Newfield Exploration (NFX) Scheduled to Post Earnings on Tuesday

Newfield Exploration (NYSE:NFX) will release its earnings data after the market closes on Tuesday, February 20th. Analysts expect Newfield Exploration to post earnings of $0.55 per share for the quarter.

Newfield Exploration (NYSE NFX) opened at $26.78 on Tuesday. The company has a debt-to-equity ratio of 1.87, a quick ratio of 1.15 and a current ratio of 1.17. Newfield Exploration has a 12 month low of $24.41 and a 12 month high of $43.74. The stock has a market capitalization of $5,186.10, a P/E ratio of 15.48, a PEG ratio of 0.53 and a beta of 1.35.

Several research firms have recently issued reports on NFX. B. Riley began coverage on Newfield Exploration in a research note on Monday, February 5th. They set a “buy” rating and a $46.00 target price on the stock. Zacks Investment Research cut Newfield Exploration from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 31st. Morgan Stanley boosted their target price on Newfield Exploration from $33.00 to $37.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 24th. KLR Group cut Newfield Exploration from a “buy” rating to a “hold” rating and set a $36.00 target price on the stock. in a research note on Tuesday, January 23rd. Finally, Cowen set a $40.00 target price on Newfield Exploration and gave the company a “buy” rating in a research note on Thursday, January 18th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and thirteen have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $39.00.

In related news, CEO Lee K. Boothby sold 12,000 shares of the company’s stock in a transaction on Tuesday, January 2nd. The stock was sold at an average price of $31.84, for a total value of $382,080.00. Following the sale, the chief executive officer now directly owns 223,235 shares of the company’s stock, valued at $7,107,802.40. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Over the last ninety days, insiders sold 36,000 shares of company stock worth $1,138,680. 0.54% of the stock is owned by insiders.

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Newfield Exploration Company Profile

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.

Earnings History for Newfield Exploration (NYSE:NFX)

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