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Freeport-McMoran Copper & Gold, Inc. (FCX)

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Richard C. Adkerson , CEO/Director/Chairman of the Board, Subsidiary/Executive VP, Subsidiary/President/Co-Chairman, Subsidiary

www.fcx.com

Industry: Metals and Mining

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Financials

Overview

The Company is engaged in the copper, gold and molybdenum mining through its majority-owned subsidiary, PT Freeport Indonesia.

News Feeds

Freeport McMoRan lays of 95 at Chino mine in NM AP
Nov 13 2008
Freeport-McMoRan cuts molybdenum production AP
Nov 10 2008
Miner Freeport-McMoran's shares skid AP
Oct 24 2008

Press Releases

Zacks Analyst Interview Highlights: Caterpillar and Freeport McMoRan Nov-20-2008, 06:00AM EST
Beacon Equity Issues Technical Trade Alerts on Copper Stocks: PCU, FCX, OLN, SLT, WIRE, TGB Nov-14-2008, 09:20AM EST
Zacks Bull and Bear of the Day Highlights: AmBev, General Motors, Ctrip.com, Freeport McMoRan and Health Net Nov-11-2008, 06:00AM EST
Freeport-McMoRan Copper & Gold Inc. Announces Molybdenum Production Curtailment and Plans to Defer Restart of Climax Molybdenum Mine Nov-10-2008, 08:01AM EST
Seven Summits Research Releases Alerts on GOOG, FCX, MET, BBY, and KBH Oct-28-2008, 09:31AM EDT

News From Around the Web

News

Safford's sweet times suddenly turn sour as copper jobs vanish (Arizona Daily Star)

Nov 23 2008
Dow sinks to 7,553, Grand Canyon slips 15 cents after IPO (BizJournals)

Nov 22 2008
Drink In These 5 Top Stocks (Motley Fool)

Nov 21 2008
Freeport McMoRan CEO: Lower Copper, Molybdenum Output In 09 (Morningstar)

Nov 21 2008
Mine to hold seminar for employees affected by recent reductions in staffing (Eastern Arizona Courier)

Nov 21 2008
Canaccord Adams Maintains a 'Sell on Freeport McMoRan (FCX), Price Target Lowered (StreetInsider)

Nov 21 2008
Freeport-McMoRan cuts 500 at Arizona mines (East Valley Tribune, Arizona)

Nov 18 2008
Tyrone Mine announces more layoffs (NBC 4 Albuquerque (KOB))

Nov 18 2008
Freeport McMoran lays off 600 in Arizona (CBS 13 Tucson (KOLD))

Nov 18 2008
J.P. Morgan Downgrades Freeport-McMoran (FCX) to Neutral (StreetInsider)

Nov 17 2008

Blogs

Freeport to cut costs further (MineWeb)

Nov 21 2008
Stillwater platinum and Snap Lake diamond mines announce layoffs (MineWeb)

Nov 19 2008
Freeport-McMoRan eliminates 600 U.S. copper and moly jobs (MineWeb)

Nov 18 2008

Employees

Number of Employees: 25,400

Revenue per Employee: $1,891,147

Top Executives

Armando Mahler, General Manager, Subsidiary/Other Corporate Officer

C. Donald Whitmire Jr., Vice President/Chief Accounting Officer/Other Corporate Officer

Michael J. Arnold, Chief Administrative Officer/Executive VP

James R. Moffett, Chairman of the Board/Director/Other Corporate Officer/Co-Chairman, Subsidiary

Kathleen L. Quirk, CFO/Executive VP/Treasurer/Other Corporate Officer

B. M. Rankin, Jr., Vice Chairman/Director/Other Corporate Officer

Mark J. Johnson, COO, Divisional/Senior VP, Divisional

Board of Directors

Bobby Lee Lackey, Director

Dustan E. McCoy, Director

Kathleen L. Quirk, CFO/Executive VP/Treasurer/Other Corporate Officer

J. Taylor Wharton, Director

Robert A. Day, Director

J. Stapleton Roy, Director

J. Bennett Johnston, Director

General Charles C. Krulak, Director

Robert J. Allison, Jr., Director

B. M. Rankin, Jr., Vice Chairman/Director/Other Corporate Officer

James R. Moffett, Chairman of the Board/Director/Other Corporate Officer/Co-Chairman, Subsidiary

