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Freeport-McMoRan (FCX) Stock News

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Freeport-McMoRan Inc. reports news centered on large-scale copper mining, byproduct gold and molybdenum production, and operating results from its global asset portfolio. The company’s recurring updates cover the Grasberg minerals district in Indonesia, the Morenci minerals district in Arizona, and the Cerro Verde operation in Peru, along with quarterly financial and operating results.

Company announcements also include common-stock dividend declarations under FCX’s base and variable payout framework, updates on Grasberg operating conditions and restart planning, copper growth initiatives, Indonesian operating-rights matters, and leadership changes within its Americas operations.

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Freeport (NYSE: FCX) has posted its third-quarter and nine-month 2026 financial and operating results on its Investor Relations website. The company will discuss the results with securities analysts on October 27, 2026, at 10:00 a.m. Eastern Time. The call will be webcast with slides, and a replay will remain available through November 27, 2026.

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Freeport (FCX) reported third-quarter 2026 copper production of approximately 830 million pounds, in line with expectations for the quarter.

Gold production approximated expectations at approximately 230 thousand ounces. Freeport expects copper sales to approximate its July estimate of 750 million pounds and gold sales of approximately 100 thousand ounces, below its July estimate after approximately 60 thousand ounces were deferred to fourth-quarter 2026. Unit net cash costs, excluding idle facility and restoration costs, are expected approximately 5% above July’s $2.00-per-pound estimate; estimated average realized copper price exceeds $6.50 per pound.

Grasberg mill throughput averaged approximately 67% of normalized rates before the September 2025 incident. Freeport expects 80% capacity in mid-2027 and near-full capacity by year-end 2027. PTFI’s smelter restarted in late August 2026.

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Freeport (FCX) declared a quarterly cash dividend of $0.15 per share on its common stock, payable on November 2, 2026, to shareholders of record as of October 15, 2026.

The dividend consists of a $0.075 base component and a $0.075 variable component under the company’s performance-based payout framework. The Board will continue to determine future dividends at its discretion, considering financial results, cash needs, global economic conditions and other relevant factors.

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Freeport (NYSE: FCX) announced that its second-quarter and six-month 2026 financial and operating results press release is now available on the Investor Relations section of its website. The full multimedia release can also be accessed via a Business Wire link provided by the company.

Freeport will host a conference call with analysts at 10:00 a.m. Eastern Time today, which will be webcast with accompanying slides on its Investor Relations presentations page. A replay of the webcast will be available through Friday, August 21, 2026. The company highlights its position as a leading international metals producer focused on copper, with major copper, gold and molybdenum assets in Indonesia, the U.S. and South America.

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Freeport (NYSE: FCX) declared a quarterly cash dividend of $0.15 per share on its common stock. The dividend, consisting of a $0.075 base and $0.075 variable component under its performance-based payout framework, is payable August 3, 2026 to shareholders of record on July 15, 2026.

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Freeport (NYSE: FCX) posted its first-quarter 2026 financial and operating results on its investor relations website and BusinessWire. FCX will host a conference call today at 10:00 a.m. ET with a live webcast and slides; a replay will be available through May 22, 2026.

Materials and multimedia are available on FCX’s Investor Relations pages.

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Freeport (NYSE: FCX) declared a quarterly cash dividend of $0.15 per share, payable on May 1, 2026 to shareholders of record as of April 15, 2026. The payout comprises a $0.075 base dividend and a $0.075 variable dividend under FCX's performance-based payout framework.

The Board noted that dividend payments remain at its discretion and will consider financial results, cash needs, global conditions and other relevant factors. FCX operates large copper, gold and molybdenum assets including Grasberg, Morenci and Cerro Verde.

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Freeport (NYSE: FCX) reached a Memorandum of Understanding with the Indonesia government to amend PTFI’s IUPK for a life of resource extension of operating rights in the Grasberg minerals district.

Key terms: 12% PTFI share transfer to government interests in 2041, FCX ownership of 48.76% through 2041 and ~37% beginning 2042, increased community support, exploration spending and emphasis on domestic downstreaming.

The extension is subject to issuance of an amended IUPK and PTFI intends to submit an application reflecting the agreed terms.

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Freeport (NYSE: FCX) posted its fourth-quarter and year ended 2025 financial and operating results to its Investor Relations website and published a multimedia press release online.

The company will host a securities-analyst conference call today at 10:00 a.m. Eastern Time; the call will be webcast with slides on FCX’s Investor Relations site, and a replay of the webcast will be available through Friday, February 20, 2026.

FCX is a large international copper-focused metals company headquartered in Phoenix with major assets including Grasberg in Indonesia, Morenci in Arizona, and Cerro Verde in Peru. Contact information for financial and media inquiries is provided.

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Freeport (NYSE: FCX) announced a quarterly cash dividend of $0.15 per share, payable on February 2, 2026 to shareholders of record as of January 15, 2026. The dividend comprises a $0.075 base and a $0.075 variable component under FCX's performance-based payout framework.

The Board said dividend payments remain at its discretion and it will consider financial results, cash needs and global economic conditions. The release reiterates FCX's position as a leading international copper producer with major assets including Grasberg, Morenci and Cerro Verde.

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FAQ

What is the current stock price of Freeport-McMoRan (FCX)?

Freeport-McMoRan (FCX) last closed at $65.16.

What is the market cap of Freeport-McMoRan (FCX)?

The market cap of Freeport-McMoRan (FCX) is approximately $93.6B.