-0.26%)

Volume

3,222,141

Today's Range

15.55

 - 

15.80

52 Week Range

4.82

 - 

17.50

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Latest Developments

Freeport-Mcmoran Announces Commitment To Copper Mark Responsible Production Framework

Sept 21 (Reuters) - Freeport-McMoRan Inc <FCX.N>::FREEPORT-MCMORAN ANNOUNCES COMMITMENT TO COPPER MARK RESPONSIBLE PRODUCTION FRAMEWORK.

Carl Icahn Dissolves Shared Share Stake In Freeport-Mcmoran

Aug 14 (Reuters) - CARL ICAHN::CARL ICAHN DISSOLVES SHARED SHARE STAKE IN FREEPORT-MCMORAN INC - SEC FILING.CARL ICAHN - CHANGE IN HOLDINGS ARE AS OF JUNE 30, 2020 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF MARCH 31, 2020.

Freeport-Mcmoran Appoints Joshua Olmsted As President, Chief Operating Officer – Americas

Aug 7 (Reuters) - Freeport-McMoRan Inc <FCX.N>::FREEPORT-MCMORAN ANNOUNCES APPOINTMENT OF JOSHUA F. OLMSTED AS PRESIDENT AND CHIEF OPERATING OFFICER – AMERICAS.

Freeport-Mcmoran- 2020 Capex Estimate Includes $1.3 Bln Related To Grasberg Minerals District, Completion Of Arizona Lone Star Copper Leach Project

July 23 (Reuters) - Freeport-McMoRan Inc <FCX.N>::FREEPORT-MCMORAN - 2020 CAPEX ESTIMATE INCLUDES $1.3 BILLION RELATED TO GRASBERG MINERALS DISTRICT, COMPLETION OF ARIZONA LONE STAR COPPER LEACH PROJECT.FREEPORT-MCMORAN - LONE STAR PROJECT IS SUBSTANTIALLY COMPLETE & ON TRACK TO PRODUCE ABOUT 200 MILLION POUNDS OF COPPER ANNUALLY BEGINNING IN H2 2020.FREEPORT-MCMORAN - IS CURRENTLY ASSESSING OPTIONS AND FUTURE TIMING OF RESTART OF THE CHINO MINE.FREEPORT-MCMORAN - IS CONTINUING TO OPERATE EL ABRA CONSISTENT WITH ITS APRIL 2020 REVISED OPERATING PLANS.

Freeport-McMoRan Announces Offers To Purchase Certain Outstanding Senior Notes

July 13 (Reuters) - Freeport-McMoRan Inc <FCX.N>::FREEPORT-MCMORAN ANNOUNCES OFFERS TO PURCHASE CERTAIN OUTSTANDING SENIOR NOTES.FREEPORT-MCMORAN INC - HAS COMMENCED CASH TENDER OFFERS TO PURCHASE A PORTION OF ITS OUTSTANDING 3.55% SENIOR NOTES DUE 2022.FREEPORT-MCMORAN INC - COMMENCED CASH TENDER OFFERS TO PURCHASE PORTION OF CERTAIN NOTES FOR PRICE UP TO $800 MILLION.

Freeport-Mcmoran Inc - Underground Ramp-Up At Grasberg Advancing On Schedule

July 6 (Reuters) - Freeport-McMoRan Inc <FCX.N>::FREEPORT-MCMORAN INC - UNDERGROUND RAMP-UP AT GRASBERG ADVANCING ON SCHEDULE.FREEPORT-MCMORAN INC - SECOND-QUARTER 2020 CONSOLIDATED COPPER AND GOLD SALES ABOVE TARGET.FREEPORT-MCMORAN INC - DURING Q2, CO MET OR EXCEEDED SEVERAL KEY PERFORMANCE TARGETS INCLUDED IN APRIL 2020 REVISED OPERATING PLANS.FREEPORT-MCMORAN INC - Q2 COPPER SALES ARE EXPECTED TO EXCEED APRIL 2020 ESTIMATE OF 690 MILLION POUNDS BY APPROXIMATELY 8 PERCENT.FREEPORT-MCMORAN INC - Q2 GOLD SALES EXPECTED TO EXCEED APRIL 2020 ESTIMATE OF 165 THOUSAND OUNCES BY APPROXIMATELY 10 PERCENT.FREEPORT-MCMORAN INC - LONE STAR PROJECT ON TRACK TO PRODUCE ABOUT 200 MILLION POUNDS OF COPPER PER ANNUM BEGINNING IN SECOND HALF OF 2020.FREEPORT-MCMORAN - DURING Q2, COMBINED PRODUCTION RATES FROM GRASBERG BLOCK CAVE, DEEP MLZ UNDERGROUND MINES EXCEEDED 54,000 METRIC TONS OF ORE/DAY.FREEPORT-MCMORAN INC - EXPECTS TO RECORD A SMALL NET LOSS BEFORE NONRECURRING ITEMS APPROXIMATING $0.03 PER SHARE IN Q2.

