Stock price performance of Newfield Exploration Company is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 10.05% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -10.28% . Looking at the past 52 week period, the stock price is up at 67.32% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Newfield Exploration Company has a positive value of 21.81 compared to overall market. For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a 20-day Moving Average of 0.52% and the 50-Day Moving Average is 2.7%.The 200 Day SMA reached 0.5%
Newfield Exploration Company is having a Relative Strength Index of 47.59 which indicates the stock is not yet over sold or over bought based on the technical indicators. Newfield Exploration Company (NYSE:NFX) has tumbled 0.36% during the past week and has dropped 3.12% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 0.48%. Newfield Exploration Company (NYSE:NFX) has underperformed the index by 3.98% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Company has reported several Insider transactions to the SEC, on Jun 27, 2016, Matthew R Vezza (VP-Western Region) sold 4,600 shares at 43.17 per share price.On May 31, 2016, Lee K Boothby (President and CEO) sold 50,000 shares at 40.95 per share price.On May 31, 2016, John H Jasek (Sr. Vice President-Operations) sold 25,000 shares at 40.93 per share price.
Newfield Exploration Co. Last issued its quarterly earnings results on Nov 1, 2016. The company reported $0.45 EPS for the quarter, beating the analyst consensus estimate by $ 0.21. Analyst had a consensus of $0.24. The company had revenue of $392.00 million for the quarter, compared to analysts expectations of $401.13 million. The companys revenue was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.21 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Newfield Exploration Co. was Upgraded by Jefferies to Buy on Jan 17, 2017. Newfield Exploration Co. was Upgraded by Citigroup to Buy on Jan 4, 2017. Newfield Exploration Co. was Downgraded by BofA/Merrill to Neutral on Jan 4, 2017. Newfield Exploration Co. was Upgraded by Societe Generale to Buy on Nov 10, 2016.
Newfield Exploration Company (NYSE:NFX) : On Friday heightened volatility was witnessed in Newfield Exploration Company (NYSE:NFX) which led to swings in the share price. The stock opened for trading at $40.46 and hit $41.84 on the upside , eventually ending the session at $41.63, with a gain of 2.76% or 1.12 points. The heightened volatility saw the trading volume jump to 2,926,772 shares. The 52-week high of the share price is $50 and the company has a market cap of $8,280 million. The 52-week low of the share price is at $20.84 .
Newfield Exploration Company explores, develops and acquires oil and natural gas properties primarily in the Gulf of Mexico. The company plans to continue to expand its reserve base and increase cash flow through the exploration and development of existing properties and the acquisition of proved properties with drilling upside. The company emphasizes: reserve growth through exploratory drilling, balance between exploration and the acquisition and exploitation of proved properties, strong geographic focus, control of operations/low cost structure, and use of 3-D seismic.