NYSE:NFX - Newfield Exploration Stock Price, Price Target & More

Newfield Exploration trades on the New York Stock Exchange (NYSE) under the ticker symbol "NFX."

Newfield Exploration Co. (NYSE:NFX) released its earnings results on Tuesday, May, 1st. The energy company reported $0.82 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.74 by $0.08. The energy company had revenue of $580 million for the quarter, compared to analyst estimates of $552.56 million. Newfield Exploration had a net margin of 18.96% and a return on equity of 36.67%. The firm's quarterly revenue was up 39.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.57 EPS. View Newfield Exploration's Earnings History.

Newfield Exploration is scheduled to release their next quarterly earnings announcement on Tuesday, August, 7th 2018. View Earnings Estimates for Newfield Exploration.

23 brokerages have issued 12 month price targets for Newfield Exploration's stock. Their predictions range from $28.00 to $48.00. On average, they expect Newfield Exploration's stock price to reach $37.65 in the next year. View Analyst Ratings for Newfield Exploration.

Newfield Exploration saw a decline in short interest during the month of May. As of May 15th, there was short interest totalling 10,311,136 shares, a decline of 23.6% from the April 30th total of 13,504,163 shares. Based on an average daily volume of 4,685,727 shares, the days-to-cover ratio is presently 2.2 days. Approximately 5.2% of the company's stock are short sold.

Some companies that are related to Newfield Exploration include Devon Energy (DVN), Concho Resources (CXO), Marathon Oil (MRO), Noble Energy (NBL), Apache (APA), EQT (EQT), Rwe Ag Sp (RWEOY), GALP ENERGIA SG/ADR (GLPEY), TORAY INDUSTRIE/ADR (TRYIY), Encana (ECA), Diamondback Energy (FANG), Cenovus Energy (CVE), Cabot Oil & Gas (COG), Parsley Energy (PE) and Cimarex Energy (XEC).

News stories about NFX stock have trended somewhat positive recently, according to Accern Sentiment. The research firm rates the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Newfield Exploration earned a media sentiment score of 0.20 on Accern's scale. They also assigned headlines about the energy company an impact score of 46.10 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Newfield Exploration's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.05%), Van ECK Associates Corp (1.71%), Northern Trust Corp (1.15%), Dimensional Fund Advisors LP (1.11%), Schroder Investment Management Group (1.08%) and TCW Group Inc. (0.89%). Company insiders that own Newfield Exploration stock include James Kent Wells, Juanita F Romans, Lee K Boothby, Matthew R Vezza, Pamela J Gardner, Roger B Plank and Thomas G Ricks. View Institutional Ownership Trends for Newfield Exploration.

NFX stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Prudential Financial Inc., KBC Group NV, OppenheimerFunds Inc., JPMorgan Chase & Co., Swiss National Bank, Schwab Charles Investment Management Inc. and Van ECK Associates Corp. Company insiders that have sold Newfield Exploration company stock in the last year include Juanita F Romans and Lee K Boothby. View Insider Buying and Selling for Newfield Exploration.

NFX stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Point72 Asset Management L.P., LSV Asset Management, Carillon Tower Advisers Inc., Dimensional Fund Advisors LP, Guggenheim Capital LLC, Cobalt Capital Management Inc. and DekaBank Deutsche Girozentrale. Company insiders that have bought Newfield Exploration stock in the last two years include James Kent Wells, Roger B Plank and Thomas G Ricks. View Insider Buying and Selling for Newfield Exploration.

Shares of NFX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of NFX stock can currently be purchased for approximately $28.75.

Newfield Exploration has a market capitalization of $5.57 billion and generates $1.77 billion in revenue each year. The energy company earns $427 million in net income (profit) each year or $2.15 on an earnings per share basis. Newfield Exploration employs 1,010 workers across the globe.

Newfield Exploration's mailing address is 4 Waterway Square Place Suite 100, The Woodlands TX, 77380. The energy company can be reached via phone at 281-210-5100 or via email at [email protected]