Exploration & Production | Quarterly / Earnings Reports | Fourth Quarter (4Q) Update
Freeport-McMoRan Sees Strong Q4; Credits GoM, Onshore Projects
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Freeport-McMoRan Copper & Gold Inc. has reported its results for the fourth quarter and year-end of 2013.
Highlights: Net income attributable to common stock for fourth-quarter 2013 totaled $707 million, $0.68 per share, compared with net income of $743 million, $0.78 per share, for fourth-quarter 2012. Net income attributable to common stock for the year 2013 totaled $2.7 billion, $2.64 per share, compared with $3.0 billion, $3.19 per share, for the year 2012. Consolidated sales for fourth-quarter 2013 totaled 1.14 billion pounds of copper, 512 thousand ounces of gold, 22 million pounds of molybdenum and 16.6 million barrels of oil equivalents (MMBOE), compared with 972 million pounds of copper, 254 thousand ounces of gold and 21 million pounds of molybdenum for fourth-quarter 2012…- ✓ Full news archive — U.S., Canada & international coverage
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