$FCX (Freeport-McMoRan Inc.)

$FCX {{ '2015-10-22T14:28:55+0000' | timeago}} • Webcast

$FCX made a 20% reduction in its 2016 consolidated CapEx. In mining business, $FCX is announcing a 50% reduction in its mine rates in the Sierrita mine in Eastern Arizona. $FCX is also cutting its annual copper production by 5% and reduced mining CapEx by 25%.

$FCX {{ '2017-04-25T16:41:30+0000' | timeago}} • Infographic

$FCX Freeport-McMoRan Copper & Gold Inc. Earnings AlphaGraphics: Q1 2017 highlights

$FCX {{ '2017-04-25T16:09:41+0000' | timeago}} • Webcast

$FCX is forecasting production of about 200,000 tons a day at its mill in Indonesia by the end of 2Q17 and expects it to remain at this range for the remainder of 2017. The mill rates will vary depending on the nature of the raw materials.

$FCX {{ '2017-04-25T15:53:51+0000' | timeago}} • Webcast

$FCX said the Safford production goes out to 2021 and the company believes it will see a decline. $FCX is bringing in ore from the adjacent Lone Star mine and using the same infrastructure it has at Safford. The project is attractive in terms of low capital intensity. $FCX believes its cost reduction program here will be completed by this time.

$FCX {{ '2017-04-25T15:15:59+0000' | timeago}} • Webcast

$FCX has to coordinate shipments with customers who had to make other arrangements for supply when the company was shut down from exports. $FCX had close to 100,000 tons of copper concentrate at its port site and storage facilities. The company is taking steps to reduce this inventory going into 2Q17.

$FCX {{ '2017-04-25T13:05:06+0000' | timeago}} • Announcement

For $FCX, operating cash flows totaled $792MM, and capital expenditures amounted to $344MM for 1Q17. For FY17, operating cash flows fare expected to approximate $4.0Bil, and capital expenditures are touted to be around $1.6Bil. At March 31, 2017, consolidated debt was $15.4Bil and consolidated cash totaled $4.0Bil.

$FCX {{ '2017-04-25T13:01:11+0000' | timeago}} • Announcement

$FCX sees consolidated sales for FY17 to approximate 3.9Bil pounds of copper, 1.9MM ounces of gold and 93MM pounds of molybdenum. For 2Q17, consolidated sales are expected at 1.0Bil pounds of copper, 440,000 ounces of gold and 24MM pounds of molybdenum.

$FCX {{ '2017-04-25T12:57:44+0000' | timeago}} • Announcement

In 1Q17, $FCX posted an attributable net income of $228MM or $0.16 per share, as opposed to last year's loss of $4.18Bil or $3.35 a share. Revenues for the quarter were $3.34Bil, up from $3.24Bil. Consolidated sales totaled 809MM pounds of copper, 182,000 ounces of gold and 24MM pounds of molybdenum.

$FCX {{ '2017-02-22T13:31:49+0000' | timeago}} • Announcement

$FCX provided an update on the status of PT Freeport Indonesia's operations and its discussions with the Government of Indonesia on concentrate exports and other matters related to its Contract of Work.

$FCX {{ '2017-02-03T17:40:24+0000' | timeago}} • Announcement

$FCX said its subsidiary, PT Freeport Indonesia, continues to seek approval from Indonesian authorities for the export of its copper concentrates, consistent with its rights under its Contract of Work (COW). To date, this approval has not been granted.

$FCX {{ '2017-01-25T15:39:32+0000' | timeago}} • Webcast

$FCX said that the Cerro Verde expansion project, which commenced operations in Sept. 2015, has achieved operating capacity in 1Q17.

$FCX {{ '2017-01-25T15:30:16+0000' | timeago}} • Webcast

$FCX said 2016 was the year of very strong cost and capital management. The company said it reduced consolidated copper unit site production and delivery cost by 19% YoverY, and also saw a 56% YoverY reduction in capital expenditure.

$FCX {{ '2017-01-25T15:22:26+0000' | timeago}} • Webcast

$FCX generated operating cash flow of $1.1Bil in 4Q16, which exceeded capital expenditure of roughly $500MM. For 2016, operating cash flow totaled $3.7Bil.

