Analysts See $0.86 EPS for Newfield Exploration Company (NFX) on February, 19

Newfield Exploration Company (NYSE:NFX) Corporate Logo
Big Money Sentiment increased to 1.29 in Q3 2018. It has change of 0.38, from 2018Q2’s 0.91. The ratio is positive due to Newfield Exploration Company positioning: 27 sold and 122 reduced. 70 funds bought stakes and 122 increased stakes. Investors holded 193.06 million in 2018Q2 but now own 188.73 million shares or 2.24% less.
Farmers And Merchants Invests accumulated 88 shs or 0% of the stock. Icon Advisers Co reported 324,380 shs. 106,195 were reported by Gsa Cap Ptnrs Llp. 18,729 are owned by First Citizens National Bank & Trust And Trust. Talara Capital Mngmt Lc holds 1.68% or 107,385 shs. D E Shaw And stated it has 0.04% of its capital in Newfield Exploration Company (NYSE:NFX). Louisiana State Employees Retirement System, a Louisiana-based fund reported 11,700 shs. The California-based Tarbox Family Office has invested 0% in Newfield Exploration Company (NYSE:NFX). Stevens Management Lp invested in 0.09% or 81,239 shs. Everence Mgmt holds 0.08% or 13,130 shs in its capital. Fisher Asset Management has 0.01% invested in Newfield Exploration Company (NYSE:NFX) for 320,599 shs. Nomura Asset Mngmt Ltd accumulated 26,590 shs or 0.01% of the stock. Howe & Rusling Inc holds 11,287 shs. Tortoise Advsrs Ltd has 0.04% invested in Newfield Exploration Company (NYSE:NFX). 667,135 were reported by Nordea Invest Management.

Newfield Exploration Company registered $472,766 net activity with 0 insider buys and 1 insider sale since September 27, 2018.

Newfield Exploration Company (NYSE:NFX)’s quarterly earnings will be announced on February, 19., according to RTT. Last year’s earnings per share was $0.71, while now analysts expect change of 21.13 % up from current $0.86 earnings per share. In case of $0.86 earnings per share NFX’s profit could hit $170.34 million. -14.85 % negative EPS growth is what Wall Street’s forecasts after $1.01 reported EPS previous quarter. NFX is hitting $17.07 during the last trading session, after increased 4.40%.Newfield Exploration Company has volume of 6.83M shares. Since February 14, 2018 NFX has declined 45.91% and is downtrending. NFX underperformed the S&P500 by 45.91%.

Newfield Exploration Company (NYSE:NFX) Ratings Coverage

In total 8 analysts cover Newfield Exploration (NYSE:NFX). “Buy” rating has 2, “Sell” are 0, while 6 are “Hold”. (NYSE:NFX) has 25% bullish analysts. 11 are the (NYSE:NFX)’s ratings reports on Feb 14, 2019 according to StockzIntelligence Inc. On Monday, October 29 the rating was maintained by SunTrust with “Hold”. On Monday, November 5 the rating was maintained by Morgan Stanley with “Equal-Weight”. The company rating was downgraded by Susquehanna on Friday, November 2. On Sunday, November 25 Stifel Nicolaus maintained the shares of NFX in report with “Buy” rating. On Friday, November 2 Citigroup downgraded the shares of NFX in report to “Neutral” rating. On Friday, September 28 the firm has “Overweight” rating by PiperJaffray given. On Monday, December 10 the firm has “Neutral” rating by Seaport Global given. On Friday, October 12 the stock of Newfield Exploration Company (NYSE:NFX) earned “Equal-Weight” rating by Morgan Stanley. The company rating was downgraded by RBC Capital Markets on Friday, November 2. On Tuesday, November 20 the company was maintained by Morgan Stanley.

Newfield Exploration Company, an independent energy company, engages in the exploration, development, and production of crude oil, natural gas, and natural gas liquids in the United States.The firm is worth $3.38 billion. The company's principal areas of operation include the Anadarko and Arkoma basins of Oklahoma, the Williston Basin of North Dakota, and the Uinta Basin of Utah.The P/E ratio is 6.54. It also holds oil producing assets offshore China.

For more Newfield Exploration Company (NYSE:NFX) news published briefly go to: Nasdaq.com, Gurufocus.com, Seekingalpha.com, Gurufocus.com or Streetinsider.com. The titles are as follows: “Energy Sector Update for 02/12/2019: OPTT,NFX,ECA,ECA.TO,NAT,BRS – Nasdaq” published on February 12, 2019, “Jeremy Grantham’s Top 6 Buys During a Lousy 4th Quarter – GuruFocus.com” on February 13, 2019, “Newfield Exploration sees Q4 production at high end of guidance – Seeking Alpha” with a publish date: January 08, 2019, “T. Boone Pickens’ BP Capital Drills Into 6 New Stocks – GuruFocus.com” and the last “Encana (ECA) to Acquire Newfield Exploration (NFX) for $5.5B in All-Stock Deal – StreetInsider.com” with publication date: November 01, 2018.

Newfield Exploration Company (NYSE:NFX) Institutional Investors Chart

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