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Newfield Exploration Company (NFX) [hlAlert]

Rating:
Buy NFX
down 18.06 %

Newfield Exploration Company (NFX) upgraded to Buy with price target $48 by Stifel

Posted on: Thursday,  Jun 18, 2015  9:25 AM ET by Stifel

Stifel rated Buy Newfield Exploration Company (NYSE: NFX) on 06/18/2015, when the stock price was $37.47. Since
then, Newfield Exploration Company has lost 18.07% as of 01/21/2016's recent price of $30.70.
If you would have followed this Stifel's recommendation on NFX, you would have lost 18.06% of your investment in 217 days.

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.

Stifel
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/18/2015 9:25 AM Buy
None
37.47 48.00
as of 8/27/2015
1 Week down  -5.53 %
1 Month down  -19.10 %
3 Months down  -18.06 %
1 YTD down  -22.62 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/9/2014 8:25 AM Hold
None
23.64
1/31/2014 8:25 AM Buy
None
24.77 32.00
10/24/2013 8:25 AM Hold
None
31.29
6/18/2013 8:25 AM Buy
None
23.31 29.00

(*) Stock Price at the time of the recommendation.
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