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Freeport-McMoRan Inc - FCX STOCK NEWS

Welcome to our dedicated news page for Freeport-McMoRan (Ticker: FCX), a resource for investors and traders seeking the latest updates and insights on Freeport-McMoRan.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Freeport-McMoRan's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Freeport-McMoRan's position in the market.

Rhea-AI Summary
Freeport-McMoRan Inc. (NYSE: FCX) declared cash dividends of $0.15 per share, consisting of a base dividend of $0.075 per share and a variable dividend of $0.075 per share. The dividends are payable on May 1, 2024, to shareholders of record as of April 15, 2024. FCX aims to be a leading international metals company, primarily focused on copper production, with significant assets globally.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.57%
Tags
dividends
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Rhea-AI Summary
Freeport-McMoRan Inc. (NYSE: FCX) appoints Kathleen L. Quirk as President and Chief Executive Officer, effective June 11, 2024. Richard C. Adkerson will remain Chairman of the Board of Directors. With 35 years of experience at the company, Quirk is set to lead Freeport's business and operations, supported by Adkerson's strategic guidance. FCX is a leading international mining company with significant copper, gold, and molybdenum reserves, operating in diverse locations worldwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.41%
Tags
management
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Rhea-AI Summary
Freeport-McMoRan Incorporated (NYSE:FCX) expects to sell 4.1 billion pounds of copper, 2 million ounces of gold, and 85 million pounds of molybdenum in 2024. Growing demand for copper and higher prices for gold are boosting the company's fortunes, driven by closures and disruptions at various copper mines worldwide, which have driven prices higher for the metal. Industrial Info is tracking nearly $13 billion worth of active and planned projects from Freeport-McMoRan worldwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.45%
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none
Rhea-AI Summary
Freeport-McMoRan Inc. (FCX) has released its fourth-quarter and year-end 2023 financial and operating results. The company will host a conference call to discuss the results and will make the webcast available on its website. FCX is a leading international mining company with headquarters in Phoenix, Arizona, and operates large, long-lived assets with significant reserves of copper, gold, and molybdenum.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.06%
Tags
-
Rhea-AI Summary
Freeport-McMoRan Inc. (NYSE: FCX) declared cash dividends of $0.15 per share on FCX’s common stock, payable on February 1, 2024, to shareholders of record as of January 12, 2024. The declaration includes a base dividend of $0.075 per share and a variable dividend of $0.075 per share in accordance with FCX's performance-based payout framework. FCX is a leading international mining company with significant proven and probable reserves of copper, gold, and molybdenum, operating large, long-lived, geographically diverse assets. FCX is one of the world’s largest publicly traded copper producers, with mining operations in Indonesia, North America, and South America, including the Grasberg minerals district in Indonesia, the Morenci minerals district in Arizona, and the Cerro Verde operation in Peru.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.99%
Tags
dividends
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Rhea-AI Summary
Freeport-McMoRan Inc. (NYSE: FCX) has received an unsolicited 'mini-tender' offer from TRC Capital Investment Corporation to purchase up to 3,000,000 shares of FCX’s common stock at a below-market price. The offer is approximately 4.4% below the recent closing price and 10% below the closing price on November 16, 2023. FCX recommends shareholders not tender their shares and take no action. Shareholders who have tendered shares may withdraw them before December 13, 2023. FCX does not endorse the offer and requests its press release to be included with all related materials distributed by TRC.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.29%
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none
Rhea-AI Summary
Richard C. Adkerson, Chairman and CEO of Freeport-McMoRan, has been inducted into the National Mining Hall of Fame for his contributions to the mining industry. Adkerson is recognized for his leadership and initiatives to improve environmental and social performance in mining. He was instrumental in the $26 billion acquisition of Phelps Dodge Corp. in 2007, which created the modern Freeport.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.1%
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none
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Rhea-AI Summary
Freeport-McMoRan Inc. announces third-quarter 2023 financial and operating results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.07%
Tags
-
Rhea-AI Summary
Freeport-McMoRan Inc. declares cash dividends of $0.15 per share on FCX's common stock payable on November 1, 2023. FCX is a leading international mining company with significant reserves of copper, gold, and molybdenum. FCX's portfolio includes the Grasberg minerals district in Indonesia and mining operations in North and South America.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.33%
Tags
dividends
Rhea-AI Summary
Freeport-McMoRan announces annual Climate Report, emphasizing progress in reducing GHG emissions and delivering responsibly produced copper. FCX has four 2030 GHG emissions reduction targets covering nearly 100% of Scope 1 and 2 emissions. The company is committed to validating its targets through the Science Based Target initiative. Updated Climate Report aligns with Task Force on Climate-related Financial Disclosures. FCX is a leading copper producer with significant mining operations worldwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.76%
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none
Freeport-McMoRan Inc

NYSE:FCX

FCX Rankings

FCX Stock Data

70.96B
1.43B
0.6%
82.21%
1.26%
Copper, Nickel, Lead, and Zinc Mining
Mining, Quarrying, and Oil and Gas Extraction
Link
US
Phoenix

About FCX

freeport-mcmoran oil & gas (fm o&g) is a wholly-owned subsidiary of freeport-mcmoran copper & gold (fcx), a premier u.s. based natural resource company with an industry leading global portfolio of mineral assets, significant oil and gas resources and a growing production profile. fm o&g consists of oil & natural gas assets in north america, including reserves in the deepwater gulf of mexico (gom), onshore and offshore california and haynesville shale plays, and an industry leading position in the emerging shallow water ultra-deep gas trend in the shelf of the gom and onshore in south louisiana. assets in fm o&g’s principal focus areas include mature properties with long-lived reserves and significant development opportunities as well as newer properties with development and exploration potential. additional information about fm o&g can be found on fcx’s website at www.fcx.com.