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Newfield Exploration Co. (NFX) is in the Energy Industry

Revenue
Dec 31 2007
$1.7B
Profit
Dec 31 2007
$450.0M
Market Cap
Sep 04 2008
$5.3B

Latest News and Analysis

Additional Resources

  • Newfield Reports Second Quarter 2008 Financial Results

    Company provides operational update HOUSTON, July 23 /PRNewswire-FirstCall/ -- Newfield Exploration Company today reported second quarter 2008 financial and operating results. Newfield will be hosting a conference call at 8:30 a.m. CDST on July 24. To participate in the call, dial 719-325-4800 or listen through the...

    Articles 2008-07-23

  • BellwetherReport.com Analyst Report on X, POT, MON and NFX

    BellwetherReport.com is the leading onlinefinancial newsletter for investors seeking top independent and unbiasedresearch. Investors seeking free and unbiased analyst opinions on thecompanies mentioned in this release are encouraged to sign up to www.bellwetherreport.com for a free subscription to access these reports.Today, we have once again scheduled interviews...

    Articles 2008-07-09

  • Research and Markets: Newfield Exploration Company Oil and Gas Assets Report Out Now

    DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/ce07bc/newfield_explorati) has announced the addition of the "Newfield Exploration Company Oil and Gas Assets Report" report to their offering. This report is an essential source for company data and information. The report examines Newfield Exploration Company's key business structure...

    Articles 2008-07-08

  • Seven Summits Research Releases Comments on QCOM, MER, HD, WU, and NFX

    CHICAGO, June 20 /PRNewswire/ -- Seven Summits Research releases NewsBites on key stocks. Seven Summits Strategic Investments NewsBites are available to all investors at: http://www.go7now.com/nb/0620Y (Note: You may have to copy this link into your browser then press the [ENTER] key.) ...

    Articles 2008-06-20

  • Newfield Commences Production From New Development Offshore Malaysia

    Company raises 2008 production guidance - estimates 22-26% growth Obtains new exploration acreage offshore Malaysia HOUSTON, June 17 /PRNewswire-FirstCall/ -- Newfield Exploration Company announced that the East Belumut/Chermingat fields in PM 323 recently commenced production and the Puteri field in PM...

    Articles 2008-06-17

  • Oil sector lifts Tulsa office market

    Six months ago Richard Winton thought Tulsa's office real estate market had caught a strong wave of oil and gas sector growth. But over the last six weeks, the Philtower property manager inked 12 new tenants while losing only one, for a net...

    Articles 2008-06-16

  • New Orleans-based McMoRan Exploration cashes in on oil prices, new

    The end of 2007 marked a turning point for McMoRan Exploration Co. The New Orleans-based energy company ended a two-year earnings skid with a solid fourth quarter and reported profits for the first quarter of 2008. Company officials and analysts pin the positive...

    Articles 2008-06-16

  • Newfield Exploration Company Donates to China Earthquake Victims

    HOUSTON, May 16 /PRNewswire-FirstCall/ -- Newfield Exploration Company and the Newfield Foundation today announced the donation of $50,000 to the Red Cross Society of China to help victims of recent earthquakes in the area of the Sichuan Province. Newfield's wholly-owned subsidiary, Newfield China, LDC, has been operating in...

    Articles 2008-05-16

  • Newfield Signs JV with ExxonMobil to Explore, Develop in South Texas

    Agreement provides for joint development of 87,000 acres HOUSTON, May 7 /PRNewswire-FirstCall/ -- Newfield Exploration Company today announced the signing of an agreement with ExxonMobil to jointly explore and develop approximately 87,000 gross acres in South Texas, targeting the prolific Vicksburg Trend. Newfield expects an active...

    Articles 2008-05-07

  • Fitch Assigns Newfield Subordinated Debt Issuance 'BB-'; Outlook Stable

    CHICAGO -- Fitch Ratings has affirmed Newfield Exploration Company's Newfield Issuer Default Rating IDR at 'BB+' after the company announced that it plans to issue $425 million of senior subordinated notes due in 2018. In addition, Fitch has affirmed the ratings on Newfield's senior subordinated notes at 'BB-'. Fitch maintains...

    Articles 2008-05-05

  • ATP Marks Two Deepwater Exploration Discoveries

    HOUSTON -- ATP Oil & Gas Corporation (NASDAQ:ATPG) recently participated in the drilling of two successful exploration wells in the deepwater Gulf of Mexico. The Gladden Prospect, located at Mississippi Canyon 800 in approximately 3,116' of water, found 80 feet of net oil pay. An updip location is being drilled...

    Articles 2008-04-25

  • Midcontinent Express Pipeline Announces Additional Capacity Commitment

    HOUSTON -- Midcontinent Express Pipeline LLC MEP a natural gas pipeline project jointly owned by Kinder Morgan Energy Partners and Energy Transfer Partners, today announced it has amended its binding precedent agreement with Newfield Exploration Mid-Continent Inc. Newfield to increase the maximum daily quantity by 100,000 dekatherms per day (dth/day)....

    Articles 2008-04-24

  • Research and Markets: Gain Valuable Insight into Operations at Newfield Exploration Company with New Profile

    DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c89630) has announced the addition of Newfield Exploration Company, Strategic Analysis Profile to their offering. The Newfield Exploration Company, Strategic Analysis Profile is a comprehensive profile of the company including both quantitative and qualitative research. The report examines the company's business structure...

    Articles 2008-04-24

  • SLM Corporation Appoints Howard Newman to Board of Directors

    RESTON, Va. -- The Board of Directors of SLM Corporation (NYSE:SLM), commonly known as Sallie Mae, announced today that it has appointed Howard Newman to the Board. Howard Newman is President and Chief Executive Officer of Pine Brook Road Partners, LLC, a private equity firm. Previously, he served...

    Articles 2008-04-02

  • More capacity equals more pipeline.(NEWSLINE: The Latest Industry Developments)

    Midcontinent Express Pipeline MEP has entered into a contract with Newfield Exploration Mid-Continent Inc. for a minimum of 200,000 dekatherms per day of additional firm capacity on the MEP transmission system. The natural gas production will originate from Newfield's Woodford Shale play in...

    Articles 2008-04-01

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  • Incorporated: 1988
  • CEO: Mr. David A. Trice

Newfield Exploration is an independent oil and gas company engaged in the exploration, development and acquisition of natural gas and crude oil properties. Co.'s domestic areas of operation include the Anadarko and Arkoma Basins of the Mid-Continent, the Rocky Mountains, onshore Texas and the Gulf of Mexico. In addition, Co. operates internationally in Malaysia and China. As of Dec 31 2007, Co. had proved reserves of 2.50 trillion cubic feet of gas equivalent. Of those reserves, 73.0% were natural gas, 63.0% were proved developed, 96.0% were located in Co.'s domestic areas of operation, and 4.0% were located internationally.

Key Competitors

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Newfield Exploration Co. Company Info

Board of Directors

Mr. David A. Trice

Chairman

Mr. J. Terry Strange

Ms. Pamela J. Gardner

Ms. Juanita F. Romans

Mr. Howard H. Newman

Mr. Thomas G. Ricks

Mr. C. E. (Chuck) Shultz

Mr. Dennis R. Hendrix

Mr. Philip J. Burguieres

Mr. John Randolph Kemp III

Mr. J. Michael Lacey

Mr. Joseph H. Netherland

Contact Information

363 North Sam Houston Parkway East

Suite 2020

Houston, TX

http://www.newfld.com

281 847-6000

NAICS Code

Crude Petroleum and Natural Gas Extraction: 211111
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