Newmont Corporation (NEM) Earnings Call Transcripts
Newmont Corporation's Latest Earnings Call - September 29, 2026
In the third quarter of 2026, Newmont Corporation reported robust operational performance, generating a record $5.3 billion in free cash flow. The company maintained its full-year guidance, signaling confidence in its operational consistency and cost management strategies. Revenue and earnings figures were not disclosed, but management emphasized a disciplined capital allocation approach, including a potential 8% increase in dividends per share, reflecting a strong commitment to returning value to shareholders.
Reported metrics
| Metric | Value |
|---|---|
| Free Cash Flow | $5.3B (beat) |
| Share Count Reduction | 100 million shares (positive) |
| Exploration Investment | $240M (positive) |
| Projected Dividend Increase | $0.27 per share (positive) |
| Cost Reduction | material reduction (positive) |
| Full Year Guidance | maintained (inline) |
Guidance from management
Newmont maintained its full-year guidance for 2026, indicating confidence in operational consistency and the ability to deliver on growth projects.
What management said
Thanks, Matt. Nevada is a big portion of our portfolio and a really important asset in our portfolio. I think this modernized agreement that we have reached allows for the first time in the history of this district, unconstrained optimization of an integrated portfolio of assets in that district. I think it allows us to really leverage on the strength of Barrick, the strength that we have in Newmont to identify all o...
What analysts pressed on
Analysts expressed concerns about potential macroeconomic pressures and inflation impacting costs. There was also a focus on whether the company could effectively translate strong commodity prices into improved margins.
Main topics on the call
- Record Free Cash Flow — Newmont generated a record $5.3 billion in free cash flow during the first half of 2026, driven by strong commodity prices and operational efficiency. Management stated, "Our operational performance combined with strong ...
- Capital Allocation Framework — The company reiterated its disciplined capital allocation framework, prioritizing reinvestment in its portfolio while returning excess cash to shareholders. Natascha Viljoen noted, "Our capital allocation framework allow...
- Share Repurchases — Newmont has reduced its share count by over 100 million shares, approximately 9%, enhancing per-share value for remaining shareholders. Management indicated that ongoing share buybacks would continue, stating, "We've see...
- Exploration Opportunities — Management highlighted a $240 million investment in exploration, with 80% focused on brownfields growth, which is crucial for scaling. David Thornton mentioned, "We're really excited that, that has the potential to be eq...
Read the full Newmont Corporation transcript (September 29, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Newmont Corporation
Newmont Corporation (NEM) is a publicly listed company in the Metals and Mining industry, within the Materials sector. It trades on NYSE and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 68 calls on record spanning February 20, 2020 to September 29, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 68 Newmont Corporation earnings call transcripts on record, spanning February 20, 2020 to September 29, 2026. Based on this history, Newmont Corporation reports quarterly. The most recent call on file is dated September 29, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- NEM
- Exchange
- NYSE
- Country
- US
- Sector
- Materials
- Industry
- Metals and Mining
- Calls on record
- 68
- First call
- February 20, 2020
- Most recent
- September 29, 2026
- Reporting cadence
- quarterly