Form 8-K · Current report
Freeport-McMoRan 8-K, filed Oct 27, 2026
- Filed
- CIK
- 0000831259
- Accession no.
- 0000831259-26-000045
Summary
Freeport-McMoRan reported third-quarter 2026 net income attributable to common stock of $1.2 billion, or $0.81 per share, and adjusted net income of $1.3 billion, or $0.88 per share. The company said its Grasberg ramp-up met expectations, PT Freeport Indonesia’s smelter restarted in late August 2026, and it expects 2026 copper sales of about 3.0 billion pounds.
Key points
- Third-quarter 2026 consolidated production was 832 million pounds of copper, 234 thousand ounces of gold and 22 million pounds of molybdenum; sales were 749 million pounds of copper, 105 thousand ounces of gold and 22 million pounds of molybdenum.
- Average realized prices in the quarter were $6.54 per pound of copper, $4,273 per ounce of gold and $32.46 per pound of molybdenum.
- Operating cash flows were $2.0 billion and capital expenditures $1.2 billion in third-quarter 2026; net debt was $1.8 billion excluding $3.2 billion of PTFI downstream processing debt.
- Freeport expects full-year 2026 consolidated sales of about 3.0 billion pounds of copper, 649 thousand ounces of gold and 93 million pounds of molybdenum, and average unit net cash costs of $1.90 per pound of copper.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 7.01Regulation FD Disclosure
- 9.01Financial Statements and Exhibits
From the filing
Item 2.02. Results of Operations and Financial Condition. Freeport-McMoRan Inc. (FCX) issued a press release dated October 27, 2026, announcing its third-quarter and nine-month 2026 financial and operating results. A copy of the press release is furnished hereto as Exhibit 99.1. Item 7.01. Regulation FD Disclosure. The slides to be presented in connection with FCX’s previously announced third-quarter 2026 earnings conference call being webcast on the internet at 10:00 a.m. Eastern Time on October 27, 2026, are furnished hereto as Exhibit 99.2. …
An excerpt of the text as filed with the SEC, cut for length.
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