In its first earnings release since the announcement that it would be acquired by Freeport-McMoRan (NYSE:FCX), McMoRan Exploration (UNKNOWN:MMR.DL) is widely expected to turn a net loss for the fourth quarter and full year of 2012. Investors of both companies will certainly be on the lookout for news on MMR's Davy Jones well off the Gulf Coast. News on either side of neutral will likely have an affect on both share prices. Stay tuned for Friday's release but check out the video below for a more detailed preview from Motley Fool energy and materials analyst, Taylor Muckerman.

Taylor Muckerman has no position in any stocks mentioned. The Motley Fool owns shares of Freeport-McMoRan Copper & Gold. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.