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.
![Freeport-McMoRan logo](/files/LOGO/831259-FCX.png)
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)
8-K
Second-Quarter and Six-Month 2024 Results
23 Jul 24
8-K
Results of Operations and Financial Condition
2 Jul 24
8-K
Amendments to Articles of Incorporation or Bylaws
12 Jun 24
10-Q
2024 Q1
Quarterly report
8 May 24
ARS
2023 FY
Annual report to shareholders
26 Apr 24
DEFA14A
Additional proxy soliciting materials
26 Apr 24
DEF 14A
Definitive proxy
26 Apr 24
8-K
Reports First-Quarter 2024 Results
23 Apr 24
PRE 14A
Preliminary proxy
16 Apr 24
10-K
2023 FY
Annual report
15 Feb 24
Transcripts
FCX
Earnings call transcript
2024 Q2
23 Jul 24
FCX
Earnings call transcript
2024 Q1
23 Apr 24
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 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
Latest ownership filings
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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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) | 6.34 bn | 6.34 bn | 6.34 bn | 6.34 bn | 6.34 bn | 6.34 bn |
Cash burn (monthly) | (no burn) | 63.67 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 246.20 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 6.09 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 95.7 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
80.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1383 |
Opened positions | 362 |
Closed positions | 133 |
Increased positions | 497 |
Reduced positions | 373 |
13F shares | Current |
---|---|
Total value | 50.81 tn |
Total shares | 1.16 bn |
Total puts | 31.08 mm |
Total calls | 48.08 mm |
Total put/call ratio | 0.6 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 120.70 mm | $5.68 tn |
BLK Blackrock | 108.90 mm | $5.12 tn |
Capital Research Global Investors | 72.90 mm | $3.43 tn |
FMR | 65.42 mm | $3.08 tn |
STT State Street | 62.95 mm | $2.96 tn |
Fisher Asset Management | 56.63 mm | $2.66 tn |
T. Rowe Price | 36.88 mm | $1.73 bn |
Geode Capital Management | 27.81 mm | $1.30 tn |
BEN Franklin Resources | 22.55 mm | $1.06 tn |
BK Bank Of New York Mellon | 21.16 mm | $994.81 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Jul 24 | Grant Hugh | Common Stock | Grant | Acquire A | No | No | 48.6 | 668 | 32.46 k | 36,310 |
1 Jul 24 | John Joseph Stephens | Common Stock | Grant | Acquire A | No | No | 48.6 | 411 | 19.97 k | 60,235 |
11 Jun 24 | Quirk Kathleen L | Common Stock | Grant | Acquire A | No | No | 0 | 9,000 | 0.00 | 2,047,094 |
1 Jun 24 | Mccoy Dustan E | Common Stock | Grant | Acquire A | No | No | 0 | 3,500 | 0.00 | 147,400 |
1 Jun 24 | Donadio Marcela E | Common Stock | Grant | Acquire A | No | No | 0 | 3,500 | 0.00 | 16,800 |
News
Decoding Freeport-McMoRan's Options Activity: What's the Big Picture?
26 Jul 24
Freeport-McMoRan, Pfizer, Danaher And An Industrial Stock: CNBC's 'Final Trades'
26 Jul 24
A Glimpse Into The Expert Outlook On Freeport-McMoRan Through 6 Analysts
24 Jul 24
Raymond James Maintains Outperform on Freeport-McMoRan, Lowers Price Target to $53
24 Jul 24
RBC Capital Reiterates Sector Perform on Freeport-McMoRan, Maintains $60 Price Target
24 Jul 24
Press releases
Copper Price Set to Rebound Amid Supply Shortages and EV Demand Surge, Miners Respond
26 Jul 24
Copper Price Set to Rebound Amid Supply Shortages and EV Demand Surge, Miners Respond
26 Jul 24
Copper Price Set to Rebound Amid Supply Shortages and EV Demand Surge, Miners Respond
26 Jul 24
Copper Price Set to Rebound Amid Supply Shortages and EV Demand Surge, Miners Respond
26 Jul 24
Freeport Second-Quarter and Six-Month 2024 Financial and Operating Results Release Available on Its Website
23 Jul 24