51.39

0.78% +0.40

After Hours: 51.3981 0.0081 +0.02%

Freeport-McMoRan Inc (FCX)

Overview News Price History Option Chain Financials Discussions Forecast Stock Split Dividend History

Freeport-McMoRan Inc stock is currently priced at $51.39, with a 24-hour trading volume of 12.98M. It has seen a +0.78% increased in the last 24 hours and a +3.88% rose in the past month. The chart indicates a potential bullish trend, as the stock is above the $51.01 pivot point. If it approaches the $51.48 resistance level, significant changes may occur.

Previous Close:

$50.99

Open:

$51

24h Volume:

12.98M

Market Cap:

$74.00B

Revenue:

$23.79B

Net Income/Loss:

$1.66B

P/E Ratio:

34.72

EPS:

1.48

Net Cash Flow:

$1.17B

1W Performance:

+2.90%

1M Performance:

+3.88%

6M Performance:

+50.88%

1Y Performance:

+40.91%

1D Range:

$50.81

$51.46

52W Range:

$32.83

$53.13

Freeport-McMoRan Inc Stock (FCX) Company Profile

Name

Freeport-McMoRan Inc

Sector

Basic Materials (270)

Industry

Copper (7)

Phone

602-366-8100

Address

333 North Central Avenue, Phoenix

Employee

25,200

Twitter

@FM_FCX

Next Earnings Date

2024-04-23

Latest SEC Filings

FCX's Discussions on Twitter

Freeport-McMoRan Inc Stock (FCX) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Jan-16-24	Resumed	UBS	Neutral
Jan-08-24	Upgrade	Bernstein	Mkt Perform → Outperform
Oct-17-23	Initiated	JP Morgan	Neutral
Jun-29-23	Initiated	Bernstein	Mkt Perform
Mar-14-23	Upgrade	Scotiabank	Sector Perform → Sector Outperform
Nov-11-22	Downgrade	Scotiabank	Sector Outperform → Sector Perform
Oct-06-22	Downgrade	Exane BNP Paribas	Outperform → Neutral
Jul-13-22	Downgrade	Citigroup	Buy → Neutral
Jul-13-22	Upgrade	Exane BNP Paribas	Neutral → Outperform
Jul-07-22	Downgrade	Wolfe Research	Outperform → Peer Perform
Jun-09-22	Upgrade	Credit Suisse	Underperform → Neutral
Apr-05-22	Downgrade	Exane BNP Paribas	Outperform → Neutral
Jan-27-22	Reiterated	Deutsche Bank	Hold
Jan-27-22	Reiterated	Jefferies	Buy
Jan-27-22	Reiterated	Wolfe Research	Outperform
Dec-14-21	Initiated	Stifel	Buy
Nov-17-21	Initiated	Wolfe Research	Outperform
Oct-22-21	Downgrade	Deutsche Bank	Buy → Hold
Oct-06-21	Upgrade	Exane BNP Paribas	Neutral → Outperform
Sep-29-21	Resumed	BofA Securities	Buy
Sep-10-21	Downgrade	Credit Suisse	Neutral → Underperform
Jul-08-21	Downgrade	Barclays	Equal Weight → Underweight
Jun-04-21	Downgrade	Exane BNP Paribas	Outperform → Neutral
Apr-21-21	Downgrade	UBS	Buy → Neutral
Apr-06-21	Upgrade	Raymond James	Mkt Perform → Outperform
Mar-24-21	Downgrade	Morgan Stanley	Overweight → Equal-Weight
Feb-16-21	Upgrade	Citigroup	Neutral → Buy
Feb-10-21	Resumed	JP Morgan	Overweight
Jan-05-21	Upgrade	Argus	Hold → Buy
Dec-17-20	Initiated	Johnson Rice	Buy
Nov-12-20	Initiated	Goldman	Buy
Oct-12-20	Downgrade	Citigroup	Buy → Neutral
Sep-24-20	Upgrade	Morgan Stanley	Equal-Weight → Overweight
Aug-04-20	Downgrade	Morgan Stanley	Overweight → Equal-Weight
Jul-20-20	Downgrade	Barclays	Overweight → Equal Weight
Apr-27-20	Upgrade	Scotiabank	Sector Perform → Sector Outperform
Apr-16-20	Upgrade	Barclays	Equal Weight → Overweight
Apr-07-20	Upgrade	Credit Suisse	Underperform → Neutral
Jan-14-20	Downgrade	Credit Suisse	Neutral → Underperform
Dec-17-19	Upgrade	BMO Capital Markets	Market Perform → Outperform
Nov-13-19	Upgrade	BofA/Merrill	Neutral → Buy
Nov-07-19	Resumed	Morgan Stanley	Overweight
Oct-10-19	Upgrade	UBS	Neutral → Buy
Oct-08-19	Reiterated	B. Riley FBR	Buy
Jul-25-19	Upgrade	RBC Capital Mkts	Underperform → Sector Perform
Jul-16-19	Upgrade	Barclays	Underweight → Equal Weight
Jul-11-19	Upgrade	Deutsche Bank	Hold → Buy
Feb-19-19	Upgrade	Citigroup	Neutral → Buy
Feb-13-19	Upgrade	Morgan Stanley	Equal-Weight → Overweight

