Freeport-McMoRan Q3 2026 net income attributable to common stock jumps 74% to $1.17 billion

Bitget2026/10/27 12:05

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Freeport-McMoRan’s third-quarter 2026 net income attributable to common stockholders jumped 74% year over year to $1.17 billion.
Revenues rose 8% to $7.55 billion, while operating cash flows climbed 17% to $1.98 billion year over year.
Copper sales volumes fell 23% to 749 million pounds; gold sales volumes dropped 69% to 105,000 ounces year over year.
PTFI’s smelter restarted in late August 2026; Grasberg operations remain targeted to approach full capacity by year-end 2027.
For 2026, operating cash flows are expected to total approximately $8.5 billion, with capital expenditures projected at $4.4 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Freeport-McMoRan Inc. published the original content used to generate this news brief on October 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Freeport-McMoRan Q3 2026 net income attributable to common stock jumps 74% to $1.17 billion

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