Phelps Dodge Yahoo Finance

Phelps Dodge was a major American copper mining company. It's relevant to Yahoo Finance because the site provides historical stock quotes, news articles, and financial information about publicly traded companies, including companies that have been acquired or ceased to exist independently. Here's what you might find related to Phelps Dodge on Yahoo Finance:

Historical Stock Data

Yahoo Finance would offer historical stock information for Phelps Dodge, likely under its ticker symbol "PD". This data would include daily, weekly, or monthly open, high, low, close prices, and trading volumes. This information is valuable for investors and researchers who want to analyze the company's past performance, track market trends, and understand how it fared during specific economic periods.

Financial Statements

You'd likely find archived financial statements such as annual and quarterly reports. This would include balance sheets, income statements, and cash flow statements, allowing users to examine the company's revenues, expenses, assets, liabilities, and equity over time. This data is crucial for fundamental analysis, helping investors assess the company's financial health and profitability.

News and Articles

Yahoo Finance would also host a collection of news articles, press releases, and analyst reports related to Phelps Dodge. These articles would cover various aspects of the company, such as earnings announcements, acquisitions, expansions, industry trends, and any significant events that impacted its stock price or operations. This historical news context can provide valuable insights into the company's trajectory and market perception.

Acquisition by Freeport-McMoRan

Phelps Dodge was acquired by Freeport-McMoRan Copper & Gold Inc. in 2007. This is a significant event that would be highlighted on Yahoo Finance. Information on the acquisition, including the terms of the deal and its impact on shareholders, would be accessible. After the acquisition, Phelps Dodge ceased to exist as a separate publicly traded entity, and its stock symbol was removed. The historical data on Yahoo Finance remains valuable for understanding the company's past.

Relevance to Freeport-McMoRan

While Phelps Dodge is no longer independently traded, information about it on Yahoo Finance is still relevant to Freeport-McMoRan (FCX). Phelps Dodge's assets and operations became part of Freeport-McMoRan, significantly increasing its copper production capacity. Analyzing Phelps Dodge's historical performance can provide a better understanding of Freeport-McMoRan's current operations and performance in the copper market.

Use for Research

Researchers, academics, and industry analysts might use Yahoo Finance's archived data on Phelps Dodge to study trends in the copper industry, analyze mergers and acquisitions, or compare the company's performance to its competitors. The availability of comprehensive financial data and news articles makes Yahoo Finance a valuable resource for conducting in-depth research.

In conclusion, although Phelps Dodge is no longer a publicly traded company, its historical data on Yahoo Finance provides valuable insights into its past performance, the copper mining industry, and the impact of mergers and acquisitions. It serves as a useful resource for investors, researchers, and anyone interested in understanding the evolution of the copper industry landscape.