Last $44.68 USD
Change Today -0.14 / -0.31%
Volume 532.6K
NFX On Other Exchanges
Symbol
Exchange
New York
As of 12:01 PM 07/23/14 All times are local (Market data is delayed by at least 15 minutes).

newfield exploration co (NFX) Snapshot

Open
$44.90
Previous Close
$44.82
Day High
$45.01
Day Low
$44.42
52 Week High
07/23/14 - $45.01
52 Week Low
08/21/13 - $22.71
Market Cap
6.1B
Average Volume 10 Days
2.5M
EPS TTM
$1.53
Shares Outstanding
136.3M
EX-Date
--
P/E TM
29.1x
Dividend
--
Dividend Yield
--
Current Stock Chart for NEWFIELD EXPLORATION CO (NFX)

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newfield exploration co (NFX) Details

Newfield Exploration Company, an independent energy company, is engaged in the exploration, development, and production of crude oil, natural gas, and natural gas liquids. Its primary areas of operation include the Mid-Continent, the Rocky Mountains, and onshore Gulf Coast. As of December 31, 2013, the company had proved reserves of 576 million barrels of oil equivalent. Newfield Exploration Company was founded in 1988 and is headquartered in The Woodlands, Texas.

1,548 Employees
Last Reported Date: 02/28/14
Founded in 1988

newfield exploration co (NFX) Top Compensated Officers

Chairman of the Board, Chief Executive Office...
Total Annual Compensation: $1.1M
Founder, Executive Vice President and Special...
Total Annual Compensation: $647.6K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $577.4K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $778.3K
Vice President of Onshore Gulf Coast
Total Annual Compensation: $491.2K
Compensation as of Fiscal Year 2013.

newfield exploration co (NFX) Key Developments

Newfield Exploration Company Raises Production and Capital Investments Guidance for the Year 2014

Newfield Exploration Company raised production and capital investments guidance for the year 2014. The company raised its 2014 production forecast to 46.5 MMBOE - 48.5 MMBOE compared to previous guidance was of 44 MMBOE - 48 MMBOE. As a result of new leasing and efficiencies associated with its drilling campaigns, the company increased its 2014 domestic capital budget by approximately $100 million to $1.7 billion compared to previous guidance of $1.6 billion.

Newfield Exploration Co. Reports Earnings Results for the First Quarter Ended March 31, 2014

Newfield Exploration Co. reported earnings results for the first quarter ended March 31, 2014. The company has reported that net income for the first quarter ended March 31, 2014 was $284 million, or $2.07 per diluted share, compared to a net loss of $8 million, or $0.06 loss per diluted share, for the same quarter ended March 31, 2013. Oil, gas and NGL revenues for the first quarter ended March 31, 2014 were $553 million, compared to $370 million for the same quarter ended March 31, 2013. Income from operations for the first quarter ended March 31, 2014 was $173 million, compared to $78 million for the same quarter ended March 31, 2013.

Newfield Exploration Co. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014; Provide Production and Interest Expense Guidance for the Second Quarter and Full Year of 2014

Newfield Exploration Co. announced unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, oil, gas and NGL revenues were $553 million, income from operations was $173 million, income from continuing operations before income taxes was $41 million, income from continuing operations was $24 million or $0.17 per diluted share and net income was $284 million or $2.07 per diluted share against oil, gas and NGL revenues of $370 million, income from operations of $78 million, loss from continuing operations before income taxes of $41 million, loss from continuing operations of $25 million or $0.19 per diluted share and net loss of $8 million or $0.06 per diluted share for the same period a year ago. Net cash provided by operating activities was $365 million against $359 million a year ago. Additions to oil and gas properties and other was $561 million against $403 million a year ago. Net cash provided by operating activities before changes in operating assets and liabilities was $345 million. Net income would have been $60 million, or $0.44 per diluted share, excluding loss on commodity derivatives and income from discontinued international operations. Newfield's net production from continuing operations in the first quarter of 2014 was 10.7 MMBOE, exceeding the mid-point of quarterly guidance by 0.4 MMBOE. The company expects production of 10.7 to 11.3 MMBOE for the second quarter of 2014. It expects interest expense of $50 million for the second quarter of 2014. The company expects production of 44.0 to 48.0 MMBOE for the year of 2014. It expects interest expense of $200 million for the year 2014.

 

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NFX

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Valuation NFX Industry Range
Price/Earnings 44.7x
Price/Sales 3.1x
Price/Book 1.8x
Price/Cash Flow 5.3x
TEV/Sales 1.5x
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