(Freeport-McMoRan Company ) Company overview:- Do not copy paste from annual rep

Question

(Freeport-McMoRan Company )

Company overview:- Do not copy paste from annual report, You have to write in your own words.

-Brief introduction about your company and location.

-What products or services does the company produce? Be specific

-What do you think the outlook (future performance) is for these products or services?

-Provide financial summary for the last 3-5 years and briefly explain company situation based on the summary.

thanks for your hard work

*note* all the information needed you may found it in annual report 2016 of the company .

SUMMARY FINANCIAL HIGHLIGHTS 2016 2015 2012 Years ended December 31, in millions, except per share amounts) Operating (loss) Income $ 14,830 $ 14,607 $ 20,001 $19,331 S 16,661 (2,792) (13,512)* Net loss) Income attributable to FCX common stockholders Diluted net (loss) Income per common share Dividends declared per common share Operating cash flows Capital expenditures 2,658 2.65 2.25 6,139 3,041 3.20 1.25 3,774 (4,154)* (12,236) (1, 308)* (3.16) 11.31)* 3,729 2,813 1.25 5,631 7,215 3,220 At December 31: 298 58,674 18,741 18,287 3,567 35,421 3,340 17,543 Cash and cash equlvalents Total assets 1,864 Total debt, Including current portion Total stockholders' equity 37,317 16,027 6,051 7,828 Includes net charges to reduce the carrying value of oil and gas properties pursuant to full cost accounting rules totaling $4.3 billion ($4.3 billion to net loss attributable to common stockholders or $3.28 per share) in 2016, $13.1 billion ($11.8 billion to net loss attributable to common stockholders or $10.72 per share) in 2015 and $3.7 billion ($2.3 billion to net loss attributable to common stockholders or $2.24 per share) in 2014.

Explanation / Answer

1

Freeport-McMoRan Oil & Gas Inc. acquires, explores, develops, and produces oil and gas in the United States. It owns oil and gas properties with principal operations in onshore California, offshore California, the Gulf of Mexico, the Gulf Coast region, and the Rocky Mountains. The company was founded in 2002 and is headquartered in Houston, Texas. Freeport-McMoRan Oil & Gas Inc. operates as a subsidiary of Freeport-Mcmoran Oil & Gas LLC.

2

Freeport-McMoRan deals with copper, gold, molybdenum & petroleum.

3

Freeport-McMoRan focuses on copper, though it also mines for gold and molybdenum. That said, it's one of the largest copper producers in the world, so you shouldn't own Freeport unless you are looking for, or willing to have, significant exposure to copper.

4

Given

Financial Summary for 5 years

SUMMARY FINANCIAL HIGHLIGHTS Year ended December 31 2016 2015 2014 2013 2012 Revenues $14,830 $14,607 $20,001 $19,331 $16,661 Operating (Loss) Income -$2,792 -$13,512 -$298 $4,820 $5,299 Net (Loss) Income attributed to FCX Common Stockholders -$4,154 -$12,236 -$1,308 $2,658 $3,041 Dilluted Net (Loss) Income per common share -$3 -$11 -$1 $3 $3 Dividents declared per common share - $0.2605 $1.25 $2.25 $1.25 Operating cash flows $3,729 $3,220 $5,631 $6,139 $3,774 Capital expenditures $2,813 $6,353 $7,215 $5,286 $3,494 At Dec 31 Cash & cash equivalents $4,245 $177 $298 $1,864 $3,567 Total assets $37,317 $46,577 $58,674 $63,385 $35,421 Total debt, including current portion $16,027 $20,324 $18,741 $20,476 $3,340 Total stockholder's equity $6,051 $7,828 $18,287 $20,934 $17,543

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