Gerald J. Ford, Director

Gabrielle K. McDonald, Director

Stephen H. Siegele, Director

Jon C. Madonna, Director

H. Devon Graham, Jr., Director

Financials

Quarterly

Annual

Income Statement	10/2008	07/2008	04/2008	01/2008
Sales	2.87 Bil.	2.72 Bil.	3.14 Bil.	2.42 Bil.
Gross Operating Profit	1.74 Bil.	2.72 Bil.	2.53 Bil.	1.76 Bil.
Operating Income before D & A (EBITDA)	1.58 Bil.	2.52 Bil.	2.4 Bil.	1.55 Bil.
Total Income Before Interest Expenses (EBIT)	1.12 Bil.	2.08 Bil.	2.4 Bil.	1.2 Bil.
Total Net Income	587 Mil.	1.01 Bil.	1.19 Bil.	478 Mil.
Basic EPS, Total	1.37	2.47	2.93	1.08
Diluted EPS, Total	1.31	2.25	2.64	1.05

BALANCE STATEMENT	10/2008	07/2008	04/2008	01/2008
Cash and Equivalents	1.2 Bil.	1.65 Bil.	1.83 Bil.	1.63 Bil.
Total Assets	6.45 Bil.	7.17 Bil.	7.02 Bil.	5.9 Bil.
Total Liabilities	3.54 Bil.	3.18 Bil.	3.36 Bil.	3.78 Bil.
Total Capitalization	27.21 Bil.	27.5 Bil.	30.82 Bil.	25.41 Bil.

Cash Flow	10/2008	07/2008	04/2008	01/2008
Net Cash From Continuing Operations	3.17 Bil.	1.62 Bil.	NA	6.22 Bil.
Net Cash From Investing Activities	-1.87 Bil.	-1.11 Bil.	NA	-14.86 Bil.
Net Cash From Financing Activities	-1.72 Bil.	-494 Mil.	NA	9.36 Bil.
Net Change in Cash & Cash Equivalents	-424 Mil.	22 Mil.	NA	719 Mil.

Income Statement	2008	2007	2006	2005
Sales	8.51 Bil.	2.53 Bil.	1.64 Bil.	1.45 Bil.
Gross Operating Profit	8.43 Bil.	3.26 Bil.	2.54 Bil.	921.41 Mil.
Operating Income before D & A (EBITDA)	7.82 Bil.	3.1 Bil.	2.44 Bil.	831.48 Mil.
Total Income Before Interest Expenses (EBIT)	6.65 Bil.	2.9 Bil.	2.17 Bil.	722.49 Mil.
Total Net Income	2.98 Bil.	1.46 Bil.	995.13 Mil.	202.27 Mil.
Basic EPS, Total	8.12	7.32	5.18	0.86
Diluted EPS, Total	7.5	6.63	4.67	0.85

BALANCE STATEMENT	2008	2007	2006	2005
Cash and Equivalents	1.63 Bil.	907.46 Mil.	763.6 Mil.	551.45 Mil.
Total Assets	5.9 Bil.	2.15 Bil.	2.02 Bil.	1.46 Bil.
Total Liabilities	3.78 Bil.	972.45 Mil.	1.37 Bil.	697.56 Mil.
Total Capitalization	25.41 Bil.	3.11 Bil.	2.85 Bil.	3.04 Bil.

Cash Flow	2008	2007	2006	2005
Net Cash From Continuing Operations	6.22 Bil.	1.87 Bil.	1.55 Bil.	341.36 Mil.
Net Cash From Investing Activities	-14.86 Bil.	-223.5 Mil.	-134.34 Mil.	-63.97 Mil.
Net Cash From Financing Activities	9.36 Bil.	-1.5 Bil.	-1.21 Bil.	-189.58 Mil.
Net Change in Cash & Cash Equivalents	719 Mil.	143.86 Mil.	212.15 Mil.	87.8 Mil.

Freeport-McMoran Copper & Gold, Inc. (FCX)

Company Information

Overview

Employees

Top Executives

Board of Directors

Financials

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