FCX is a leading international mining company with headquarters in Phoenix, Arizona. FCX operates large, long-lived, geographically diverse assets with significant proven and probable reserves of copper, gold and molybdenum. FCX is one of the world's largest publicly traded copper producers.
FCX's portfolio of assets includes the Grasberg minerals district in Indonesia, one of the world's largest copper and gold deposits; and significant mining operations in North America and South America, including the large-scale Morenci minerals district in Arizona and the Cerro Verde operation in Peru.
By supplying responsibly produced copper, FCX is proud to be a positive contributor to the world well beyond its operational boundaries. Additional information about FCX is available on FCX's website at '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
Analyst ratings and price targets
Latest filings (excl ownership)
10-Q
2023 Q1
Quarterly report
4 May 23
ARS
2022 FY
Annual report to shareholders
21 Apr 23
DEFA14A
Additional proxy soliciting materials
21 Apr 23
DEF 14A
Definitive proxy
21 Apr 23
8-K
Reports First-Quarter 2023 Results
21 Apr 23
10-K
2022 FY
Annual report
15 Feb 23
8-K
Other Events
13 Feb 23
8-K
Departure of Directors or Certain Officers
8 Feb 23
8-K
Reports Fourth-Quarter and Year Ended 2022 Results
25 Jan 23
10-Q
2022 Q3
Quarterly report
4 Nov 22
Transcripts
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
FCX
Earnings call transcript
2021 Q2
22 Jul 21
FCX
Earnings call transcript
2021 Q1
23 Apr 21
FCX
Earnings call transcript
2021 Q1
22 Apr 21
Latest ownership filings
Financial summary
| Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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| Revenue | |||||
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| 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) | 7.10 bn | 7.10 bn | 7.10 bn | 7.10 bn | 7.10 bn | 7.10 bn |
| Cash burn (monthly) | 428.67 mm | 123.67 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 912.86 mm | 263.35 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 6.19 bn | 6.84 bn | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 14.4 | 55.3 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2023
79.1% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 1235 |
| Opened positions | 164 |
| Closed positions | 129 |
| Increased positions | 486 |
| Reduced positions | 409 |
| 13F shares | Current |
|---|---|
| Total value | 45.87 tn |
| Total shares | 1.13 bn |
| Total puts | 24.01 mm |
| Total calls | 25.25 mm |
| Total put/call ratio | 1.0 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 118.70 mm | $4.86 tn |
| BLK Blackrock | 109.37 mm | $4.47 tn |
| FMR | 105.19 mm | $4.30 tn |
| STT State Street | 62.36 mm | $2.55 tn |
| Capital Research Global Investors | 55.86 mm | $2.29 tn |
| Fisher Asset Management | 53.95 mm | $2.20 tn |
| JPM JPMorgan Chase & Co. | 46.16 mm | $1.89 tn |
| Geode Capital Management | 25.34 mm | $1.03 tn |
| BK Bank Of New York Mellon | 20.09 mm | $821.68 bn |
| BAC Bank Of America | 19.87 mm | $812.73 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 Jun 23 | Abney David P | Common Stock | Grant | Acquire A | No | No | 0 | 5,000 | 0.00 | 14,000 |
| 1 Jun 23 | Donadio Marcela E | Common Stock | Grant | Acquire A | No | No | 0 | 5,000 | 0.00 | 13,300 |
| 1 Jun 23 | Grant Hugh | Common Stock | Grant | Acquire A | No | No | 0 | 5,000 | 0.00 | 29,072 |
| 1 Jun 23 | Robert W. Dudley | Common Stock | Grant | Acquire A | No | No | 0 | 5,000 | 0.00 | 14,000 |
| 1 Jun 23 | Kennard Lydia H | Common Stock | Grant | Acquire A | No | No | 0 | 5,000 | 0.00 | 115,300 |
News
Freeport-McMoRan Unusual Options Activity
2 Jun 23
Amazon, Freeport-McMoRan And A Leading Global Aerospace Company On CNBC's 'Final Trades'
2 Jun 23
Freeport-McMoRan Unusual Options Activity For May 30
30 May 23
Here's How Much $100 Invested In Freeport-McMoRan 5 Years Ago Would Be Worth Today
25 May 23
This Is What Whales Are Betting On Freeport-McMoRan
24 May 23
Press releases
Freeport-McMoRan First-Quarter 2023 Financial and Operating Results Release Available on Its Website
21 Apr 23
Freeport-McMoRan Publishes 2022 Annual Report on Sustainability
21 Apr 23
Freeport-McMoRan Declares Quarterly Cash Dividends on Common Stock
22 Mar 23
Several Major Industries Making Efforts to Meet Net Zero Goals Through Carbon Credits
20 Mar 23