About Newfield Exploration (NYSE:NFX)
Newfield Exploration Company is an independent exploration and production company. It is engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids. Its operating segments are the United States and China. Its the United States operations are onshore and focus primarily on large scale, liquids resource plays. Its principal areas of operation are the Anadarko and Arkoma basins of Oklahoma, the Williston Basin of North Dakota and the Uinta Basin of Utah. It has oil producing assets offshore China. As of December 31, 2016, its proved reserves of 513 million barrels of oil equivalents (MMBOE) consisted of 304 MMBOE proved developed producing, 10 MMBOE proved developed non-producing and 199 MMBOE proved undeveloped reserves. As of December 31, 2016, its proved liquids reserves were 285 million barrels of crude oil or other liquid hydrocarbons. As of December 31, 2016, 67% of its proved liquids reserves were crude oil or condensate.
Industry, Sector and Symbol
Sub-IndustryOil & Gas Exploration & Production
Trailing P/E Ratio11.7323943661972
Forward P/E Ratio8.30
Sales & Book Value
Annual Sales$1.77 billion
Price / Sales2.84
Cash Flow$4.56 per share
Price / Cash5.51
Book Value$7.05 per share
Price / Book3.57
Net Income$427 million
Return on Equity35.57%
Return on Assets9.55%
Newfield Exploration (NYSE:NFX) Frequently Asked Questions
What is Newfield Exploration's stock symbol?
Newfield Exploration trades on the New York Stock Exchange (NYSE) under the ticker symbol "NFX."
How were Newfield Exploration's earnings last quarter?
Newfield Exploration Co. (NYSE:NFX) released its quarterly earnings data on Tuesday, February, 20th. The energy company reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.11. The energy company had revenue of $509 million for the quarter, compared to analyst estimates of $497.95 million. Newfield Exploration had a net margin of 24.17% and a return on equity of 35.57%. Newfield Exploration's quarterly revenue was up 22.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.49 earnings per share. View Newfield Exploration's Earnings History.
When will Newfield Exploration make its next earnings announcement?
Where is Newfield Exploration's stock going? Where will Newfield Exploration's stock price be in 2018?
21 Wall Street analysts have issued twelve-month target prices for Newfield Exploration's shares. Their forecasts range from $24.00 to $50.00. On average, they anticipate Newfield Exploration's stock price to reach $37.80 in the next year. View Analyst Ratings for Newfield Exploration.
Are investors shorting Newfield Exploration?
Newfield Exploration saw a increase in short interest in the month of February. As of February 28th, there was short interest totalling 14,870,789 shares, an increase of 36.1% from the February 15th total of 10,925,952 shares. Based on an average trading volume of 6,387,668 shares, the days-to-cover ratio is currently 2.3 days. Approximately 9.2% of the shares of the stock are short sold.
Who are some of Newfield Exploration's key competitors?
Some companies that are related to Newfield Exploration include Cimarex Energy (XEC), Parsley Energy (PE), Antero Resources (AR), RSP Permian (RSPP), WPX Energy (WPX), Energen (EGN), Centennial Resource Development (CDEV), Murphy Oil (MUR), Crescent Point Energy (CPG), Vermilion Energy (VET), Range Resources (RRC), ARC Resources (AETUF), PDC Energy (PDCE), CNX Resources (CNX), Black Stone Minerals (BSM), Tallgrass Energy GP (TEGP), Matador Resources (MTDR) and Whiting Petroleum (WLL).
Who are Newfield Exploration's key executives?
Newfield Exploration's management team includes the folowing people:
- Lee K. Boothby, Chairman of the Board, President, Chief Executive Officer (Age 55)
- Lawrence S. Massaro, Chief Financial Officer, Executive Vice President (Age 53)
- Gary D. Packer, Chief Operating Officer, Executive Vice President (Age 54)
- George T. Dunn, Senior Vice President - Development (Age 59)
- John H. Jasek, Senior Vice President - Operations (Age 47)
- George W. Fairchild Jr., Chief Accounting Officer (Age 49)
- Matthew R. Vezza, Vice President — Assets following the consolidation of the Company's Mid-Continent business (Age 43)
- Timothy D. Yang, General Counsel, Corporate Secretary (Age 44)
- Steven W. Nance, Lead Independent Director (Age 60)
- Pamela J. Gardner, Independent Director (Age 60)
Has Newfield Exploration been receiving favorable news coverage?
