Freeport-McMoRan updates Q3 output: Freeport-McMoRan stock gains 1.57 percent

Published on 10/19/2026 at 10:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Freeport-McMoRan stock costs EUR 62.72 on October 19, 2026, 1.57 percent above Xetra. Copper output reached 830 million pounds in the third quarter.

Copper output and investor dates

On October 2, 2026, Freeport-McMoRan reported third-quarter copper production of 830 million pounds.
Second-quarter 2026 revenue reached USD 7.03 billion, down 7.30 percent year over year.
Freeport-McMoRan stock trades at EUR 62.72 at 9:53 a.m. CEST at Lang & Schwarz on October 19, 2026, 1.57 percent above the Xetra close of October 16, 2026.
The company declared a USD 0.15 per-share dividend payable on November 2, 2026.

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Freeport-McMoRan stock (ISIN US35671D8570) was trading at EUR 62.72 at Lang & Schwarz on October 19, 2026, at 9:53 a.m. CEST, 1.57 percent above the Xetra close of October 16, 2026 at EUR 61.75. The company had reported third-quarter copper production of 830 million pounds and gold production of 230,000 ounces in an operational update dated October 2, 2026, filed with the SEC and covered by Zacks on October 5, 2026.

Three milestones shape the picture

Freeport-McMoRan's recent operating record shows a sharp rise in reported earnings alongside a more mixed revenue trend. In the first quarter of 2026, net income reached USD 881.0 million and revenue was USD 6.234 billion, compared with USD 352.0 million and USD 5.735 billion in the first quarter of 2025, according to RTTNews on April 23, 2026.

On July 23, 2026, second-quarter revenue stood at USD 7.03 billion, down 7.30 percent from the year-earlier quarter, while net income rose 28.00 percent to USD 984.0 million, as reported by Simply Wall St. On October 2, 2026, the company added the third-quarter production update, making copper volumes the latest operating marker.

What does Grasberg mean for output?

The Grasberg recovery remains the key operating variable. Mill throughput averaged 67.00 percent of normalized pre-incident rates in the third quarter, while Freeport-McMoRan targets 80.00 percent capacity by mid-2027, according to Zacks. That recovery path matters because the same update said third-quarter gold sales were expected at 100,000 ounces, while 60,000 ounces of refined gold sales moved into the fourth quarter.

Next dates carry a cash return

Freeport-McMoRan is scheduled to report third-quarter 2026 earnings on October 27, 2026, before the US market opens, according to Zacks. The company also declared a USD 0.15 per-share quarterly dividend on September 23, 2026, payable on November 2, 2026, under a structure combining USD 0.075 of base dividend and USD 0.075 of variable dividend, according to Freeport-McMoRan.

Stock price and operating markers

The euro quotation is 1.57 percent above the Xetra close of October 16, 2026, while the next earnings date puts the operating update into a near-term reporting test. The recovery figures and the second-quarter comparison leave Grasberg throughput and revenue conversion as the central measures for the next report. The further course of trading is shown by the continuously updated real-time quote of Freeport-McMoRan stock.