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

Newfield Exploration Company (NFX) : Investors lapped up stocks on upticks to the tune of $24.66 million in the Tuesdays trading session. The trading value on downticks was comparatively at $15.44 million and the uptick to downtick ratio of 1.6 indicates continuous buying by the bulls. The net money flow into the stock was $9.22 million. The block trades were dominated by the bulls with a healthy 15.75, uptick to downtick ratio. Only $0.61 million worth of trades exchanged hands on downticks showing the reluctance of the large traders to part with their holdings. Upticks saw transactions worth $9.54 clearly indicating buying by large investors. The total money flow for block trades stood at $8.93 million, which is a positive for the stock in the long-term. Newfield Exploration Company (NFX) fell $0.14 during the day at $43.68, a drop of -0.32% over the previous days close. However, for the week, the stock is -0.43%, compared to the previous week.


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 -16.42% . During last six month period, the net percent change held by insiders has seen a change of -16.42%. In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the (Vp-Western Region) of NEWFIELD EXPLORATION CO /DE/, Vezza Matthew R had sold 4,600 shares worth of $198,582 in a transaction dated June 23, 2016. In this transaction, 4,600 shares were sold at $43.17 per share.

Shares of Newfield Exploration Co. rose by 4.39% in the last five trading days and 13.3% for the last 4 weeks. Newfield Exploration Co. is up 26.6% in the last 3-month period. Year-to-Date the stock performance stands at 38.7%.

Newfield Exploration Company (NYSE:NFX): stock turned positive on Tuesday. Though the stock opened at $44.6, the bulls momentum made the stock top out at $45.61 level for the day. The stock recorded a low of $44.39 and closed the trading day at $45.16, in the green by 3.39%. The total traded volume for the day was 2,928,336. The stock had closed at $43.68 in the previous days trading.

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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