Freeport-McMoRan Inc. (FCX)
Market Cap | 61.69B |
Revenue (ttm) | 23.19B |
Net Income (ttm) | 3.88B |
Shares Out | 1.43B |
EPS (ttm) | 2.63 |
PE Ratio | 16.41 |
Forward PE | 24.81 |
Dividend | $0.90 (2.09%) |
Ex-Dividend Date | Oct 13, 2022 |
Volume | 11,921,718 |
Open | 43.38 |
Previous Close | 43.71 |
Day's Range | 42.96 - 44.78 |
52-Week Range | 24.80 - 51.99 |
Beta | 1.99 |
Analysts | Buy |
Price Target | 41.15 (-4.66%) |
Earnings Date | Jan 25, 2023 |
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 26 analysts, the average rating for FCX stock is "Buy." The 12-month stock price forecast is $41.15, which is a decrease of -4.66% from the latest price.
News

Are Basic Materials Stocks Lagging FreeportMcMoRan (FCX) This Year?
Here is how Freeport-McMoRan (FCX) and Gerdau (GGB) have performed compared to their sector so far this year.

3 Aggressive Growth Stocks to Buy to Get Ahead of Falling Housing Starts
Aggressive growth stocks can be a great way to profit from the stock market. Investing in these stocks comes with a higher risk but can prove very rewarding in the long run.

Freeport-McMoRan (FCX) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
Although the revenue and EPS for Freeport-McMoRan (FCX) give a sense of how its business performed in the quarter ended December 2022, it might be worth considering how some key metrics compare with W...

Freeport-McMoRan increases copper and gold production in 2022, reports net income of $3,468 million
(Kitco News) - Freeport-McMoRan (NYSE: FCX), one of the world's largest copper producers, announced today that the company produced 4,210 million pounds of recoverable copper in 2022, up 9.5% over 202...

Freeport (FCX) Earnings and Revenues Surpass Estimates in Q4
Freeport's (FCX) earnings and sales beat estimates in Q4 despite lower copper and gold prices.

Freeport-McMoRan (FCX) Q4 Earnings and Revenues Top Estimates
Freeport-McMoRan (FCX) delivered earnings and revenue surprises of 30% and 7.81%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

U.S. worker shortage denting Freeport-McMoRan's copper output
Freeport-McMoRan Inc warned on Wednesday that its struggle to find workers in the United States is limiting the amount of copper it can produce for the green energy transition.

Freeport-McMoRan Fourth-Quarter and Year Ended 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 fourth-quarter and year ended 2022 financial and operating results press release on the Investor Re...

3 Late January Earnings Plays With Pop Potential
If you're like us, you get excited this time of year. That's because corporate earnings reports often produce some major stock price swings.

Are You Looking for a Top Momentum Pick? Why Freeport-McMoRan (FCX) is a Great Choice
Does Freeport-McMoRan (FCX) have what it takes to be a top stock pick for momentum investors? Let's find out.

3 Basic Materials Stocks to Buy Before Earnings This Week
The rising earnings estimate revisions make the possibility of beating Q4 expectations quite plausible for Freeport McMoRan, Nucor, and Steel Dynamic stock and could continue supporting their strong p...

Freeport (FCX) to Report Q4 Earnings: What's in the Offing?
Freeport (FCX) is likely to have gained from higher operating rates across PT Freeport Indonesia and South America operations amid headwinds from lower year over year copper prices.

Buy 5 Large-Cap U.S. Bigwigs Ahead of Q4 Earnings Next Week
Five large-cap companies are set to beat earnings estimates next week. These are: URI, FCX, STLD, HAL and AMP.

Freeport-McMoRan (FCX) Expected to Beat Earnings Estimates: Should You Buy?
Freeport-McMoRan (FCX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Is FreeportMcMoRan (FCX) Stock Outpacing Its Basic Materials Peers This Year?
Here is how Freeport-McMoRan (FCX) and Gerdau (GGB) have performed compared to their sector so far this year.

Earnings Estimates Moving Higher for Freeport-McMoRan (FCX): Time to Buy?
Freeport-McMoRan (FCX) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Final Trades: GXO, Becton Dickinson, Freeport-McMoRan & more
The "Halftime Report" traders give their top picks to watch for the second half.
Three-Stock Lunch: COST, DAL & FCX
BK Asset Management's Boris Schlossberg joins 'Power Lunch' to look at three stocks: Costco, Delta Airlines and Freeport-MacMoRan.

Investors Heavily Search FreeportMcMoRan Inc. (FCX): Here is What You Need to Know
Freeport-McMoRan (FCX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

5 Electric Vehicle Stocks with the Strongest Growth Potential
Electric vehicle stocks had a rough ride in 2022, all thanks to shortages of essential supplies, sky-high inflation, rising interest rates and issues over the pandemic. However, don't count them out j...

Freeport-McMoRan Declares Quarterly Cash Dividends on Common Stock
PHOENIX--(BUSINESS WIRE)--Freeport-McMoRan Inc. (NYSE: FCX) announced today that its Board of Directors declared cash dividends of $0.15 per share on FCX's common stock payable on February 1, 2023, ...

5 Copper Stocks For 2023 And Beyond
Copper stocks are poised to go up next year, but they could fall just as quickly. Here's what investors need to know about how to invest in copper mining in 2023 and beyond.

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.

3 Potential Copper Beneficiaries
Copper prices are expected to surge in 2023, with various analysts on Wall Street anticipating a significant supply versus demand arbitrage.