Key Developments: Newfield Exploration Co (NFX)

NFX on New York Consolidated

24.66USD
21 May 2013
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Latest Key Developments (Source: Significant Developments)

Newfield Exploration Co Reaffirms FY 2013 Production Guidance
Tuesday, 23 Apr 2013 04:46pm EDT 

Newfield Exploration Co announced that for fiscal 2013 it expects production to range from 44-47 million BOE.  Full Article

Newfield Exploration Co Issues FY 2013 Production Guidance
Wednesday, 13 Feb 2013 06:34pm EST 

Newfield Exploration Co announced that for fiscal 2013 it expects production to range from 44-47 million BOE.  Full Article

Newfield Exploration Co Revises FY 2012 Production Guidance
Friday, 5 Oct 2012 04:15pm EDT 

Newfield Exploration Co announced that for fiscal 2012, it expects that its production will be approximately 298 Bcfe.  Full Article

Newfield Exploration Company Revises FY 2012 Production Guidance
Tuesday, 24 Jul 2012 04:21pm EDT 

Newfield Exploration Company raised fiscal 2012 expectations for total production to 296-304 Bcfe from previous guidance range 292-302 Bcfe.  Full Article

Newfield Exploration Company Raises FY 2012 Production Guidance
Thursday, 19 Jul 2012 09:10am EDT 

Newfield Exploration Company announced that for fiscal 2012, it is raising its expectations for total Company production to 296 -- 304 Bcfe (previous guidance was 292 -- 302 Bcfe).  Full Article

Newfield Exploration Company Announces Pricing Of $1 Billion Of 5 5/8% Senior Notes Due 2024
Tuesday, 19 Jun 2012 04:27pm EDT 

Newfield Exploration Company announced that it has priced its public offering of $1 billion of 5 5/8% Senior Notes due 2024. The notes were issued at par. The Company expects to close the offering on June 26, 2012 and intends to use the net proceeds from the offering to fund its tender offer and consent solicitation for its existing 6 5/8% Senior Subordinated Notes due 2016 and to reduce borrowings outstanding under its credit arrangements. Wells Fargo Securities, LLC is acting as sole book-running manager for the offering.  Full Article

Newfield Exploration Company Raises FY 2012 Production Guidance; Issues Q2 2012 Production Guidance
Tuesday, 24 Apr 2012 04:10pm EDT 

Newfield Exploration Company announced that it has raised its fiscal 2012 expectations for total company production to 292-302 Bcfe (previous guidance was 290-300 Bcfe). For the second quarter of 2012, Newfield expects production to be approximately 76 Bcfe (comprised of 40 Bcfe of natural gas, 3.6 MMBbls of domestic oil and liquids and 2.4 MMBbls of international oil).  Full Article

Newfield Exploration Company Sell $335 Million Of Assets In 2012-DJ
Monday, 6 Feb 2012 11:12am EST 

Dow Jones reported that Newfield Exploration Company expects to raise $735 million by selling non-strategic assets. The figure includes $400 million in sales closed in 2011 and an additional $335 million in sales expected to close in early 2012.  Full Article

Newfield Exploration Company Announces Uinta Basin Crude Oil Supply Agreement
Monday, 5 Dec 2011 09:01am EST 

Newfield Exploration Company announced that the signing of a crude oil supply agreement with Tesoro Corporation to provide 18,000 barrels per day of supply capacity at Tesoro's refinery in Salt Lake City, Utah . The new agreement spans a seven-year period, with commitments commencing in 2013, and secures additional supply capacity for Newfield's planned oil growth in the Uinta Basin. The oil price differential associated with this agreement is not materially different than Newfield's current supply contracts in the basin.  Full Article

Newfield Exploration Company Lowers FY 2011 Production Guidance
Wednesday, 19 Oct 2011 07:35pm EDT 

Newfield Exploration Company adjusted its fiscal 2011 production guidance to 300–304 Bcfe (previous guidance was 312–316 Bcfe).  Full Article

One killed, two injured in Utah oil field fire

- An oil field worker was killed and two others injured in a fire near a production well in Utah owned by the Newfield Exploration Company, a company official said Wednesday.

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