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Found 61 search results for "Freeport-McMoRan"
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Freeport-McMoRan profit beats as higher copper prices offset Grasberg troubles
Oct 23 (Reuters) - Freeport-McMoRan FCX.N posted a better-than-expected third-quarter profit on Thursday, as higher copper prices offset lower production after the company suspended operations at its flagship Grasberg mine due to the death of seven workers.The Phoenix-based miner's shares gained...Reuters
Thu, Oct 23
Freeport-McMoRan gains on Q3 profit beat
** Freeport-McMoRan's shares FCX.N up 2.8% at $42.08** Copper miner beats Q3 profit estimates as higher prices helped offset lower production after force majeure at Grasberg mine in Indonesia** Posts Q3 adj profit of 50 cents/share vs analysts' estimate of 41 cents/share - LSEG data** Copper...Reuters
Thu, Oct 23
Freeport-McMoRan Expects FY Consol Sales Of About 3.5 Bln Pounds Of Copper
Oct 23 (Reuters) - Freeport-McMoRan Inc FCX.N:FREEPORT-MCMORAN INC: Q3 CONSOLIDATED COPPER AND GOLD SALES WERE APPROXIMATELY 1% AND 4%, RESPECTIVELY, LOWER THAN JULY 2025 GUIDANCEFREEPORT-MCMORAN: 2025 CONSOLIDATED SALES ARE EXPECTED TO ABOUT 3.5 BILLION POUNDS OF COPPER, 1.05 MILLION OUNCES OF GOL...Reuters
Thu, Oct 23
Freeport-McMoRan gains on Q3 profit beat
** Freeport-McMoRan's shares FCX.N up 1.4% to $41.36 premarket** Copper miner beats Q3 profit estimates as higher prices helped offset lower production after force majeure at Grasberg mine in Indonesia** Posts Q3 adj profit of 50 cents/share vs analysts' estimate of 41 cents/share - LSEG dat...Reuters
Thu, Oct 23
Freeport-McMoRan beats third-quarter profit estimates
Oct 23 (Reuters) - Miner Freeport-McMoRan FCX.N beat Wall Street estimate for third-quarter profit on Thursday, as higher copper prices helped offset lower production after force majeure at its Grasberg mine in Indonesia.The company reported an adjusted profit of 50 cents per share for the three mon...Reuters
Thu, Oct 23
Freeport-McMoRan rises after UBS upgrades to 'buy'
** Shares of copper miner Freeport-McMoRan FCX.N rise nearly 2% to about $39.6 in premarket trading** UBS upgrades stock to "buy" from "neutral", lifts PT to $48 from $42.5** New PT represents a 23.5% upside on stock's last close** "We forecast 2026 refined copper demand to g...Reuters
Fri, Oct 3
Indonesia expects deal soon with Freeport-McMoRan on divestment plan
JAKARTA, Oct 1 (Reuters) - Indonesia expects to soon sign a deal with Freeport-McMoRan FCX.N to give a local partner a 12% stake in its Indonesian unit PT Freeport Indonesia, the investment minister said on Wednesday, without giving a precise date.The state mining holding company MIND ID so far owns...Reuters
Wed, Oct 1
Indonesia expects deal soon with Freeport-McMoran on divestment plan
JAKARTA, Oct 1 (Reuters) - Indonesia expects to sign a deal with Freeport-McMoRan FCX.N soon regarding a plan for the firm to divest a 12% stake in its Indonesian unit PT Freeport Indonesia, the investment minister said on Wednesday.Reuters
Wed, Oct 1
Freeport-McMoRan still in talks with Indonesia over Grasberg mine rights, company says
Sept 30 (Reuters) - Freeport-McMoRan FCX.N said on Tuesday it remains in discussions with the government of Indonesia regarding rights to operate the Grasberg copper and gold mine past 2041.News reports earlier on Tuesday had indicated that Phoenix-based Freeport had agreed to divest a 12% stake in ...Reuters
Tue, Sep 30
Bernstein upgrades rating on Freeport McMoRan to 'outperform'
** Shares of copper miner Freeport McMoRan FCX.N rise 1% to $38.03 premarket** Bernstein upgrades rating on FCX to "outperform" from "market perform" ** However, brokerage lowers price target to $48.5 from $50.5; new PT still reflects a ~29% upside to the stock's last close** Bro...Reuters
Thu, Sep 25
Freeport-McMoRan slips on lower Q3 copper, gold sales forecasts
