Large Outflow of Money Witnessed in Newfield Exploration Company

Shares of Newfield Exploration Company (NYSE:NFX) traded 0.61 points or 1.56% higher at $39.74.The total intraday money flow for the shares came in at a disappointing $(-4.81) million. The total upticks amounted to $8.44 million and the total downticks were approximately $13.25 million, with the up/down ratio of 0.64. On a different note, the shares have seen -0.3% price change during the week.In a block trade which occurred during the day, the stock had an inflow of $0 million in upticks and an outflow of $4.97 million in downticks. The up/down ratio for the block was found to be 0. The net money flow for the block transaction was $(-4.97) million.

Shares of Newfield Exploration Co. rose by 0.7% in the last five trading days and 2.37% for the last 4 weeks. Newfield Exploration Co. is up 18.69% in the last 3-month period. Year-to-Date the stock performance stands at 23.28%.

Currently the company Insiders own 0.44% of Newfield Exploration Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -16.88% . During last six month period, the net percent change held by insiders has seen a change of -16.88%. . On the companys insider trading activities,The (President and CEO) of Newfield Exploration Co /De/, Boothby Lee K sold 50,000 shares at $40.95 on May 26, 2016. The Insider selling transaction had a total value worth of $2,047,500. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Newfield Exploration Company (NYSE:NFX) rose 2.58% or 1.01 points on Friday and made its way into the gainers of the day. After trading began at $39.75 the stock was seen hitting $40.6799 as a peak level and $39.61 as the lowest level. The stock ended up at $40.14. The daily volume was measured at 3,086,104 shares. The 52-week high of the share price is $42.53 and the 52-week low is $20.84. The company has a market cap of $7,967 million.

Newfield Exploration Company (Newfield) is an independent energy company engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids. The Companys principal areas of operation are oil and liquids-rich resource plays in the Mid-Continent, Rocky Mountains and onshore Gulf Coast regions of the United States. The Company operates through two segments: the United States and China. Approximately 46% of the Companys proved reserves are located in Mid-Continent region. The Companys assets consist of more than 400,000 net acres in the Anadarko and Arkoma basins. Approximately 43% of its proved reserves are located in the Rocky Mountains region. The Company has approximately 92,000 net acres in the Williston Basin. The Company has approximately 225,000 net acres in the Uinta Basin. About 7% of the Companys proved reserves are located in the onshore Gulf Coast region. Approximately 4%, of the Companys proved reserves are located in China.

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