Freeport-McMoRan, Inc. (FCX)
| Market Cap | 43.79B |
| Revenue (ttm) | 24.27B |
| Net Income (ttm) | 4.87B |
| Shares Out | 1.43B |
| EPS (ttm) | 3.47 |
| PE Ratio | 8.82 |
| Forward PE | 9.89 |
| Dividend | $0.45 (1.47%) |
| Ex-Dividend Date | Jul 14, 2022 |
| Volume | 15,744,799 |
| Open | 30.94 |
| Previous Close | 30.27 |
| Day's Range | 30.41 - 31.66 |
| 52-Week Range | 24.80 - 51.99 |
| Beta | 2.01 |
| Analysts | Buy |
| Price Target | 39.28 (+28.3%) |
| Earnings Date | Jul 21, 2022 |
About FCX
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 p... [Read more...]
Financial Performance
In 2021, FCX's revenue was $22.85 billion, an increase of 60.90% compared to the previous year's $14.20 billion. Earnings were $4.31 billion, an increase of 618.86%.
Financial StatementsAnalyst Forecast
According to 27 analysts, the average rating for FCX stock is "Buy." The 12-month stock price forecast is 39.28, which is an increase of 28.28% from the latest price.
News
How Does Freeport McMoran Inc Compare to Its Sector Competitors?
Freeport McMoran Inc recently reported its earnings with mixed results. Investors may be interested to see how this company's performance compares to its peers.
3 Top-Quality Copper Value Stocks
With economies around the world either in recession or on the brink of recession, shares of many commodity stocks have been sinking in anticipation of lower demand for their products.
Why Shares in Freeport-McMoRan Fell Today
Weak economic data from China sent commodity stocks lower today.
Freeport-McMoRan Is a Great Buy for Value Investors
On a risk/reward basis, the copper miner is looking like a highly attractive stock to buy.
Here is What to Know Beyond Why FreeportMcMoRan Inc. (FCX) is a Trending Stock
Zacks.com users have recently been watching Freeport-McMoRan (FCX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
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Falling Copper Prices Weigh On Freeport McMoran's Earnings, But Long Term Fundamentals Intact
Freeport McMoran Inc (NYSE: FCX) is an American mining company based out of Pheonix, Arizona. The company's stock rose slightly despite weaker than expected results.
Fiscal and financial markets have a huge disconnect, says Freeport-McMoRan CEO
Richard Adkerson, FCX chairman and CEO, joins 'Squawk on the Street' to discuss a striking shift in the copper market, how the company is doing its long-term planning and how long-term demand will fare ...
Freeport's (FCX) Earnings and Sales Miss Estimates in Q2
Freeport's (FCX) Q2 earnings are impacted by lower realized prices for copper.
Freeport-McMoRan says its copper, gold and molybdenum production up in second quarter
(Kitco News) - Freeport-McMoRan (NYSE: FCX), the world's second largest copper miner, announced today that the company produced 1,075 million pounds of copper in Q2 2022, up 18% compared to Q2 2021 (913...
Freeport-McMoRan (FCX) Q2 Earnings and Revenues Lag Estimates
Freeport-McMoRan (FCX) delivered earnings and revenue surprises of -23.68% and 15.48%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Freeport-McMoRan misses on profit and revenue amid a 'precipitous' fall in copper prices
Shares of Freeport-McMoRan Inc. FCX, +0.25% slipped 0.1% in premarket trading, after the copper and gold miner reported second-quarter profit and revenue that missed expectations, concerns over the glob...
Freeport-McMoRan profit drops 22% on lower copper prices
U.S. mining giant Freeport-McMoRan Inc on Thursday reported a 22.4% fall in second-quarter profit, hurt by lower realized prices.
Freeport-McMoRan Second-Quarter 2022 Financial and Operating Results Release Available on its Website
PHOENIX--(BUSINESS WIRE)--Freeport-McMoRan Inc. (NYSE: FCX) today announced that it has posted its second-quarter 2022 financial and operating results press release on the Investor Relations page of its...
Two-Minute Drill: FCX & KNX
Wincrest Capital's Barbara Ann Bernard joins 'Closing Bell: Overtime' to give her thoughts on two stocks.
Freeport (FCX) to Report Q2 Earnings: What's in the Offing?
Freeport's (FCX) second-quarter results are likely to have been impacted by sequentially higher unit net cash costs and weaker copper prices.
Why Shares Of Freeport-McMoRan Are Rising
Freeport-McMoRan (NYSE: FCX) shares are trading higher by 8.35% to $27.97 amid strength in copper prices. According to data from CNBC, the price of Copper is up 3.01% trading at $3.33 per pound.
Why Shares of Freeport-McMoRan Lost 10% This Week
The copper miner continues to suffer from a sell-off in the industrial-metal's price.
Why Shares in Freeport-McMoRan Fell Sharply Today
The copper miner's stock took another hit today along with other economically aligned stocks.
Freeport-McMoRan (FCX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Freeport-McMoRan (FCX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Buy or Sell: Freeport-McMoRan
The copper miner's stock has been highly volatile over the last year.
Is Trending Stock FreeportMcMoRan Inc. (FCX) a Buy Now?
Freeport-McMoRan (FCX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.