Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, general and administrative expenses

Mining exploration and research expenses

Environmental obligations and shutdown costs

Net gain on sales of assets

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Freeport-McMoRan

Freeport-McMoRan, Inc. engages in the mining of copper, gold, and molybdenum. It operates through the following segments: North America Copper Mines, South America Mining, Indonesia Mining, Molybdenum Mines, Rod and Refining, Atlantic Copper Smelting and Refining and Corporate, Other and Eliminations. The North America Copper Mines segment operates open-pit copper mines in Morenci, Baghdad, Safford, Sierrita, and Miami in Arizona and Chino and Tyrone in New Mexico. The South America Mining segment includes Cerro Verde in Peru and El Abra in Chile. The Indonesia Mining segment handles the operations of Grasberg minerals district that produce copper concentrate containing significant quantities of gold and silver. The Molybdenum Mines segment includes the Henderson underground mine and Climax open pit mine, both in Colorado. The Rod and Refining segment consists of copper conversion facilities located in North America and includes a refinery, rod mills, and a specialty copper products facility. The Atlantic Copper Smelting and Refining segment smelts and refines copper concentrate and markets refined copper and precious metals in slimes. The Corporate, Other and Eliminations segment consists of other mining and eliminations, oil and gas operations and other corporate and elimination items. The company was founded by James R. Moffett on November 10, 1987, and is headquartered in Phoenix, AZ.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Freeport-McMoRan reports robust Q4 results, eyes strategic growth opportunities

Freeport-McMoRan's Q4 2022 earnings call showcased strong performance, growth, and strategic initiatives.
The company's focus on long-term sustainability, positive outlook on copper, and prudent financial management were highlighted.
Challenges in labor, market conditions, and geopolitical landscapes were acknowledged and addressed.
Overall, Freeport-McMoRan remains optimistic about its future growth and operational efficiency.

Freeport-McMoRan faces challenges but highlights growth opportunities in Q1

Freeport-McMoRan navigated challenges in Q1 while maintaining a positive outlook for copper and emphasizing operational efficiency.
The company's focus on shareholder value, leach initiatives, and strategic positioning for growth were key highlights of the call.
Despite uncertainties and challenges, Freeport's strong balance sheet and cash flow outlook provide a solid foundation for future growth and value creation.

Freeport-McMoRan (FCX) excels in Q2 amidst market growth and operational achievements

Freeport-McMoRan (FCX) reported strong Q2 performance driven by operational excellence and favorable market conditions. Despite challenges like potential disruptions and regulatory uncertainties, the company remains focused on capitalizing on growth opportunities and extending production beyond 2041.

Freeport-McMoRan excels in Q3 with strong copper production and growth initiatives

Freeport-McMoRan's Q3 performance was strong, driven by solid copper production and cost management. Despite challenges like rising costs and geopolitical uncertainties, the company is focused on growth initiatives and financial stability. Opportunities in expanding projects and transitioning to sustainable practices position Freeport for future success.

Freeport-McMoRan excels in Q4 amidst copper demand surge

Freeport-McMoRan's Q4 earnings call highlighted strong performance, market dynamics, and strategic initiatives amidst industry challenges. The company's focus on sustainable production, cost management, and growth opportunities positions it well for future success.

Freeport-McMoRan (FCX) reports strong Q1 results amidst copper market opportunities

Freeport-McMoRan's Q1 2024 performance reflects strength in market conditions, operational successes, and prudent financial management.
Despite challenges like cost overruns and political uncertainties, the company is well-positioned to capitalize on growth opportunities.
Strategic strengths in copper markets, innovation, and operational efficiency support Freeport-McMoRan's positive outlook.
The company's focus on organic growth, technology advantages, and strong relations in key regions underpin its future prospects.

Freeport-McMoRan reports strong Q2 results amidst copper market volatility

Freeport-McMoRan's Q2 2024 performance reflects resilience amidst market challenges. Strategic projects and focus on cost-effective production position the company for long-term success in the evolving copper market landscape.

