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Newfield Exploration Co (NFX.N)

NFX.N on New York Stock Exchange

46.96USD
7 Dec 2016
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Latest Key Developments (Source: Significant Developments)

Newfield to sell its Texas assets for nearly $390 mln
Wednesday, 3 Aug 2016 08:00am EDT 

Newfield Exploration Co : Newfield signs agreements to sell its Texas assets for nearly $390 million . Announced signing of two separate purchase and sale agreements to divest substantially all of its assets in Texas . Transactions include Newfield's unconventional assets in eagle ford shale and conventional natural gas assets in south and west Texas . Proceeds from sale of Texas assets will replenish cash balance, position for timely acceleration of "stack development" . Second agreement for conventional natural gas assets in south Texas was signed with an undisclosed party . Newfield signs agreements to sell its Texas assets for nearly $390 million . Newfield expects to update its 2016 production guidance upon closing of two transactions .Expects to update its 2016 production guidance upon closing of these two transactions.  Full Article

Newfield Exploration reports Q2 adjusted EPS $0.32
Tuesday, 2 Aug 2016 08:15pm EDT 

Newfield Exploration Co : Q2 adjusted earnings per share $0.32 . Qtrly oil, gas and ngl revenues $381 million versus $469 million . Newfield exploration reports results for q2 2016 . Newfield exploration co qtrly earnings per share $3.36 . Sees 2016 domestic net production to be 53 - 54.5 MMBOE . Sees 2016 Total Company Net Production Guidance Was Raised To 58-59.5 mmboe . Company's 2016 capital budget was increased to $700 - $750 million .Q2 earnings per share view $0.15, revenue view $404.8 million -- Thomson Reuters I/B/E/S.  Full Article

Newfield Exploration reports Q2 adjusted EPS $0.32
Tuesday, 2 Aug 2016 04:14pm EDT 

Newfield Exploration Co : Q2 adjusted earnings per share $0.32 . Qtrly oil, gas and ngl revenues $381 million versus $469 million . Newfield exploration reports results for q2 2016 . Newfield exploration co qtrly earnings per share $3.36 . Sees 2016 domestic net production to be 53 - 54.5 MMBOE . Sees 2016 Total Company Net Production Guidance Was Raised To 58-59.5 mmboe . Company's 2016 capital budget was increased to $700 - $750 million .Q2 earnings per share view $0.15, revenue view $404.8 million -- Thomson Reuters I/B/E/S.  Full Article

Newfield Exploration sees Q2 domestic net production to be more than 13.6 MMBOE
Tuesday, 21 Jun 2016 04:01pm EDT 

Newfield Exploration Co : Newfield provides interim operations update . Q2 2016 net production for company is now expected to exceed mid-point of guidance by approximately 0.5 MMBOE . Domestic net production for q2 of 2016 is expected to be more than 13.6 MMBOE . International net production for q2 of 2016 is expected to be approximately 1.6 MMBOE . International net production for q2 of 2016 is expected to be approximately 1.6 MMBOE . Full-Year 2016 net production for company is now expected to be 56.0 - 58.0 MMBOE . Q2 2016 net production for company is now estimated to be about 15.2 MMBO .Newfield provides interim operations update.  Full Article

Newfield Exploration Co to acquire an additional 42,000 net acres in STACK
Thursday, 5 May 2016 08:18am EDT 

Newfield Exploration Co:Signed a definitive purchase and sale agreement with a subsidiary of Chesapeake Energy Corporation to acquire approximately 42,000 net acres in the Anadarko Basin STACK play for $470 million.Expects to fund the transaction with cash on hand and closing is planned for the second quarter of 2016.  Full Article

Newfield Exploration Co raises FY 2016 production guidance
Tuesday, 3 May 2016 04:01pm EDT 

Newfield Exploration Co:Newfield increased FY 2016 domestic net production guidance to 50 -- 52 MMBOE (previous forecast: 49 -- 51.0 MMBOE).Total Company FY 2016 net production guidance was raised to 54.5 -- 56.5 (previous forecast: 53.3 -- 55.3 MMBOE).  Full Article

Newfield Exploration Co raises FY 2015 production guidance
Tuesday, 3 Nov 2015 04:01pm EST 

Newfield Exploration Co:Increases FY 2015 domestic net production guidance to 50.0 -- 50.5 MMBOE (previous forecast: 48.5 -- 50.0 MMBOE).  Full Article

Newfield Exploration Co gives FY 2015 production guidance
Tuesday, 4 Aug 2015 04:21pm EDT 

Newfield Exploration Co:Expects FY 2015 total company net production guidance to be 53. 5 - 55.0 MMBOE.  Full Article

Newfield Exploration Co completes public offering of $700 mln of 5 3/8 pct senior notes due 2026 - Form 8-K
Thursday, 12 Mar 2015 12:43pm EDT 

Newfield Exploration Co:On March 10, company completed public offering of $700 mln aggregate principal amount of company’s 5 3/8 pct Senior Notes due 2026.  Full Article

Newfield Exploration Co announces upsizing and pricing of $700 mln of 5 3/8 pct senior notes due 2026
Thursday, 5 Mar 2015 04:03pm EST 

Newfield Exploration Co:Has priced its public offering of $700 mln of 5 3/8 pct senior notes due 2026, an increase over previously said offering of $500 mln aggregate principal amount.Notes were issued at par.Expects to close offering on March 10, 2015 and intends to use net proceeds from the offering, along with cash on hand or borrowings under its revolving credit facility, to redeem its outstanding 6 7/8 pct Senior Subordinated Notes due 2020.J.P. Morgan Securities LLC, Wells Fargo Securities, LLC, Mitsubishi UFJ Securities (USA), Inc., Scotia Capital (USA) Inc., U.S. Bancorp Investments, Inc. and Goldman, Sachs & Co. are acting as joint book-running managers for the offering.  Full Article

BRIEF-Newfield Exploration reports Q3 earnings per share $0.24

* Newfield exploration - fy 2016 domestic net production is now expected to be 53.7 - 54.1 mmboe,total co net production guidance raised to 58.8 - 59.2 mmboe