Newfield (NFX) “Hold” Rating Kept by Analysts at BMO Capital; With $34.0 Target; Alpine Total Dynamic Dividend Fund (AOD) Sentiment Is 1.39

November 15, 2017 - By Vivian Park

Among 30 analysts covering Newfield Exploration Co. (NYSE:NFX), 21 have Buy rating, 1 Sell and 8 Hold. Therefore 70% are positive. Newfield Exploration Co. has $58 highest and $22 lowest target. $40.85’s average target is 36.99% above currents $29.82 stock price. Newfield Exploration Co. had 96 analyst reports since July 21, 2015 according to SRatingsIntel. Cantor Fitzgerald initiated Newfield Exploration Co. (NYSE:NFX) on Wednesday, December 23 with “Buy” rating. Topeka Capital Markets initiated the stock with “Buy” rating in Wednesday, March 23 report. The firm earned “Buy” rating on Friday, October 9 by Stifel Nicolaus. The company was downgraded on Friday, August 5 by Barclays Capital. The firm earned “Outperform” rating on Thursday, August 6 by RBC Capital Markets. Jefferies maintained the shares of NFX in report on Tuesday, July 4 with “Buy” rating. Barclays Capital maintained Newfield Exploration Co. (NYSE:NFX) on Wednesday, October 11 with “Equal-Weight” rating. The stock of Newfield Exploration Co. (NYSE:NFX) has “Hold” rating given on Friday, August 5 by KLR Group. The stock has “Buy” rating by Williams Capital Group on Wednesday, August 2. The stock of Newfield Exploration Co. (NYSE:NFX) has “Market Perform” rating given on Tuesday, July 21 by Cowen & Co.

Alpine Total Dynamic Dividend Fund is a diversified, closed-end management investment company. The company has market cap of $954.35 million. The Fund’s primary investment objective is to seek high current dividend income. It currently has negative earnings. The Fund also focuses on long-term growth of capital as a secondary investment objective.

The stock decreased 7.10% or $2.28 during the last trading session, reaching $29.82. About shares traded. Newfield Exploration Co. (NYSE:NFX) has declined 13.04% since November 15, 2016 and is downtrending. It has underperformed by 29.74% the S&P500.

Newfield Exploration Company is an independent exploration and production company. The company has market cap of $5.95 billion. It is engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids. It has a 17.28 P/E ratio. The Company’s operating divisions are the United States and China.

Since June 1, 2017, it had 0 buys, and 1 sale for $293,940 activity. $293,940 worth of stock was sold by Boothby Lee K on Thursday, June 1.

Analysts await Newfield Exploration Co. (NYSE:NFX) to report earnings on February, 20. They expect $0.57 EPS, up 16.33% or $0.08 from last year’s $0.49 per share. NFX’s profit will be $113.73 million for 13.08 P/E if the $0.57 EPS becomes a reality. After $0.52 actual EPS reported by Newfield Exploration Co. for the previous quarter, Wall Street now forecasts 9.62% EPS growth.

Investors sentiment increased to 1.08 in 2017 Q2. Its up 0.10, from 0.98 in 2017Q1. It is positive, as 40 investors sold Newfield Exploration Co. shares while 133 reduced holdings. 48 funds opened positions while 139 raised stakes. 199.90 million shares or 3.61% more from 192.94 million shares in 2017Q1 were reported. Credit Agricole S A has invested 0.03% in Newfield Exploration Co. (NYSE:NFX). Aberdeen Asset Mgmt Pcl Uk has invested 0% in Newfield Exploration Co. (NYSE:NFX). Connecticut-based Bridgewater Lp has invested 0.22% in Newfield Exploration Co. (NYSE:NFX). Cubist Systematic Strategies Lc invested in 0.17% or 92,360 shares. Archford Cap Strategies Limited Liability has invested 0% in Newfield Exploration Co. (NYSE:NFX). Tower Cap Ltd Llc (Trc) invested 0% in Newfield Exploration Co. (NYSE:NFX). Prudential Fincl Inc has 3.24 million shares for 0.14% of their portfolio. Moreover, Northwestern Mutual Wealth Mngmt has 0% invested in Newfield Exploration Co. (NYSE:NFX) for 12,062 shares. Credit Suisse Ag reported 395,229 shares or 0.01% of all its holdings. Cibc Asset Management holds 0% or 17,727 shares. Lucas Capital Management reported 0.44% stake. Bluefin Trading Ltd holds 0.13% or 40,920 shares. Icm Asset Mngmt Wa reported 0.92% in Newfield Exploration Co. (NYSE:NFX). North Star Asset Mngmt owns 86,365 shares for 0.25% of their portfolio. 250,139 were reported by Kennedy Mngmt.

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