Freeport reports third-quarter 2026 net income of $1.2 billion
The company generated $2.0 billion in operating cash flow and announced a $0.15 per share dividend alongside continued share repurchases.
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Copper, gold, and molybdenum mining company
fcx.comLast updated
In short: Freeport reported third-quarter net income of $1.2 billion amid surging copper prices and announced major expansions.
The company generated $2.0 billion in operating cash flow and announced a $0.15 per share dividend alongside continued share repurchases.
Consolidated copper and gold production met expectations. Sales faced timing impacts, and unit costs rose slightly due to deferred gold sales.
The board declared $0.15 per share, combining base and variable components, payable on November 2 to October 15 record holders.
Net income $984M, copper sales 710M lbs, Grasberg ramp-up on track.
The mining company on Tuesday posted a third-quarter profit of $1.17 billion, or 81 cents a share, compared with $674 million, or 46 cents a...
Southern Copper (SCCO:NYSE) sank 7.3% on Thursday, two days after reporting the best quarter in its history. Freeport-McMoRan (FCX:NYSE) fell 6.3% and Teck Resources (TECK...
IndustriALL Global Union again urges Freeport to negotiate with CEMWU SPSI rather than continue down its current path of conflict, which is devastating the families...
Freeport-McMoRan reported Q3 adjusted earnings and revenue that beat expectations, driven by favorable pricing for its products, particularly for copper and molybdenum.
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