Freeport-McMoran Copper & Gold Company Profile (NYSE:FCX)

About Freeport-McMoran Copper & Gold

Freeport-McMoran Copper & Gold logoFreeport-McMoRan Inc. (FCX) is a natural resource company with a portfolio of mineral assets, and oil and natural gas resources. The Company's segments include the Morenci, Cerro Verde, Grasberg and Tenke Fungurume copper mines, the Rod & Refining operations and the U.S. Oil & Gas Operations. It has organized its operations into five primary divisions: North America copper mines, South America mining, Indonesia mining, Africa mining and Molybdenum mines. Its portfolio of assets includes the Grasberg minerals district in Indonesia, mining operations in North and South America, the Tenke Fungurume (Tenke) minerals district in the Democratic Republic of Congo (DRC) in Africa, and oil and natural gas assets in the United States. Its Atlantic Copper smelts and refines copper concentrates, and markets refined copper and precious metals in slimes. It has a smelter at its Miami, Arizona, mining operation, and molybdenum conversion facilities in the United States and Europe.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Copper
  • Sub-Industry: Diversified Metals & Mining
  • Exchange: NYSE
  • Symbol: FCX
  • CUSIP: 35671D85
Key Metrics:
  • Previous Close: $10.98
  • 50 Day Moving Average: $12.27
  • 200 Day Moving Average: $10.73
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 10.17
  • P/E Growth: -0.60
  • Market Cap: $14.58B
  • Outstanding Shares: 1,328,258,000
  • Beta: 2.72
Additional Links:
Companies Related to Freeport-McMoran Copper & Gold:

Analyst Ratings

Consensus Ratings for Freeport-McMoran Copper & Gold (NYSE:FCX) (?)
Ratings Breakdown: 2 Sell Ratings, 13 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.11)
Consensus Price Target: $10.97 (0.13% downside)

Analysts' Ratings History for Freeport-McMoran Copper & Gold (NYSE:FCX)
Show:
DateFirmActionRatingPrice TargetDetails
8/16/2016Morgan StanleyReiterated RatingHold$9.00View Rating Details
8/8/2016Barclays PLCBoost Price TargetEqual Weight$10.00 -> $11.00View Rating Details
7/28/2016Berenberg BankReiterated RatingHold$11.00View Rating Details
7/27/2016BMO Capital MarketsReiterated RatingNeutral -> HoldView Rating Details
7/20/2016FBR & CoLower Price TargetMkt Perform$11.00 -> $9.00View Rating Details
7/14/2016Jefferies GroupReiterated RatingBuy$15.00View Rating Details
7/7/2016HSBCReiterated RatingBuyView Rating Details
6/21/2016MacquarieReiterated RatingNeutral$10.00View Rating Details
5/19/2016Goldman Sachs Group Inc.Initiated CoverageNeutral$12.00View Rating Details
5/16/2016Cowen and CompanyBoost Price TargetOutperform$10.00 -> $15.00View Rating Details
5/9/2016Deutsche Bank AGReiterated RatingHold$11.00 -> $11.50View Rating Details
4/25/2016Royal Bank Of CanadaLower Price TargetSector Perform$12.00 -> $6.50View Rating Details
4/19/2016Credit Agricole SADowngradeUnderperform -> SellView Rating Details
4/8/2016NomuraBoost Price Target$7.00 -> $10.00View Rating Details
3/8/2016Citigroup Inc.Reiterated RatingSellView Rating Details
3/1/2016Bank of America Corp.UpgradeUnderperform -> Neutral$9.00 -> $7.63View Rating Details
3/1/2016ScotiabankDowngradeOutperform -> Sector PerformView Rating Details
2/3/2016ArgusDowngradeBuy -> HoldView Rating Details
9/11/2015GabelliInitiated CoverageBuy$20.25View Rating Details
9/1/2015S&P Equity ResearchUpgradeHold$10.00 -> $12.00View Rating Details
4/24/2015Clarkson CapitalDowngradeBuy -> HoldView Rating Details
3/31/2015JPMorgan Chase & Co.Lower Price TargetOverweight$24.00 -> $23.00View Rating Details
3/24/2015Brean CapitalSet Price TargetHold$19.00View Rating Details
1/28/2015Credit Suisse Group AGDowngradeHold$25.00View Rating Details
1/28/2015BB&T Corp.DowngradeBuy -> HoldView Rating Details
9/23/2014Tigress FinancialDowngradeStrong-Buy -> NeutralView Rating Details
(Data available from 8/29/2014 forward)