** Shares of mining company Freeport-McMoRan FCX.N down 9.7% at $40.97** Company expects consolidated sales in Q3 to be about 4% lower for copper and around 6% lower for gold than July 2025 estimates** In July, it had previously forecast Q3 consolidated sales of 1 billion pounds of copper and 350,00...Reuters
Wed, Sep 24
Freeport-McMoRan slips on lower Q3 copper, gold sales forecast
** Shares of mining company Freeport-McMoRan FCX.N down 9.1% at $41.25 premarket** Co expects consolidated sales forecast in Q3 to be about 4% lower for copper and around 6% lower for gold than July 2025 estimates** In July, it had previously forecasted Q3 consolidated sales of 1 billion pounds of c...Reuters
Wed, Sep 24
Freeport-McMoRan expects lower consolidated sales for copper, gold in third quarter
Sept 24 (Reuters) - Miner Freeport-McMoRan FCX.N said on Wednesday that it was expecting consolidated sales to be about 4% lower for copper and nearly 6% lower for gold in the third quarter, compared with its prior forecast.Reuters
Wed, Sep 24
Freeport-Mcmoran On PT Freeport Indonesia Operations Incident Says To Date, We Have Not Been Able To Locate The Workers
Sept 11 (Reuters) - Freeport-McMoRan Inc FCX.N:FREEPORT PROVIDES UPDATE ON PT FREEPORT INDONESIA OPERATIONSFREEPORT-MCMORAN INC - CONTINUES EFFORTS TO LOCATE MISSING TEAM MEMBERSFREEPORT-MCMORAN INC - EFFORTS ONGOING TO CLEAR ACCESS ROUTES IN GRASBERG BLOCK CAVEFREEPORT-MCMORAN INC - INDONESIAN AUTH...Reuters
Fri, Sep 12
Freeport-Mcmoran Climax Molybdenum Co Receives Imminent Danger Order From MSHA - SEC Filing
Sept 10 (Reuters) - Freeport-McMoRan Inc FCX.N:FREEPORT-MCMORAN INC - CLIMAX MOLYBDENUM CO RECEIVES IMMINENT DANGER ORDER FROM MSHA - SEC FILINGFREEPORT-MCMORAN INC - ORDER TERMINATED EFFECTIVE SEPT 10, 2025 - SEC FILINGFREEPORT-MCMORAN INC - NO INJURIES OCCURRED; COMPANY COOPERATES WITH MSHA - SEC ...Reuters
Wed, Sep 10
Lodge Hill Capital Dumps Freeport-McMoRan Shares Ahead of a Major Trump Decision
Key PointsLodge Hill Capital sold 587,820 shares of Freeport-McMoRan and exited the stock completely.These 10 stocks could mint the next wave of millionaires › What happenedLodge Hill Capital, LLC, disclosed in a Form 13F filed August 13, 2025, that it sold its entire stake in Freeport-McMoRan (FCX)...The Motley Fool
Fri, Aug 22
Morgan Stanley upgrades Freeport-McMoRan to 'overweight' rating
** Morgan Stanley upgrades U.S. copper miner Freeport-McMoRan FCX.N to "overweight" from "equal-weight" rating saying FCX to benefit from tariffs on majority of U.S. sales ** Brokerage expects that FCX will be able to raise pricing in its annual copper rod contracts for 2026, which a...Reuters
Mon, Aug 11
Here's Why Freeport-McMoRan Stock Crashed This Week (Hint: It's Trump Tariff-Related.)
Key PointsFreeport-McMoRan, the self-styled "America's copper champion," dominates refined copper production in the U.S.The company has global operations but benefits inordinately from a premium in the U.S. price of copper versus the international price.Despite the setback, the stock looks like a gr...The Motley Fool
Thu, Jul 31
Freeport-Mcmoran CEO Quirk Says Tariffs Will Give Us Some Additional Cash Flow In The Near Term - CNBC Interview
July 24 (Reuters) - FREEPORT-MCMORAN CEO KATHLEEN QUIRK ON TARIFFS: TARIFF WILL GIVE US SOME ADDITIONAL CASH FLOW IN THE NEAR TERM- CNBC INTERVIEWFREEPORT-MCMORAN CEO QUIRK ON TARIFFS: IT WILL GIVE US THE ABILITY TO CONTINUE TO INVEST IN THE US, WHICH WE'VE BEEN DOING AGGRESSIVELY- CNBCFREEPO...Reuters
Thu, Jul 24
Freeport-McMoRan Revenue Jumps 15% in Q2
Key Points- Revenue reached $7.58 billion, up 14.5 % year over year, beating estimates by over $390 million.- Sales volumes of both copper and gold surpassed internal guidance, with strong realized prices enhancing results.- Operating cash flow rose 12.2 % to $2.20 billion, while unit net cash costs...The Motley Fool
Wed, Jul 23
