Newfield Exploration Co. (NFX) Position Lessened by Natixis Advisors L.P.

Natixis Advisors L.P. trimmed its holdings in shares of Newfield Exploration Co. (NYSE:NFX) by 20.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 86,489 shares of the energy company’s stock after selling 22,222 shares during the quarter. Natixis Advisors L.P.’s holdings in Newfield Exploration were worth $1,267,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of NFX. Legacy Financial Advisors Inc. lifted its stake in Newfield Exploration by 748.5% during the fourth quarter. Legacy Financial Advisors Inc. now owns 1,697 shares of the energy company’s stock worth $25,000 after purchasing an additional 1,497 shares during the last quarter. NuWave Investment Management LLC lifted its holdings in Newfield Exploration by 1,952.8% during the 4th quarter. NuWave Investment Management LLC now owns 1,827 shares of the energy company’s stock worth $27,000 after buying an additional 1,738 shares in the last quarter. Rational Advisors LLC lifted its holdings in Newfield Exploration by 1,952.8% during the 4th quarter. Rational Advisors LLC now owns 1,827 shares of the energy company’s stock worth $27,000 after buying an additional 1,738 shares in the last quarter. JOYN Advisors Inc. lifted its holdings in Newfield Exploration by 860.3% during the 4th quarter. JOYN Advisors Inc. now owns 2,103 shares of the energy company’s stock worth $31,000 after buying an additional 1,884 shares in the last quarter. Finally, Private Capital Group LLC lifted its holdings in Newfield Exploration by 26.8% during the 4th quarter. Private Capital Group LLC now owns 2,764 shares of the energy company’s stock worth $41,000 after buying an additional 585 shares in the last quarter. 97.87% of the stock is owned by hedge funds and other institutional investors.

Several research firms have issued reports on NFX. Williams Capital reaffirmed a “hold” rating and set a $20.00 price objective on shares of Newfield Exploration in a report on Monday, February 11th. Seaport Global Securities cut shares of Newfield Exploration from a “buy” rating to a “neutral” rating and set a $35.00 target price for the company. in a research report on Monday, December 10th. Johnson Rice cut shares of Newfield Exploration to a “hold” rating and set a $25.00 target price for the company. in a research report on Sunday, December 16th. Morgan Stanley set a $18.00 price objective on shares of Newfield Exploration and gave the company a “hold” rating in a research report on Tuesday, January 29th. Finally, Capital One Financial cut shares of Newfield Exploration from an “overweight” rating to an “equal weight” rating in a research report on Thursday, December 20th. One analyst has rated the stock with a sell rating, sixteen have given a hold rating and four have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $30.85.

Shares of NYSE:NFX opened at $17.07 on Monday. The firm has a market cap of $3.43 billion, a PE ratio of 7.94, a price-to-earnings-growth ratio of 0.37 and a beta of 1.85. The company has a current ratio of 0.72, a quick ratio of 0.70 and a debt-to-equity ratio of 1.30. Newfield Exploration Co. has a 52 week low of $12.45 and a 52 week high of $31.46.

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Newfield Exploration Profile

Newfield Exploration Company, an independent energy company, engages in the exploration, development, and production of crude oil, natural gas, and natural gas liquids in the United States. The company has operations principally in the Anadarko and Arkoma basins of Oklahoma, the Williston Basin of North Dakota, and the Uinta Basin of Utah.

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Institutional Ownership by Quarter for Newfield Exploration (NYSE:NFX)

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