NFX stock: buy or sell?
February 13th, 2019
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.
Should I buy NFX stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Following a trading plan helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, Newfield Exploration stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Newfield Exploration stock a buy?
Financial institutions and banks post stock ratings everyday.Unfortunately, we couldn't find any rating for NFX stock for the last month.
NFX stock analysis
Newfield Exploration shares boosted 4.40% to $17.07 .
Newfield Exploration shares boosted 4.40% to $17.07 . Since price and SMA200d lines crossed down , NFX fell $-11.25 per share (-39.72%).
After sliding a hair-raising -12.15% in a week early February, Newfield Exploration closed this week at $17.07 and rocketed a phenomenal 4.72%. By mid January 2019 NFX climbed a cool 5.49% in just one week.
The downtrend marked by NFX has left consecutive falling tops and bottoms. There is a chance to rebound and reverse this situation if price can hold above the level.
NFX stock price history
NFX IPO was on June 18th, 2012 at $26.76 per share1. Since then, NFX stock declined a -36.20%, with a yearly average of -5.20%.
1: Adjusted price after possible price splits or reverse-splits.
NFX stock historical price chart
NFX stock reached 52-week highs at $31.46, and all-time highs 2016-12-12 with a price of 50.
NFX stock price targetPredicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' NFX stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we have not detected any price prediction for Newfield Exploration stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareNewfield Exploration is reporting earnings for 2018-Q4 , with an expected Earnings per Share (EPS) of $0.79. As financial reporting date is near, it's recommended to be specially in alert: quarterly earnings reporting might be the cause of sharp quoting shifts. Owning any stock during its earnings reporting date has an implicit risk because of this volatility. Newfield Exploration reported impressive results for 2018-Q3 . Newfield Exploration jumped Earnings per Share (EPS) by 18.80%, beating experts consensus of $0.85. Newfield Exploration posted $1.01.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2016, last anual turnover report draw an astounding growth of 20.04% to $1,767.00 million USD. When comparing 2017 vs 2016, in the same way, profit margin (that is, the net income divided by revenues) boosted a 107.73% to 24.17%. To have an updated picture of the financial situation of Newfield Exploration, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2018-Q3 that can be compared to 2017 fiscal year results. Annual Newfield Exploration TTM sales up to September 2018 were $2,479.00 and earnings were $524.00 M dollars. If we compare this TTM figures with the last reported annuality, we can esteem Newfield Exploration business evolution since December 2017: Annual turnover up to September, compared to lastest yearly report, climbed an exceptional 40.29%. Regarding profit margin, Newfield Exploration decreased -3.03% to 24.17%
|2013||$1,790 M||-||$88 M4.9%||-|
|2014||$2,288 M||27.82%||$900 M39.3%||922.73%|
|2015||$1,557 M||-31.95%||$-3,362.00 M-215.9%||-473.56%|
|2016||$1,472 M||-5.46%||$-1,230.00 M-83.6%||-63.41%|
|2017||$1,767 M||20.04%||$427 M24.2%||-134.72%|
|TTM||$2,479 M||40.29%||$524 M21.1%||22.72%|
Quarterly financial resultsNewfield Exploration posted $711.00 million in sales for 2018-Q3, a 4.71% improvement compared to previous quarter. Reported quarter income marked $224.00 M with a profit margin of 31.50%. Profit margin climbed a 13.98% compared to previous quarter when profit margin was 17.53%. When comparing turnover to same quarter last year, Newfield Exploration sales marked a super good increase and rocketed a 61.96%. Looking back to recent quarterly results, Newfield Exploration posted 5 negative quarters in a row.
|2016-Q4||$415 M||-||$13 M3.1%||-|
|2017-Q1||$417 M||0.48%||$147 M35.3%||1,030.77%|
|2017-Q2||$402 M||-3.60%||$98 M24.4%||-33.33%|
|2017-Q3||$439 M||9.20%||$87 M19.8%||-11.22%|
|2017-Q4||$509 M||15.95%||$95 M18.7%||9.20%|
|2018-Q1||$580 M||13.95%||$86 M14.8%||-9.47%|
|2018-Q2||$679 M||17.07%||$119 M17.5%||38.37%|
|2018-Q3||$711 M||4.71%||$224 M31.5%||88.24%|
Newfield Exploration ownershipWhen you are planning to buy a stock, it's worth to check its ownership structure.
Newfield Exploration shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a of all shares.
The following table compares ownership indicators for other stocks related to Newfield Exploration:
|Market cap||$0.0 M|
|Total shares||0.0 M|
|Float shares||0.0 M|
|- Institutional holdings (%)||0.0%|
|- Insider holdings (%)||0.0%|
|Shares in short selling||0.0%|
|Wednesday, February 13th, 2019|
|Day range||$16.40 - $17.13|
|Average true range||$0.71|
|50d mov avg||$16.56|
|100d mov avg||$19.94|
|200d mov avg||$24.21|
Newfield Exploration performanceTo better understand Newfield Exploration performance you must compare its gains with other related stocks in same sector or industry. In the following table, we compare Newfield Exploration performance to :