$FCX {{ '2017-01-25T14:55:36+0000' | timeago}} • Infographic

$FCX Freeport-McMoRan Copper & Gold Inc. Earnings AlphaGraphics: Q4 and FY16 Highlights

$FCX {{ '2017-01-25T14:11:07+0000' | timeago}} • Announcement

For FY17, $FCX expects consolidated sales to be approx. 4.1Bil pounds of copper, 2.2MM ounces of gold and 92MM pounds of molybdenum, including 1.0Bil pounds of copper, 460 thousand ounces of gold and 23MM pounds of molybdenum for 1Q17.

$FCX {{ '2017-01-25T14:08:28+0000' | timeago}} • Announcement

$FCX 4Q16 consolidated sales totaled 1.2Bil pounds of copper, 405 thousand ounces of gold and 22MM pounds of molybdenum.

$FCX {{ '2017-01-25T14:05:27+0000' | timeago}} • Announcement

Copper and gold producer $FCX reported 4Q16 profit of $292MM, or $0.21 per share compared to a net loss of $4.08Bil, or $3.47 loss per share during 4Q15. Revenues rose 24.5% to $4.38Bil from $3.52Bil. Excluding items, $FCX earned $0.25 per share.

$FCX {{ '2016-12-15T22:01:15+0000' | timeago}} • Announcement

$FCX said it completed the sale of its Deepwater Gulf of Mexico properties to $APC for $2Bil in cash, before closing adjustments. Also the company expects to complete the previously announced sale of its onshore California oil and gas properties before year-end 2016.

$FCX {{ '2016-11-30T12:35:26+0000' | timeago}} • Announcement

$FCX commenced offers to eligible holders to exchange any and all of the outstanding senior notes issued by Freeport-McMoRan Oil & Gas LLC (FM O&G), FCX Oil & Gas LLC and FMSTP Inc., as co-issuers, and guaranteed by $FCX for new senior notes to be issued by $FCX and guaranteed by FM O&G and cash.

$FCX {{ '2016-11-17T15:12:44+0000' | timeago}} • Announcement

$FCX completed the indirect sale of its 70% interest in TF Holdings Limited to China Molybdenum Co., Ltd. for $2.65Bil in cash. $FCX plans to use net proceeds from the transaction of approximately $2.65Bil to repay debt.

$APC {{ '2016-11-01T13:25:44+0000' | timeago}} • Webcast

$APC said upon closing the acquisition of $FCX's Gulf of Mexico assets, the company expects to double production in the GoM to about 160,000 BOE per day, 85% of which is comprised of oil. $APC plans to use a portion of the $4Bil cash that it will have at 4Q16-end to fund its acquisition and redeem the balance $750MM senior notes due Sept. 2017.

Recent Transcripts

NUE (Nucor Corporation)
Thursday, July 20 2017 - 6:00pm
SAND (Sandstorm Gold Ltd.)
Tuesday, May 9 2017 - 3:30pm
TGB (Taseko Mines Ltd.)
Thursday, May 4 2017 - 3:00pm
BTU (Peabody Energy Corporation)
Thursday, May 4 2017 - 3:00pm
RIC (Richmont Mines Inc.)
Thursday, May 4 2017 - 12:30pm
KGC (Kinross Gold Corporation)
Wednesday, May 3 2017 - 11:45am
TIS (Orchids Paper Products Company)
Monday, May 1 2017 - 2:00pm
AEM (Agnico Eagle Mines Limited)
Friday, April 28 2017 - 12:30pm
NGD (New Gold, Inc.)
Thursday, April 27 2017 - 1:00pm
ABX (Barrick Gold Corporation)
Tuesday, April 25 2017 - 8:30pm
NEM (Newmont Mining Corporation)
Tuesday, April 25 2017 - 2:00pm
FCX (Freeport-McMoRan Inc.)
Tuesday, April 25 2017 - 2:00pm
NUE (Nucor Corporation)
Thursday, April 20 2017 - 6:00pm
TGB (Taseko Mines Ltd.)
Thursday, February 23 2017 - 4:00pm
SAND (Sandstorm Gold Ltd.)
Wednesday, February 22 2017 - 4:30pm
NEM (Newmont Mining Corporation)
Wednesday, February 22 2017 - 3:00pm
AEM (Agnico Eagle Mines Limited)
Thursday, February 16 2017 - 4:00pm
NGD (New Gold, Inc.)
Thursday, February 16 2017 - 3:00pm
ABX (Barrick Gold Corporation)
Thursday, February 16 2017 - 2:00pm
KGC (Kinross Gold Corporation)
Thursday, February 16 2017 - 1:00pm

AlphaGraphics you may like