Economy

Newfield Exploration Co. (NFX) — Trending Stock Analysis

NFX's profit will be $79.79M for 18.61 P/E if the $0.40 EPS becomes a reality.

The stock increased 0.64% or $0.19 during the last trading session, reaching $29.78.

What do the trading volumes reveal?

Newfield Exploration (NYSE:NFX) last issued its quarterly earnings data on Tuesday, August 1st. It has underperformed by 29.74% the S&P500. Pacer Advisors Inc. now owns 4,059 shares of the energy company's stock valued at $116,000 after buying an additional 319 shares during the period. The stock's short float is around of 4.18% and short ratio is 2.65. NFX's average trading volume during the past 20 days is higher than the average volume over the past 100 days, which could be an indication that investors are feeling more certain than usual about the direction of NFX's future price movements. It is down 11.28% since October 1, 2016 and is uptrending.

Investors sentiment increased to 1.19 in Q2 2017. Its up 0.19, from 1.02 in 2017Q1. Moreover, Sir Capital Management L.P. has 3.99% invested in the company for 933,219 shares. 165,785 are held by Sumitomo Mitsui Trust Inc. (NYSE:NFX). Agf holds 714,216 shares or 0.23% of its portfolio. About 5 shares traded. Bank Of New York Mellon Corp invested in 0.02% or 2.03M shares. Oberweis Asset Mgmt Inc reported 0.14% stake. Intrust Retail Bank Na holds 20,025 shares or 0.19% of its portfolio. Guardian Life Insur Communication Of America reported 446 shares. Piper Jaffray Companies lowered their price objective on Newfield Exploration from $53.00 to $41.00 and set an "overweight" rating for the company in a research note on Monday, September 18th. Tyvor Capital Llc, a Illinois-based fund reported 295,100 shares. Ubs Asset Americas Incorporated has invested 0% in CBL & Associates Properties, Inc. (NYSE:NFX). Stifel Financial reported 39,150 shares. Cibc Asset reported 17,797 shares. Alecta Pensionsforsakring Omsesidigt acquired 200,000 shares as Lauder (Estee) Co.

Since May 26, 2017, it had 2 insider purchases, and 0 selling transactions for $43,302 activity. 5,680 shares were bought by JACOB GARY S, worth $19,967. On Wednesday, May 17 the insider Curry Jeffery V. bought $17,688.

Among 28 analysts covering Estee Lauder (NYSE:EL), 21 have Buy rating, 1 Sell and 6 Hold. Therefore 67% are positive. Synergy Pharmaceuticals had 26 analyst reports since August 25, 2015 according to SRatingsIntel. As per Monday, September 11, the company rating was maintained by Jefferies. The firm earned "Neutral" rating on Friday, October 14 by Piper Jaffray. The stock of Synergy Pharmaceuticals Inc (NASDAQ:SGYP) earned "Neutral" rating by Citigroup on Friday, December 18. The correct version of this story can be viewed at https://www.truebluetribune.com/2017/09/28/grt-capital-partners-l-l-c-raises-holdings-in-newfield-exploration-company-nfx.html. The rating was maintained by Cantor Fitzgerald on Wednesday, June 7 with "Buy". Goldman Sachs has "Neutral" rating and $98 target. The firm earned "Buy" rating on Monday, June 26 by BTIG Research. Deprince Race & Zollo invested in 1.05% or 560,048 shares. Its down 0.45, from 1.94 in 2017Q1.

Armistice Capital Llc increased Aetna Inc New (NYSE:AET) stake by 14,000 shares to 64,000 valued at $9.72 million in 2017Q2. Gabelli Funds Llc holds 51,200 shares or 0.01% of its portfolio.

Let's take a look at how the stock has been performing recently. State Street Corp grew its stake in Newfield Exploration by 10.3% in the 1st quarter.

Shares of Newfield Exploration Company (NFX) opened at 29.55 on Friday. (NYSE:NFX) or 16,253 shares. Finance.Yahoo.com's news article titled: "Why Is Newfield Exploration (NFX) Down 7.4% Since the Last Earnings Report?" with publication date: September 01, 2017 was also an interesting one. Systematic Management Lp has 0.2% invested in JPMorgan Chase & Co. Newfield Exploration Company (NYSE:NFX) has an M-Score of -3.157924. 200 were accumulated by Mitsubishi Ufj Hldgs. Raymond James Assoc reported 320,075 shares stake. (NYSE:NFX). Cubic Asset Management Lc holds 8,805 shares. United Services Automobile Association holds 0.01% or 62,018 shares in its portfolio. Nokomis Capital L.L.C., a Texas-based fund reported 419,302 shares. Employees Retirement Of Texas reported 269,000 shares.

