Summary
Freeport-McMoRan Inc.'s (FCX) 2013 10-K filing, as of December 30, 2013, indicates that detailed information regarding executive compensation, security ownership, and related party transactions is incorporated by reference into their definitive proxy statement for the 2014 annual meeting of stockholders. Investors seeking specific details on these crucial governance and compensation matters should consult that document. The filing also provides information on FCX's equity compensation plans. As of December 31, 2013, there were a significant number of securities outstanding under these plans, with a weighted-average exercise price for options. Notably, only the 2006 Stock Incentive Plan has shares available for future grants, suggesting a reliance on this plan for future equity-based compensation, which is important for understanding potential dilution and executive incentives.
Financial Highlights
50 data points| Revenue | $20.92B |
| Cost of Revenue | $14.64B |
| Gross Profit | $6.28B |
| SG&A Expenses | $657.00M |
| Operating Expenses | $15.57B |
| Operating Income | $5.35B |
| Net Income | $2.66B |
| EPS (Basic) | $2.65 |
| EPS (Diluted) | $2.64 |
| Shares Outstanding (Basic) | 1.00B |
| Shares Outstanding (Diluted) | 1.01B |
Key Highlights
- 1Key details on executive compensation and security ownership are incorporated by reference to the definitive proxy statement for the 2014 annual meeting, requiring investors to consult this separate document for specifics.
- 2FCX utilizes various equity compensation plans, some of which were assumed through acquisitions of Plains Exploration & Production Company (PXP) and McMoRan Exploration Co.
- 3As of December 31, 2013, 47,459,100 securities were subject to outstanding equity awards (options, warrants, rights).
- 4The weighted-average exercise price for outstanding options, warrants, and rights was $35.74.
- 5Only the 2006 Stock Incentive Plan has remaining shares available for future issuance.
- 6The total number of securities remaining available for future issuance under equity compensation plans approved by security holders was 24,450,534.