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.
Company profile
Ticker
FCX
Exchange
Website
CEO
Richard C. Adkerson
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
FREEPORT MCMORAN COPPER & GOLD INC
SEC CIK
Corporate docs
Subsidiaries
Climax Molybdenum Company • Cyprus Amax Minerals Company • Cyprus Climax Metals Company • Cyprus Metals Company • Freeport Minerals Corporation • Freeport-McMoRan Morenci Inc. ...
IRS number
742480931
FCX stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
15 Feb 24
8-K
Departure of Directors or Certain Officers
9 Feb 24
8-K
Reports Fourth-Quarter and Year Ended 2023 Results
24 Jan 24
8-K
Other Events
17 Nov 23
10-Q
2023 Q3
Quarterly report
3 Nov 23
8-K
Reports Third-Quarter and Nine-Month 2023 Results
19 Oct 23
8-K
Other Events
11 Aug 23
10-Q
2023 Q2
Quarterly report
3 Aug 23
8-K
Reports Second-Quarter and Six-Month 2023 Results
20 Jul 23
8-K
Submission of Matters to a Vote of Security Holders
7 Jun 23
Transcripts
FCX
Earnings call transcript
2023 Q4
24 Jan 24
FCX
Earnings call transcript
2023 Q3
19 Oct 23
FCX
Earnings call transcript
2023 Q2
20 Jul 23
FCX
Earnings call transcript
2023 Q1
21 Apr 23
FCX
Earnings call transcript
2022 Q4
25 Jan 23
FCX
Earnings call transcript
2022 Q3
20 Oct 22
FCX
Earnings call transcript
2022 Q2
21 Jul 22
FCX
Earnings call transcript
2022 Q1
21 Apr 22
FCX
Earnings call transcript
2021 Q4
26 Jan 22
FCX
Earnings call transcript
2021 Q3
21 Oct 21
Latest ownership filings
4
Ellie L. Mikes
16 Feb 24
4
Maree E. Robertson
16 Feb 24
4
Stephen T. Higgins
16 Feb 24
4
Douglas N. Currault II
16 Feb 24
4
KATHLEEN L QUIRK
16 Feb 24
4
RICHARD C ADKERSON
16 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
BlackRock Inc.
12 Feb 24
SC 13G/A
Capital Research Global Investors
9 Feb 24
SC 13G/A
FMR LLC
9 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 6.54 bn | 6.54 bn | 6.54 bn | 6.54 bn | 6.54 bn | 6.54 bn |
Cash burn (monthly) | 132.33 mm | 190.42 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 786.96 mm | 1.13 bn | n/a | n/a | n/a | n/a |
Cash remaining | 5.75 bn | 5.41 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | 43.5 | 28.4 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
59.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1127 |
Opened positions | 172 |
Closed positions | 303 |
Increased positions | 432 |
Reduced positions | 388 |
13F shares | Current |
---|---|
Total value | 33.45 tn |
Total shares | 853.02 mm |
Total puts | 11.12 mm |
Total calls | 11.72 mm |
Total put/call ratio | 0.9 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 119.49 mm | $5.09 tn |
FMR | 80.08 mm | $3.41 tn |
STT State Street | 62.90 mm | $2.68 tn |
Capital Research Global Investors | 59.75 mm | $2.54 tn |
Fisher Asset Management | 55.66 mm | $2.37 tn |
T. Rowe Price | 34.49 mm | $1.47 bn |
JPM JPMorgan Chase & Co. | 21.78 mm | $927.33 bn |
BK Bank Of New York Mellon | 19.61 mm | $834.60 bn |
Amundi | 19.53 mm | $814.52 bn |
MS Morgan Stanley | 17.73 mm | $754.72 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Feb 24 | Ellie L. Mikes | Common Stock | Payment of exercise | Dispose F | No | No | 37.2 | 3,761 | 139.91 k | 46,572 |
15 Feb 24 | Maree E. Robertson | Common Stock | Payment of exercise | Dispose F | No | No | 37.2 | 6,526 | 242.77 k | 81,198 |
15 Feb 24 | Stephen T. Higgins | Common Stock | Payment of exercise | Dispose F | No | No | 37.2 | 5,595 | 208.13 k | 104,377 |
15 Feb 24 | Douglas N. Currault II | Common Stock | Payment of exercise | Dispose F | No | No | 37.2 | 5,268 | 195.97 k | 164,067 |
15 Feb 24 | Quirk Kathleen L | Common Stock | Payment of exercise | Dispose F | No | No | 37.2 | 22,121 | 822.90 k | 2,038,094 |
News
Foremost Lithium Reports Drilling Progress; Barrick Gold Withdraws From Silver Project; Cleveland-Cliffs Raises Prices And More: Wednesday's Top Mining Stories
27 Mar 24
Biden's $475M For Mining Aims To Power Communities 'Hit Hardest By Our Evolving Energy Landscape'
25 Mar 24
Freeport-McMoRan's Options Frenzy: What You Need to Know
25 Mar 24
Newsletter Writer Says, Arizona Mining Stock an Ideal Holding
22 Mar 24
Freeport-McMoRan, Uber, Samsara And A Major Credit Asset Manager On CNBC's 'Final Trades'
22 Mar 24
Press releases
4 Stocks To Watch With Rising Copper Prices
28 Mar 24
Freeport-McMoRan Declares Quarterly Cash Dividends on Common Stock
27 Mar 24
Freeport-McMoRan Announces Leadership Transition
6 Feb 24
Freeport-McMoRan on Copper Prices: You Ain't Seen Nothing Yet, an Industrial Info News Alert
26 Jan 24
Freeport-McMoRan Fourth-Quarter and Year Ended 2023 Financial and Operating Results Release Available on Its Website
24 Jan 24