Newfield Exploration Company (NFX) Dips 3.87% for July 20

Among the S&P 500’s biggest fallers on Thursday July 20 was Newfield Exploration Company (NFX). The stock experienced a 3.87% decline to $26.80 with
4.73 million shares changing hands.

Newfield Exploration Company started at an opening price of 28.10 and hit a high of $28.18 and a low of $26.76. Ultimately, the stock took a hit and finished the day at $1.08 per share.
Newfield Exploration Company trades an average of 3.08 million shares a day out of a total 199.19 million shares outstanding. The current moving averages are a 50-day SMA of $30.21
and a 200-day SMA of $37.45.
Newfield Exploration Company hit a high of $50.00 and a low of $25.46 over the last year.

Newfield Exploration Co is an exploration and production company. It explores, develops and produces crude oil, natural gas and natural gas liquids. Its areas of operation include basins of Oklahoma and North Dakota and uinta basin of Utah.

With its headquarters located in The Woodlands, TX, Newfield Exploration Company employs 994 people. After today’s trading, the company’s market cap has fallen to $5.34 billion, a P/S of 4.54, a P/B of 4.86, and a P/FCF of -198.3.

To dig deeper into the fundamentals of Newfield Exploration Company and perform your own analysis, visit our Stock Valuation Analysis
tool
for NFX
.

Want to invest with the experts? Subscribe to Equities Premium newsletters today! Visit http://www.equitiespremium.com/ to
learn more
about Guild Investment’s Market Commentary and Adam Sarhan’s Find Leading
Stocks
today.

For all the attention paid to the Dow Jones Industrial Average (DJIA), it’s the S&P 500 that’s relied on by insiders and institutional investors. It represents the industry standard for American
large-cap indices.

The Dow is made up of just 30 stocks to the S&P 500’s 500, and it uses an unreliable and outdated price-weighting system where the S&P 500 relies on market cap in weighting its returns. This is why
its long-term returns is a much more reliable gauge for the performance of large- and mega-cap stocks over time.


To get more information on Newfield Exploration Company and to follow the company’s latest updates, you can visit the company’s profile page here:
NFX’s Profile
. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s
Newsdesk
. Also, don’t forget to sign-up for our daily
email newsletter
to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



DISCLOSURE:
The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Leave a Reply

Your email address will not be published. Required fields are marked *

*

5 × five =