Business Segments · Exploration Expense
Grasberg Segment — Exploration Expense
Freeport-McMoRan Inc. Grasberg Segment — Exploration Expense decreased by 100.0% to $0 in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 100.0%, from $2M to $0.
Analysis
StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityVolatile
First reportedQ1 2023
Last reportedQ1 2026May 8, 2026
Rolls up toExploration expenses
How to read this metric
Higher spending indicates a focus on long-term growth and reserve replacement, while lower spending may signal a focus on short-term cash flow.
Detailed definition
Costs incurred by the segment to identify and evaluate new mineral deposits or expand existing reserves. This is a discr...
Peer comparison
Standard 'Exploration Expense' in the mining and oil & gas industries.
Metric ID:
fcx_segment_grasberg_segment_exploration_expenseHistorical Data
10 periods
| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $500K | $500K | $500K | $500K | $2M | $2M | $2M | $2M | $2M | $0 |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +300.0% | +0.0% | +0.0% | +0.0% | +0.0% | -100.0% |
| YoY Change | — | — | — | — | +300.0% | +300.0% | +300.0% | +300.0% | +0.0% | -100.0% |
Range$0 – $2M
CAGR-100.0%
Avg YoY Growth+183.3%
Median YoY Growth+300.0%
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Frequently Asked Questions
- What is Freeport-McMoRan Inc.'s grasberg segment — exploration expense?
- Freeport-McMoRan Inc. (FCX) reported grasberg segment — exploration expense of $0 in Q1 2026.
- How has Freeport-McMoRan Inc.'s grasberg segment — exploration expense changed year-over-year?
- Freeport-McMoRan Inc.'s grasberg segment — exploration expense decreased by 100.0% year-over-year, from $2M to $0.
- What does grasberg segment — exploration expense mean?
- Spending on searching for new mineral resources or expanding existing reserves.