Freeport-McMoRan Inc. today declared a cash dividend of $0.05 per share payable on May 1, 2018 to holders of record as of April 13, 2018 for its common stock. FCX is a leading international mining company with headquarters in Phoenix, Arizona. FCX operates large, long-lived, geographically diverse assets with significant proven and probable reserves of copper, gold and molybdenum. FCX is the world’s largest publicly [...]
Freeport-McMoRan Inc. announced today that notices have been issued to redeem on April 4, 2018, $454 million aggregate principal amount of Freeport-McMoRan Inc. and Freeport-McMoRan Oil & Gas LLC senior notes. In accordance with the terms of respective indentures governing the notes, the notes will be redeemed at the redemption prices set forth in the table below, together with accrued and unpaid interest on the notes [...]
Freeport-McMoRan Inc. announced today that its Board of Directors has reinstated a cash dividend on its common stock. The Board intends to declare a quarterly dividend of $0.05 per share, with the initial quarterly dividend expected to be paid on May 1, 2018. Richard C. Adkerson, FCX’s President and Chief Executive Officer, said: “Our Board’s action to reinstate common stock dividends reflects strong [...]
Freeport-McMoRan Inc. : Net income attributable to common stock totaled $1.0 billion, $0.71 per share, for fourth-quarter 2017. After adjusting for net gains of $291 million, $0.20 per share, fourth-quarter 2017 adjusted net income attributable to common stock totaled $750 million, $0.51 per share. Consolidated sales totaled 1.0 billion pounds of copper, 593 thousand ounces of gold and 24 million pounds of molybdenum for [...]
Freeport-McMoRan Inc. announced today that notices have been issued to redeem on December 11, 2017, $617 million aggregate principal amount of Freeport-McMoRan Inc. and Freeport-McMoRan Oil & Gas LLC senior notes. In accordance with the terms of respective indentures governing the notes, the notes will be redeemed at the redemption prices set forth in the table below, together with accrued and unpaid interest on the notes [...]
Freeport-McMoRan Inc. (NYSE: FCX): Net income attributable to common stock totaled $280 million, $0.19 per share, for third-quarter 2017. After adjusting for net charges of $212 million, $0.15 per share, third-quarter 2017 adjusted net income attributable to common stock totaled $492 million, $0.34 per share. Consolidated sales totaled 932 million pounds of copper, 355 thousand ounces of gold and 22 million pounds of [...]
Freeport-McMoRan Inc. (NYSE: FCX) today provided an update on PT Freeport Indonesia's (PT-FI) negotiations with the Indonesian Government regarding PT-FI’s long term operating rights. FCX and the Government of Indonesia have reached an understanding on a framework to support PT-FI's long-term investment plans in Papua. This framework, which will require definitive documentation and FCX Board and partner approvals [...]
Freeport-McMoRan Inc. (NYSE: FCX) announced today that notices have been issued to redeem on September 18, 2017, $543 million aggregate principal amount of two series of Freeport-McMoRan Inc. (FCX) senior notes and three series of Freeport-McMoRan Oil & Gas LLC (FMOG) senior notes currently outstanding. In accordance with the terms of respective indentures governing the notes, the notes will be redeemed at the redemption [...]
Cox Oil Offshore, L.L.C. (Cox Oil), an established, privately owned, independent oil and gas company, announces the purchase of certain interests in the Gulf of Mexico Outer Continental Shelf from Freeport-McMoRan Oil & Gas (FM O&G), a subsidiary of Freeport-McMoRan Inc. (NYSE: FCX). “Cox Oil believes in the enormous potential in the Gulf of Mexico (GoM) and today marks another step forward for the future success of [...]
Freeport-McMoRan Inc. (NYSE: FCX): Net income attributable to common stock totaled $268 million, $0.18 per share, for second-quarter 2017. After adjusting for net gains of $27 million, $0.01 per share, second-quarter 2017 adjusted net income attributable to common stock totaled $241 million, $0.17 per share. Consolidated sales totaled 942 million pounds of copper, 432 thousand ounces of gold and 25 million pounds of [...]
Freeport-McMoRan Inc. (NYSE: FCX): Net income attributable to common stock totaled $228 million, $0.16 per share, for first-quarter 2017. After adjusting for net gains of $8 million, $0.01 per share, first-quarter 2017 adjusted net income attributable to common stock totaled $220 million, $0.15 per share. Consolidated sales totaled 809 million pounds of copper, 182 thousand ounces of gold and 24 million pounds of [...]
Elk Petroleum is pleased to advise that its acquisition of a ~14% working interest in the Madden Gas Field, the Madden Deep Unit Gas Field and the Lost Cabin Gas Plant in Wyoming, USA from subsidiaries of Freeport-McMoRan has closed. This follows Elk's US$10 million closing payment to FCX, confirmation of receipt of funds by FCX and release of closing documentation by FCX. - Elk has made US$10 million acquisition closing [...]
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