FCX NYSE
Credit Risk of going bust: lower than 61% of companies Debt: 10.0% of company value Bonds: $100.1M held by 275 funds, 71 bp over Treasuries → details ▾
If the stock fell to about $0.73 (down 99%), Freeport-McMoRan Inc. would be worth roughly what it owes.
Total debt $10.36B against a stock market value of $93.67B.
Distance to default 6.33 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $5.30B (short-term plus half of long-term), stock volatility 47.7%; Altman Z 3.07. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.
Phoenix, AZ 85040-8852
US
Freeport-McMoRan Inc. is a prominent mining enterprise conducting extensive operations across North America, South America, and Indonesia. The company primarily focuses on the exploration and extraction of key mineral resources such as copper, gold, molybdenum, and silver, alongside other valuable metals. Additionally, it maintains a significant presence in the oil and gas sector. Its diverse portfolio of assets features the notable Grasberg minerals district in Indonesia; numerous sites in the United States including Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Tyrone and Chino in New Mexico; and Henderson and Climax in Colorado. In South America, its holdings include Cerro Verde in Peru and El Abra in Chile. Beyond its mineral interests, Freeport-McMoRan operates a collection of oil and gas properties, predominantly situated off the coasts of California and in the Gulf of Mexico, managing approximately 135 wells as of December 31, 2021. Founded in 1987 and headquartered in Phoenix, Arizona, the company adopted its current name, Freeport-McMoRan Inc., in July 2014, having previously operated as Freeport-McMoRan Copper & Gold Inc.
Recent Insider Trades
| Name | Type | Shares | Price | Date |
|---|---|---|---|---|
| GRANT HUGH | A-Award | 482 | $70.00 | 2026-10-01 |
| STEPHENS JOHN JOSEPH | A-Award | 294 | $70.00 | 2026-10-01 |
| KENNARD LYDIA H | S-Sale | 3,798 | $79.11 | 2026-08-27 |
| Currault Douglas N. | M-Exempt | 15,000 | $28.14 | 2026-08-25 |
| Currault Douglas N. | M-Exempt | 15,000 | $28.14 | 2026-08-25 |