60/100BFreeport-McMoran company profile
- CEO
- Kathleen L. Quirk
- Employees
- 29,000
- Headquarters
- 4340 E. Cotton Center Blvd., Phoenix, AZ 85040-8852, US
- Sector
- Basic Materials
- Industry
- Copper
- IPO date
- 10 Jul 1995
- Stock exchange
- NYSE
- ISIN
- US35671D8570
Website:fcx.com
About the company
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.
Employees
Freeport-McMoran had about 29,000 employees at the end of fiscal year 2025 (31 December 2025), by its annual report. That is 1.8% more than a year before.
Employees at each fiscal year end, as the company reports them in its annual report (10-K); revenue and net income per employee are the fiscal year's over that count.
Who owns Freeport-McMoran
Institutions such as funds, banks and insurers held 86.9% of Freeport-McMoran's shares on 30 June 2026, 2,025 of them reporting holdings to the SEC; the rest is held by individual investors and other shareholders.
Shares free to trade
Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.
How Freeport-McMoran pays its executives
The chief executive was paid 14.81M USD for fiscal 2025, 79% of it in shares and options.
| Name and position | Salary | Stock awards | Cash incentive | Other pay | Total pay |
|---|---|---|---|---|---|
| Richard C. Adkerson Chairman of the Board | 1.20M USD | 8.58M USD | 800.40K USD | 7.56M USD | 18.14M USD |
| Kathleen L. Quirk President and Chief Executive Officer | 1.40M USD | 11.63M USD | 1.40M USD | 375.84K USD | 14.81M USD |
| Maree E. Robertson Executive Vice President and Chief Financial Officer | 665.00K USD | 2.64M USD | 897.75K USD | 133.13K USD | 4.33M USD |
| Stephen T. Higgins Executive Vice President and Chief Administrative Officer | 560.00K USD | 1.94M USD | 756.00K USD | 371.72K USD | 3.63M USD |
| Douglas N. Currault II Executive Vice President and General Counsel | 510.00K USD | 1.77M USD | 688.50K USD | 160.93K USD | 3.13M USD |
FY2025 · From the company's proxy statements to the SEC: what each named executive was paid for the fiscal year, shares and options at their value when granted. The latest filing
Common questions about Freeport-McMoran
Source: Financial Modeling Prep