Kathleen Quirk – Chief Financial Officer Copper prices have recovered, but not enough to incentivize new supply “You’ve seen a recovery in copper, beginning last fourth quarter of 2016. We’ve been in a period of time where copper was in … Continued
Freeport-McMoRan’s (FCX) CEO Richard Adkerson on Q4 2016 Results Don’t give bows for Act I when the audience is looking for Act II “as I started thinking about my presentation today I recall a comment that Jack Welch made several … Continued
SunTrust Banks’ (STI) CEO Bill Rogers on Q3 2016 Results Regulatory and compliance costs are not likely to abate “But in terms of overall regulatory and compliance costs, if I look forward, John, I don’t think that in the short- … Continued
Freeport-McMoRan (FCX) Richard C. Adkerson on Q2 2016 Results Oil production costs cut to $15 from $19 per barrel “Oil and gas business, we cut our production cost from $19 a barrel to $15 a barrel.” We have turned the … Continued
Freeport-McMoRan (FCX) Deutsche Bank 2016 Global Industrials and Materials Conference (Transcript) Kathleen L. Quirk – EVP, CFO and Treasurer Focused on cost and capital discipline We are very focused on cost and capital discipline, we have been for a number … Continued
Freeport-McMoRan (FCX) Richard C. Adkerson on Q4 2015 Results We face serious challenges with our balance sheet “This is going to be a different call than we have – have been done in the past for obvious reasons. We face … Continued
Kathleen Quirk – EVP & CFO Seeing global growth continue at a moderate pace “We are seeing the U.S continuing to grow at a moderate rate, and we are seeing stimulus activity help economies in Europe and Japan, and also … Continued
2015 is a transition year for investments “I want to look back on our January call when we discussed this year 2015 as being a bridging year as we complete our major copper expansion projects that we started in 2010 … Continued
This post is part of a series of posts called “Company Notes.” These posts contain quotes and exhibits from earnings calls, conference presentations, analyst days and SEC filings. Full transcripts can be found at Seeking Alpha New Pres of Indonesia … Continued
A digest of some of the top insights that I’ve gathered from this week’s earnings calls. Full notes can be found here. Copper demand strengthening “copper markets appear to be strengthening from where we were a year ago.” China went … Continued