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Freeport-McMoRan, Inc. (FCX)

Stock Price: $13.98 USD 0.02 (0.11%)
Updated Aug 12, 2020 3:40 PM EDT - Market open

Stock Price Chart

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

Analyst Consensus: Buy

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

Year2019201820172016201520142013201220112010
Revenue14,40218,62816,40314,83014,60720,00120,92118,01020,88018,982
Revenue Growth-22.69%13.56%10.61%1.53%-26.97%-4.4%16.16%-13.75%10%-
Gross Profit1,2975,1834,423-2,704-12,8081,5076,2846,4499,9609,611
Operating Income1,0914,7543,690-2,729-13,512-2985,3515,8149,1409,068
Net Income-2392,6021,821-4,252-12,116-1,1032,6803,0415,7474,336
Shares Outstanding1,4511,4491,4471,3181,0821,0391,002949947915
Earnings Per Share-0.171.781.25-3.16-11.31-1.262.643.194.784.57
EPS Growth-42.4%-----17.24%-33.26%4.6%-
Dividend Per Share0.200.15--0.461.252.251.191.500.95
Dividend Growth33.33%----62.96%-44.44%89.39%-20.8%57.89%-
Operating Cash Flow1,4823,8634,6663,7373,2205,6316,1393,7746,6206,273
Capital Expenditures-2,521-1,848-1,1623,425-2,991-2,329-5,046-3,383-2,376-1,328
Free Cash Flow-1,0392,0153,5047,1622293,3021,0933914,2444,945
Cash & Equivalents2,0204,2174,5264,2451774641,9853,7054,8223,738
Total Debt9,82611,14113,22916,02720,32418,84920,7063,5273,5374,755
Net Cash / Debt-7,806-6,924-8,703-11,782-20,147-18,385-18,7211781,285-1,017
Assets40,80942,21637,30237,31746,57758,67463,47335,44032,07029,386
Liabilities23,36124,32426,00628,06033,76935,44937,52614,12913,51714,826
Book Value9,2989,7987,9776,0517,82818,28720,93417,54315,64212,504
Numbers in millions USD, except per-share numbers.

Company Profile

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.