Friday 6-20-2014 Freeport-Mcmoran Copper & Gold (F
Post# of 159
Overall Average: 80% Buy
Recent stock forum discussions about FCX http://investorshangout.com/search?q=FCX&...mp;yt0=Go!
Freeport-McMoRan Completes Sale of Eagle Ford Interests for $3.1 Billion
Business Wire - Fri Jun 20, 11:00AM CDT
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) announced today that its oil and gas subsidiary, Freeport-McMoRan Oil & Gas (FM O&G), has completed its previously announced sale of its Eagle Ford Shale assets to a subsidiary of Encana Corporation (Encana) (TSX, NYSE: ECA) for cash consideration of $3.1 billion, before closing adjustments from the effective date of April 1, 2014, through the closing date. The Eagle Ford assets include all of FM O&G's interests on approximately 45,500 net acres with estimated net proved reserves totaling 59 million barrels of oil equivalents (BOE) and estimated net proved and probable reserves of 69 million BOE at year-end 2013. (full story)
Freeport-McMoRan Rises 2.17% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Wed Jun 18, 4:21PM CDT
Freeport-McMoRan (NYSE:FCX) traded in a range yesterday that spanned from a low of $33.90 to a high of $34.84. Yesterday, the shares gained 2.2%, which took the trading range above the 3-day high of $34.11 on volume of 7.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious. (full story)
After Yesterday's Rally of 2.17% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Wed Jun 18, 4:20PM CDT
Freeport-McMoRan (NYSE:FCX) traded in a range yesterday that spanned from a low of $33.90 to a high of $34.84. Yesterday, the shares gained 2.2%, which took the trading range above the 3-day high of $34.11 on volume of 7.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious. (full story)
Basic Materials Stocks On The Rise With Help From 3 Stocks
at The Street - Wed Jun 18, 12:02PM CDT
TheStreet highlights 3 stocks pushing the basic materials sector higher today. (full story)
Freeport-McMoRan (FCX) Approaches New Upside Target of $34.30
Comtex SmarTrend(R) - Wed Jun 18, 9:34AM CDT
Shares of Freeport-McMoRan (NYSE:FCX) opened today above their pivot of $33.99 and have already reached the first level of resistance at $34.17. Should the shares continue to rise, the resistance pivots of $34.30 and $34.61 will be of interest. (full story)
Why Newmont Mining Corp. Is Taking a Harder Stance Than Freeport-McMoRan Inc.
Vladimir Zernov, The Motley Fool - Motley Fool - Wed Jun 18, 9:03AM CDT
Both Freeport-McMoRan and Newmont Mining face the problem with exporting copper concentrate from Indonesia after the country imposed a controversial 25% tax on exports back in January. While the problem is the same, the approach to the solution... (full story)
Noble Energy Boosts Its Bet on the Gulf of Mexico
Arjun Sreekumar, The Motley Fool - Motley Fool - Tue Jun 17, 10:00AM CDT
On Monday, Noble Energy , the Houston-based independent energy exploration and production company, announced that it will expand its presence in the deepwater Gulf of Mexico by acquiring a 50% interest in 17 deepwater exploration leases from BP ... (full story)
Quaterra Resources Inc. Announces that Freeport-McMoran Nevada LLC Signs Agreement With Quaterra to Earn Interest in Singatse Peak Services LLC, Holder of Yerington Project
Marketwire - Mon Jun 16, 7:31AM CDT
Quaterra Resources Inc. ("Quaterra" or the "Company" (TSX VENTURE: QTA)(OTCQX: QTRRF) and its subsidiaries Quaterra Alaska Inc. ("Quaterra Alaska" and Singatse Peak Services LLC ("SPS" have signed a membership interest option agreement with Freeport-McMoRan Nevada LLC which sets out terms for due diligence and for SPS's exploration of its Yerington Copper Project in Nevada (the "Yerington Project" . Freeport-McMoRan Nevada LLC ("Freeport" is a wholly owned subsidiary of Freeport Minerals Corporation, which in turn is a wholly owned subsidiary of Freeport-McMoRan Copper & Gold Inc. ("FCX" . (full story)
Freeport-McMoRan Is Not Immune to Copper Downside
Vladimir Zernov, The Motley Fool - Motley Fool - Fri Jun 13, 12:05PM CDT
Is China's shadow banking system bigger than it seems? It might be, as one of China's biggest ports, Qingdao, starts counting copper and aluminum in warehouses. The investigation started as copper and aluminum could have been used as collateral for... (full story)
Is Freeport-McMoRan Copper & Gold Inc. Destined for Greatness?
