![]() When you look at the results and what our team has done this year, it’s been very positive. The company sold 458K ounces of gold and 19 million pounds of Molybdenum in the third quarter.ĬEO Richard Adkerson said in the conference call: Unit cash cost per Cu Lbs was $1.53 in 4Q22 and $1.50 in 2022.Ĭonsolidated sales from mines were 1,042 million pounds of copper. Lower commodity prices hurt Freeport-McMoRan results in 4Q22.Ĭonsolidated production totaled 1.070 billion pounds of copper, 472 thousand ounces of gold, and 22 million pounds of Molybdenum in the fourth quarter of 2022. Revenues fell 6.6% year over year to $5,758 million in 4Q22. Below is the results and production snapshot for FY22. The adjusted earnings per share came in at $0.26 per share. 1 - Fourth quarter and Full-year 2022 results snapshotįreeport-McMoRan posted a quarterly profit of $697 million or $0.48 per share, missing analysts' expectations. I have been following Freeport-McMoRan since Sept. ![]() ![]() Note: This article is an update of my preceding article, published on October 26, 2022. ![]() The Phoenix-based Freeport-McMoRan ( NYSE: FCX), the world's largest publicly-traded copper company, released its fourth quarter and full-year 2022 results on January 25, 2023. ![]()
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