Company

Freeport-McMoRan Inc.

Headquarters: Phoenix, AZ, United States

Founded: 1912

Employees: 24,700

CEO: Mr. Richard C. Adkerson

NYSE: FCX +0.75%

Market Cap

$58.59 Billion

USD as of Jan. 1, 2024

history Market Cap History

Freeport-McMoRan Inc. market capitalization over time

Evolution of Freeport-McMoRan Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of Freeport-McMoRan Inc.

Detailed Description

Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. The company primarily explores for copper, gold, molybdenum, silver, and other metals, as well as oil and gas. Its assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Tyrone and Chino in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile. The company also operates a portfolio of oil and gas properties primarily located in offshore California and the Gulf of Mexico. As of December 31, 2021, it operated approximately 135 wells. The company was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its name to Freeport-McMoRan Inc. in July 2014. Freeport-McMoRan Inc. was incorporated in 1987 and is headquartered in Phoenix, Arizona.

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Product & Services

CopperGoldMolybdenum

Key People

Founder(s): Eric Pierson Swenson, et al

Gerald J. Ford, Chairman Richard Adkerson, President & CEO Kathleen L. Quirk, CFO

Financials

Revenue: US$14.198 Billion (Fiscal Year Ended 31 December 2020)

Operating income: US$2.437 Billion (Fiscal Year Ended 31 December 2020)

Net income: US$0.599 Billion (Fiscal Year Ended 31 December 2020)


Total assets: US$42.144 Billion (Fiscal Year Ended 31 December 2020)

Total equity: US$18.668 Billion (Fiscal Year Ended 31 December 2020)

Details

Headquarters:

333 North Central Avenue

Phoenix, AZ 85004-2189

United States

Phone: 602-366-8100