Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  Newfield Exploration Co.    NFX

Delayed Quote. Delayed  - 10/21 10:01:41 pm
43.23 USD   -1.79%
09/30 NEWFIELD EXPLOR : Provides Third Quarter 2016 Conference Call Inform..
09/27 NEWFIELD EXPLOR : closes on the sale of its Texas assets for approxi..
08/25 NEWFIELD EXPLOR : to Present at Upcoming Events
Analysis summary4-Traders Strategies 

The correction could continue

share with twitter share with LinkedIn share with facebook
share via e-mail
11/09/2012 | 02:55pm
Opinion : Bearish under USD 30.11
Target price : USD 23.7
Stop loss: USD 31.01
Oil & Gas Exploration and Production

In a bearish trend, Newfield Exploration continues to decline and going to down again.

The fundamental situation of the company remains fragile. Currently, the company is trading 2.46 times its sales, which is still a significant valuation for the company.

Technically, the share is in a downward trend. The moving averages are decreasing and are still above prices, thereby stopping any rebounds. The security is going toward the USD 23.7 support, a level that will represent the first target.

Taking into account fundamental and technical elements, investors can initiate a short position with a price target at USD 23.7. A return towards USD 30.11, the short-term resistance area, will invalidate the bearish strategy, which justifies a stop loss.

Newfield Exploration Co. : The correction could continue

© Zonebourse.com 2012
share with twitter share with LinkedIn share with facebook
share via e-mail

Disclaimer: 4-traders.com is a website published by SURPERFORMANCE SAS. Surperformance or 4-traders.com is not a registered broker-dealer nor a registered investment adviser. You understand that this web site and its content is furnished for your personal, noncommercial, informational purposes only, and that no mention of a particular security in this website constitutes a recommendation to buy, sell, or hold any other security, nor that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Surperformance and 4-traders.com services will not advise you personally concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. Information regarding trading and investment as provided by Surperformance professional is not tailored to the investment needs of any specific person. You acknowledge that you are responsible for your own financial decisions and should seek a registered financial agent depending on your own risk tolerance to advise you on your personal trading activities.

Operates as an oil and gas exploration companyNewfield Exploration Co. operates as an independent energy company.It engages in the exploration, evaluation, development and production of crude oil, natural gas, and natural gas liquids.It operates through the United States and China geographical... 
More about the company
Financials ($)
Sales 2016 1 459 M
EBIT 2016 -299 M
Net income 2016 -1 097 M
Debt 2016 2 158 M
Yield 2016 -
P/E ratio 2016 -
P/E ratio 2017 34,92
EV / Sales 2016 7,36x
EV / Sales 2017 5,92x
Capitalization 8 586 M
More Financials
Duration : Period : Day
Newfield Exploration Co. Technical Analysis Chart | NFX | US6512901082 | 4-Traders
Duration : Period : Week
Newfield Exploration Co. Technical Analysis Chart | NFX | US6512901082 | 4-Traders
Surperformance© ratings  Help  
Fundamental ratings
Overall rating
Trading Rating
Investor Rating
Growth (Revenue)
Earnings quality
Business Predictability
P/E ratio -
Yield -
7 days EPS revision
4 months EPS revision
1 year EPS revision
4 months Revenue revision
1 year Revenue revision
Technical ratings
Short Term Timing
Middle Term Timing
Long Term Timing
Bollinger Spread
Unusual Volumes
More Ratings