News stories about NFX stock have trended somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Newfield Exploration earned a media sentiment score of 0.06 on Accern's scale. They also gave news headlines about the energy company an impact score of 44.85 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.
Who are Newfield Exploration's major shareholders?
Newfield Exploration's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.99%), Boston Partners (2.50%), Geode Capital Management LLC (1.08%), Schroder Investment Management Group (1.05%), Two Sigma Advisers LP (1.02%) and Deutsche Bank AG (1.00%). Company insiders that own Newfield Exploration stock include Gary D Packer, George W Fairchild Jr, James Kent Wells, John H Jasek, Juanita F Romans, Lee K Boothby, Matthew R Vezza, Pamela J Gardner, Roger B Plank, Stephen C Campbell and Thomas G Ricks. View Institutional Ownership Trends for Newfield Exploration.
Which major investors are selling Newfield Exploration stock?
NFX stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Renaissance Technologies LLC, Deutsche Bank AG, NWQ Investment Management Company LLC, Kennedy Capital Management Inc., Mitchell Group Inc., Guggenheim Capital LLC and Metropolitan Life Insurance Co. NY. 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.
Which major investors are buying Newfield Exploration stock?
NFX stock was bought by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., Allianz Asset Management GmbH, Amundi Pioneer Asset Management Inc., Two Sigma Advisers LP, KBC Group NV, Picton Mahoney Asset Management, Ardsley Advisory Partners and BlackRock Inc.. 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.
How do I buy shares of 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.
What is Newfield Exploration's stock price today?
One share of NFX stock can currently be purchased for approximately $25.14.
How big of a company is Newfield Exploration?
Newfield Exploration has a market capitalization of $4.95 billion and generates $1.77 billion in revenue each year. The energy company earns $427 million in net income (profit) each year or $2.13 on an earnings per share basis. Newfield Exploration employs 1,010 workers across the globe.
How can I contact Newfield Exploration?
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]
MarketBeat Community Rating for Newfield Exploration (NFX)MarketBeat's community ratings are surveys of what our community members think about Newfield Exploration and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Newfield Exploration (NYSE:NFX) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Buy||Buy|
|Consensus Rating Score: ||2.62||2.59||2.61||2.71|
|Ratings Breakdown: ||0 Sell Rating(s)|
8 Hold Rating(s)
13 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
9 Hold Rating(s)
13 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
9 Hold Rating(s)
14 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
5 Hold Rating(s)
18 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$37.80||$39.14||$38.20||$40.81|
|Price Target Upside: ||50.36% upside||52.13% upside||25.53% upside||50.53% upside|
Newfield Exploration (NYSE:NFX) Consensus Price Target History
Newfield Exploration (NYSE:NFX) Analyst Ratings History
(Data available from 3/23/2016 forward)
Newfield Exploration (NYSE:NFX) Earnings History and Estimates Chart
Newfield Exploration (NYSE NFX) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/20/2018||Q4 2017||$0.60||$0.71||$497.95 million||$509.00 million||View||Listen|
