Yahoo! FinanceHome - Yahoo! - Help

Market Guide

[ Stock Screener | Company & Fund Index | Financial Glossary ]

Profile - McMoRan Exploration Co. (NYSE:MMR)
As of 31-Aug-2001
Enter symbol:
symbol lookup

 
More Info: Quote | Chart | News | Profile | Research | SEC | Msgs | Insider | Options | Financials
Recent Events
Aug 29Price hit new 52-week low ($6.45)
Location
1615 Poydras Street
New Orleans, LA 70112
Phone: (504) 582-4000
Fax: (504) 582-4899
Employees (last reported count): 116
Financial Links
 ·Top Institutional Holders
 ·Top Mutual Fund Holders
 ·Analyst Upgrade/Downgrade History
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Energy
 ·Industry: Oil & Gas Operations
Company Website
 ·Home Page

 ·Search Yahoo! for related links...

Ownership
·Insider and 5%+ Owners: 41%
·Institutional: 44% (73% of float)
(95 institutions)
·Net Inst. Buying: 225.0K shares (+3.15%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
McMoRan Exploration Co. engages in the exploration, development and production of oil and gas offshore in the Gulf of Mexico and onshore in the Gulf Coast region. The Company conducts oil and gas exploration, development and production operations principally in the Gulf of Mexico and the Gulf Coast region. As of December 31, 2000, the Company owned or controlled interests in 158 oil and gas leases in the Gulf of Mexico and onshore Louisiana and Texas covering approximately 670,000 gross acres. The Company's sulphur operations primarily involve the purchase and resale of sulphur recovered as a by-product of hydrocarbon refining and processing, as well as handling and transportation of sulphur. The Company is in the process of exiting active participation in the sulphur business, which is involved in the purchasing, transporting, terminaling, processing and marketing of sulphur.
More from Market Guide: Expanded Business Description

Financial Summary
McMoRan Exploration Co. is engaged in the exploration, development and production of oil and gas offshore in the Gulf of Mexico and onshore in the Gulf Coast region. For the six months ended 6/30/01, revenues fell 29% to $75 million. Net loss fell 59% to $63.8 million. Results reflect lower sulphur revenues due to reduced demand in the phosphate fertilizer industry, offset by the absence of $72 million in non-cash write-offs and reclamation costs.
More from Market Guide: Significant Developments

Officers[Insider Trade Data]
FY1999 Compensation
PayExer

Richard Adkerson, 53
Co-Chairman, Pres and CEO
$280K$5.1K
James Moffett, 61
Co-Chairman
287K--  
Nancy Parmelee, 48
Sr. VP, CFO, Sec.
212K--  
C. Howard Murrish, 59
Exec. VP
602K--  
Theodore Fowler, 48
Sr. VP
--  --  
Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year.
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- NYSE:MMRAs of 31-Aug-2001
Price and Volume
52-Week Low
on 29-Aug-2001
$6.45 
Recent Price$7.30 
52-Week High
on 9-Feb-2001
$17.50 
Beta2.62 
Daily Volume (3-month avg)35.3K
Daily Volume (10-day avg)52.0K
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y | 5y]
52-Week Change-33.6%
52-Week Change
relative to S&P500
-11.0%
Share-Related Items
Market Capitalization$115.8M
Shares Outstanding15.9M
Float9.40M
Dividends & Splits
Annual Dividendnone 
Last Splitnone 
Per-Share Data
Book Value (mrq)-$0.27 
Earnings (ttm)-$2.83 
Earnings (mrq)-$1.20 
Sales (ttm)$10.10 
Cash (mrq)$0.23 
Valuation Ratios
Price/BookN/A 
Price/EarningsN/A 
Price/Sales (ttm)0.72 
Income Statements
Sales (ttm)$171.4M
EBITDA (ttm)-$10.9M
Income available to common (ttm)-$40.9M
Profitability
Profit Margin (ttm)-23.9%
Operating Margin (ttm)-28.6%
Fiscal Year
Fiscal Year EndsDec 31
Most recent quarter30-June-2001
Management Effectiveness
Return on Assets (ttm)-15.53%
Return on Equity (ttm)-125.34%
Financial Strength
Current Ratio (mrq)0.26 
Debt/EquityN/A 
Total Cash (mrq)$3.60M
Short Interest
As of 8-Aug-2001
Shares Short316.0K
Percent of Float3.4%
Shares Short
(Prior Month)
251.0K
Short Ratio11.29 
Daily Volume28.0K
See Profile Help for a description of each item above;   K = thousands;   M = millions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-June-2001)

Market Guide offers more in-depth Company Research, Stock Screening, and Hottest Stocks and Industries on over 10,000 U.S. Equities.


Copyright © 2001 Yahoo! Inc. All Rights Reserved. Privacy Policy - Terms of Service
Company information Copyright Market Guide. Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). Data and information is provided for informational purposes only, and is not intended for trading purposes. Neither Yahoo nor any of its data or content providers (such as Market Guide, CSI, etc.) shall be liable for any errors or delays in the content, or for any actions taken in reliance thereon.