Newfield Exploration (NFX) Marked As Today's Post-Market Laggard

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Trade-Ideas LLC identified Newfield Exploration ( NFX) as a post-market laggard candidate. In addition to specific proprietary factors, Trade-Ideas identified Newfield Exploration as such a stock due to the following factors:

  • NFX has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $89.2 million.
  • NFX is down 2.2% today from today's close.

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More details on NFX:

Newfield Exploration Company, an independent energy company, is engaged in the exploration, development, and production of crude oil, natural gas, and natural gas liquids. Its primary areas of operation include the Mid-Continent, the Rocky Mountains, and onshore Gulf Coast. NFX has a PE ratio of 38.5. Currently there are 10 analysts that rate Newfield Exploration a buy, no analysts rate it a sell, and 6 rate it a hold.

The average volume for Newfield Exploration has been 2.4 million shares per day over the past 30 days. Newfield has a market cap of $6.1 billion and is part of the basic materials sector and energy industry. The stock has a beta of 1.46 and a short float of 5.3% with 2.64 days to cover. Shares are up 78.6% year-to-date as of the close of trading on Monday.

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