OverviewSuggest Edit

Freeport-McMoran (formerly Freeport-McMoRan Copper & Gold) is an international mining company that operates geographically diverse assets with reserves of copper, gold, and molybdenum. It is a producer of copper concentrate, cathode, and continuous cast copper rod. The company also provides gold sold as a component of its copper concentrate or in slimes, which are a product of the smelting and refining process. Besides, it offers molybdenum and molybdenum-based chemicals.

TypePublic
Founded1987
HQPhoenix, US
Websitefcx.com
Employee Ratings3.9
Overall CultureC+

Latest Updates

Employees (est.) (Dec 2019)27,500(+3%)
Job Openings25
Revenue (FY, 2019)$14.4 B(-22%)
Share Price (Nov 2020)$20.1 (+4%)
Cybersecurity ratingAMore

Key People/Management at Freeport-McMoran

Richard C. Adkerson

Richard C. Adkerson

Vice Chairman, President and Chief Executive Officer
Kathleen L. Quirk

Kathleen L. Quirk

Executive Vice President and Chief Financial Officer
Mark J. Johnson

Mark J. Johnson

Director, Executive Vice President and Chief Operating Officer, Freeport Indonesia
Douglas N. Currault

Douglas N. Currault

Senior Vice President and General Counsel
Stephen T. Higgins

Stephen T. Higgins

Senior Vice President and Chief Administrative Officer
William E. Cobb

William E. Cobb

Vice President and Chief Sustainability Officer
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Freeport-McMoran Office Locations

Freeport-McMoran has offices in Phoenix, Houston, New Orleans and Jakarta
Phoenix, US (HQ)
333 N Central Ave
Houston, US
11450 Compaq Center W Dr #450
New Orleans, US
Freeport McMoRan Building, 1615 Poydras St
Jakarta, ID
Jl. HR. Rasuna Said Kav. X-7 No.6, Plaza 89, Lt. 5, RT.6/RW.7, Kuningan, Karet Kuningan, Setia Budi
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Freeport-McMoran Financials and Metrics

Freeport-McMoran Revenue

Freeport-McMoran's revenue was reported to be $14.40 b in FY, 2019
USD

Revenue (Q3, 2020)

3.9b

Gross profit (Q3, 2020)

983.0m

Gross profit margin (Q3, 2020), %

25.5%

Net income (Q3, 2020)

432.0m

EBIT (Q3, 2020)

880.0m

Market capitalization (13-Nov-2020)

28.4b

Closing stock price (13-Nov-2020)

20.1

Cash (30-Sept-2020)

2.4b

EV

36.0b
Freeport-McMoran's current market capitalization is $28.4 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

20.9b20.0b14.6b14.8b16.4b18.6b14.4b

Revenue growth, %

(4%)(27%)2%

Cost of goods sold

9.4b10.9b11.6b14.6b18.5b27.4b17.6b12.0b13.4b13.1b

Gross profit

6.3b1.5b(12.8b)(2.7b)4.4b5.2b1.3b
Quarterly
USDQ1, 2010Q2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

4.3b6.2b5.0b5.5b5.7b4.2b4.2b3.7b3.5b3.3b3.9b3.3b3.7b4.3b5.2b4.9b3.8b3.5b3.2b2.8b3.1b3.9b

Cost of goods sold

2.2b2.3b2.5b2.6b2.8b2.8b2.7b2.9b2.9b3.0b3.4b4.3b3.7b4.1b4.4b7.0b6.4b7.4b7.2b3.9b3.4b2.6b2.9b3.2b3.4b3.5b3.3b3.4b3.0b3.1b2.6b2.9b

Gross profit

905.0m1.9b1.3b1.4b1.3b(2.8b)(2.2b)(3.8b)(3.7b)(545.0m)466.0m752.0m766.0m1.1b1.8b1.4b469.0m192.0m125.0m(310.0m)441.0m983.0m

Gross profit Margin, %

21%31%26%26%23%(67%)(51%)(102%)(105%)(16%)12%23%21%25%35%28%12%5%4%(11%)14%26%
Annual
USDY, 2009FY, 2010Y, 2010FY, 2011Y, 2011Y, 2012FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

3.7b3.7b4.8b4.8b4.8b3.7b3.7b2.0b464.0m224.0m4.2b4.4b4.2b2.0b

Accounts Receivable

2.1b892.0m927.0m1.7b953.0m689.0m1.1b1.2b829.0m741.0m

Prepaid Expenses

254.0m214.0m387.0m270.0m422.0m655.0m

Inventories

1.2b
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

5.5b5.7b4.0b3.4b(745.0m)(12.1b)(4.0b)2.1b2.9b(189.0m)

Depreciation and Amortization

1.7b1.8b1.4b

Inventories

593.0m(431.0m)(729.0m)(288.0m)(249.0m)379.0m117.0m(393.0m)(631.0m)259.0m

Accounts Payable

331.0m(387.0m)209.0m(359.0m)(394.0m)(217.0m)(28.0m)110.0m(106.0m)(60.0m)
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Freeport-McMoran Cybersecurity Score

Cybersecurity ratingPremium dataset

A

95/100

SecurityScorecard logo

Freeport-McMoran Online and Social Media Presence

Embed Graph

Freeport-McMoran Company Culture

  • Overall Culture

    C+

    65/100

  • CEO Rating

    F

    54/100

  • Compensation

    C+

    66/100

  • Diversity

    B

    71/100

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Freeport-McMoran News and Updates

Should you invest in Exxon Mobil, Cisco Systems, Freeport-McMoRan, Penn National Gaming, or Estee Lauder?

