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Barclays Downgrades Newfield Exploration (NFX) to Equalweight

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KLR Group Downgrades Newfield Exploration (NFX) to Hold

August 5, 2016 7:18 AM EDT

KLR Group downgraded Newfield Exploration (NYSE: NFX) from Accumulate to Hold with a price target of $47.00 (from $48.00) on valuation.

Analyst John Gerdes commented, "We are downgrading NFX from Accumulate to Hold and decreasing our target price $1 to $47 per share due the modestly... More

Newfield Exploration (NFX) Inks Deals to Sell Texas Assets for $390M

August 3, 2016 8:14 AM EDT

Newfield Exploration Company (NYSE: NFX) announced the signing of two separate purchase and sale agreements to divest substantially all of its assets in Texas for combined net after tax proceeds of nearly $390 million, subject to customary purchase price adjustments. The transactions, expected to close in the third quarter of 2016, are subject to ordinary... More