View All

Freeport-McMoRan Inc Stock (FCX) Latest News

Is Invesco S&P 500 Equal Weight ETF (RSP) a Strong ETF Right Now?

Zacks Investment Research

Should Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW) Be on Your Investing Radar?

Zacks Investment Research

Freeport-McMoRan Inc Stock (FCX) Financials Data

Freeport-McMoRan Inc (FCX) Revenue 2024

FCX reported a revenue (TTM) of $23.79 billion for the quarter ending March 31, 2024, a +10.30% rise year-over-year.

Freeport-McMoRan Inc (FCX) Net Income 2024

FCX net income (TTM) was $1.66 billion for the quarter ending March 31, 2024, a -36.33% decrease year-over-year.

Freeport-McMoRan Inc (FCX) Cash Flow 2024

FCX recorded a free cash flow (TTM) of $1.17 billion for the quarter ending March 31, 2024, a +85.10% increase year-over-year.

Freeport-McMoRan Inc (FCX) Earnings per Share 2024

FCX earnings per share (TTM) was $1.13 for the quarter ending March 31, 2024, a -36.87% decline year-over-year.

Freeport-McMoRan Inc Stock (FCX) Insider Trading

Insider Trading	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total
ADKERSON RICHARD C	Chairman of the Board & CEO	May 06 '24	Sale	50.78	54,771	2,781,118	3,652,478
Higgins Stephen T.	Senior VP & CAO	May 03 '24	Option Exercise	11.91	42,767	509,355	147,144
Higgins Stephen T.	Senior VP & CAO	May 03 '24	Sale	50.35	42,767	2,153,259	104,377
Higgins Stephen T.	Senior VP & CAO	May 01 '24	Option Exercise	11.89	43,900	521,982	148,277
Mikes Ellie L.	Chief Accounting Officer	May 01 '24	Option Exercise	28.14	1,333	37,511	47,905
Higgins Stephen T.	Senior VP & CAO	May 01 '24	Sale	51.08	43,900	2,242,333	104,377
Mikes Ellie L.	Chief Accounting Officer	May 01 '24	Sale	50.97	4,333	220,858	43,572
ADKERSON RICHARD C	Chairman of the Board & CEO	Apr 30 '24	Sale	50.56	169,229	8,557,014	3,707,249
ADKERSON RICHARD C	Chairman of the Board & CEO	Apr 29 '24	Option Exercise	18.98	580,000	11,008,400	4,232,100
Currault Douglas N. II	Senior VP & General Counsel	Apr 29 '24	Option Exercise	15.62	55,000	858,950	219,067

Freeport-McMoRan Inc. engages in the mining of mineral properties in the United States, Indonesia, Peru, and Chile. The company primarily explores for copper, gold, molybdenum, silver, and other metals, as well as oil and gas. Its assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Tyrone and Chino in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde and El Abra mines in South America. It also operates a portfolio of oil and gas assets comprising oil and natural gas production onshore in South Louisiana; and on the Gulf of Mexico shelf and oil production offshore California. As of December 31, 2017, the company's estimated consolidated recoverable proven and probable mineral reserves totaled 86.7 billion pounds of copper, 23.5 million ounces of gold, and 2.84 billion pounds of molybdenum, as well as estimated proved developed oil and natural gas reserves totaled 10.1 million barrels of oil equivalents. The company was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its name to Freeport-McMoRan Inc. in July 2014. Freeport-McMoRan Inc. was founded in 1987 and is headquartered in Phoenix, Arizona.