Stocks-Prognosis.com
Search on StockPrognosis.com
To search on the site stockprognosis.com enter the name of the ticker, company name, or search phrase
Sections of the site



Freeport-McMoRan Inc. Faces SEC Probe over Quake Risk at Indonesian Plant

November 07, 2024
In a recent development, Freeport-McMoRan Inc. (NYSE:FCX), a leading mining company, is being probed by the Securities and Exchange Commission (SEC) regarding potential seismic risks at its Indonesian plant. The investigation has raised concerns about the company's operations and the safety of its infrastructure amidst the frequent earthquakes in the region. The SEC's scrutiny will assess Freeport-McMoRan's adherence to safety regulations and the potential financial implications if a seismic event were to impact the plant. This development highlights the need for investors to stay informed about the company's risk factors and consider seeking professional guidance, such as from Stocks Prognosis, to navigate the potential impact on Freeport-McMoRan's stock.

Find out how the FREEPORT-MCMORAN INC. rate is expected to change

Get Forecast for FCX

Investor opinions & comments:

I hope that this investigation leads to improved safety measures at Freeport-McMoRan's Indonesian plant
— from FinanceFlo at 11-10-2024 21:01
I'm not sure how much of an impact this investigation will have on Freeport-McMoRan's stock. Other factors, such as global economic conditions, may have a larger influence
— from WealthyWendy at 11-10-2024 02:34
Investors should definitely consider the potential seismic risks when evaluating Freeport-McMoRan's stock. Safety should always be a priority
— from SaraBrown at 11-09-2024 14:34
I'm curious to see how this investigation will unfold and what it means for the company's operations in Indonesia
— from GabrielFoster at 11-09-2024 12:22
I appreciate the SEC's efforts in ensuring companies comply with safety regulations. It's important to hold corporations accountable
— from StockSally at 11-09-2024 09:08
Are there any other mining companies in the region that have faced similar investigations? It would be interesting to compare Freeport-McMoRan's situation to others in the industry
— from CalebBishop at 11-08-2024 01:43
It's important for the SEC to investigate any potential safety risks to ensure the well-being of employees and the surrounding community
— from MoneyMia at 11-07-2024 08:44
If you want to leave a comment, then you need Login or Register





Other news for FCX

FCXJune 6, 2025Freeport-McMoRan Inc. NYSE:FCX Announces Plans for Sustainable Mining Practices  ~1 min.

Freeport-McMoRan Inc. has unveiled its ambitious plans to implement sustainable mining practices, aiming to reduce its environmental impact and promote responsible resource management....

FCXApril 4, 2025FREEPORT-MCMORAN INC. Hits 13.0% Profit Target as QuantWave Forecast Succeeds  ~1 min.

FREEPORT-MCMORAN INC. (NYSE: FCX) recently reached a significant milestone as it hit the price target forecasted by QuantWave, resulting in a profit of 13.0%....

FCXApril 4, 2025FREEPORT-MCMORAN INC. Hits Price Target Forecast, Generating 20.81% Profit  ~1 min.

FREEPORT-MCMORAN INC. has successfully reached the price target forecasted by QuantWave, resulting in a 20.81% profit for investors....

FCXApril 4, 2025FREEPORT-MCMORAN INC. Hits Analyst Price Target with 18.67% Profit  ~1 min.

QuantWave, the automated forecasting platform, successfully predicted a short signal for FREEPORT-MCMORAN INC. on January 28, 2025, when the stock was trading at 35.68 $....

FCXApril 4, 2025FREEPORT-MCMORAN INC. Hits Price Target Forecast with 18.76% Profit: A Success Story for QuantWave  ~1 min.

FREEPORT-MCMORAN INC. has achieved its price target forecast with a notable 18.76% profit, showcasing the accuracy and effectiveness of QuantWave's predictive analytics....



Related news

FCXJanuary 4, 2025Freeport-McMoRan Inc. Eyes Expansion in Copper Concentrate Exports, Stock Expected to Soar  ~2 min.

Freeport-McMoRan Inc. (NYSE:FCX), a leading mining company, is currently in talks with the Indonesian government to expand its copper concentrate exports....

BPDecember 3, 2024BP: A Transformative Energy Giant with Promising Upside  ~1 min.

BP P.L.C., one of the world's leading integrated oil and gas companies, continues to make strides in transforming itself into a sustainable and low-carbon business....

BPNovember 26, 2024Bullish Future for BP p.l.c. as it Greenlights 7 Billion Indonesian Gas Project  ~1 min.

BP p.l.c., the multinational oil and gas company, has given the go-ahead for a major gas project in Indonesia....

CSXJanuary 2, 2025CSX Corporation: 55 Million for 30 Rail Infrastructure Projects Supporting Business Development and Over 340 Jobs Statewide - PennWatch  ~1 min.

CSX Corporation, a leading logistics company, is set to invest $55 million in 30 rail infrastructure projects across the state....

CCIFebruary 16, 2025Crown Castle Inc. CCI – Leading Infrastructure Stock Recommended by Hedge Funds  ~2 min.

Crown Castle Inc. (CCI) has emerged as one of the top infrastructure stocks recommended by hedge funds....