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    Freeport-McMoRan Inc. (FCX)

    8.27 Up 0.09(1.10%) 12:23PM EST - Nasdaq Real Time Price
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    Freeport-McMoRan Inc.
    333 North Central Avenue
    Phoenix, AZ 85004-2189
    United States - Map
    Phone: 602-366-8100
    Website: http://www.fcx.com

    Index Membership:N/A
    Sector:Basic Materials
    Full Time Employees:35,000

    Business Summary 

    Freeport-McMoRan Inc., a natural resource company, engages in the acquisition of mineral assets, and oil and natural gas resources. It primarily explores for copper, gold, molybdenum, cobalt, silver, and other metals, as well as oil and gas. The company operates through North America Copper Mines; South America Mining; Indonesia Mining; Africa Mining; Molybdenum Mines; United States (U.S.) Oil and Gas Operations; Rod & Refining; and Atlantic Copper Smelting & Refining segments. 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 Tenke Fungurume minerals district in Africa. The company’s oil and gas operations include oil production facilities in the Deepwater Gulf of Mexico (GOM); oil production facilities onshore and offshore California; onshore natural gas resources in the Haynesville shale play in Louisiana; natural gas production from the Madden area in central Wyoming; and a position in the Inboard Lower Tertiary/Cretaceous natural gas trend located in the shallow waters of the GOM and onshore in South Louisiana. As of December 31, 2014, its consolidated recoverable proven and probable mineral reserves included 103.5 billion pounds of copper, 28.5 million ounces of gold, 3.11 billion pounds of molybdenum, 282.9 million ounces of silver, and 0.85 billion pounds of cobalt; and its estimated proved oil and natural gas reserves totaled 390 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 Nov 1, 2015 is 6. The pillar scores are Audit: 1; Board: 9; Shareholder Rights: 2; Compensation: 8.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. James R. Moffett Jr., 77
    Chairman and Chairman of Dividend Committee
    Mr. Richard C. Adkerson , 68
    Vice Chairman, Chief Exec. Officer, Pres and Member of Dividend Committee
    Ms. Kathleen L. Quirk , 51
    Chief Financial Officer, Exec. VP and Treasurer
    Mr. Michael J. Arnold , 62
    Chief Admin. Officer and Exec. VP
    Mr. L. Richards McMillan , 68
    Sr. VP and Gen. Counsel
    Amounts are as of Dec 31, 2014 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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