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    Freeport-McMoRan Inc. (FCX)

    10.58 Down 1.19(10.11%) Jun 24, 4:04PM EDT
    |After Hours : 10.60 Up 0.02 (0.19%) Jun 24, 7:55PM EDT
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    Freeport-McMoRan Inc.
    333 North Central Avenue
    Phoenix, AZ 85004
    United States - Map
    Phone: 602-366-8100
    Website: http://www.fcx.com

    Index Membership:N/A
    Sector:Basic Materials
    Full Time Employees:34,500

    Business Summary 

    Freeport-McMoRan Inc., a natural resource company, acquires, explores, and develops mineral assets, and oil and natural gas resources. The company explores for copper, gold, molybdenum, cobalt hydroxide, silver, and other metals, as well as oil and gas. It holds interests in various mines located in the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, Miami, Chino, Tyrone, Henderson, and Climax in North America; Cerro Verde and El Abra in South America; and the Tenke Fungurume minerals district in the Democratic Republic of Congo, Africa. The company’s oil and gas operations include oil production facilities in the Deepwater Gulf of Mexico; oil production facilities onshore and offshore in California; onshore natural gas resources in the Haynesville shale in Louisiana; natural gas production from the Madden area in central Wyoming; and a position in the Inboard Lower Tertiary/Cretaceous natural gas trend onshore located in South Louisiana. As of December 31, 2015, its consolidated recoverable proven and probable mineral reserves included 99.5 billion pounds of copper, 27.1 million ounces of gold, 3.05 billion pounds of molybdenum, 271.2 million ounces of silver, and 0.87 billion pounds of cobalt; and its estimated proved oil and natural gas reserves totaled 252 million barrels of oil equivalents. 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 founded in 1987 and is headquartered in Phoenix, Arizona.

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    Corporate Governance 
    Freeport-McMoRan Inc.’s ISS Governance QuickScore as of Jun 1, 2016 is 6. The pillar scores are Audit: 1; Board: 8; Shareholder Rights: 2; Compensation: 8.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. Richard C. Adkerson , 69
    Vice Chairman, Chief Exec. Officer and Pres
    Ms. Kathleen L. Quirk , 52
    Chief Financial Officer, Exec. VP and Treasurer
    Mr. Michael J. Arnold , 63
    Chief Admin. Officer and Exec. VP
    Mr. James R. Moffett Jr., 78
    Consultant and Member of Advisory Board
    Mr. W. Russell King , 66
    Sr. VP of International Relations
    Amounts are as of Dec 31, 2015 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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