Freeport-McMoRan Files 8-K on Financial Results & Reg FD
Ticker: FCX · Form: 8-K · Filed: Jan 24, 2024 · CIK: 831259
| Field | Detail |
|---|---|
| Company | Freeport-Mcmoran INC (FCX) |
| Form Type | 8-K |
| Filed Date | Jan 24, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.10 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: results-of-operations, financial-condition, regulation-fd, corporate-disclosure
TL;DR
**FCX just dropped an 8-K on financial results, get ready for potential stock movement.**
AI Summary
Freeport-McMoRan Inc. (FCX) filed an 8-K on January 24, 2024, to report its results of operations and financial condition, along with a Regulation FD Disclosure. This filing, under SEC File Number 001-11307-01, indicates the company is providing important financial updates to the public. For investors, this matters because it signals that the company is about to release or has just released key financial performance data, which can significantly influence stock price and investment decisions.
Why It Matters
This filing indicates that Freeport-McMoRan is disclosing material financial information, which is crucial for investors to assess the company's health and future prospects.
Risk Assessment
Risk Level: medium — The filing itself is routine, but the undisclosed financial results it references could contain positive or negative news, creating market uncertainty.
Analyst Insight
Investors should look for the actual financial results that this 8-K is referencing, likely released concurrently or shortly after, to understand the full impact on Freeport-McMoRan's stock.
Key Numbers
- 001-11307-01 — SEC File Number (identifies the company's registration with the SEC)
- 74-2480931 — IRS Employer Identification No. (identifies the company for tax purposes)
- 602-366-8100 — Business Phone Number (contact information for the company)
- $0.10 — par value per share (par value of Freeport-McMoRan's Common Stock)
Key Players & Entities
- Freeport-McMoRan Inc. (company) — the registrant filing the 8-K
- FCX (company) — trading symbol for Freeport-McMoRan Inc.
- The New York Stock Exchange (company) — exchange where FCX Common Stock is registered
- January 24, 2024 (date) — date of earliest event reported and filing date
- 001-11307-01 (dollar_amount) — SEC File Number
FAQ
What is the primary purpose of Freeport-McMoRan Inc.'s 8-K filing on January 24, 2024?
The primary purpose of Freeport-McMoRan Inc.'s 8-K filing on January 24, 2024, is to report on 'Results of Operations and Financial Condition' and 'Regulation FD Disclosure', as indicated in the 'ITEM INFORMATION' section of the filing.
What is the trading symbol and the exchange where Freeport-McMoRan Inc.'s Common Stock is registered?
Freeport-McMoRan Inc.'s Common Stock trades under the symbol FCX and is registered on The New York Stock Exchange, as stated under 'Securities registered pursuant to Section 12(b) of the Act'.
What is the business address and phone number of Freeport-McMoRan Inc. as listed in the filing?
The business address of Freeport-McMoRan Inc. is 333 North Central Avenue, Phoenix, AZ 85004, and its telephone number is (602) 366-8100, according to the filing's cover page.
Is Freeport-McMoRan Inc. considered an emerging growth company according to this 8-K filing?
No, Freeport-McMoRan Inc. is not considered an emerging growth company, as indicated by the unchecked box next to 'Emerging growth company' under the section 'Indicate by check mark whether the registrant is an emerging growth company'.
What is the state of incorporation for Freeport-McMoRan Inc.?
Freeport-McMoRan Inc. is incorporated in Delaware, as specified on the cover page of the 8-K filing under 'State or other jurisdiction of incorporation'.
Filing Stats: 558 words · 2 min read · ~2 pages · Grade level 9.6 · Accepted 2024-01-24 08:10:55
Key Financial Figures
- $0.10 — ch registered Common Stock, par value $0.10 per share FCX The New York Stock Exch
Filing Documents
- fcx-20240124.htm (8-K) — 25KB
- a4q2023exhibit991.htm (EX-99.1) — 2657KB
- fcx_4q23xccxfinal.htm (EX-99.2) — 55KB
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02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. Freeport-McMoRan Inc. (FCX) issued a press release dated January 24, 2024, announcing its fourth-quarter and year ended 2023 financial and operating results. A copy of the press release is furnished hereto as Exhibit 99.1.
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. The slides to be presented in connection with FCX's previously announced fourth-quarter 2023 earnings conference call being webcast on the internet at 10:00 a.m. Eastern Time on January 24, 2024, are furnished hereto as Exhibit 99.2. The information furnished pursuant to Item 2.02 and Item 7.01 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Exhibit Title 99.1 Press release dated January 24, 2024, titled "Freeport-McMoRan Reports Fourth-Quarter and Year Ended 2023 Results." 99.2 Slides presented in connection with FCX's fourth-quarter 2023 earnings conference call conducted via the internet on January 24, 2024. 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Freeport-McMoRan Inc. By: /s/ Ellie L. Mikes ---------------------------------------- Ellie L. Mikes Vice President and Chief Accounting Officer (authorized signatory and Principal Accounting Officer) Date: January 24, 2024