Earnings

Earnings History for Freeport-McMoran Copper & Gold (NYSE:FCX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/20/2016        
7/26/2016Q216($0.01)($0.02)$3.70 billion$3.33 billionViewListenView Earnings Details
4/26/2016Q116($0.17)($0.16)$3.52 billion$3.53 billionViewListenView Earnings Details
1/26/2016Q415($0.17)($0.02)$3.89 billion$3.80 billionViewListenView Earnings Details
10/22/2015Q315($0.08)($0.15)$3.96 billion$3.68 billionViewListenView Earnings Details
7/23/2015Q215$0.07$0.14$4.30 billion$4.25 billionViewListenView Earnings Details
4/23/2015Q115($0.07)($0.06)$4.06 billion$4.15 billionViewN/AView Earnings Details
1/27/2015Q414$0.35$0.25$4.93 billion$5.24 billionViewN/AView Earnings Details
10/28/2014Q314$0.61$0.64$5.65 billion$5.70 billionViewListenView Earnings Details
7/23/2014Q214$0.49$0.46$5.24 billion$5.52 billionViewN/AView Earnings Details
4/24/2014Q114$0.43$0.49$5.01 billion$4.99 billionViewListenView Earnings Details
1/22/2014Q413$0.81$0.84$6.39 billion$5.90 billionViewListenView Earnings Details
10/22/2013Q313$0.62$0.79$5.68 billion$6.17 billionViewListenView Earnings Details
7/23/2013Q2 2013$0.41$0.49$4.28 billion$4.29 billionViewN/AView Earnings Details
4/18/2013Q1 2013$0.81$0.68$4.76 billion$4.58 billionViewListenView Earnings Details
1/22/2013Q4 2012$0.72$0.74$4.48 billion$4.51 billionViewListenView Earnings Details
10/22/2012$0.73$0.86ViewN/AView Earnings Details
7/19/2012$0.79$0.74ViewN/AView Earnings Details
4/19/2012$0.85$0.80ViewN/AView Earnings Details
1/19/2012$0.65$0.67ViewN/AView Earnings Details
10/19/2011$1.07$1.10ViewN/AView Earnings Details
7/21/2011$1.36$1.43ViewN/AView Earnings Details
4/20/2011$1.29$1.57ViewN/AView Earnings Details
1/20/2011$3.01$3.25ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Freeport-McMoran Copper & Gold (NYSE:FCX)
Current Year EPS Consensus Estimate: $0.48 EPS
Next Year EPS Consensus Estimate: $1.08 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20169($0.28)$0.23($0.07)
Q2 20165($0.16)$0.06($0.01)
Q3 20164$0.13$0.31$0.22
Q4 20164$0.37$0.64$0.49
Q1 20172$0.24$0.45$0.35
Q2 20172$0.26$0.42$0.34
Q3 20172$0.25$0.27$0.26
Q4 20172$0.16$0.27$0.22
Q1 20181$0.22$0.22$0.22
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Freeport-McMoran Copper & Gold (NYSE:FCX)
Annual Dividend:$0.05
Dividend Yield:0.46%
Payout Ratio:-0.46% (Based on Trailing 12 Months of Earnings)
10.42% (Based on Current Year Consensus EPS Estimate)
4.63% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:-27.00% (3 Year Average)

