|Day Low/High||34.56 / 35.46|
|52 Wk Low/High||33.00 / 50.00|
Expected to recycle 30,000 barrels per day in Oklahoma's STACK play
Recent results allow Company to raise 1Q17 production expectations
CLR intends to sell operated Oklahoma acreage that should fetch over $325 million.
Shares of Newfield Exploration (NFX) were lower on Wednesday despite posting a top and bottom line beat for its fourth quarter.
Get your notepad ready.
In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, Newfield Exploration Co has taken over the #74 spot from Mid-America Apartment Communities Inc , according to ETF Channel. Below is a chart of Newfield Exploration Co versus Mid-America Apartment Communities Inc plotting their respective rank within the S&P 500 over time (NFX plotted in blue; MAA plotted in green): In forming the rank, the analyst opinions from the major brokerage houses were tallied, and averaged; then, the underlying components were ranked according to those averages.
Gobbling up privately held acreage may continue to be a major priority for strategics in 2017, but so too will asset sales and equity raises as low leverage remains vital.
Which stocks have shown these patterns in the past week.
A larger-than-expected crude oil stockpile drawdown saw the commodity soar to one-year highs Wednesday, and with it came an energy industry longing for a comeback.
A turnaround may be in the sights for the industry but many companies could still look toward divestitures to strengthen their finances and put money in the bank for acquisitions.
The U.S. Department of Energy agency said crude stockpiles fell by 600,000 barrels, which was enough for a blip on the radar but not enough to keep these players up.
A new month calls for new choices of investments. Here are three of the best stocks right now in the ascendant energy sector.
Energen, Gulfport Energy, Laredo Petroleum, Newfield Exploration, PDC Energy and SM Energy top Williams Capital Group's takeout list.
Oil and gas properties continue to exchange hands at what many think may be the bottom of the downturn.
Here are Friday's top research calls, including downgrades for FireEye and Teva Pharmaceuticals, and upgrades for Kraft Heinz and U.S. Steel.
Its unconventional Eagle Ford assets went to EnCap Investments-backed Protégé but it didn't disclose the buyer of its conventional natural gas assets in South and West Texas
AIG shares rocketed Wednesday after the company topped analyst earnings expectations.
Trade-Ideas LLC identified Newfield Exploration (NFX) as a post-market laggard candidate