McMoRan Exploration Co. Declares Quarterly Cash Dividends on Preferred Stocks


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


NEW ORLEANS--(BUSINESS WIRE)--

McMoRan Exploration Co. (NYSE: MMR) today declared the following cash dividends payable on February 15, 2013 to holders of record as of February 1, 2013 on its preferred stocks:

  • $14.375 per share of MMR's 5¾% Convertible Perpetual Preferred Stock.
  • $20.00 per share of MMR's 8% Convertible Perpetual Preferred Stock.

McMoRan Exploration Co. is an independent public company engaged in the exploration, development and production of natural gas and oil in the shallow waters of the Gulf of Mexico Shelf and onshore in the Gulf Coast area. Additional information about McMoRan is available on its internet website “www.mcmoran.com”.

McMoRan Exploration Co.
Financial & Media Contact:
David P. Joint, 504-582-4203


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: Press Releases