Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) today declared a cash dividend of $0.3125 per share payable on May 1, 2014 to holders of record as of April 15, 2014 for its common stock. FCX is a premier U.S.-based natural resource company with an industry leading global portfolio of mineral assets, significant oil and gas resources and a growing [...]
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) today announced that its oil & gas segment, Freeport-McMoRan Oil & Gas (FM O&G), was the apparent high bidder on 20 tracts in the Central Gulf of Mexico Oil and Gas Lease Sale 231 with a total investment of approximately $330 million net to FM O&G. The bids are subject to approval by the U.S. Bureau [...]
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX): Net income attributable to common stock for fourth-quarter 2013 totaled $707 million, $0.68 per share, compared with net income of $743 million, $0.78 per share, for fourth-quarter 2012. Net income attributable to common stock for the year 2013 totaled $2.7 billion, $2.64 per share, compared with [...]
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) announced today that it has entered into restructured employment arrangements with its President and Chief Executive Officer, Richard C. Adkerson. FCX and Mr. Adkerson have mutually agreed to terminate Mr. Adkerson’s employment agreement, including Mr. Adkerson’s rights to any specified salary, bonus [...]
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) today declared a cash dividend of $0.3125 per share payable on February 3, 2014 to holders of record as of January 15, 2014 for its common stock. FCX is a premier U.S.-based natural resource company with an industry leading global portfolio of mineral assets, significant oil and gas resources and a [...]
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) announced today the appointment of Lydia H. Kennard and Frances Fragos Townsend to its Board of Directors. Lydia H. Kennard, age 59, has over 30 years of executive and operational experience in aviation, construction management and real estate development. She is the President and CEO of KDG [...]
Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX): Net income attributable to common stock totaled $821 million, $0.79 per share for third-quarter 2013, compared with net income of $824 million, $0.86 per share, for third-quarter 2012. Net income attributable to common stock for the first nine months of 2013 totaled $2.0 billion, $1.96 per share [...]
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) announced today a notice to redeem on November 15, 2013 at par all of the outstanding McMoRan Exploration Co. 11.875% Senior Notes due 2014 (“Notes”). Approximately $299.2 million aggregate principal amount of Notes is currently outstanding. Holders of record will receive the principal amount [...]
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) today declared a cash dividend of $0.3125 per share payable on November 1, 2013 to holders of record as of October 15, 2013 for its common stock. FCX is a premier U.S.-based natural resource company with an industry leading global portfolio of mineral assets, significant oil and gas resources and a [...]
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) announced today with great sadness that co-founder B.M. “Mack” Rankin, Vice Chairman and a member of its Board of Directors, died yesterday at the age of 83 after a courageous battle with cancer. Mr. Rankin co-founded McMoRan Oil & Gas Co. in 1969 with James R. Moffett and W. K. McWilliams (deceased [...]
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) During second-quarter 2013, FCX completed its $19 billion acquisitions of Plains Exploration & Production Company (PXP) and McMoRan Exploration Co. (MMR), creating a premier U.S.-based natural resource company. FCX's second-quarter 2013 financial results include PXP's operations beginning June 1 [...]
