Newfield Exploration (NFX) Earns Daily Media Impact Score of 0.16
News stories about Newfield Exploration (NYSE:NFX) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Newfield Exploration earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned press coverage about the energy company an impact score of 46.4505771225065 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Newfield Exploration Company (NYSE:NFX) Drops in Trading Today – Down by 5.549% – First News 24 (firstnewspaper24.com)
- Newfield Exploration Company (NFX) Given Average Rating of “Buy” by Brokerages (americanbankingnews.com)
- Volume Moving the Tape For Newfield Exploration Co (NFX) – Financial News Review (finnewsreview.com)
- Technical Research on Independent Oil & Gas Equities — Noble Energy, Newfield Exploration, SM Energy, and … – Markets Insider (markets.businessinsider.com)
Newfield Exploration (NFX) opened at 27.22 on Friday. The stock’s 50 day moving average is $26.14 and its 200-day moving average is $30.93. The company has a market capitalization of $5.38 billion, a P/E ratio of 17.65 and a beta of 1.49. Newfield Exploration has a 12-month low of $24.41 and a 12-month high of $50.00.
Newfield Exploration (NYSE:NFX) last announced its earnings results on Tuesday, August 1st. The energy company reported $0.43 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.44 by ($0.01). The business had revenue of $402.00 million during the quarter, compared to the consensus estimate of $413.70 million. Newfield Exploration had a net margin of 18.82% and a return on equity of 33.17%. The company’s revenue was up 5.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.32 EPS. On average, equities analysts predict that Newfield Exploration will post $1.87 earnings per share for the current fiscal year.
Several analysts recently issued reports on NFX shares. Citigroup Inc. decreased their price objective on shares of Newfield Exploration from $50.00 to $36.00 and set a “buy” rating for the company in a report on Friday, July 21st. Jefferies Group LLC set a $40.00 price objective on shares of Newfield Exploration and gave the stock a “buy” rating in a report on Tuesday, August 29th. Credit Suisse Group reaffirmed an “outperform” rating and set a $47.00 price objective on shares of Newfield Exploration in a report on Friday, June 2nd. Scotiabank reaffirmed a “buy” rating and set a $39.00 price objective on shares of Newfield Exploration in a report on Friday, June 30th. Finally, J P Morgan Chase & Co reaffirmed an “overweight” rating and set a $42.00 price objective (down from $48.00) on shares of Newfield Exploration in a report on Monday, June 5th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and nineteen have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $42.05.
In other news, insider Lee K. Boothby sold 12,000 shares of the business’s stock in a transaction dated Friday, September 1st. The shares were sold at an average price of $26.18, for a total value of $314,160.00. Following the completion of the sale, the insider now owns 279,322 shares of the company’s stock, valued at $7,312,649.96. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Roger B. Plank bought 3,000 shares of Newfield Exploration stock in a transaction dated Friday, August 11th. The stock was acquired at an average cost of $25.98 per share, with a total value of $77,940.00. Following the transaction, the director now owns 30,787 shares of the company’s stock, valued at approximately $799,846.26. The disclosure for this purchase can be found here. Insiders own 0.54% of the company’s stock.
Newfield Exploration Company Profile
Newfield Exploration Company is an independent exploration and production company. It is engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids. Its operating segments are the United States and China. Its the United States operations are onshore and focus primarily on large scale, liquids resource plays.
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