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$FCX {{ '2015-06-24T12:18:44+0000' | timeago}} • Announcement

$FCX General Update: Announced that its subsidiary, Freeport-McMoRan Oil & Gas Inc. filed a registration statement on Form S-1 with the U.S. SEC related to its potential IPO of Class A common stock representing a minority interest in FM O&G. FM O&G intends to apply to list the common stock on the New York Stock Exchange under the ticker FMOG.

$FCX {{ '2018-01-26T17:56:41+0000' | timeago}} • Webcast

$FCX said it is unlikely to make significant capital investments in various ongoing projects this year and the next, including those in Indonesia. Instead, capital will be used for returning cash to shareholders. Freeport is taking up the planned revamp of equipment in a disciplined manner, considering a potential cost inflation from oil prices.

$FCX {{ '2018-01-26T17:33:14+0000' | timeago}} • Webcast

$FCX said its strong fourth quarter results reflected a broad-based upturn in operating performance globally, combined with effective cost management and strong cash flow generation. The company sees an improvement in business prospects in Indonesia, where certain operational issues are being sorted out through negotiations with the government.

$FCX {{ '2018-01-25T21:24:13+0000' | timeago}} • Infographic

$FCX Freeport-McMoRan, Inc. Earnings AlphaGraphic: Q4 2017 Highlights

$FCX {{ '2018-01-25T16:02:27+0000' | timeago}} • Announcement

$FCX said it is looking for consolidated sale of about 3.9Bil pounds of copper in fiscal 2018. Full year gold sales are forecasted to be 2.4MM ounces, and those of molybdenum are expected to be 91MM pounds. For 1Q18, sales of copper, gold and molybdenum are estimated to be 1Bil pounds, 67,500 ounces and 24MM pounds, respectively.

$FCX {{ '2018-01-25T15:56:05+0000' | timeago}} • Announcement

Earnings of metal mining firm $FCX surged in 4Q17, helped by strong revenue growth and a tax benefit. Profit climbed to $0.71 per share from $0.21 per share in 4Q16, beating expectations. Non-GAAP income was $0.51 per share. Driving the bottomline growth, revenues rose 15% to $5Bil, on the back of stronger commodity prices and productivity gains.

$FCX {{ '2017-10-25T19:35:49+0000' | timeago}} • Webcast

$FCX said it has been considering resumption of dividend payment to shareholders in the near future. According to the company leadership, exorbitant tax rates have added to the burden of operational crisis in Indonesia, due to unfavorable government regulation. Going forward, the company will continue to use cash flow to reduce its debt.

$FCX {{ '2017-10-25T18:33:34+0000' | timeago}} • Webcast

It the whole of 2017, $FCX expects total Capex to be $1.5Bil, of which about 50% will be used for development activities in Indonesia. Freeport sees its debt easing to very low levels by 2018-end, if copper prices remain favorable. Investments in the troubled Indonesian mining field will continue in the near future, but at a modest level.

$FCX {{ '2017-10-25T18:00:03+0000' | timeago}} • Webcast

After reporting positive 3Q17 earnings, $FCX said it is in talks with the Indonesian government to resolve issues pertaining to a mining contract. The company attributed the better-than-expected result to strong demand for copper and high prices.  In 2017, American operations are expected to account for about 2.7MM pounds of the total copper sales.

$FCX {{ '2017-10-25T15:02:12+0000' | timeago}} • Infographic

$FCX Freeport-McMoRan, Inc. Earnings AlphaGraphic: Q3 2017 Highlights

$FCX {{ '2017-10-25T13:01:16+0000' | timeago}} • Announcement

Driving $FCX’s robust top-line growth in 3Q17, overall production of gold jumped 36% annually to about 418,000 ounces.  Molybdenum production advanced 26% to 24MM pounds. These positive results were partially offset by a 9% fall in total copper production to 996MM pounds, due to a slump in the Indonesian and North American operations.

$FCX {{ '2017-10-25T12:42:48+0000' | timeago}} • Announcement

Phoenix-based mining company $FCX, which recovered from a long spell of losses last year, posted stronger profit in 3Q17. Earnings advanced 19% annually to $0.19 per share, on the back of an 11% growth in revenues to $4.3BIl. After adjusting for special items, earnings per share more than doubled to $0.34, exceeding market expectations.

$FCX {{ '2017-07-25T13:09:55+0000' | timeago}} • Announcement

$FCX's consolidated sales for FY17 are expected to approx. 3.7Bil pounds of copper, 1.6MM ounces of gold and 93MM pounds of molybdenum, including 940MM pounds of copper, 375 thousand ounces of gold and 22MM pounds of molybdenum for 3Q17.

$FCX {{ '2017-07-25T13:08:36+0000' | timeago}} • Announcement

$FCX's gold sales of 432 thousand ounces during 2Q17 were slightly lower than the prior estimate of 440 thousand ounces. Likewise, copper sales of 942MM pounds were also lower than the prior estimate of 975MM pounds. However, the company's molybdenum sales of 25MM pounds came in slightly higher than the estimate of 24MM pounds.

$FCX {{ '2017-07-25T13:03:03+0000' | timeago}} • Announcement

$FCX bought two oil and gas businesses for roughly $20Bil at 2012-end, when oil was over $100 a barrel and natural gas was at $4.50 per MBTU. However, those prices started crashing within a year of close of the deals, which unraveled $FCX's plans to de-lever the balance sheet. The company now ended 2Q17 with $4.7Bil of cash and $15.4Bil of debt.

$FCX {{ '2017-07-25T12:57:11+0000' | timeago}} • Announcement

Metals and mining company $FCX swung to a profit in 2Q17 after a loss the year earlier. Net income came in at $268MM, or $0.18 per share, from a loss of $479MM, or $0.38 per share, a year ago. Adjusted earnings were $0.17 per share. Revenue grew 11% YoY to $3.71Bil.

$FCX {{ '2017-07-25T12:30:24+0000' | timeago}} • Infographic

$FCX Freeport-McMoRan Earnings AlphaGraphic: Q2 2017 Highlights

$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.

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