KUALA LUMPUR (Reuters) - Shares in SapuraKencana Bhd jumped more than 5 percent on Wednesday after the Malaysian oilfield service provider agreed to pay $898 million to buy Newfield Exploration Co's...
ahead of itself on a good restructuring story and there is now risk to the downside on any hiccup. Mid-cap Newfield Exploration [ NFX ; -40% since November 2011] is attractive on business shifts – less natural gas, more oil & liquids
and new growth initiatives (including a contract that brings MarkWest to the liquids-rich Eagle Ford play with Newfield Exploration ) announced, we are maintaining our fair value estimate of $61 per unit and narrow moat rating.
d from 10 mb/d currently. To ensure adequate supply, HollyFrontier entered a 10-year agreement with Newfield Exploration NFX to supply 20 mb/d of black/yellow wax crude from the nearby Unita Basin.
had a good month, gaining 23.35%. 8. Newfield Exploration Co. ( NFX ): Independent Oil & Gas Industry. Market cap of $9.08B. Current price at $66.97. Newfield Exploration Company explores, develops and acquires oil
We are dropping coverage of Continental Resources CLR, EQT EQT, Forest Oil FST, McMoRan MMR, and Newfield Exploration NFX due to an analyst's departure. Since several of these firms hold a competitive advantage in their industry
production up about 20% relative to both periods. In response to growing liquids-rich production in the Granite Wash from Newfield NFX , Linn LINE, and others, MarkWest announced that it will expand capacity at Arapaho by 60 mmcf/d to a total of 220 mmcf
Newfield Exploration NFX revealed favorable results from 11 ..... advantage of oil over natural gas. Newfield owns a 335,000 net acre position ..... costs in check and will closely monitor Newfield 's progress on these fronts this year
We are placing our fair value estimate for Newfield Exploration NFX under review as we adjust our model assumptions to reflect oil-based drilling gains and analyze future drilling potential at
On Monday, Newfield Exploration NFX announced an agreement to acquire ..... other players in the Marcellus. For Newfield , the deal makes sense as it will ..... a joint venture with Hess HES. Newfield estimates there are more than 400