FCX - Freeport-McMoRan Inc.

NYSE - Nasdaq Real Time Price. Currency in USD

Freeport-McMoRan Inc.

333 North Central Avenue
Phoenix, AZ 85004
United States
602-366-8100
http://www.fcx.com

SectorBasic Materials
IndustryCopper
Full Time Employees26,800

Key Executives

NameTitlePayExercisedYear Born
Mr. Richard C. AdkersonVice Chairman, Pres & CEO4.61MN/A1947
Ms. Kathleen Lynne QuirkExec. VP & CFO2.18MN/A1964
Mr. Harry Milton Conger IVPres & COO of Americas1.59MN/A1956
Mr. Stephen T. HigginsSr. VP & Chief Admin. OfficerN/AN/AN/A
Mr. L. Richards McMillan IISr. VP & Gen. CounselN/AN/A1947
Amounts are as of December 31, 2018 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.

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. It also operates a portfolio of oil and gas assets comprising oil and natural gas production onshore in South Louisiana; and oil production offshore California. As of December 31, 2018, the company's estimated consolidated recoverable proven and probable mineral reserves totaled 119.6 billion pounds of copper, 30.8 million ounces of gold, and 3.78 billion pounds of molybdenum, as well as estimated proved developed oil and natural gas reserves totaled 7.2 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.

Corporate Governance

Freeport-McMoRan Inc.’s ISS Governance QualityScore as of June 25, 2019 is 4. The pillar scores are Audit: 2; Board: 7; Shareholder Rights: 3; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.