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Newfield Exploration (NYSE:NFX) VP Stephen C. Campbell sold 2,281 shares of the stock in a transaction dated Wednesday, July 2nd. The stock was sold at an average price of $43.89, for a total value of $100,113.09. Following the sale, the vice president now directly owns 22,633 shares of the company’s stock, valued at approximately $993,362. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

A number of analysts have recently weighed in on NFX shares. Analysts at Zacks upgraded shares of Newfield Exploration from a “neutral” rating to an “outperform” rating in a research note on Thursday. They now have a $53.00 price target on the stock. Separately, analysts at Societe Generale downgraded shares of Newfield Exploration from a “buy” rating to a “hold” rating in a research note on Thursday. They now have a $47.00 price target on the stock, up previously from $42.00. Finally, analysts at KLR Group downgraded shares of Newfield Exploration from an “accumulate” rating to a “hold” rating in a research note on Tuesday, June 24th. They now have a $41.00 price target on the stock. Five analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $44.08.

Newfield Exploration (NYSE:NFX) traded down 1.15% during mid-day trading on Monday, hitting $43.09. 1,190,720 shares of the company’s stock traded hands. Newfield Exploration has a 52-week low of $22.71 and a 52-week high of $44.40. The stock has a 50-day moving average of $39.18 and a 200-day moving average of $30.91. The company has a market cap of $5.749 billion and a P/E ratio of 14.18.

Newfield Exploration (NYSE:NFX) last announced its earnings results on Tuesday, April 29th. The company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.04. The company had revenue of $553.00 million for the quarter, compared to the consensus estimate of $513.71 million. During the same quarter in the previous year, the company posted $0.45 earnings per share. The company’s revenue for the quarter was up 49.5% on a year-over-year basis. On average, analysts predict that Newfield Exploration will post $1.98 earnings per share for the current fiscal year.

Newfield Exploration Company (NYSE:NFX) is an independent energy company engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids.

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