Somewhat Positive Media Coverage Somewhat Unlikely to Impact Newfield Exploration (NFX) Share Price

Media coverage about Newfield Exploration (NYSE:NFX) has trended somewhat positive this week, Accern Sentiment reports. The research group ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Newfield Exploration earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned media headlines about the energy company an impact score of 47.1052779840546 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:

Newfield Exploration (NFX) opened at $25.98 on Friday. The company has a market capitalization of $5,265.94, a P/E ratio of 15.02, a PEG ratio of 0.54 and a beta of 1.35. Newfield Exploration has a 52 week low of $24.41 and a 52 week high of $43.74. The company has a debt-to-equity ratio of 1.87, a quick ratio of 1.15 and a current ratio of 1.17.

Several equities research analysts have weighed in on the company. SunTrust Banks set a $37.00 price objective on Newfield Exploration and gave the stock a “buy” rating in a research note on Tuesday, October 31st. Zacks Investment Research cut Newfield Exploration from a “buy” rating to a “hold” rating in a research note on Friday, November 10th. Barclays boosted their price objective on Newfield Exploration from $27.00 to $28.00 and gave the stock an “equal weight” rating in a research note on Monday, November 20th. KLR Group cut Newfield Exploration from a “buy” rating to a “hold” rating and set a $36.00 price objective on the stock. in a research note on Tuesday, January 23rd. Finally, BMO Capital Markets set a $34.00 price objective on Newfield Exploration and gave the stock a “hold” rating in a research note on Tuesday, November 14th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and fourteen have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $39.48.

In other news, CEO Lee K. Boothby sold 12,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $31.84, for a total transaction of $382,080.00. Following the transaction, the chief executive officer now owns 223,235 shares of the company’s stock, valued at $7,107,802.40. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In the last ninety days, insiders have sold 36,000 shares of company stock worth $1,138,680. Insiders own 0.54% of the company’s stock.

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About Newfield Exploration

Newfield Exploration Company is an independent exploration and production company. It is engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids. Its operating segments are the United States and China. Its the United States operations are onshore and focus primarily on large scale, liquids resource plays.

Insider Buying and Selling by Quarter for Newfield Exploration (NYSE:NFX)

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