Freeport-McMoRan Inc.

$ 68.68 -0.56 %

Freeport-McMoRan Inc. is a prominent mining enterprise conducting extensive operations across North America, South America, and Indonesia. The company primarily focuses on the exploration and extraction of key mineral resources such as copper, gold, molybdenum, and silver, alongside other valuable metals. Additionally, it maintains a significant presence in the oil and gas sector. Its diverse portfolio of assets features the notable Grasberg minerals district in Indonesia; numerous sites in the United States including Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Tyrone and Chino in New Mexico; and Henderson and Climax in Colorado. In South America, its holdings include Cerro Verde in Peru and El Abra in Chile. Beyond its mineral interests, Freeport-McMoRan operates a collection of oil and gas properties, predominantly situated off the coasts of California and in the Gulf of Mexico, managing approximately 135 wells as of December 31, 2021. Founded in 1987 and headquartered in Phoenix, Arizona, the company adopted its current name, Freeport-McMoRan Inc., in July 2014, having previously operated as Freeport-McMoRan Copper & Gold Inc.

CEO: Kathleen Lynne Quirk - https://fcx.com

Price objectif

$71.44 4.03 %

Recommandation

Buy

DCF

$ 0.70

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FCX vs S&P500

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Quick ratio

1.13

suggests a healthy liquidity position, showing that the company can likely meet its short-term obligations.

P/E ratio

36.34

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

1.89

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

14.52 %

reflects reasonable profitability, showing good use of equity.

ROIC

9.15 %

does not generate enough return to cover its financing costs, which indicates value destruction and may pose long-term profitability issues.

WACC

9.71

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.53

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

4.33

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

8.23 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
7 indicates good financial health
Altman score
3.24 indicates good financial health and low risk of bankruptcy
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Cash / Debt

Cash Ratio
0.68 indicates that the company has a moderate ability to cover its short-term debts with its cash
Debt Ratio
0.18 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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