NEW YORK, Oct. 21, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for XOM, CSCO, FCX, PENN, and EL. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different...

Freeport-McMoRan Stock Overvalued After Rising 3x In 6 Months

After rising more than 3x since its March lows of this year, at the current price of $16 per share, we believe Freeport-McMoRan stock has reached its near-term potential. FCX stock has rallied from $5 to $16 off its recent bottom compared to the S&P 500 which increased 52% from its March lows...

Can Freeport-McMoRan Stock Dig Up More Value?

We believe there may be better opportunities than Freeport-McMoRan’s stock (NYSE: FCX) at the present time. FCX trades at $16 currently and it has gained more than 20% in value so far this year. It traded at a pre-Covid high of $13 in February, and it is above that level now.

Up 150% In 4 Months, Freeport-McMoRan Still Looks Undervalued

After a formidable 147% rise since the March lows of this year, at the current price of $13 per share we believe Freeport-McMoRan stock has still not reached its near-term potential. FCX stock has rallied from $5.31 to $13.12 off the recent bottom compared to the S&P 500 which increased 44%...

Why Barrick Gold Won While Freeport-McMoRan Lost?

Freeport-McMoRan’s stock is down 12% so far in 2020. But wait a minute, close rival Barrick Gold stock has increased 45% in 2020 so far. If we compare the stock price trends for these mining giants over recent years, we can see that FCX’s stock price has declined 37% from $19 at the end of 2017 to..

Freeport-McMoRan vs. Newmont: Why Is Only One Gaining?

Freeport-McMoRan’s stock (NYSE: FCX) is down 23% so far in 2020. But wait a minute, close rival Newmont’s stock (NYSE: NEM) has increased 30% in 2020 so far. If we compare the stock price trends for these mining giants over recent years, we can see that FCX’s stock price has declined 23% from $13...
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Freeport-McMoran Blogs

Message from FCX CEO to Stakeholders regarding COVID-19

Message from FCX CEO to Stakeholders regarding COVID-19 mboyle Mon, 10/05/2020 - 09:02 To our Stakeholders: The COVID-19 pandemic has drastically altered our world, bringing swift and significant disruption to all aspects of our society. On behalf of our organization, our thoughts go…

Coronavirus Remains an Ongoing Threat

Coronavirus Remains an Ongoing Threat mboyle Mon, 10/05/2020 - 08:56 Internal Employee News Publication To: All Freeport-McMoRan EmployeesSubject: Coronavirus Remains an Ongoing ThreatFrom: Richard C. Adkerson, Vice Chairman, President and Chief Executive OfficerDate: October 2, 2020 …

Surge in Coronavirus Cases

Surge in Coronavirus Cases mboyle Mon, 10/05/2020 - 08:52 Internal Employee News Publication To: All Freeport-McMoRan EmployeesSubject: Surge in Coronavirus CasesFrom: Richard C. Adkerson, Vice Chairman, President and Chief Executive OfficerDate: July 3, 2020 The pandemic continues t…

Protective Measures to Keep the Workplace and Community Safe

Protective Measures to Keep the Workplace and Community Safe mboyle Thu, 10/01/2020 - 14:03 March 18, 2020 - At Freeport-McMoRan, our employees are our most important resource, and their health and safety is always at the forefront of everything we do. We are taking multiple steps to…

Company Measures to Increase Safety

Company Measures to Increase Safety mboyle Thu, 10/01/2020 - 13:58 March 30, 2020 - From social distancing and screening, to sanitizing our sites around the world, we’ve made many enhancements to increase the safety of our employees as part of our COVID-19 response. We’re a family at …

#WeAreInThisTogether - Video

#WeAreInThisTogether - Video mboyle Thu, 10/01/2020 - 11:43 April 7, 2020 - Safety is our top priority. Here’s how we’re working together with our employees to stop the spread of COVID-19 because we are in this together. Watch the video        BACK TO COMPANY COVID-19 INFORMAT…
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Freeport-McMoran Frequently Asked Questions

  • When was Freeport-McMoran founded?

    Freeport-McMoran was founded in 1987.

  • Who are Freeport-McMoran key executives?

    Freeport-McMoran's key executives are Richard C. Adkerson, Kathleen L. Quirk and Mark J. Johnson.

  • How many employees does Freeport-McMoran have?

    Freeport-McMoran has 27,500 employees.

  • What is Freeport-McMoran revenue?

    Latest Freeport-McMoran annual revenue is $14.4 b.

  • What is Freeport-McMoran revenue per employee?

    Latest Freeport-McMoran revenue per employee is $523.7 k.

  • Who are Freeport-McMoran competitors?

    Competitors of Freeport-McMoran include Vedanta Resources, Nucor and Newmont.

  • Where is Freeport-McMoran headquarters?

    Freeport-McMoran headquarters is located at 333 N Central Ave, Phoenix.

  • Where are Freeport-McMoran offices?

    Freeport-McMoran has offices in Phoenix, Houston, New Orleans and Jakarta.

  • How many offices does Freeport-McMoran have?

    Freeport-McMoran has 4 offices.