Richard Adkerson - Freeport McMoran Chairman

FCX Stock  USD 50.16  0.34  0.68%   

Chairman

Mr. Richard C. Adkerson serves as Vice Chairman of the Board, President, Chief Executive Officer of the Company. Mr. Adkerson is Chief Executive Officer of the company since December 2003. President of the company since January 2008 and from April 1997 to March 2007. Chief Financial Officer of the company from October 2000 to December 2003. Vice Chairman of the Board of the company since May 2013. Vice Chairman of our former parent company from 1995 to 1997. Partner in Arthur Andersen Co. from 1978 to 1989 where he served as a Managing Director and head of the firms global oil and gas industry services. Professional Accounting Fellow with the Securities and Exchange Commission and Presidential Exchange Executive from 1976 to 1978. Mr. Adkerson is a recognized business leader in the mining industry, making him highly qualified to serve as a Vice Chairman of the Board of the company. As President and Chief Executive Officer of our company, he has demonstrated exceptional leadership abilities in developing and executing a financial strategy that has benefited our stockholders and in building an operational, financial and administrative organization that efficiently supports our business. Mr. Adkerson is recognized as a mining industry leader, having served as past Chairman of the International Council on Mining and Metals and on the Executive Board of the International Copper Association since 2021.
Age 77
Tenure 3 years
Professional MarksMBA
Address 333 North Central Avenue, Phoenix, AZ, United States, 85004-2189
Phone602 366 8100
Webhttps://fcx.com
Adkerson’s strong leadership skills and executive management experiences are instrumental in fostering strong relationships with business partners, key customers, suppliers and host governments, thereby enabling him to guide the company’s business strategy. He holds a B.S. in Accounting with highest honors and an M.B.A. from Mississippi State University and completed the Advanced Management Program at Harvard Business School.

Freeport McMoran Management Efficiency

The company has Return on Asset of 0.0746 % which means that on every $100 spent on assets, it made $0.0746 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1438 %, implying that it generated $0.1438 on every 100 dollars invested. Freeport McMoran's management efficiency ratios could be used to measure how well Freeport McMoran manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to rise to 0.06 in 2024. Return On Capital Employed is likely to rise to 0.20 in 2024. At this time, Freeport McMoran's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 40.4 B in 2024, despite the fact that Non Currrent Assets Other are likely to grow to (2.2 B).
The company has 9.85 B in debt with debt to equity (D/E) ratio of 0.44, which is OK given its current industry classification. Freeport McMoran Copper has a current ratio of 2.51, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Freeport McMoran until it has trouble settling it off, either with new capital or with free cash flow. So, Freeport McMoran's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Freeport McMoran Copper sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Freeport to invest in growth at high rates of return. When we think about Freeport McMoran's use of debt, we should always consider it together with cash and equity.

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Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. Freeport-McMoRan Inc. was incorporated in 1987 and is headquartered in Phoenix, Arizona. Freeport Mcmoran operates under Copper classification in the United States and is traded on New York Stock Exchange. It employs 24700 people. Freeport McMoran Copper Gold (FCX) is traded on New York Stock Exchange in USA. It is located in 333 North Central Avenue, Phoenix, AZ, United States, 85004-2189 and employs 27,200 people. Freeport McMoran is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Freeport McMoran Copper Leadership Team

Elected by the shareholders, the Freeport McMoran's board of directors comprises two types of representatives: Freeport McMoran inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Freeport. The board's role is to monitor Freeport McMoran's management team and ensure that shareholders' interests are well served. Freeport McMoran's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Freeport McMoran's outside directors are responsible for providing unbiased perspectives on the board's policies.
Kathleen Quirk, Chief Financial Officer, Executive Vice President
James Moffett, Chairman and Chairman of Dividend Committee
Russell King, Senior Affairs
Maree Robertson, Chief Financial Officer, Senior Vice President
Marcela Donadio, Independent Director
Robert Day, Independent Director
Bertrand II, Chief VP
Michael Arnold, Chief Admin. Officer and Executive VP
Douglas II, Senior Counsel
Mark Kidder, Executive Vice President - Operations of FM O&G
Courtney Mather, Independent Director
David Joint, Director - Investor Relations
Andrew Langham, Independent Director
Stephen Higgins, Senior Officer
Ryan Lance, Independent Director
Lydia Kennard, Independent Director
Robert Dudley, Independent Director
Sara Lewis, Independent Director
Joshua Olmsted, President and Chief Operating Officer – Americas
Hugh Grant, Independent Director
Ellie Mikes, VP Officer
Gerald Ford, Independent Non-Executive Chairman of the Board
Dustan McCoy, Lead Independent Director
Frances Townsend, Independent Director
Pamela Masson, VP Officer
David Abney, Independent Director
Harry Conger, President and Chief Operating Officer - Americas
Richard Adkerson, Vice Chairman, CEO and President and Member of Dividend Committee
Jon Madonna, Independent Director
John Stephens, Independent Director

Freeport Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Freeport McMoran a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Freeport McMoran Investors Sentiment

The influence of Freeport McMoran's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Freeport. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Freeport McMoran's public news can be used to forecast risks associated with an investment in Freeport. The trend in average sentiment can be used to explain how an investor holding Freeport can time the market purely based on public headlines and social activities around Freeport McMoran Copper Gold. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Freeport McMoran's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Freeport McMoran's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Freeport McMoran's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Freeport McMoran.

Freeport McMoran Implied Volatility

    
  75.94  
Freeport McMoran's implied volatility exposes the market's sentiment of Freeport McMoran Copper Gold stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Freeport McMoran's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Freeport McMoran stock will not fluctuate a lot when Freeport McMoran's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Freeport McMoran in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Freeport McMoran's short interest history, or implied volatility extrapolated from Freeport McMoran options trading.

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When determining whether Freeport McMoran Copper offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Freeport McMoran's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Freeport Mcmoran Copper Gold Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Freeport Mcmoran Copper Gold Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Freeport McMoran Copper Gold. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Freeport McMoran Copper information on this page should be used as a complementary analysis to other Freeport McMoran's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

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When running Freeport McMoran's price analysis, check to measure Freeport McMoran's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Freeport McMoran is operating at the current time. Most of Freeport McMoran's value examination focuses on studying past and present price action to predict the probability of Freeport McMoran's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freeport McMoran's price. Additionally, you may evaluate how the addition of Freeport McMoran to your portfolios can decrease your overall portfolio volatility.
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Is Freeport McMoran's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Freeport McMoran. If investors know Freeport will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Freeport McMoran listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.45)
Dividend Share
0.6
Earnings Share
1.28
Revenue Per Share
15.938
Quarterly Revenue Growth
0.026
The market value of Freeport McMoran Copper is measured differently than its book value, which is the value of Freeport that is recorded on the company's balance sheet. Investors also form their own opinion of Freeport McMoran's value that differs from its market value or its book value, called intrinsic value, which is Freeport McMoran's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Freeport McMoran's market value can be influenced by many factors that don't directly affect Freeport McMoran's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Freeport McMoran's value and its price as these two are different measures arrived at by different means. Investors typically determine if Freeport McMoran is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freeport McMoran's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.