Operator · Gulf Of Mexico (GOM) & Haynesville Shale
Freeport-Mcmoran Inc.
32 articles mentioning Freeport-Mcmoran Inc. · Page 1 of 2
Freeport-McMoRan's GOM, California Sales Focus of Q3; Minimal Spending
Freeport-McMoRan has reported its third quarter 2016 results.
Freeport-McMoRan Makes Two Quiet Asset Sales in 2Q; Focuses on GOM
Freeport-McMoRan Inc. has reported its second quarter 2016 results.
Freeport to Place 4 Wells on Production in 2016
Capital expenditures are expected to ~ $1.5 billion for oil and gas operations.
Freeport-McMoRan Oil & Gas Divisition Restructures
The changes are being undertaken to reduce costs, streamline functions and to enhance capital allocation across FCX’s global business in a manner consistent with FCX’s debt reduction initiatives.
Freeport-McMoRan to Defer Activity, Idle Drillships
Freeport-McMoRan Inc. has reported its fourth quarter and year-end 2015 results.
Freeport-McMoRan Details Chairman Succession Plan
Freeport-McMoRan Inc. announced that James R. Moffett, Chairman of the Board, co-founder, and long-time executive, will step down from FCX’s Board of Directors and as Executive Chairman.
Major GOM/Haynesville Operator Seeks Buyer; Production 144 MBOE/d
The company is exploring a possible sale of its entire oil and gas division or individual assets.
Freeport-McMoran Cuts 2016 Spending; Haynesville, Gulf of Mexico
As previously reported on August 5, 2015, Freeport-McMoRan Oil & Gas (FM O&G) is deferring investments in several long-term projects in response to oil and gas market conditions.
Freeport-McMoRan to Chop 2016 Budget; Focuses on GOM
During third-quarter 2015, FCX took aggressive actions to enhance the outlook for free cash flow generation at low commodity prices.
Freeport-McMoRan Reviewing Oil & Gas Biz; Shrinks Board
Freeport-McMoRan Inc. has reduced the size of its Board from sixteen to nine members and is undertaking a review of strategic alternatives for its oil and gas business.
Freeport-McMoRan Adds Icahn Directors to Board
In connection with this agreement, Andrew Langham and Courtney Mather have been appointed to FCX’s Board of Directors.
Freeport-McMoRan Hits Pay at GOM Horn Mountain Well
Initial production from this well, which will be tied back to existing facilities, is expected in first half 2017.
Freeport-McMoRan Makes Further Budget Cuts; Talks 2016 Outlook
Since late 2014, FCX has reduced its consolidated 2015 capital expenditure budget from $7.5 billion to $6.3 billion.
Freeport-McMoRan Cutting Capex Plans Through 2017
In response to current oil and gas market conditions, Freeport-McMoRan Oil and Gas (FM O&G) is deferring investments in several long-term projects.
Freeport-McMoRan Initiates Cost Reduction Review
The company expects to complete this review promptly and will report its revised plans during the third quarter of 2015.
Freeport Concentrates Efforts on GOM Growth; Updates Onshore Ops
During second-quarter 2015, FM O&G achieved several important accomplishments, principally in its Deepwater GOM focus areas, that are expected to contribute to future growth.
Freeport-McMoRan Names CEO of Oil & Gas Branch
Freeport-McMoRan Inc. announced changes to its mining and oil and gas organizational structure to implement increased responsibilities for certain members of its senior management team.
Freeport-McMoRan Eyes IPO of Oil & Gas Subsidiary
FM O&G intends to apply to list the common stock on the New York Stock Exchange under the ticker “FMOG.”
Freeport-McMoRan Mulling Sale of Stake in Oil Unit
The sale would help the company lessen its debt as commodity prices continue to dampen operations worldwide.
Freeport-McMoRan Talks Deepwater GoM Discoveries; 1Q Results
Freeport-McMoRan Inc. reported a net loss attributable to common stock of $2.5 billion, $2.38 per share, for first-quarter 2015.