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Newfield Exploration Company (NFX): Today's Featured Energy Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Newfield Exploration Company (NFX) pushed the Energy industry higher today making it today's featured energy winner. The industry as a whole closed the day down 1.1%. By the end of trading, Newfield Exploration Company rose 33 cents (1%) to $32.95 on heavy volume. Throughout the day, 3.9 million shares of Newfield Exploration Company exchanged hands as compared to its average daily volume of 2.1 million shares. The stock ranged in a price between $32.75-$33.42 after having opened the day at $33.20 as compared to the previous trading day's close of $32.62. Other companies within the Energy industry that increased today were: HyperDynamics Corporation (HDY), up 6.1%, Zion Oil & Gas (ZN), up 6%, BMB Munai (BMBM), up 4.4%, and FX Energy (FXEN), up 3.5%.

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Newfield Exploration Company, an independent energy company, engaged in the exploration, development, and production of crude oil, natural gas, and natural gas liquids. It has operations in the Mid-Continent, the Rocky Mountains, and onshore Texas, as well as in Malaysia and China. Newfield Exploration Company has a market cap of $4.15 billion and is part of the basic materials sector. The company has a P/E ratio of 7.1, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 13.5% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate Newfield Exploration Company a buy, one analyst rates it a sell, and eight rate it a hold.

TheStreet Ratings rates Newfield Exploration Company as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and a generally disappointing performance in the stock itself.

On the negative front, Energy Services of America Corporation (ESA), down 10.2%, Samson Oil & Gas (SSN), down 8.8%, GeoPetro Resources Company (GPR), down 7.5%, and Penn Virginia Corporation (PVA), down 7.1%, were all laggards within the energy industry with Occidental Petroleum Corporation (OXY) being today's energy industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider Energy Select Sector SPDR (XLE) while those bearish on the energy industry could consider Proshares Short Oil & Gas (DDG).

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