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
Industry Oil & Gas Exploration and Production
Sub-IndustryOil & Gas Exploration & Production
Trailing P/E Ratio13.4104046242775
Forward P/E Ratio10.94
Sales & Book Value
Annual Sales$1.47 billion
Price / Sales3.15
Cash Flow$3.45 per share
Price / Cash6.72
Book Value$4.72 per share
Price / Book4.92
Return on Equity35.28%
Return on Assets8.89%
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) issued its quarterly earnings data on Tuesday, February, 20th. The energy company reported $0.71 earnings per share for the quarter, topping analysts' consensus estimates of $0.60 by $0.11. The energy company earned $509 million during the quarter, compared to analysts' expectations of $497.95 million. Newfield Exploration had a return on equity of 35.28% and a net margin of 20.62%. The firm's quarterly revenue was up 22.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.49 EPS. 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?
22 Wall Street analysts have issued 12-month target prices for Newfield Exploration's stock. Their forecasts range from $24.00 to $53.00. On average, they expect Newfield Exploration's share price to reach $39.14 in the next twelve months. View Analyst Ratings for Newfield Exploration.
What are Wall Street analysts saying about Newfield Exploration stock?
Here are some recent quotes from research analysts about Newfield Exploration stock:
- 1. According to Zacks Investment Research, "Newfield Exploration is well positioned to benefit from its holding in the Anadarko Basin. The company has substantial acres of land in the Oklahoma region, which gives it the financial flexibility and a sizeable acreage position in the region. This has helped the company to produce at higher-than-average levels. We appreciate the company’s measures to reduce cost related to core operations, especially in an unfavorable business scenario. However, the company has significant exposure to debt as its debt-to-capitalization ratio is 65.2%, much higher than 49.3% of the broader industry. The company’s price chart has underperformed the broader indices over the last year. On top of that, Newfield is primarily focused on the U.S. shale plays, with little exposure to China. Hence, less exposure to more profitable international oil resources is a drag." (1/31/2018)
- 2. BMO Capital Markets analysts commented, "We observed this earnings season that producers that communicated a competitive (and believable) growth-within-cash-flow game plan'and where compression of the EV/EBITDA multiple over time was more pronounced'were rewarded most or, put differently, punished less. The larger context being a rangebound commodity price environment. We see in NFX a producer that can generate the same, but where it's not until the outperiods that we begin to see greater evidence of improved capital efficiency. That's what is reflected in the revised estimates contained within." (2/27/2017)
- 3. KLR Group analysts commented, "We are increasing our NFX target price $2 to $46 per share due slightly lower capital intensity and higher liquids price realizations partially offset by higher operating/transport expense. Our '17 production expectation of ~150 Mboepd approximates the midpoint of guidance (148.2-151.5 Mboepd)." (2/22/2017)
Who are some of Newfield Exploration's key competitors?
Some companies that are related to Newfield Exploration include Cimarex Energy (XEC), Repsol Oil & Gas Canada (TLM), Parsley Energy (PE), EQT GP (EQGP), Rice Energy (RICE), Antero Resources (AR), RSP Permian (RSPP), WPX Energy (WPX), Energen (EGN), Murphy Oil (MUR), Vermilion Energy (VET), Texas Pacific Land Trust (TPL), Transportadora de Gas del Sur (TGS), PDC Energy (PDCE), Matador Resources (MTDR), Range Resources (RRC), Viper Energy Partners (VNOM) and Enerplus (ERF).
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)
Who owns Newfield Exploration stock?
Newfield Exploration's stock is owned by many different of retail and institutional investors. Top institutional shareholders 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 and Stephen C Campbell. View Institutional Ownership Trends for Newfield Exploration.
Who sold Newfield Exploration stock? Who is selling Newfield Exploration stock?
Newfield Exploration's 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.
Who bought Newfield Exploration stock? Who is buying Newfield Exploration stock?
Newfield Exploration's stock was purchased 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 and Roger B Plank. View Insider Buying and Selling for Newfield Exploration.
How do I buy Newfield Exploration stock?
Shares of Newfield Exploration 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 Newfield Exploration stock can currently be purchased for approximately $23.20.
How big of a company is Newfield Exploration?
Newfield Exploration has a market capitalization of $5.17 billion and generates $1.47 billion in revenue each year. The energy company earns $-1,230,000,000.00 in net income (profit) each year or $1.73 on an earnings per share basis. Newfield Exploration employs 994 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: ||2.59||2.65||2.67||2.72|
|Ratings Breakdown: ||0 Sell Rating(s)|
9 Hold Rating(s)
13 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
8 Hold Rating(s)
15 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
6 Hold Rating(s)
17 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
5 Hold Rating(s)
19 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$39.14||$39.24||$38.90||$42.27|
|Price Target Upside: ||52.13% upside||16.30% upside||28.38% upside||67.02% upside|
Newfield Exploration (NYSE:NFX) Consensus Price Target History
Newfield Exploration (NYSE:NFX) Analyst Ratings History
(Data available from 2/21/2016 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|
|5/1/2018|| || || || || || || || |
|2/20/2018||Q4 2017||$0.60||$0.71||$497.95 million||$509.00 million||View||N/A|
|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: $2.89
2019 EPS Consensus Estimate: $3.74
(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|
|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 Wednesday, February, 21, 2018