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4 Reasons Pain For Freeport-McMoRan Is Ending

As Freeport-McMoRan's (NYSE:FCX) stock heads towards new lows, investors may judge its foray in oil and gas exploration markets as being a bad one. Oil, gas, and copper prices are all falling. Freeport must now sell down assets, lower capital expenditures, and possibly cut its dividend to preserve cash level. With the stock down 54 percent from its yearly high, how much more downside is there in Freeport-McMoRan? There are four things investors should…