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.

With the copper's future now priced at $4.11 per lbs, higher than FCX's FY2023/ FY2022 average realized prices, the miner may be able to report improved top/ bottom lines ahead. Copper futures may further rally as well, as the total net long position in the Commodity Futures Trading Commission reverses positively, implying higher spot prices ahead. The current spot prices may potentially trigger FY2024 adj EBITDA of over $10B (+13.6% YoY), if not more, as the management guides flattish unit net cash costs.

Freeport-McMoRan's Electrification Story Boosted By Mine Closure & Future's Rally

Southern Copper

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Freeport-McMoRan (FCX) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Freeport-McMoRan (FCX) Surges 7.6%: Is This an Indication of Further Gains?

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Analysts at Jefferies have adjusted their outlook on the copper market, foreseeing an accelerated onset of a bullish trend. Initially apprehensive about the impact of a weakening US economy, their concerns have been assuaged by what they perceive as the resilience of the US economic landscape.

Copper bull market "fast tracked" with higher prices to come soon, Jefferies says

In the most recent trading session, Freeport-McMoRan (FCX) closed at $40.36, indicating a -0.15% shift from the previous trading day.

Freeport-McMoRan (FCX) Stock Drops Despite Market Gains: Important Facts to Note

The latest trading day saw Freeport-McMoRan (FCX) settling at $40.42, representing a +1.43% change from its previous close.

Why the Market Dipped But Freeport-McMoRan (FCX) Gained Today

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Vancouver, British Columbia--(Newsfile Corp. - March 4, 2024) - ArcWest Exploration Inc. (TSXV: AWX) ("ArcWest") is pleased to report results from the Company's comprehensive 2023 exploration program at its Todd Creek copper-gold (Cu-Au) project, located in BC's Golden Triangle (the "Todd Creek project"). ArcWest's 100% owned, 32,000 hectare Todd Creek project adjoins Newmont Corporation's recently acquired Brucejack Gold Mine property, one of the highest-grade operating gold mines in the world, and is located approximately 40 km southeast of Seabridge Gold's KSM-Iron Cap Cu-Au deposits, which are one of the largest Au-Cu concentrations in North America.

ArcWest Provides Exploration Update on 2023 Todd Creek Program, Funded by Freeport-McMoRan Mineral Properties Canada Inc.

Freeport-McMoRan Inc. (FCX) BMO Capital Markets 33rd Global Metals, Mining & Critical Minerals Conference (Transcript)

Freeport-McMoRan benefits from high copper prices and the Chinese government measures to boost copper consumption. Despite a weak Chinese economy, copper prices remain close to $4/lb, reflecting strong demand and tightening physical markets. Freeport-McMoRan is frugal with spending and has contingency plans in place, but forecasts impressive EBITDA and cash flow with higher copper prices.

Freeport-McMoRan: Electric Future Ahead

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This industrial distributor is a great way to invest ahead of a potential cyclical improvement in the economy. Copper is a key industrial metal, and this miner is particularly well placed.

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Freeport-McMoRan Inc. reported strong operational numbers for Q4 and full year 2023, generating substantial earnings and cash flow. The company remains optimistic about the copper market's fundamentals, anticipating higher copper prices in the future due to supply disruptions and growing demand. Freeport-McMoRan has a solid financial foundation, with low debt maturities, ample cash reserves, and a focus on disciplined capital management, making it an appealing investment opportunity.

Freeport-McMoRan: Where Copper Meets Opportunity

Freeport-McMoRan Inc (NYSE:FCX, ETR:FPMB)'s announcement that Kathleen Quirk will step up to the role of chief executive later this year was welcomed by Jefferies analysts on Wednesday. “Kathleen is highly regarded internally at Freeport and in the industry,” analysts from the bank said in response to the news, “her promotion to chief executive is a positive”.

Freeport-McMoRan new chief appointment sees analysts reiterate backing

The appointment will be effective at the annual meeting of shareholders on June 11, the company said.

Freeport-McMoRan Names Kathleen Quirk Next CEO

PHOENIX--(BUSINESS WIRE)--Freeport-McMoRan Inc. (NYSE: FCX) announced today the appointment of Kathleen L. Quirk as President and Chief Executive Officer to be effective at the annual meeting of shareholders on June 11, 2024. Ms. Quirk will assume full responsibility for executive management of the business reporting to the FCX Board of Directors. Richard C. Adkerson will remain Chairman of the Board of Directors, supporting the leadership transition and Freeport's business on strategic matters.

Freeport-McMoRan Announces Leadership Transition

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With the world fighting to go green, clean energy stocks are a safe long-term bet. For one, at the 2023 Conference of the Parties (COP28) meeting, 200 countries agreed to transition from fossil fuels, drafting text that would result in “tripling renewable energy capacity globally and doubling the global average annual rate of energy efficiency improvements by 2030,” according to CNBC.

7 Stocks Benefiting from the Massive Shift to Clean Energy

A lack of new industry supply and low inventory levels suggest upside pressure on the price of copper. Freeport-McMoRan has an impressive production-expansion pipeline and a leaching technology initiative that is set to ramp up production.

Here's the Best Mining Stock to Buy for 2024

SUGAR LAND, Texas--(BUSINESS WIRE)--Researched by Industrial Info Resources--Growing demand for copper and higher prices for gold are boosting fortunes at Freeport-McMoRan Incorporated (NYSE:FCX) (Phoenix, Arizona), which expects to sell 4.1 billion pounds of copper, 2 million ounces of gold and 85 million pounds of molybdenum in 2024. Those expectations for copper are flat when compared with 2023's results, but exceed last year's sales of gold and molybdenum. Closures and disruptions at variou.

Freeport-McMoRan on Copper Prices: You Ain't Seen Nothing Yet, an Industrial Info News Alert

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Freeport-McMoRan Inc. (FCX) Q4 2023 Earnings Call Transcript

Freeport's (FCX) fourth-quarter earnings and sales top estimates on higher volumes and prices.

Freeport's (FCX) Earnings and Revenues Surpass Estimates in Q4

The headline numbers for Freeport-McMoRan (FCX) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Freeport-McMoRan (FCX) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

FCX stock and rival Southern Copper toyed with rebounds as sudden signs of life from China's stock market helped boost the copper price.

News for Freeport-McMoRan Stock (FCX)