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) announced its quarterly earnings results on Tuesday, May, 1st. The energy company reported $0.82 EPS for the quarter, topping analysts' consensus estimates of $0.74 by $0.08. The energy company earned $580 million during the quarter, compared to analyst estimates of $552.56 million. Newfield Exploration had a return on equity of 36.67% and a net margin of 18.96%. The firm's revenue was up 39.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.57 earnings per share. 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.

24 Wall Street analysts have issued 1 year 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 $37.4545 in the next year. View Analyst Ratings for Newfield Exploration.

Newfield Exploration saw a decline in short interest in 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 trading volume, of 4,685,727 shares, the days-to-cover ratio is currently 2.2 days. Approximately 5.2% of the shares of the company are sold short.

Some companies that are related to Newfield Exploration include Devon Energy (DVN), Concho Resources (CXO), Marathon Oil (MRO), Noble Energy (NBL), Apache (APA), Galp (GLPEY), RWE (RWEOY), EQT (EQT), Toray Industries (TRYIY), Cenovus Energy (CVE), Encana (ECA), Diamondback Energy (FANG), Cabot Oil & Gas (COG), Parsley Energy (PE) and Cimarex Energy (XEC).

News articles about NFX stock have trended somewhat positive this week, Accern Sentiment reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Newfield Exploration earned a media sentiment score of 0.16 on Accern's scale. They also gave media headlines about the energy company an impact score of 45.66 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Newfield Exploration's stock is owned by a number of of retail and institutional investors. Top institutional shareholders 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, John H Jasek, 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 bought 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 $28.01.

Newfield Exploration has a market capitalization of $5.83 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]