Freeport-McMoRan reports strong Q3 results, eyes growth opportunities

Overall, Freeport-McMoRan's Q3 performance was robust, driven by strong sales volumes and cost efficiencies. The company's strategic initiatives in organic growth and leach technologies are enhancing value. While facing challenges in capital expenditures and cost reduction, Freeport-McMoRan is well-positioned to capitalize on growth opportunities.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Freeport-McMoRan, Inc. engages in the mining of copper, gold, and molybdenum. It operates through the following segments: North America Copper Mines, South America Mining, Indonesia Mining, Molybdenum Mines, Rod and Refining, Atlantic Copper Smelting and Refining, and Corporate and Other. The North America Copper Mines segment operates open-pit copper mines in Morenci, Bagdad, Safford, Sierrita, Miami in Arizona and Chino, and Tyrone in New Mexico. The South America Mining segment includes Cerro Verde in Peru and El Abra in Chile. The Indonesia Mining segment handles the operations of the Grasberg minerals district that produce copper concentrate containing significant quantities of gold and silver. The Molybdenum Mines segment includes the Henderson underground mine and Climax open pit mine, both in Colorado. The Rod and Refining segment consists of copper conversion facilities located in North America and includes a refinery, and rod mills. The Atlantic Copper Smelting and Refining segment smelts and refines copper concentrate and markets refined copper and precious metals in slimes. The Corporate and Other segment offers other mining and eliminations, oil and gas operations, and other corporate and elimination items. The company was founded by James R. Moffett on November 10, 1987 and is headquartered in Phoenix, AZ.

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In 2023, the stock market has dazzled and daunted investors with highs and lows, prompting conversations that reverberate through the financial corridors over the best stocks to buy for stability. It's a pivotal discourse as Wall Street recently took a significant tumble, shedding light on the downside of a seemingly robust job market.

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The global focus on green energy does not mean that only renewable energy companies will benefit. There are several associated industries that are critical for a smooth and sustained global energy transition.

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Freeport-McMoRan's second quarter 2023 results exceeded expectations with a profit of $343 million and adjusted earnings per share of $0.35. Revenues increased by 5.9% year over year to $5,737 million in Q2'23, driven by higher production despite lower copper prices. The company's stock performance has slightly outperformed the COPX ETF, and long-term investment in Freeport-McMoRan is recommended due to its focus on gold and copper mining.

Freeport-McMoRan: Despite Weakness Ahead, The Stock Is Now Attractive

Freeport-McMoRan Inc. has traded in the $30s for several years now, though copper prices could rally due to demand from renewable energy and EVs. Citi analyst forecasts copper prices to reach $15K/ton in 2025, indicating significant upside potential. The stock trades at only 5.5x adjusted EBITDA targets with upside potential from a surge in copper prices.

Freeport-McMoRan: Ride Copper Wave

The global economy faces challenges, including declining manufacturing sentiment and rising inflation, raising concerns about potential stagflation. Freeport-McMoRan remains well-positioned to benefit from long-term secular copper demand growth driven by the energy transition, despite cyclical headwinds in Europe, the U.S., and China. FCX's robust production capabilities, healthy balance sheet, and potential for substantial free cash flow make it an undervalued investment with the potential for significant growth in the long term.

Freeport-McMoRan Stock: Buckle Up For The Copper Surge

The past few months' worth of weakness doesn't represent the metal industry's long-term potential. Adoption of environmentally-friendly energy is driving demand for copper, but even iron will be needed to support new clean-energy infrastructure.

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Copper stocks to watch in the stock market today.

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Copper supply forecasts may be too optimistic, analysts at Jefferies believe. In a note highlighting copper production growth, Jefferies believed that data indicates potential market deficits persisting until at least 2025.

Copper supply forecasts overly optimistic, analysts warn

PHOENIX--(BUSINESS WIRE)--Freeport-McMoRan Inc. (NYSE: FCX) today announced the publication of its annual Climate Report outlining FCX's ongoing progress to advance its climate strategy focused on reducing its greenhouse gas (GHG) emissions, enhancing its resilience to climate risks and contributing responsibly produced copper to the global economy. Richard C. Adkerson, Chairman of the Board and Chief Executive Officer said: “Copper's essential role in current and emerging clean energy technolo.

