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FCX
Freeport-McMoRan Inc.
+42%
+3.6% per year

Past performance does not guarantee future results. The data presented is indicative and may not be updated in real-time.

Country US
Exchange NYSE
Industry Copper
Sector Basic Materials
Market Cap $55.42B
CEO Ms. Kathleen Lynne Quirk

Freeport-McMoRan Inc. is a company that digs up valuable minerals and metals. They mainly look for copper and gold, but they also find other things like silver and oil. Their mining operations are located in different places, including the United States, Peru, and Indonesia. Basically, they help provide important resources that are used in many everyday products, like electronics and construction materials.

Streams of revenue

Copper Cathode: 30%
Copper In Concentrates: 26%
Gold: 20%
Refined Copper Products: 15%
Molybdenum: 7%
Purchased Copper: 2%

Geographic Distribution

North America: 58%
South America: 42%

Core Products

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Gold Precious metal
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Copper Electrical conductor
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Molybdenum Alloying agent

Business Type

B2B Business to Business

Competitive Advantages

⛏️
Resource Richness Freeport-McMoRan owns some of the largest and most productive copper and gold mines in the world, providing a significant resource advantage.
🔗
Vertical Integration The company's involvement in both mining and oil and gas operations allows for cross-utilization of resources and risk mitigation.
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Operational Expertise With decades of experience in mining and resource extraction, Freeport-McMoRan has developed advanced operational efficiencies and expertise.
🏆
Strong Market Position As a major player in the copper industry, Freeport-McMoRan benefits from economies of scale and a strong bargaining position with suppliers and customers.
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Geographic Diversification The company's operations span multiple continents, reducing risk and providing access to diverse markets and resources.

Key Business Risks

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Operational Risks Mining operations face risks related to equipment failure, accidents, and labor disputes that can halt production.
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Geopolitical Risks Operations in politically unstable regions, particularly in Indonesia and South America, can disrupt production and supply chains.
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Regulatory Changes Changes in mining regulations or environmental laws can lead to increased operational costs and compliance requirements.
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Environmental Impact Environmental concerns and potential liabilities from mining activities can lead to reputational damage and legal issues.
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Commodity Price Volatility Fluctuations in copper and gold prices can significantly impact revenue and profitability.

Meeting Expectations

8 /10

Higher values indicate better execution and credibility

Recent Results

Missed earnings 2025-01-23
Beat earnings 2024-10-22
Beat earnings 2024-07-23
Beat earnings 2024-04-23
Beat earnings 2024-01-24
Beat earnings 2023-10-19
Beat earnings 2023-07-20
Beat earnings 2023-04-21
Beat earnings 2023-01-25
Missed earnings 2022-10-20

Takeaways

Freeport-McMoRan Inc. has a strong market position in copper and gold mining, backed by significant assets and a diversified portfolio, which enhances its growth potential. However, exposure to commodity price fluctuations and geopolitical risks in its international operations present notable challenges.

Historical data shows an impressive CAGR compared with the USA stock market average, reflecting a strong market position.

Yearly Return 10Y annualized return is positive but below market average at 3.6% per year
Earnings Expectations FCX has met or exceeded earnings expectations in the majority of recent quarters (8/10)

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