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Newfield Exploration Co.

Company Summary

Description

Newfield Exploration Company (NYSE:NFX) is an independent energy company headquartered in the Woodlands, Texas. Newfield is engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids. Newfield is focused on domestic, liquids-rich unconventional resource plays, located primarily in the Anadarko and Arkoma basins of Oklahoma, the Williston Basin of North Dakota, the Uinta Basin of Utah and the Maverick and Gulf Coast basins of Texas. The Company also has oil developments offshore China. Approximately 98% of the Company’s proved reserves are located onshore U.S.

Website

http://www.newfield.com/

Operational Regions

  • Oklahoma STACK Play
  • Anadarko Basin
  • Arkoma Basin
  • Williston Basin
  • Uinta Basin
  • Gulf Coast
  • Eagle Ford
  • Maverick Basin
  • SCOOP
  • South China Sea

Financial Data:

NYSE:NFX from Google Finance

Tickers:

  • NFX - New York Stock Exchange

Related Entities

Firm Transport Commitments

Project: Cana and STACK Expansion (CaSE) Phase I
Firm Commitment: 45,000 Dth/d

Project: Cana and STACK Expansion (CaSE) Phase II
Firm Commitment: 160,000 Dth/d

Recent news

  • 7/31/2019 - Encana Reduces Average... (subscriber access)
  • 2/28/2019 - Encana Reports 4Q18... (subscriber access)
  • 2/28/2019 - Encana Reports 4Q18... (subscriber access)
  • 2/14/2019 - Encana Intends to... (subscriber access)
  • 2/14/2019 - Encana Completes... (subscriber access)

Investor Presentations

  • Encana Strategic Combination
  • 2Q18 Investor Presentation (subscriber access)
  • 1Q18 Investor Presentation (subscriber access)
  • Fourth Quarter 2017 Presentation & 3-Year Outlook (subscriber access)
  • 3Q17 Update (subscriber access)
  • 2Q17 Investor Presentation (subscriber access)
  • YE16 Update and 2017 Outlook (subscriber access)
  • Investor Presentation - November 2016 (subscriber access)
  • 2Q16 Investor Presentation (subscriber access)
  • 1Q16 Investor Presenation (subscriber access)

Company Transactions

Date: 3/31/2019
Type: Merger

DETAILS:

COST: 5.5 $B

VOLUMES: 199 MBOE/d

ACRES: 360000 Acres

NOTES:
Encana and Newfield announced that they have entered into an agreement by which Encana will acquire all shares of Newfield in an all-stock transaction valued at $5.5 billion. Encana will also assume $2.2 billion in Newfield net debt.
REGIONS:
  • SCOOP
  • Oklahoma STACK Play
  • Williston Basin
  • Uinta Basin
  • Date: 9/27/2016
    Type: Acquisition

    DETAILS:

    COST: 380 $MM

    VOLUMES: 12.7 MBOE/d

    NOTES:
    Newfield's combined asset sale consisted of 12.7 Mboe/d of production for total proceeds if $380 million. The Eagle Ford portion of the sale was signed with Protege LLC while a second portion of the asset was signed with a third party.
    REGIONS:
  • Eagle Ford
  • Date: 5/5/2016
    Type: Acquisition

    DETAILS:

    COST: 470 $MM

    VOLUMES: 3.8 MBOE/d

    ACRES: 42000 Acres

    REGIONS:
  • Oklahoma STACK Play
  • Anadarko Basin