Freeport-McMoRan Inc. (FCX) Q4 2022 Earnings Call Transcript

Freeport-McMoRan Inc. (NYSE:FCX) Q4 2022 Results Conference Call January 25, 2023 10:00 AM ET

Company Participants

Kathleen Quirk - President

Richard Adkerson - Chairman and CEO

Conference Call Participants

Emily Chieng - Goldman Sachs

Orest Wowkodaw - Scotiabank

Chris LaFemina - Jefferies

Lawson Winder - Bank of America Securities

John Tumazos - John Tumazos Very Independent Research

Michael Dudas - Vertical Research

Bendik Folden Nyttingnes - Clarksons Securities

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the Freeport-McMoRan Fourth Quarter Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. [Operator Instructions]

I would now like to turn the conference over to Ms. Kathleen Quirk, President. Please go ahead, ma’am.

Kathleen Quirk

Thank you, and good morning. Welcome to the Freeport-McMoRan conference call, and happy 2023 to everyone.

Earlier this morning, we reported fourth quarter 2022 operating and financial results, and a copy of our press release and slides are available on our website at fcx.com.

Our conference call today is being broadcast live on the internet, and anyone may listen to the call by accessing our website homepage and clicking on the webcast link for the conference call. In addition to analysts and investors, the financial press has been invited to listen to today’s call, and a replay of the webcast will be available on our website later today.

Before we begin our comments, we’d like to remind everyone that today’s press release and certain of our comments on the call include forward-looking statements, and actual results may differ materially. Like to refer everyone to the cautionary language included in our press release and presentation materials and to the risk factors described in our SEC filings.

On the call today with me are Richard Adkerson, our Chairman of the Board and Chief Executive Officer; Maree Robertson, our CFO; Mark Johnson, our Chief Operating Officer of Indonesia; Josh Olmsted, who is our Chief Operating Officer for the Americas; Mike Kendrick, who leads our molybdenum business; Cory Stevens, who heads our Engineering and Construction and overall Global Technical Services Group; Rick Coleman, who is actively involved in all of our construction projects; as well as Steve Higgins, our Chief Administrative Officer. So, we have a full complement of management team here today. And we’ll start -- Richard will make some opening remarks, and then he’ll turn it back to me and we’ll cover the slide materials, and then we’ll open up the call for your questions. Turn it to you, Richard.