Reaffirmed: Newfield (NYSE:NFX) Buy Rating Kept at Stifel Nicolaus; $36.0000 Target in Place

Newfield Exploration Company (NYSE:NFX) Logo

Investors sentiment decreased to 0.91 in Q2 2018. Its down 0.42, from 1.33 in 2018Q1. It dropped, as 40 investors sold Newfield Exploration Company shares while 138 reduced holdings. 55 funds opened positions while 107 raised stakes. 193.06 million shares or 0.13% less from 193.32 million shares in 2018Q1 were reported.

Archford Cap Strategies Limited Company accumulated 0% or 85 shares. Sector Pension Invest Board owns 0% invested in Newfield Exploration Company (NYSE:NFX) for 11,126 shares. Rothschild Asset Mgmt Inc reported 458,680 shares. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0.01% in Newfield Exploration Company (NYSE:NFX). New Jersey-based Prudential Finance has invested 0.04% in Newfield Exploration Company (NYSE:NFX). Bbva Compass Savings Bank Inc holds 27,673 shares or 0.05% of its portfolio. 340,993 are owned by Price T Rowe Assocs Md. Element Cap Lc holds 17,519 shares or 0.01% of its portfolio. Massmutual Trust Fsb Adv invested in 15,172 shares or 0% of the stock. Parallax Volatility Advisers Limited Partnership accumulated 1,754 shares. Keybank National Association Oh stated it has 0.02% in Newfield Exploration Company (NYSE:NFX). Fayez Sarofim & holds 0.02% of its portfolio in Newfield Exploration Company (NYSE:NFX) for 121,375 shares. California Pub Employees Retirement Sys holds 525,372 shares. 2,016 were reported by Transamerica Advsr. Old Mutual Customised Solutions (Proprietary) Ltd reported 9,900 shares or 0.03% of all its holdings.

Since September 27, 2018, it had 0 insider purchases, and 1 sale for $472,766 activity.

Newfield (NYSE:NFX) Rating Reaffirmed

Stifel Nicolaus now has a $36.0000 price target on the $3.36 billion market cap company or 112.39 % upside potential. In analysts note revealed to clients on Sunday morning, Newfield (NYSE:NFX) shares have had their Buy Rating maintained by stock research analysts at Stifel Nicolaus.

Newfield Exploration Company (NYSE:NFX) Ratings Coverage

Among 9 analysts covering Newfield Exploration (NYSE:NFX), 3 have Buy rating, 0 Sell and 6 Hold. Therefore 33% are positive. Newfield Exploration has $48 highest and $20 lowest target. $30.20’s average target is 78.17% above currents $16.95 stock price. Newfield Exploration had 14 analyst reports since June 11, 2018 according to SRatingsIntel. The stock of Newfield Exploration Company (NYSE:NFX) earned “Overweight” rating by PiperJaffray on Friday, September 28. Goldman Sachs downgraded Newfield Exploration Company (NYSE:NFX) on Wednesday, July 18 to “Neutral” rating. The firm earned “Sector Perform” rating on Friday, November 2 by RBC Capital Markets. Susquehanna downgraded Newfield Exploration Company (NYSE:NFX) on Friday, November 2 to “Neutral” rating. The stock of Newfield Exploration Company (NYSE:NFX) has “Neutral” rating given on Friday, November 2 by Citigroup. The stock of Newfield Exploration Company (NYSE:NFX) has “Equal-Weight” rating given on Friday, October 12 by Morgan Stanley. Morgan Stanley maintained Newfield Exploration Company (NYSE:NFX) on Tuesday, November 20 with “Equal-Weight” rating. SunTrust downgraded the stock to “Hold” rating in Friday, July 27 report. The stock of Newfield Exploration Company (NYSE:NFX) has “Hold” rating given on Monday, October 29 by SunTrust. The stock has “Buy” rating by Stifel Nicolaus on Sunday, November 25.

The stock decreased 3.42% or $0.6 during the last trading session, reaching $16.95. About 18.39 million shares traded or 229.67% up from the average. Newfield Exploration Company (NYSE:NFX) has risen 4.61% since December 2, 2017 and is uptrending. It has underperformed by 11.01% the S&P500.

Newfield Exploration Company, an independent energy company, engages in the exploration, development, and production of crude oil, natural gas, and natural gas liquids in the United States. The company has market cap of $3.36 billion. The company’s principal areas of operation include the Anadarko and Arkoma basins of Oklahoma, the Williston Basin of North Dakota, and the Uinta Basin of Utah. It has a 6.49 P/E ratio. It also holds oil producing assets offshore China.

More notable recent Newfield Exploration Company (NYSE:NFX) news were published by: which released: “SHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of Newfield Exploration Company – NFX – PR Newswire” on November 06, 2018, also with their article: “Best And Worst Performing S&P 500 Stocks On Earnings – Seeking Alpha” published on November 03, 2018, published: “MERGER ALERT – NFX and DWCH: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Sale of these Companies – GlobeNewswire” on November 07, 2018. More interesting news about Newfield Exploration Company (NYSE:NFX) were released by: and their article: “Houston energy cos. announced or planned more than $16B worth of M&A deals in past week – Houston Business Journal” published on November 03, 2018 as well as‘s news article titled: “What’s Driving Merger Mania in the Oil Patch? – 24/7 Wall St.” with publication date: November 04, 2018.

Newfield Exploration Company (NYSE:NFX) Institutional Positions Chart

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