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Enter Symbol:
Rating: NFX
Buy $48

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

Thursday,  Jun 18, 2015  9:25 AM ET by Dave Ficere

Stifel upgraded Newfield Exploration Company (NYSE: NFX) to Buy with
price target $48. Previously Stifel rated Hold Newfield Exploration Company (NYSE: NFX) on 12/09/2014, when the stock price was $23.64.

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.


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