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. The Company relies on a proven strategy of growing reserves through an active drilling program and select acquisitions. We are focused on growing liquids in our four domestic areas: Uinta Basin, Williston Basin, Cana Woodford and the Eagle Ford.
OUR VISION
To be recognized as the premier independent E&P company, delivering operational excellence, top tier business results and value to our shareholders, employees and the communities in which we live and work.
OUR MISSION
People, passion and pride combine to power our future. With an entrepreneurial spirit, we work hard every day to find and produce oil, natural gas and related products safely, responsibly and profitably for the benefit of our stakeholders.
CORE VALUES
• Excellence
• Integrity
• Safety & Environment
• Accountability
• Innovation & Collaboration
• Adaptability
Newfield Exploration Office Locations
Newfield Exploration Financials and Metrics
Newfield Exploration Financials
| USD | |
|---|---|
Net income (Q3, 2017) | 87 m |
EBIT (Q3, 2017) | 112 m |
Market capitalization (18-Apr-2018) | 5.6 b |
Cash (30-Sep-2017) | 428 m |
EV | 7.6 b |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
General and administrative expense | 213 m | |||
Operating expense total | 213 m | |||
EBIT | (79 m) | 1 b | (4.8 b) | (919 m) |
Interest expense | 154 m |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
General and administrative expense | 51 m | 66 m | 44 m | 58 m | 65 m | 47 m | 51 m | 53 m | |||
Operating expense total | 2 b | 2.3 b | 862 m | 879 m | 347 m | 296 m | 303 m | 327 m | |||
EBIT | (1.5 b) | (2 b) | (578 m) | (498 m) | 45 m | 121 m | 99 m | 112 m | |||
Interest expense | 46 m | 37 m | 41 m | 38 m | 37 m | 38 m | 37 m | 37 m |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 95 m | 14 m | 5 m | 555 m |
Accounts Receivable | 474 m | 405 m | 262 m | 232 m |
Inventories | 163 m | 33 m | 34 m | 16 m |
Current Assets | 901 m | 940 m | 625 m | 949 m |
| USD | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 89 m | 107 m | 36 m | 396 m | 783 m | 42 m | 7 m | 537 m | 165 m | 478 m | 469 m | 522 m | 428 m |
Accounts Receivable | 441 m | 384 m | 384 m | 395 m | 354 m | 447 m | 263 m | 245 m | 256 m | 210 m | 243 m | 224 m | 277 m |
Inventories | 146 m | 41 m | 41 m | 38 m | 27 m | 25 m | 31 m | 31 m | 19 m | 22 m | 25 m | 19 m | 18 m |
Current Assets | 773 m | 587 m | 528 m | 906 m | 1.6 b | 885 m | 663 m | 1.1 b | 638 m | 899 m | 865 m | 883 m | 836 m |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 147 m | 900 m | (3.4 b) | (1.2 b) |
Depreciation and Amortization | 930 m | 903 m | 917 m | 572 m |
Accounts Payable | 74 m | 21 m | (45 m) | (3 m) |
| USD | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 130 m | 284 m | 262 m | 540 m | (480 m) | (1.5 b) | (2.7 b) | (624 m) | (1.3 b) | (1.2 b) | 147 m | 245 m | 332 m |
Depreciation and Amortization | 664 m | 224 m | 437 m | 665 m | 237 m | 485 m | 721 m | 177 m | 337 m | 457 m | 106 m | 216 m | 340 m |
Accounts Payable | 30 m | (6 m) | (14 m) | (20 m) | (105 m) | (8 m) | (82 m) | (4 m) | (7 m) | (65 m) | (58 m) | 5 m | 21 m |
Cash From Operating Activities | 1.1 b | 365 m | 733 m | 1.1 b | 205 m | 577 m | 889 m | 72 m | 378 m | 587 m | 167 m | 467 m | 640 m |
| USD | Y, 2017 |
|---|---|
EV/EBIT | 67.7 x |
EV/CFO | 11.8 x |
Financial Leverage | 3.6 x |
