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Newfield Exploration Co (NFX.N)

NFX.N on New York Stock Exchange

35.74USD
28 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Newfield Exploration Co expects that its Q1 2017 production will likely exceed high-end of guidance
Monday, 27 Mar 2017 08:00am EDT 

Newfield Exploration Co : Newfield Exploration Co - Newfield expects that its Q1 2017 production will likely exceed high-end of guidance .Newfield Exploration Co - Q1 2017 domestic production is expected to average approximately 137,700 boepd, or 3,500 boepd above original guidance.  Full Article

Newfield Exploration reports Q4 earnings per share $0.07
Tuesday, 21 Feb 2017 04:05pm EST 

Newfield Exploration Co - : Newfield Exploration reports results for fourth quarter and full-year 2016 . Q4 revenue $415 million versus i/b/e/s view $396.1 million . Q4 earnings per share $0.07 . Q4 adjusted earnings per share $0.49 . Q4 earnings per share view $0.37 -- Thomson Reuters I/B/E/S .Newfield's total net production in q4 of 2016 was 13.9 mmboe.  Full Article

Newfield Exploration Co 2017 capital investment plan is about $1.0 bln
Tuesday, 21 Feb 2017 04:05pm EST 

Newfield Exploration Co : Newfield Exploration Co - 2017 capital investment plan is set at approximately $1.0 billion . Newfield Exploration Co - provides year-end 2019 estimated exit rate of 150,000 - 170,000 boepd for its anadarko basin net production . Newfield Exploration Co - Newfield reaches agreement to sell its non-operated interests in bohai bay china oil fields . Newfield Exploration Co - provides 2017 - 19 estimated cagr of 15 - 20pct for its net domestic crude oil production . Newfield Exploration Co - no additional capital is planned for investment in China and pearl field is on natural decline . Newfield Exploration Co - reached an agreement to sell its interest in non-operated producing oil fields in Bohai bay China for approximately $39 million . Newfield Exploration Co - Q4 2017 net production from Anadarko basin is expected to increase to approximately 105,000 - 115,000 boepd . Newfield Exploration-including impact of Bohai bay sale at mid-year 2017, 2017 net production in China is expected to average nearly 6,000 boepd . Newfield Exploration - 2017 domestic net production for 2017 expected to average 142,500 - 145,500 boepd . Newfield Exploration Co - Newfield expects to run about 10 operated rigs in Anadarko basin in 2017 - 19 . Newfield Exploration Co - Newfield expects to drill 85 - 90 wells in stack and up to 50 wells in scoop for 2017.  Full Article

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

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BRIEF-Newfield Exploration Co expects that its Q1 2017 production will likely exceed high-end of guidance

* Newfield Exploration Co - Newfield expects that its Q1 2017 production will likely exceed high-end of guidance