Freeport-McMoRan: A Look Back At The Year 2015

-17.40%
Downside
49.40
Market
40.81
Trefis
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FCX
Freeport

Freeport-McMoRan’s revenue and EBITDA decreased 21% and 58% year-over-year, respectively, driven by the decline in oil and copper prices, and lower shipments due to the sale of oil and gas and copper mining assets.

FCX Year in Review 1

*Other Revenue, which represents the company’s revenue from its copper refining operations, declined primarily due to a fall in copper prices.

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FCX Year in Review 2

FCX Year in Review 7

Cost reduction initiatives and the impact of copper mining and oil and gas asset sales partially offset the negative impact of top line headwinds on results.

FCX Year in Review 4

FCX Year in Review 6

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Notes:

1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Freeport-McMoRan

 

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