Name | Value |
---|---|
Revenues | 5,389.0M |
Cost of Revenue | 3,564.0M |
Gross Profit | 1,825.0M |
Operating Expense | 224.0M |
Operating I/L | 1,601.0M |
Other Income/Expense | -63.0M |
Interest Income | 151.0M |
Pretax | 1,538.0M |
Income Tax Expense | 499.0M |
Net Income/Loss | 1,039.0M |
Freeport-McMoRan Inc. is a mining company that primarily explores for copper, gold, molybdenum, silver, and other metals, as well as oil and gas. Its assets include mineral properties in North America, South America, and Indonesia, such as the Grasberg minerals district in Indonesia, Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona, Tyrone and Chino in New Mexico, Henderson and Climax in Colorado, Cerro Verde in Peru, and El Abra in Chile. The company also operates a portfolio of oil and gas properties primarily located in offshore California and the Gulf of Mexico, with approximately 135 wells as of December 31, 2021.