Tag: Energy Company

Copper miner Freeport-McMoRan considers exiting oil and gas business

Copper miner Freeport-McMoRan considers exiting oil and gas business

Freeport-McMoRan slashed quarterly dividend earlier due to falling oil prices NEW YORK¬†–¬†Freeport-McMoRan said Tuesday that it is considering spinning off its oil and gas business and other strategic alternative to focus on its copper mining business. The Phoenix company produces oil and natural gas around the country. Energy companies have been hurt by falling oil […]