Alex Planes, The Motley Fool - Motley Fool - Fri Jun 13, 9:10AM CDT
Investors love stocks that consistently beat the Street without getting ahead of their fundamentals and risking a meltdown. The best stocks offer sustainable market-beating gains, with robust and improving financial metrics that support strong price... (full story)
Indonesia's Mining Challenges Are Only Part of the Picture
Joshua Bondy, The Motley Fool - Motley Fool - Fri Jun 13, 8:22AM CDT
It is no secret that the Indonesian government is putting pressure on miners to spend big bucks to develop Indonesian industry. While these political challenges are a headache for miners, the reality is that Indonesia only represents a portion of... (full story)
Watch for Freeport-McMoRan to Potentially Rebound After Falling 1.20% Yesterday
Comtex SmarTrend(R) - Thu Jun 12, 4:20PM CDT
Freeport-McMoRan (NYSE:FCX) traded in a range yesterday that spanned from a low of $33.52 to a high of $34.01. Yesterday, the shares fell 1.2%, which took the trading range below the 3-day low of $33.92 on volume of 7.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion. (full story)
Freeport-McMoRan Falls 1.20% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Thu Jun 12, 4:16PM CDT
Freeport-McMoRan (NYSE:FCX) traded in a range yesterday that spanned from a low of $33.52 to a high of $34.01. Yesterday, the shares fell 1.2%, which took the trading range below the 3-day low of $33.92 on volume of 7.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion. (full story)
Rowan Companies Shifts to the Deepwaters
Mark Holder, The Motley Fool - Motley Fool - Thu Jun 12, 10:46AM CDT
After decades as an onshore and shallow water drilling specialist, Rowan Companies plc is quickly shifting toward a mix of deepwater drillships. The company has four ultra-deepwater (UDW) drillships either recently starting operations or under... (full story)
Don't Expect Freeport-McMoRan to Follow Newmont's Lead in Indonesia
Rich Duprey, The Motley Fool - Motley Fool - Wed Jun 11, 1:48PM CDT
Newmont Mining's Batu Hijau, Indonesia. Source: Wikimedia Commons. Indonesia has proved to be an immovable force over its export ban on unprocessed ore that was imposed in January, forcing Newmont Mining to halt further copper output from its... (full story)
Freeport-McMoRan (FCX) Crosses Pivot Point Support at $34.45
Comtex SmarTrend(R) - Tue Jun 10, 10:13AM CDT
Shares of Freeport-McMoRan (NYSE:FCX) have bearishly opened below the pivot of $34.71 today and have reached the first support level of $34.45. Investors may be interested in a cross of the next downside pivot targets of $34.26 and $33.81. (full story)
Rowan Companies Wins Contract from Freeport, Shares Rise - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jun 10, 9:20AM CDT
Rowan Companies plc's (RDC) share price rose by about 2% following the news of one of its subsidiaries having inked a two-year drilling contract for the fourth and final ultra-deepwater drillship in Rowan's current construction program. (full story)
'Mad Money' Lightning Round: Qualcomm Is a Buy
at The Street - Tue Jun 10, 5:00AM CDT
Cramer likes GenCorp but prefers Alcoa over Freeport-McMoRan. (full story)
Jim Cramer's 'Mad Money' Recap: What Was Jim Cramer Thinking?
at The Street - Mon Jun 09, 7:13PM CDT
The fighting over Hillshire Brands makes Cramer wonder if he hasn't underestimated the valuation of a number of acquisition targets. (full story)