Freeport-McMoRan Says Entered Into Third Amendment To Revolving Credit Agreement Dated As Of April 20, 2018

June 3 (Reuters) - Freeport-McMoRan Inc <FCX.N>::FREEPORT-MCMORAN INC - ENTERED INTO THIRD AMENDMENT TO REVOLVING CREDIT AGREEMENT DATED AS OF APRIL 20, 2018.FREEPORT-MCMORAN INC - AMENDMENT ADDS A MINIMUM LIQUIDITY COVENANT OF $1.0 BILLION.FREEPORT-MCMORAN INC - AMENDMENT INCREASES DRAWN PRICING DURING COVENANT INCREASE PERIOD, PERMANENTLY INCREASES UNDRAWN PRICING.

Freeport-McMoran Announces $1.3 Billion Reduction In 2020 Estimated Operating Costs

April 24 (Reuters) - Freeport-McMoRan Inc <FCX.N>::FREEPORT-MCMORAN REVISED OPERATING PLANS IN RESPONSE TO THE COVID-19 PANDEMIC AND FIRST-QUARTER 2020 FINANCIAL RESULTS RELEASE AVAILABLE ON ITS WEBSITE.$1.3 BILLION REDUCTION IN 2020 ESTIMATED OPERATING COSTS.FREEPORT-MCMORAN SAYS $100 MILLION REDUCTION IN 2020 ESTIMATED EXPLORATION AND ADMINISTRATIVE COSTS.FREEPORT-MCMORAN- SEES $800 MILLION REDUCTION IN 2020 ESTIMATED CAPITAL EXPENDITURES.ABOUT 400 MILLION POUND REDUCTION IN THE AMERICAS 2020 ESTIMATED COPPER SALES VOLUMES.QTRLY REVENUES $2,798 MILLION VERSUS $3,792 MILLION.QTRLY LOSS PER SHARE $0.34.FREEPORT-MCMORAN- IMPLEMENTING SERIES OF ACTIONS TO REDUCE ADMINISTRATIVE, CENTRALIZED SUPPORT COSTS IN CONJUNCTION WITH ITS REVISED OPERATING PLANS.FREEPORT-MCMORAN - CURRENTLY ASSESSING OPTIONS & FUTURE TIMING OF RESTART OF CHINO MINE.DEFERRED ABOUT $0.3 BILLION IN CAPITAL PROJECTS FROM 2020 TO FUTURE PERIODS FOR THE NORTH AMERICA COPPER MINES.FREEPORT-MCMORAN- COST SAVINGS INITIATIVES INCLUDE TEMPORARY REDUCTION IN CERTAIN EMPLOYEE BENEFITS, INITIATION OF FURLOUGHS.FIRST-QUARTER 2020 COPPER SALES OF 729 MILLION POUNDS AND GOLD SALES OF 144 THOUSAND OUNCES.ELECTED TO COMPLETE INITIAL PHASE OF THE LONE STAR COPPER LEACH PROJECT WITH A REMAINING INVESTMENT OF ABOUT $100 MILLION IN 2020.FREEPORT-MCMORAN - FIRST-QUARTER 2020 MOLYBDENUM SALES OF 21 MILLION POUNDS.FREEPORT-MCMORAN- BOARD APPROVED 25%REDUCTION IN SALARY OF EACH OF FCX'S CEO AND CFO THROUGH THE END OF 2020.

Freeport-McMoRan Announces Suspension Of Q1 Cash Dividend On Common Stock And Prudent Steps To Reduce Costs And Capital Spending Plans

March 23 (Reuters) - Freeport-McMoRan Inc <FCX.N>::FREEPORT-MCMORAN ANNOUNCES SUSPENSION OF FIRST-QUARTER CASH DIVIDEND ON COMMON STOCK AND PRUDENT STEPS TO REDUCE COSTS AND CAPITAL SPENDING PLANS.FREEPORT-MCMORAN INC - WILL SUSPEND QUARTERLY CASH DIVIDEND OF $0.05 PER SHARE PREVIOUSLY PLANNED FOR MAY 1, 2020.FREEPORT-MCMORAN INC - REVISED OPERATING PLANS MAY RESULT IN TEMPORARY REDUCTIONS IN COPPER AND MOLYBDENUM PRODUCTION AT OPERATIONS IN AMERICAS.FREEPORT-MCMORAN - UNDERTAKEN REVIEW OF OPERATING PLANS AT EACH GLOBAL COPPER & MOLYBDENUM OPERATIONS TO TARGET REDUCTIONS IN COSTS, CAPITAL SPENDING.

Freeport-McMoRan Reaffirms Outlook For Significant Cash Flow Generation In 2021 And Beyond

March 9 (Reuters) - Freeport-McMoRan Inc <FCX.N>::FREEPORT-MCMORAN INC - REAFFIRMS OUTLOOK FOR SIGNIFICANT CASH FLOW GENERATION IN 2021 AND BEYOND.FREEPORT-MCMORAN INC - RAMP-UP OF PRODUCTION FROM UNDERGROUND TRANSITION AT GRASBERG DISTRICT REMAINS ON TRACK.FREEPORT-MCMORAN INC - LONE STAR PROJECT IN ARIZONA IS NEARING COMPLETION AND IS EXPECTED TO BE COMMISSIONED DURING 2020.FREEPORT-MCMORAN INC - THERE HAVE BEEN NO SIGNIFICANT DISRUPTIONS TO ITS SUPPLY CHAIN OR PRODUCT SHIPMENTS SINCE OUTBREAK OF CORONAVIRUS.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up