Dividend History for Freeport-McMoran Copper & Gold (NYSE:FCX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/30/2015quarterly$0.052.04%10/13/201510/15/201511/2/2015
6/24/2015quarterly$0.161.01%7/13/20157/15/20158/3/2015
3/24/2015quarterly$0.054/13/20154/15/20155/1/2015
12/19/2014quarterly$0.315.54%1/13/20151/15/20152/2/2015
9/24/2014quarterly$0.313.83%10/10/201410/15/201411/3/2014
6/25/2014quarterly$0.313.5%7/11/20147/15/20148/1/2014
3/26/2014quarterly$0.313.86%4/11/20144/15/20145/1/2014
12/20/2013quarterly$0.313.5%1/13/20141/15/20142/3/2014
9/25/2013quarterly$0.313.69%10/10/201310/15/201311/1/2013
6/27/2013quarterly$0.314.53%7/11/20137/15/20138/1/2013
3/27/2013quarterly$0.313.78%4/11/20134/15/20135/1/2013
12/26/2012quarterly$0.313.71%1/11/20131/15/20132/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Freeport-McMoran Copper & Gold (NYSE:FCX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/4/2015James C FloresVice ChairmanBuy2,200,000$9.70$21,340,000.00View SEC Filing  
8/28/2015James R MoffettChairmanBuy100,000$10.57$1,057,000.00View SEC Filing  
8/18/2015Gerald J FordDirectorBuy1,000,000$9.94$9,940,000.00View SEC Filing  
6/3/2015James C FloresVice ChairmanBuy60,000$20.52$1,231,200.00View SEC Filing  
12/12/2014Michael J ArnoldCAOBuy50,000$22.15$1,107,500.00View SEC Filing  
12/11/2014James C FloresChairmanBuy500,000$23.60$11,800,000.00View SEC Filing  
5/28/2014Robert DayDirectorSell186,000$33.77$6,281,220.00View SEC Filing  
5/7/2014H Devon Graham, Jr.DirectorSell1,890$34.06$64,373.40View SEC Filing  
11/7/2013J Bennett JohnstonDirectorBuy20,000$36.72$734,400.00View SEC Filing  
11/4/2013J Bennett JohnstonDirectorBuy18,900$37.13$701,757.00View SEC Filing  
10/25/2013James C FloresChairmanBuy1,500,000$37.45$56,175,000.00View SEC Filing  
8/2/2013Gerald FordDirectorBuy1,000,000$29.18$29,180,000.00View SEC Filing  
8/1/2013Bobby Lee LackeyDirectorBuy1,800$29.09$52,362.00View SEC Filing  
7/30/2013James R MoffettChairmanBuy1,000,000$28.53$28,530,000.00View SEC Filing  
7/26/2013J Taylor WhartonDirectorSell9,416$28.61$269,391.76View SEC Filing  
7/26/2013James C FloresChairmanBuy517,350$28.65$14,822,077.50View SEC Filing  
6/3/2013James C FloresChairmanBuy1,100,000$31.17$34,287,000.00View SEC Filing  
3/1/2013J Bennett JohnstonDirectorBuy16,000$31.48$503,680.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Freeport-McMoran Copper & Gold (NYSE:FCX)
DateHeadline
capitalcube.com logoETF’s with exposure to Freeport-McMoRan, Inc. : August 29, 2016 (NYSE:FCX)
www.capitalcube.com - August 29 at 4:54 PM
forbes.com logoFreeport-McMoran Copper & Gold (FCX) Shares Enter Oversold Territory (NYSE:FCX)
www.forbes.com - August 26 at 5:46 PM
thecountrycaller.com logoFreeport-McMoRan Inc (FCX) Stock Plunges On Back Of Weak Copper Prices - TCC (NYSE:FCX)
www.thecountrycaller.com - August 25 at 5:01 PM
marketrealist.com logoIs Freeport-McMoRan in a Sweet Spot despite Turmoil in Copper Markets? (NYSE:FCX)
marketrealist.com - August 25 at 5:01 PM
investing.com logoFreeport Mcmoran FCX And The Key Support Levels And Bearish Chart Patter (NYSE:FCX)
www.investing.com - August 25 at 9:58 AM
