New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 20, 2014
08:02 EDTFCXFreeport McMoRan Oil & Gas wins 20 tracts in Gulf of Mexico lease sale
Freeport-McMoRan announced that its oil & gas segment, Freeport-McMoRan Oil & Gas was the apparent high bidder on 20 tracts in the Central Gulf of Mexico Oil and Gas Lease Sale 231 with a total investment of approximately $330M net to FM O&G. The bids are subject to approval by the U.S. Bureau of Ocean Energy Management and these potential investments were included in the company’s previously reported FY14 capital budget. FM O&G winning bids were primarily focused on high-impact, drillable targets in the Mississippi Canyon and Atwater Valley areas to complement FM O&G’s existing infrastructure and production facilities and add several new exploration plays. The blocks, which cover approximately 106K gross acres, range in water depths up to 6K feet. The company expects to be notified and designated operator of these blocks by 3Q14.
News For FCX From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
November 25, 2014
08:30 EDTFCXFreeport McMoRan risk/reward compelling, says Bernstein
Subscribe for More Information
November 18, 2014
09:56 EDTFCXOn The Fly: Analyst Initiation Summary
Subscribe for More Information
06:33 EDTFCXFreeport McMoRan initiated with a Market Perform at BMO Capital
Subscribe for More Information
November 14, 2014
17:27 EDTFCXPaulson & Co. gives quarterly update on stakes
Subscribe for More Information
12:53 EDTFCXOmega Advisors gives quarterly update on stakes
NEW STAKES: AerCap Holdings (AER), Nordic American Offshore (NAO), Melco Crown Entertainment (MPEL), Groupon (GRPN), and Ashland (ASH). INCREASED STAKES: QEP Resources (QEP), United Continental (UAL), Cabot Oil & Gas (COG), Actavis (ACT), and KAR Auction Services (KAR). DECREASED STAKES: Sprint (S), SandRidge Energy (SD), Sirius XM Holdings (SIRI), Kinder Morgan (KMI), and Transocean (RIG). LIQUIDATED STAKES: QUALCOMM (QCOM), Ocwen Financial (OCN), Freeport-McMoRan (FCX), Boston Scientific (BSX), and Capital One (COF).

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use