NFX stock: buy or sell?

NFX stock price: $17.07 4.40% At close on February 13th, 2019

Updated on:
February 13th, 2019

2

Shares of Newfield Exploration closed at $17.07 and boosted an extraordinary 4.40%. NFX collapsed a frightening -7.15%.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

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

Daily outlook

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%).

NFX stock chart (daily)

Weekly outlook

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 chart (weekly)

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 target

Predicting 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 Share

Newfield 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.
NFX earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2016-Q4-n/a0.07n/a
2017-Q1-n/a0.74n/a
2017-Q2-n/a0.49n/a
2017-Q32017-10-310.410.5226.8%
2017-Q42018-02-200.60.7118.3%
2018-Q12018-05-010.710.8215.5%
2018-Q22018-07-310.810.9416.0%
2018-Q32018-10-310.851.0118.8%
2018-Q42019-02-190.79n/an/a
2019-Q1-n/an/an/a

Annual financial results

Compared 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%

NFX annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$1,790 M-$88 M4.9%-
2014$2,288 M27.82%$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 M20.04%$427 M24.2%-134.72%
TTM $2,479 M40.29%$524 M21.1%22.72%

Quarterly financial results

Newfield 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.
NFX quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2016-Q4$415 M-$13 M3.1%-
2017-Q1$417 M0.48%$147 M35.3%1,030.77%
2017-Q2$402 M-3.60%$98 M24.4%-33.33%
2017-Q3$439 M9.20%$87 M19.8%-11.22%
2017-Q4$509 M15.95%$95 M18.7%9.20%
2018-Q1$580 M13.95%$86 M14.8%-9.47%
2018-Q2$679 M17.07%$119 M17.5%38.37%
2018-Q3$711 M4.71%$224 M31.5%88.24%

Newfield Exploration ownership

When 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:

NFX
Market cap$0.0 M
Total shares0.0 M
Float shares0.0 M
  - Institutional holdings (%)0.0%
  - Insider holdings (%)0.0%
Shares in short selling0.0%

NFX summary

Wednesday, February 13th, 2019
Open$16.58
Close$17.07
Day range$16.40 - $17.13
Previous close$16.35
Session gain4.40%
Average true range$0.71
50d mov avg$16.56
100d mov avg$19.94
200d mov avg$24.21
Daily pattern
Weekly pattern lt02a

Newfield Exploration performance

To 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 :
Stock3m6m12m
NFXNewfield Explorat...-10.16%-35.24%-34.09%

Newfield Exploration competitors

Unfortunately, we could not find any public company that could be defined as Newfield Exploration competitor. This doesn't mean Newfield Exploration does not have any competitor in the market, it's just we could not detected it.