thecountrycaller.com logoFreeport-McMoRan Inc (FCX) Stock Plunges On Back Of Weak Copper Prices (NYSE:FCX)
www.thecountrycaller.com - August 25 at 9:58 AM
thestreet.com logoTrader's Daily Notebook: Bullish Trend Weakens (NYSE:FCX)
realmoney.thestreet.com - August 25 at 9:58 AM
marketrealist.com logoGold Could Put the Sparkle Back in Freeport-McMoRan’s 2017 Earnings (NYSE:FCX)
marketrealist.com - August 25 at 9:58 AM
investing.com logoU.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.35% (NYSE:FCX)
www.investing.com - August 24 at 4:54 PM
investors.com logoStocks End Lower; Mylan Falls Amid Drug-Pricing Furor (NYSE:FCX)
www.investors.com - August 24 at 4:54 PM
stockhouse.com logoBellhaven Announces Paul Zweng as CEO and Chairman of the Board (NYSE:FCX)
www.stockhouse.com - August 24 at 8:02 AM
marketrealist.com logoWhat Are Freeport-McMoRan’s Key Resistance and Support Levels? (NYSE:FCX)
marketrealist.com - August 23 at 9:21 AM
marketrealist.com logoHow Do Freeport McMoRan’s Fundamentals Compare to Its Peers? (NYSE:FCX)
marketrealist.com - August 22 at 5:02 PM
marketrealist.com logoHow Do Freeport-McMoRan’s Short Positions Look in 2016? (NYSE:FCX)
marketrealist.com - August 22 at 5:02 PM
News IconFreeport-McMoRan: Getting It Right (NYSE:FCX)
www.investorguide.com - August 22 at 9:38 AM
istreetwire.com logoStocks in Review: Huntington Bancshares Incorporated (HBAN), Freeport-McMoRan Inc. (FCX), Target Corp. (TGT) - iStreetWire (NYSE:FCX)
istreetwire.com - August 18 at 4:59 PM
insidermonkey.com logoBillionaire Stanley Druckenmiller Sells Off Consumer Stocks, Loads Up On Materials, Energy (NYSE:FCX)
www.insidermonkey.com - August 18 at 4:59 PM
marketrealist.com logoGold and Silver Stable amid a Weaker Dollar on August 16 - Market Realist (NYSE:FCX)
marketrealist.com - August 17 at 5:10 PM
marketrealist.com logoWhy Copper Prices Have Fallen despite Strong Fundamentals (NYSE:FCX)
marketrealist.com - August 15 at 5:07 PM
capitalcube.com logoETF’s with exposure to Freeport-McMoRan, Inc. : August 15, 2016 (NYSE:FCX)
www.capitalcube.com - August 15 at 12:14 PM
investors.com logo4 Growth Leaders You Should Watch; Are These Big Tech Names Stalling? (NYSE:FCX)
www.investors.com - August 14 at 9:41 AM
marketrealist.com logoThe Love-Hate Relationship between Freeport and Indonesia - Market Realist (NYSE:FCX)
marketrealist.com - August 12 at 5:01 PM
marketrealist.com logoPerformance of Companies in the Metals and Mining Sector on August 11 - Market Realist (NYSE:FCX)
marketrealist.com - August 12 at 5:01 PM
marketrealist.com logoWhy Freeport Isn’t Constructing a Smelter in Indonesia (NYSE:FCX)
marketrealist.com - August 12 at 5:01 PM
finance.yahoo.com logoFREEPORT-MCMORAN INC Financials (NYSE:FCX)
finance.yahoo.com - August 12 at 5:01 PM
marketrealist.com logoPerformance of Companies in the Energy Sector on August 11 - Market Realist (NYSE:FCX)
marketrealist.com - August 12 at 5:17 AM
bloomberg.com logoFreeport Gets Five-Month Permit to Export Indonesian Concentrate (NYSE:FCX)
washpost.bloomberg.com - August 11 at 5:08 PM
marketrealist.com logoFreeport’s Indonesia Problems Aren’t Over Yet (NYSE:FCX)
marketrealist.com - August 11 at 5:08 PM
marketrealist.com logoHow Did Freeport’s Indonesia Issues Begin? (NYSE:FCX)
