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

Newfield Exploration Company (NFX) : Fridays money flow indicated an uptick to downtick ratio was at 1.16. The total value of inflow transactions on upticks was $9.63 million, whereas, the total value of outflow trades on downticks was $8.32 million. The total money flow was $1.31 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $0.77 million. The total value of the trades done on upticks was $0.77 million. Newfield Exploration Company (NFX) was trading with a -0.25% change over previous days close. It fell $0.11 during the day and reached $44.29. The stock was -0.52% compared to the previous weeks close.


Newfield Exploration Company (NFX) : Currently there are 20 street experts covering Newfield Exploration Company (NFX) stock. The most bullish and bearish price target for the stock is $59 and $35 respectively for the short term. The average price target of all the analysts comes to $48.35. The estimated standard deviation from the target is $5.83.

Newfield Exploration Company (NYSE:NFX): stock turned positive on Friday. Though the stock opened at $44.52, the bulls momentum made the stock top out at $44.94 level for the day. The stock recorded a low of $43.91 and closed the trading day at $44.43, in the green by 0.07%. The total traded volume for the day was 1,879,564. The stock had closed at $44.4 in the previous days trading.

In a related news, The Securities and Exchange Commission has divulged that Vezza Matthew R, (Vp-Western Region) of NEWFIELD EXPLORATION CO /DE/, had unloaded 4,600 shares at an average price of $43.17 in a transaction dated on June 23, 2016. The total value of the transaction was worth $198,582.

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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