Newfield Exploration Company is an independent exploration and production company. The company's P/E (price to earnings) ratio is 19.31 and Forward P/E ratio of 13.47. As of December 31, 2016, its proved liquids reserves were 285 million barrels of crude oil or other liquid hydrocarbons (MMBbls). Now has a PEG ratio of - where as its P/E ratio is -. Its operating segments are the United States and China. The company had revenue of $402.00 million for the quarter, compared to analyst estimates of $413.70 million.

Why Newfield Exploration Company (NFX) stock is considered to be Overbought? Therefore 70% are positive. According to their predictions high & low revenue estimates are 454.84 Million and 386.18 Million respectively. Miller Howard Invests Ny stated it has 0.01% of its portfolio in Newfield Exploration Co. (NYSE:NFX) on Thursday, July 6 with "Buy" rating. The rating was maintained by RBC Capital Markets with "Buy" on Thursday, August 24. As per Friday, August 5, the company rating was downgraded by KLR Group. (NYSE:NFX) earned "Outperform" rating by Credit Suisse on Wednesday, September 9. They may also be used to assist the trader figure out proper support and resistance levels for the stock. Newfield Expl Co now has $5.94B valuation. BRAVO ROSE MARIE had sold 9,312 shares worth $892,928 on Thursday, June 8.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.



Like this

Latest


01 October 2017
Afghan airstrike kills 10 security forces officials in Helmand
The Sunday incident left another 11 injured, according to a member of the local council in the Gareshk district, Gul Agha Muslim. Defense Ministry spokesman General Dawlat Waziri confirmed the air strike, without providing further details.

01 October 2017
PetMed Express, Inc. (PETS) Rating Lowered to Hold at Zacks Investment Research
Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Kentucky-based Teachers Retirement System Of The State Of Kentucky has invested 0% in Petmed Express Inc (NASDAQ:PETS).

01 October 2017
Heritage Financial Corporation (HFWA) Shares Bought by Jacobs Asset Management LLC
Shares of Heritage Financial Corporation (NASDAQ: HFWA ) traded down 0.51% during mid-day trading on Friday, reaching $29.50. Following the completion of the acquisition, the director now owns 163,376 shares in the company, valued at $2,210,477.28.

01 October 2017
Bank of Nova Scotia (The) (BNS) Shares Sold by Guardian Capital LP
Hoplite Cap Mgmt Limited Partnership holds 6.21% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 1.55M shares. Guardian Capital LP owned about 0.59% of Bank of Nova Scotia (The ) worth $428,880,000 as of its most recent SEC filing.

01 October 2017
Bradley Cooper Offered The Role Of Vince McMahon In Upcoming Biopic Film
PWInsider reported last night that Hollywood A-lister Bradley Cooper has been offered the role of Vince McMahon in the upcoming biopic Pandemonium .

01 October 2017
Aspen Aerogels, Inc. (NYSE:ASPN) Shorts Down -37.08% - Shares Trading Up
Two analysts have provided estimates for Aspen Aerogels' earnings, with estimates ranging from $27.30 million to $29.73 million. ValuEngine lowered shares of Aspen Aerogels from a "sell" rating to a "strong sell" rating in a report on Friday, July 28th.

01 October 2017
Huawei to launch Honor 9 in India on 5th October
There is still no word yet on when the Huawei P9 will be launched in India, or even if it will be launched in India at all. In a reply to a user's question, Honor Global said that they are going to launch the Honor 9 in India on 5th October.

01 October 2017
In Germany were the first to record same-sex marriage
It is noted that in the capital of Germany today is expected to register marriages of eight gay couples. "This is an emotional moment with great symbolism", Kriele said.

01 October 2017
Japan's Finance Regulator Issues Licenses for 11 Bitcoin Exchanges
On the other hand, 12 firms that had been in the business before the new regulation chose to close down, the FSA said. There are still 17 Japanese bitcoin exchanges waiting for the FSA to review their applications for licensure.

01 October 2017
Trump Tells Tillerson He's 'Wasting His Time' Negotiating With Kim
The Chinese President Xi Jinping noted "a good working relationship and personal friendship" with President Trump. China has banned imports of North Korean coal, iron and lead ore, and seafood since early September.



Recommended