Freeport-McMoRan, Inc. (FCX)
Stock Price:
$13.98 USD
0.02 (0.11%)
Updated Aug 12, 2020 3:40 PM EDT - Market open
Key Info
| Market Cap |
20.29B |
| Revenue (ttm) |
12.92B |
| Net Income (ttm) |
-636.00M |
| Shares Out |
1.45B |
| EPS (ttm) |
-0.44 |
| PE Ratio |
n/a |
| Forward PE |
196.08 |
| Dividend |
$0.20 |
| Dividend Yield |
1.43% |
Stock Quote
| Trading Day |
Aug 12, 2020 |
| Last Price |
$13.98 |
| Previous Close |
$13.96 |
| Change ($) |
0.02 |
| Change (%) |
0.11% |
| Day's Open |
14.20 |
| Day's Range |
13.93 - 14.23 |
| Day's Volume |
9,540,252 |
| 52-Week Range |
4.82 - 14.76 |
More Stats
| Market Cap |
20.29B |
| Enterprise Value |
28.74B |
| Earnings Date (est) |
Oct 21, 2020 |
| Ex-Dividend Date |
n/a |
| Shares Outstanding |
1.45B |
| Float |
1.42B |
| EPS (basic) |
-0.46 |
| EPS (diluted) |
-0.44 |
| FCF / Share |
-1.08 |
| Dividend |
$0.20 |
| Dividend Yield |
1.43% |
| Earnings Yield |
n/a |
| FCF Yield |
n/a |
| Payout Ratio |
n/a |
| Shares Short |
43.99M |
| Short Ratio |
1.88 |
| Short % of Float |
3.41% |
| Beta |
2.30 |
| PE Ratio |
n/a |
| Forward PE |
196.08 |
| P/FCF Ratio |
n/a |
| PS Ratio |
1.57 |
| PB Ratio |
2.36 |
| Revenue |
12.92B |
| Operating Income |
585.00M |
| Net Income |
-636.00M |
| Free Cash Flow |
-1.56B |
| Net Cash |
-8.45B |
| Net Cash / Share |
-5.82 |
| Gross Margin |
21.02% |
| Operating Margin |
4.53% |
| Profit Margin |
-4.90% |
| FCF Margin |
-12.09% |
| ROA |
0.67% |
| ROE |
-3.53% |
| ROIC |
n/a |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (20)
| Buy |
12 |
| Overweight |
0 |
| Hold |
8 |
| Underweight |
0 |
| Sell |
0 |
Price Target
$15.30*
(9.48% upside)
Low
11.7
Current: $13.98
High
20.0
Target: 15.30
*Average 12-month price target from 19 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 14,402 | 18,628 | 16,403 | 14,830 | 14,607 | 20,001 | 20,921 | 18,010 | 20,880 | 18,982 |
| Revenue Growth | -22.69% | 13.56% | 10.61% | 1.53% | -26.97% | -4.4% | 16.16% | -13.75% | 10% | - |
| Gross Profit | 1,297 | 5,183 | 4,423 | -2,704 | -12,808 | 1,507 | 6,284 | 6,449 | 9,960 | 9,611 |
| Operating Income | 1,091 | 4,754 | 3,690 | -2,729 | -13,512 | -298 | 5,351 | 5,814 | 9,140 | 9,068 |
| Net Income | -239 | 2,602 | 1,821 | -4,252 | -12,116 | -1,103 | 2,680 | 3,041 | 5,747 | 4,336 |
| Shares Outstanding | 1,451 | 1,449 | 1,447 | 1,318 | 1,082 | 1,039 | 1,002 | 949 | 947 | 915 |
| Earnings Per Share | -0.17 | 1.78 | 1.25 | -3.16 | -11.31 | -1.26 | 2.64 | 3.19 | 4.78 | 4.57 |
| EPS Growth | - | 42.4% | - | - | - | - | -17.24% | -33.26% | 4.6% | - |
| Dividend Per Share | 0.20 | 0.15 | - | - | 0.46 | 1.25 | 2.25 | 1.19 | 1.50 | 0.95 |
| Dividend Growth | 33.33% | - | - | - | -62.96% | -44.44% | 89.39% | -20.8% | 57.89% | - |
| Operating Cash Flow | 1,482 | 3,863 | 4,666 | 3,737 | 3,220 | 5,631 | 6,139 | 3,774 | 6,620 | 6,273 |
| Capital Expenditures | -2,521 | -1,848 | -1,162 | 3,425 | -2,991 | -2,329 | -5,046 | -3,383 | -2,376 | -1,328 |
| Free Cash Flow | -1,039 | 2,015 | 3,504 | 7,162 | 229 | 3,302 | 1,093 | 391 | 4,244 | 4,945 |
| Cash & Equivalents | 2,020 | 4,217 | 4,526 | 4,245 | 177 | 464 | 1,985 | 3,705 | 4,822 | 3,738 |
| Total Debt | 9,826 | 11,141 | 13,229 | 16,027 | 20,324 | 18,849 | 20,706 | 3,527 | 3,537 | 4,755 |
| Net Cash / Debt | -7,806 | -6,924 | -8,703 | -11,782 | -20,147 | -18,385 | -18,721 | 178 | 1,285 | -1,017 |
| Assets | 40,809 | 42,216 | 37,302 | 37,317 | 46,577 | 58,674 | 63,473 | 35,440 | 32,070 | 29,386 |
| Liabilities | 23,361 | 24,324 | 26,006 | 28,060 | 33,769 | 35,449 | 37,526 | 14,129 | 13,517 | 14,826 |
| Book Value | 9,298 | 9,798 | 7,977 | 6,051 | 7,828 | 18,287 | 20,934 | 17,543 | 15,642 | 12,504 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Freeport-McMoRan, Inc. |
| Country |
United States |
| Employees |
27,500 |
| CEO |
Richard C. Adkerson |
Stock Information
| Ticker Symbol |
FCX |
| Stock Exchange |
New York Stock Exchange |
| Sector |
Basic Materials |
| Industry |
Copper |
| Unique Identifier |
NYSE: FCX |
Description
Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. The company primarily explores for copper, gold, molybdenum, silver, and other metals, as well as oil and gas. Its assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Tyrone and Chino 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 also operates a portfolio of oil and gas properties primarily located in offshore California and the Gulf of Mexico. As of December 31, 2019, it estimated consolidated recoverable proven and probable mineral reserves totaled 116 billion pounds of copper, 29.6 million ounces of gold, and 3.58 billion pounds of molybdenum, as well as operated approximately 210 wells. 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.