Shares of Newfield Exploration Company (NYSE:NFX) Sees Large Inflow of Net Money Flow

Shares of Newfield Exploration Company (NYSE:NFX) saw an erosion of -0.4 points in recent session. During the trading, the value of each share was $39.46, dropping -1%. The shares saw high fund-flow as the composite value of all the upticks was $24.61 million and the total value of all the downticks was a mere $13.61 million. The net money flow was seen at $11 million and the up/down ratio was measured at 1.81. On a weekly basis the shares of the shares have recorded a change of -0.35%.The block trade which occurred today had $12.52 million in upticks and $1.47 million in downticks with the up/down ratio climbing to 8.52. $11.05 million was the net money flow of the block transaction.


Currently the company Insiders own 0.44% of Newfield Exploration Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -16.88% . During last six month period, the net percent change held by insiders has seen a change of -16.88%. On the companys insider trading activities, Boothby Lee K, (President and CEO) of Newfield Exploration Co /De/, unloaded 50,000 shares at an average price of $40.95 on May 26, 2016. The total amount of the transaction was worth $2,047,500, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Newfield Exploration Company (NYSE:NFX) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.4 points or 1% at $39.46 with 2,336,514 shares getting traded. Post opening the session at $39.5, the shares hit an intraday low of $39.16 and an intraday high of $40.21 and the price was in this range throughout the day. The company has a market cap of $7,832 million and the number of outstanding shares have been calculated to be 198,485,340 shares. The 52-week high of Newfield Exploration Company (NYSE:NFX) is $42.53 and the 52-week low is $20.84.

Many analysts have stated their opinion on the company shares. Equity Analysts at the KLR Group downgrades the rating on Newfield Exploration Company (NYSE:NFX). The brokerage firm has issued a Accumulate rating on the shares. The shares were previously rated Buy. The rating by the firm was issued on May 16, 2016.

Newfield Exploration Company (Newfield) is an independent energy company engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids. The Companys principal areas of operation are oil and liquids-rich resource plays in the Mid-Continent, Rocky Mountains and onshore Gulf Coast regions of the United States. The Company operates through two segments: the United States and China. Approximately 46% of the Companys proved reserves are located in Mid-Continent region. The Companys assets consist of more than 400,000 net acres in the Anadarko and Arkoma basins. Approximately 43% of its proved reserves are located in the Rocky Mountains region. The Company has approximately 92,000 net acres in the Williston Basin. The Company has approximately 225,000 net acres in the Uinta Basin. About 7% of the Companys proved reserves are located in the onshore Gulf Coast region. Approximately 4%, of the Companys proved reserves are located in China.

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