Freeport-McMoRan Publishes Updated Climate Report

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The world's rapid transition to renewable energy and the electrification of transportation will require it to utilize certain metals on a much wider scale going forward. For the purposes of American stock investors, it's most noteworthy that the amount of copper, silver, and lithium extracted and used will have to surge tremendously.

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Freeport-McMoRan Inc. (NYSE:FCX ) Jefferies 2023 Industrials Conference Call September 7, 2023 2:30 PM ET Company Participants Richard Adkerson - Chairman & Chief Executive Officer Conference Call Participants Christopher LaFemina - Jefferies Christopher LaFemina All right, everybody. Thank you for attending this afternoon session.

Freeport-McMoRan Inc. (FCX) Jefferies 2023 Industrials Conference (Transcript)

Demand for copper is traditionally seen as being a function of global growth. China remains a pivotal player in global demand, but it's far from the only one.

Is Freeport-McMoRan Stock a Buy?

Freeport-McMoRan Inc. investors have experienced recent market volatility due to risk-off sentiments in China. I assess the steep selloff isn't justified. Despite challenges in China's property market, Freeport-McMoRan is well-positioned to benefit from the global economic recovery and energy transition. Freeport-McMoRan is expected to regain significant operating leverage through 2025, not priced into its valuation at the current levels.

Freeport-McMoRan: Irrational Beatdown Is Not Justified

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Potential recession in 2023 may cause a decrease in copper prices to around $8000 per ton, putting pressure on copper stocks. Shortage of copper reserves and increasing demand in the green economy sector could lead to higher copper prices in the long term. Gold prices are expected to stay around $1940 per ounce until the end of 2024, with limited short-term growth due to high interest rates.

Freeport-McMoRan: Still A 'Hold'

Shares of copper miner Freeport-McMoRan Inc. are struggling this month, as the red metal's prices suffer amid weakening trade data from China. Though last seen up 0.4% at $42.85, FCX has shed more than 4% already in August. If past is precedent, this pullback could offer an intriguing buying opportunity, thanks to a historically bullish trendline.

Signal Says Red Metal Stock Due for Rebound

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Both stocks' prospects depend on a positive outlook for commodity prices. Caterpillar's free cash flow in 2023 will likely come at the high end of management's target range.

Better Buy: Freeport-McMoRan vs. Caterpillar

(Kitco News) - FCX said that to date, there has been limited impact on production.

Copper behemoth Freeport-McMoRan reports cybersecurity incident

Freeport-McMoRan Inc. FCX, -1.88% said Friday it was looking into a “cybersecurity incident” that affected its information systems. The gold and copper miner's stock fell 1.6% in morning trading.

Freeport-McMoRan hit by ‘cybersecurity incident'

PHOENIX--(BUSINESS WIRE)--Freeport-McMoRan Inc. (the “Company”) (NYSE: FCX) is investigating a cybersecurity incident affecting its information systems. The Company is assessing the impact and proactive measures are being taken to address the situation. The Company is working closely with third-party experts and law enforcement. To date, there has been limited impact on production. Transitional solutions are being planned and implemented to secure information systems as quickly as possible. FCX.

Freeport-McMoRan Investigating Cybersecurity Incident

Shares of copper miner Freeport-McMoRan (FCX) are struggling this month, as the red metal's prices suffer amid weakening trade data from China.

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Although low metal prices cloud the near-term prospects for the Zacks Mining - Non Ferrous industry, strong demand, aided by the energy-transition trend, will support it. Stocks like FCX, ERO, UUUU and CDE are worth keeping a tab on, backed by their growth prospects.

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Secular demand for copper may overcome weakness in cyclical demand. Freeport-McMoRan has expansion plans in relatively safe countries.

News for Freeport-McMoRan Stock (FCX)