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
Company Growth (employees)
Newfield Exploration Office Locations
Newfield Exploration Data and Metrics
Newfield Exploration Financial Metrics
Net income (FY, 2016) | (1.2 b) |
EBIT (FY, 2016) | (919 m) |
Market capitalization (20-Jul-2017) | 5.3 b |
Closing share price (20-Jul-2017) | 27.9 |
Cash (31-Dec-2016) | 555 m |
EV | 7.2 b |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
General and administrative expense | 213 m | |||
Operating expense total | 2.4 b | |||
EBIT | (79 m) | 1 b | (4.8 b) | (919 m) |
Interest expense | (154 m) | |||
Pre tax profit | (1.2 b) | |||
Net Income | 147 m | 900 m | (3.4 b) | (1.2 b) |
| 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 |
PP&E | 8.3 b | |||
Total Assets | 9.3 b | 9.6 b | 4.8 b | 4.3 b |
Accounts Payable | 76 m | 32 m | 41 m | 33 m |
Total Debt | 2.4 b | |||
Current Liabilities | 1.3 b | 1.1 b | 647 m | 684 m |
Non-Current Liabilities | 5.1 b | 4.6 b | 2.7 b | 2.7 b |
Total Liabilities | 6.4 b | 5.7 b | 3.4 b | 3.4 b |
Common Stock | 1 m | 1 m | 2 m | 2 m |
Additional Paid-in Capital | 1.5 b | 1.6 b | 2.4 b | 3.2 b |
Retained Earnings | 1.4 b | 2.3 b | (1 b) | (2.3 b) |
Total Equity | 3 b | 3.9 b | 1.4 b | 938 m |
Debt to Equity Ratio | 2.6 x | |||
Debt to Assets Ratio | 0.6 x | |||
Financial Leverage | 3.2 x | 2.5 x | 3.5 x | 4.6 x |
| 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 Receivable | (62 m) | 47 m | 83 m | 22 m |
Accounts Payable | 74 m | 21 m | (45 m) | (3 m) |
Cash From Operating Activities | 1.4 b | 1.4 b | 1.2 b | 826 m |
Cash From Investing Activities | (2.1 b) | (660 m) | (1.6 b) | (991 m) |
Cash From Financing Activities | 620 m | (808 m) | 380 m | 715 m |
| Y, 2016 | |
|---|---|
EV/EBIT | -7.8 x |
EV/CFO | 8.7 x |
Debt/Equity | 2.6 x |
Debt/Assets | 0.6 x |
Financial Leverage | 4.6 x |
