Freeport Earnings Preview: Stock Trading Below Tangible Book …

SummaryFCX trading below tangible book value.
The stock has a 6% dividend yield at its current price.
Indonesia continues to be a giant thorn in the side of Freeport management.
Dividend may not be sustainable.
Either capex or the dividend needs to be reduced, after examining free-cash-flow.
Freeport-McMoRan (NYSE:FCX) kicks off the Basic Materials festivities Tuesday morning, January 27th, 2015, releasing their 4th quarter, 2014 […]