|10/31/2017||Q3 2017||$0.43||$0.52||$419.75 million||$439.00 million||View||N/A|
|8/1/2017||Q2 2017||$0.44||$0.43||$413.70 million||$402.00 million||View||Listen|
|5/2/2017||Q1 2017||$0.45||$0.57||$425.44 million||$417.00 million||View||Listen|
|2/21/2017||Q416||$0.37||$0.49||$397.74 million||$415.00 million||View||Listen|
|11/1/2016||Q316||$0.27||$0.45||$414.42 million||$392.00 million||View||Listen|
|8/2/2016||Q216||$0.15||$0.32||$379.74 million||$381.00 million||View||Listen|
|5/3/2016||Q116||($0.12)||($0.09)||$342.91 million||$284.00 million||View||Listen|
|2/24/2016||Q415||$0.03||$0.30||$462.17 million||$362.00 million||View||Listen|
|11/3/2015||Q315||$0.16||$0.21||$489.81 million||$377.00 million||View||Listen|
|8/4/2015||Q215||$0.20||$0.46||$485.98 million||$469.00 million||View||Listen|
|5/5/2015||Q115||$0.08||$0.02||$428.20 million||$349.00 million||View||Listen|
|2/24/2015||Q414||$0.43||$0.38||$555.20 million||$495.00 million||View||Listen|
|10/28/2014||Q314||$0.52||$0.52||$584.36 million||$610.00 million||View||Listen|
|7/29/2014||Q214||$0.51||$0.43||$582.60 million||$608.00 million||View||Listen|
|4/29/2014||Q114||$0.40||$0.44||$513.71 million||$553.00 million||View||Listen|
|2/25/2014||Q413||$0.44||$0.48||$584.36 million||$498.00 million||View||Listen|
|11/5/2013||Q313||$0.51||$0.70||$569.43 million||$486.00 million||View||Listen|
|7/24/2013||Q2 2013||$0.41||$0.37||$632.90 million||$623.00 million||View||Listen|
|4/23/2013||Q1 2013||$0.44||$0.45||$647.73 million||$651.00 million||View||Listen|
|2/19/2013||Q4 2012||$0.42||($10.39)||$641.37 million||$646.00 million||View||Listen|
Newfield Exploration (NYSE:NFX) Earnings Estimates
2018 EPS Consensus Estimate: $2.86
2019 EPS Consensus Estimate: $3.45
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Newfield Exploration (NYSE:NFX)
No dividend announcements for this company have been tracked by MarketBeat.com
Newfield Exploration (NYSE NFX) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.54%
Institutional Ownership Percentage: 99.82%
Newfield Exploration (NYSE NFX) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|3/1/2018||Thomas G Ricks||Director||Buy||8,250||$23.78||$196,185.00||66,447|| |
|2/1/2018||Lee K Boothby||Insider||Sell||12,000||$31.75||$381,000.00|| |
|1/2/2018||Lee K Boothby||CEO||Sell||12,000||$31.84||$382,080.00||223,235|| |
|12/1/2017||Lee K Boothby||Insider||Sell||12,000||$31.30||$375,600.00||243,322|| |
|11/3/2017||Juanita F Romans||Director||Sell||3,500||$30.02||$105,070.00||39,034|| |
|11/1/2017||Lee K Boothby||CEO||Sell||12,000||$31.70||$380,400.00||255,322|| |
|10/2/2017||Lee K Boothby||Insider||Sell||12,000||$29.10||$349,200.00|| |
|9/1/2017||Lee K Boothby||Insider||Sell||12,000||$26.18||$314,160.00||279,322|| |
|8/11/2017||Roger B Plank||Director||Buy||3,000||$25.98||$77,940.00||30,787|| |
|5/1/2017||Lee K Boothby||Insider||Sell||9,000||$34.57||$311,130.00||335,047|| |
|4/3/2017||Lee K Boothby||Insider||Sell||9,000||$36.88||$331,920.00||263,817|| |
|2/27/2017||James Kent Wells||Director||Buy||3,000||$36.94||$110,820.00||11,563|| |
|12/28/2016||Lee K Boothby||Insider||Sell||30,000||$41.72||$1,251,600.00||260,162|| |
|8/18/2016||Pamela J Gardner||Director||Sell||10,685||$46.22||$493,860.70||43,749|| |
|8/8/2016||Juanita F Romans||Director||Sell||2,015||$46.04||$92,770.60||36,810|| |
|6/23/2016||Matthew R Vezza||VP||Sell||4,600||$43.17||$198,582.00||41,306|| |
|5/26/2016||John H Jasek||VP||Sell||25,000||$40.93||$1,023,250.00||105,149|| |
|5/26/2016||Lee K Boothby||CEO||Sell||50,000||$40.95||$2,047,500.00||298,596|| |