marketrealist.com - August 11 at 5:08 PM
thecountrycaller.com logoFreeport-McMoRan Inc (FCX) Up by 80% YTD, Is All Going Too Well? - TCC (NYSE:FCX)
www.thecountrycaller.com - August 11 at 5:37 AM
News IconHow a Corporate Copper Mining Giant Deceived An Entire Nation and Its Govt (NYSE:FCX)
galacticconnection.com - August 10 at 11:11 PM
thecountrycaller.com logoFreeport-McMoRan Inc (FCX) Up by 80% YTD, Is All Going Too Well? (NYSE:FCX)
www.thecountrycaller.com - August 9 at 9:18 PM
247wallst.com logoCan Freeport-McMoRan Survive in Indonesia? (NYSE:FCX)
247wallst.com - August 9 at 9:18 PM
marketrealist.com logoHow Did Metals and Mining Companies Perform on August 8? - Market Realist (NYSE:FCX)
marketrealist.com - August 9 at 3:42 PM
finance.yahoo.com logoIndonesian ministry recommends renewing Freeport export permit (NYSE:FCX)
finance.yahoo.com - August 9 at 3:42 PM
marketrealist.com logoHow Freeport’s Valuation Looks Going into 3Q16 (NYSE:FCX)
marketrealist.com - August 9 at 3:42 PM
finance.yahoo.com logoU.S. Steel Corp. To Tap Into Equity Market, Capitalize on Share Price Tripling In 2016 With Public Offering Worth $439 Million (NYSE:FCX)
finance.yahoo.com - August 9 at 3:42 PM
News IconFreeport-McMoran Copper & Gold Inc. (NYSE:FCX) Price Target Increased at Barclays PLC - BNB Daily (blog) (NYSE:FCX)
www.baseball-news-blog.com - August 9 at 5:39 AM
investing.com logo7 Charts Showing Bullish Themes For Basic Materials, Energy - Investing.com (NYSE:FCX)
www.investing.com - August 8 at 10:21 PM
investopedia.com logoFreeport-McMoRan Is in Trouble in Indonesia (NYSE:FCX)
www.investopedia.com - August 8 at 10:21 PM
investing.com logo7 Charts Showing Bullish Themes For Basic Materials, Energy (NYSE:FCX)
www.investing.com - August 8 at 9:46 AM
marketrealist.com logoChina’s July Copper Imports: What They Mean for Freeport-McMoRan (NYSE:FCX)
marketrealist.com - August 8 at 9:46 AM
News IconStocks in Focus: Freeport-McMoRan Inc (NYSE:FCX), FireEye Inc (NASDAQ:FEYE) - NYSE Journal (press release) (NYSE:FCX)
stockznews.com - August 6 at 6:04 AM
nasdaq.com logoNoteworthy Friday Option Activity: FDX, TGT, FCX - Nasdaq (NYSE:FCX)
www.nasdaq.com - August 5 at 10:15 PM
istreetwire.com logo3 Notable Runners: Marathon Oil Corporation (MRO), Freeport ... - iStreetWire (NYSE:FCX)
istreetwire.com - August 5 at 10:15 PM
marketrealist.com logoWhy Freeport Expects Its Unit Cash Costs to Fall in 2H16 (NYSE:FCX)
marketrealist.com - August 5 at 5:02 PM
biz.yahoo.com logoFREEPORT-MCMORAN INC Files SEC form 10-Q, Quarterly Report (NYSE:FCX)
biz.yahoo.com - August 5 at 5:02 PM
News IconCopper weighs on Peru June exports says trade association - Business News Americas (subscription) (NYSE:FCX)
www.bnamericas.com - August 5 at 6:16 AM
seekingalpha.com logoWill Freeport-McMoRan Shares Hold At Current Levels? (NYSE:FCX)
seekingalpha.com - August 4 at 5:17 PM
marketrealist.com logoPerformance of Companies in the Metals and Mining Sector on August 3 - Market Realist (NYSE:FCX)
marketrealist.com - August 4 at 5:58 AM

Social

Freeport-McMoran Copper & Gold (NYSE:FCX) Chart for Monday, August, 29, 2016


Last Updated on 8/29/2016 by MarketBeat.com Staff