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Freeport-McMoRan Touts Deepwater, U.S. Onshore Opportunities in Q3

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Freeport-McMoRan Touts Deepwater, U.S. Onshore Opportunities in Q3

Freeport-McMoRan Copper & Gold Inc. has reported its third quarter 2013 financial and operational results.

Highlights: Net income attributable to common stock totaled $821 million, $0.79 per share for third-quarter 2013, compared with net income of $824 million, $0.86 per share, for third-quarter 2012. Net income attributable to common stock for the first nine months of 2013 totaled $2.0 billion, $1.96 per share, compared with $2.3 billion, $2.41 per share, for the first nine months of 2012. Consolidated sales for third-quarter 2013 totaled 1.04 billion pounds of copper, 305 thousand ounces of gold, 23 million pounds of molybdenum and 16.5 million barrels of oil equivalents (MMBOE). For the year 2013, sales are expected to approximate 4.1 billion pounds of copper, 1.1 million ounces of…
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