|5/20/2016||Gary D Packer||COO||Sell||7,500||$40.46||$303,450.00||268,776|| |
|5/18/2016||George W Fairchild Jr||CAO||Sell||8,200||$40.04||$328,328.00||37,084|| |
|5/18/2016||Roger B Plank||Director||Buy||1,000||$39.22||$39,220.00||22,063|| |
|5/6/2016||Stephen C Campbell||VP||Sell||25,606||$37.63||$963,553.78||68,042|| |
|11/18/2015||George T Dunn||SVP||Sell||20,000||$41.01||$820,200.00||94,846|| |
|11/12/2015||Valerie A Mitchell||VP||Sell||10,713||$38.50||$412,450.50||1,267|| |
|11/11/2015||Gary D Packer||COO||Sell||40,000||$39.69||$1,587,600.00||166,904|| |
|11/10/2015||Roger B. Plank||Director||Buy||1,600||$39.64||$63,424.00||16,017|| |
|11/9/2015||Lee K Boothby||CEO||Sell||25,000||$39.54||$988,500.00||169,581|| |
|11/6/2015||Roger B. Plank||Director||Buy||600||$39.18||$23,508.00||16,017|| |
|8/21/2015||Roger B. Plank||Director||Buy||1,800||$32.37||$58,266.00||14,417|| |
|8/10/2015||Roger B Plank||Director||Buy||2,000||$34.14||$68,280.00|| |
|6/22/2015||Matthew R Vezza||VP||Sell||11,952||$37.20||$444,614.40|| |
|6/4/2015||Valerie A Mitchell||VP||Sell||11,686||$36.18||$422,799.48|| |
|5/11/2015||Charles E Shultz||Director||Sell||2,500||$36.56||$91,400.00|| |
|4/28/2015||Charles E Shultz||Director||Sell||6,250||$40.00||$250,000.00|| |
|4/10/2015||Charles E Shultz||Director||Sell||2,500||$37.45||$93,625.00|| |
|3/26/2015||Charles E Shultz||Director||Sell||1,250||$35.00||$43,750.00|| |
|3/10/2015||Charles E Shultz||Director||Sell||1,250||$31.13||$38,912.50|| |
|2/25/2015||Charles E Shultz||Director||Sell||3,750||$35.00||$131,250.00|| |
|2/10/2015||Charles E Shultz||Director||Sell||1,250||$30.20||$37,750.00|| |
|11/14/2014||Lee K Boothby||CEO||Sell||8,000||$33.13||$265,040.00|| |
|9/29/2014||William D Schneider||SVP||Sell||5,000||$38.45||$192,250.00|| |
|9/15/2014||Juanita F Romans||Director||Sell||6,424||$38.42||$246,810.08|| |
|8/26/2014||Gary D Packer||COO||Sell||35,000||$44.46||$1,556,100.00|| |
|7/2/2014||Stephen C Campbell||VP||Sell||2,281||$43.89||$100,113.09|| |
|6/23/2014||Charles E Shultz||Director||Sell||10,000||$43.84||$438,400.00|| |
|6/18/2014||Terry W Rathert||EVP||Sell||12,500||$42.07||$525,875.00|| |
|6/12/2014||Daryll T Howard||VP||Sell||15,000||$38.89||$583,350.00|| |
|5/28/2014||John H Jasek||VP||Sell||10,000||$36.10||$361,000.00|| |
|5/21/2014||John Marziotti||General Counsel||Sell||7,000||$35.35||$247,450.00||14,519|| |
|5/20/2014||William Schneider||SVP||Sell||5,000||$34.54||$172,700.00||76,394|| |
|5/8/2014||Lee Boothby||CEO||Sell||10,000||$33.70||$337,000.00||205,004|| |
|5/6/2014||Terry Rathert||EVP||Sell||14,646||$33.85||$495,767.10||138,888|| |
|3/4/2014||John Marziotti||General Counsel||Sell||5,133||$28.95||$148,600.35||14,519|| |
|3/4/2014||Terry Rathert||EVP||Sell||17,283||$28.90||$499,478.70||153,534|| |
|12/31/2013||Lee Boothby||CEO||Sell||3,500||$24.27||$84,945.00||220,917|| |
|12/27/2013||Lee Boothby||CEO||Sell||6,455||$24.59||$158,728.45||224,417|| |
|5/28/2013||Lee K Boothby||CEO||Sell||15,103||$24.76||$373,950.28|| |
|5/28/2013||Stephen C Campbell||VP||Buy||2,053||$24.32||$49,928.96|| |
|5/10/2013||Brian L Rickmers||Insider||Sell||10,000||$23.25||$232,500.00|| |
|8/22/2012||William D Schneider||VP||Sell||4,000||$31.91||$127,640.00|| |
Newfield Exploration (NYSE NFX) News Headlines
Newfield Exploration (NYSE:NFX) SEC Filings
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Newfield Exploration (NYSE:NFX) Income Statement, Balance Sheet and Cash Flow Statement
Newfield Exploration (NYSE NFX) Stock Chart for Friday, March, 23, 2018