Freeport-McMoRan

Freeport-McMoRan is a holding company. Through its subsidiaries, the company is a mining company. The company operates assets with proven and probable reserves of copper, gold and molybdenum, and the company is a publicly traded copper producer. The company's portfolio of assets includes the Grasberg minerals district in Indonesia, a copper and gold deposits; and mining operations in the Americas, including the Morenci minerals district in North America and the Cerro Verde operation in South America. The company has organized its mining operations into four primary divisions: North America copper mines, South America mining, Indonesia mining and Molybdenum mines.
  • TickerFCX
  • ISINUS35671D8570
  • ExchangeNew York Stock Exchange
  • SectorIndustrial Metals & Mining
  • CountryUnited States

Analysts

Moody's assigns Ba1 rating to FCX's new notes

Rating Action: Moody's assigns Ba1 rating to FCX's new notes. Global Credit Research- 19 Feb 2020. New York, February 19, 2020-- Moody's Investors Service, assigned a Ba1 rating to Freeport-McMoRan Inc's new guaranteed senior unsecured notes due in 2028 and 2030. The notes will be issued under the company's well-known seasoned issuer shelf registration, rated Ba1 for senior unsecured debt securities.

Moody's assigns Ba1 rating to FCX's new notes

Rating Action: Moody's assigns Ba1 rating to FCX's new notes. Global Credit Research- 19 Feb 2020. New York, February 19, 2020-- Moody's Investors Service, assigned a Ba1 rating to Freeport-McMoRan Inc's new guaranteed senior unsecured notes due in 2028 and 2030. The notes will be issued under the company's well-known seasoned issuer shelf registration, rated Ba1 for senior unsecured debt securities.

Freeport-McMoRan Inc. - September 2019 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Freeport-McMoRan Inc.: Covenant Quality Post-Sale Snapshot: $1.2bn: $600m 5.00% Senior Notes due 2027/ $600m 5.25% Senior Notes due 2029

The Notes being issued by Freeport-McMoRan Inc. offer middle-tier HY-lite protection (CQ5-Lite).

Moody's announces completion of a periodic review of ratings of Freeport-McMoRan Inc.

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Freeport-McMoRan Inc.. Global Credit Research- 23 Sep 2019. New York, September 23, 2019-- Moody's Investors Service has completed a periodic review of the ratings of Freeport-McMoRan Inc. and other ratings that are associated with the same analytical unit.

Freeport-McMoRan Inc. - June 2019 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Feasibility Study Results in December to be a Catalyst for this Junior

Feasibility Study Results in December to be a Catalyst for this Junior