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Freeport Mcmoran Copper Gold

**General Information about Freeport-McMoRan Copper & Gold Inc. (FCX)**

**Company Profile:**

* Freeport-McMoRan Copper & Gold Inc. is a leading global mining company focused on copper, gold, and molybdenum production.

* It operates mines in North America, South America, and Indonesia.

* The company is headquartered in Phoenix, Arizona, USA.

**Stock Exchange:**

* Freeport-McMoRan Copper & Gold is listed on the New York Stock Exchange (NYSE) under the ticker symbol "FCX".

**Key Financial Metrics (as of March 8, 2023):**

* **Market Capitalization:** $50.74 billion

* **Revenue (2022):** $24.37 billion

* **Net Income (2022):** $10.37 billion

* **Earnings Per Share (2022):** $6.03

**Industry:**

* Mining

* Copper and Gold Production

**Major Shareholders:**

* The Vanguard Group, Inc. (10.1%)

* BlackRock Fund Advisors (8.2%)

* State Street Corporation (7.1%)

**Dividend Policy:**

* Freeport-McMoRan has a variable dividend policy.

* The company pays dividends on a quarterly basis.

* The current dividend yield is approximately 1.5%.

**Management:**

* **CEO:** Richard C. Adkerson

* **President and Chief Operating Officer:** Kathleen L. Quirk

**Recent Developments:**

* In 2023, Freeport-McMoRan announced plans to acquire the remaining 49% interest in the Tenke Fungurume copper mine in the Democratic Republic of Congo.

* The company has also been investing in renewable energy projects to reduce its carbon footprint.

**Competitors:**

* BHP Group

* Rio Tinto

* Glencore

* Anglo American