18 May 2020director interest notice● Neutral
FREEPORT-MCMORAN INC Vice Chairman, President & CEO Richard C Adkerson received 82,663 shares as part of the equity award.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
7 May 2020quarterly activities report● Neutral
FCX reported revenue of $3,054.0 million for the first quarter ended March 31, 2020.
22 Apr 2020agm notice● Neutral
FCX filed its proxy statement for the virtual annual meeting on June 3, 2020. Holders were asked to elect six directors, ratify Ernst & Young as auditor, and approve executive pay in an advisory vote.
22 Apr 2020agm notice● Neutral
FREEPORT-MCMORAN INC announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
10 Mar 2020production update▲ GoodMajor
On March 9, 2020, FCX furnished a press release titled "Freeport-McMoRan Provides Operational Update" in an 8-K. The filing itself gave no operating figures or other details.
4 Mar 2020debt financing● Neutral
FCX completed the sale of $1.3 billion of senior notes (due 2028 and 2030) and announced early tender results. It accepted all tendered 2021 notes and about 87% of the tendered 2022 notes, and it will redeem the remaining 2021 notes.
20 Feb 2020material agreement▲ Good
Just weeks before the COVID-19 market crash, FCX priced an upsized $1.3 billion of notes (2028/2030) to fund tender offers retiring up to $1.1 billion of its 2021-2024 legacy notes.
20 Feb 2020securities registration● Neutral
FREEPORT-MCMORAN INC filed a prospectus supplement for an offering off its existing shelf.
19 Feb 2020securities registration● Neutral
FREEPORT-MCMORAN INC filed a free-writing prospectus - marketing material for an offering in progress.
19 Feb 2020securities registration● Neutral
FREEPORT-MCMORAN INC filed a prospectus supplement for an offering off its existing shelf.
14 Feb 2020substantial holder notice● Neutral
Capital Research Global Investors ** reported a FREEPORT-MCMORAN INC shareholding of 90,060,943 shares (6.20% of votes) in a periodic institutional filing.
12 Feb 2020substantial holder notice● Neutral
The Vanguard Group reported a FREEPORT-MCMORAN INC shareholding of 155,987,917 shares (10.75% of votes) in a periodic institutional filing.
10 Feb 2020substantial holder notice● Neutral
BlackRock, Inc reported a FREEPORT-MCMORAN INC shareholding of 113,103,660 shares (7.80% of votes) in a periodic institutional filing.
23 Jan 2020quarterly activities report● Neutral
FCX announced its fourth-quarter and full-year 2019 results by press release on January 23, 2020, and furnished the earnings call slides.
25 Nov 2019material agreement● Neutral
FCX and its lenders amended the revolving credit facility, raising the maximum total leverage ratio from 3.75x to 5.25x for quarters through June 30, 2021, then back to 3.75x. During that period the unrestricted cash allowed to offset debt was cut from $2.5 billion to $1.25 billion.
6 Nov 2019quarterly activities report● Neutral
FREEPORT-MCMORAN INC reported quarterly revenue of $3153.0 million for the period ended 2019-09-30.
23 Oct 2019quarterly activities report● Neutral
FCX announced its third-quarter and nine-month 2019 results by press release on October 23, 2019, and furnished the earnings call slides.
15 Aug 2019debt financing● Neutral
FCX completed the sale of $600 million of 5.00% notes due 2027 and $600 million of 5.25% notes due 2029. It said it would use the proceeds to redeem its 6.875% notes due 2023 and to buy back tendered 2021 and 2022 notes.
6 Aug 2019quarterly activities report● Neutral
Freeport-McMoRan filed its second-quarter 2019 report for the period ended June 30, 2019, reporting quarterly revenue of $3,153 million.
2 Aug 2019securities registration● Neutral
FREEPORT-MCMORAN INC filed a prospectus supplement for an offering off its existing shelf.
2 Aug 2019material agreement● Neutral
FCX priced $1.2 billion of new notes (due 2027 and 2029) to redeem its 6.875% notes due 2023 and fund tender offers for other legacy notes, continuing its long-running debt-refinancing program.
1 Aug 2019securities registration● Neutral
FREEPORT-MCMORAN INC amended its automatic shelf registration statement.
1 Aug 2019securities registration● Neutral
FREEPORT-MCMORAN INC filed a free-writing prospectus - marketing material for an offering in progress.
1 Aug 2019securities registration● Neutral
FREEPORT-MCMORAN INC filed a prospectus supplement for an offering off its existing shelf.
1 Aug 2019securities registration● Neutral
FREEPORT-MCMORAN INC filed a free-writing prospectus - marketing material for an offering in progress.
24 July 2019quarterly activities report● Neutral
FREEPORT-MCMORAN INC reported quarterly revenue of $3546.0 million for the period ended 2019-06-30.
1 July 2019quarterly activities report● Neutral
Freeport-McMoRan issued an update on operations and outlook at PT Freeport Indonesia. It affirmed its April 2019 guidance for 2019 copper and gold sales volumes and gave revised second-quarter 2019 estimates.
13 June 2019agm notice● Neutral
FREEPORT-MCMORAN INC shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
10 May 2019substantial holder notice● Neutral
Capital Research Global Investors ** disclosed a new substantial FREEPORT-MCMORAN INC shareholding (10.90% of votes).
7 May 2019quarterly activities report● Neutral
Freeport-McMoRan filed its quarterly report for the three months ended March 31, 2019. It also noted the May 2019 amendment to its revolving credit facility as a subsequent event.