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Freeport-McMoRan Inc. (FCX)

NYSE - Nasdaq Real-time price. Currency in USD
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37.32+1.13 (+3.12%)
As of 12:51PM EST. Market open.
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  • Motley Fool

    Why Shares of Freeport-McMoRan Took a Hit Today

    First, in a bad day for commodities in general -- cyclical commodities like oil, nickel, and aluminum prices declined -- Freeport-McMoRan's key mineral, copper, fell a few percentage points to about $3.68 per pound. Second, Scotiabank analyst Orest Wowkodaw downgraded the stock to sector perform from outperform, citing valuation and highlighting the downside risk to the price of copper coming from a slowing economy. As such, Wowkodaw's downgrade is a reminder that demand for an industrial metal like copper depends on growth, particularly as it's widely used across the economy.

  • Motley Fool

    Why Alcoa, Chevron, and Freeport-McMoRan Stocks Sizzled on Friday

    Commodity stocks flew high on Friday, with some even clocking double-digit percentage gains during the day. Two C's drove Friday's rally in these stocks: China and commodity prices. China's zero-COVID policy has dealt a heavy blow to the economy and investor sentiment in recent months.

  • Motley Fool

    3 Dividend-Paying Companies That Are Investing in the Energy Transition

    The rise of environmental, social, and governance (ESG) investing has sparked interest in the energy transition. The energy transition involves decarbonizing existing infrastructure, lowering emissions, and replacing fossil fuels with renewables. Air Products & Chemicals (NYSE: APD), Kinder Morgan (NYSE: KMI), and Freeport-McMoRan (NYSE: FCX) are three dividend stocks that are investing in the energy transition.