NEWFIELD EXPLORATION COMPANY (NYSE:NFX) Files An 8-K Results of Operations and Financial Condition

ME Staff 8-k
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NEWFIELD EXPLORATION COMPANY (NYSE:NFX) Files An 8-K Results of Operations and Financial Condition
Item 2.02  Results of Operations and Financial Condition

On May 2, 2017, Newfield Exploration Company (“Newfield”) issued a press release that announced its prior quarter financial results and provided an update on operations. A copy of the press release is furnished herewith as Exhibit 99.1.

The information in Item 2.02 of this Current Report, including the exhibit attached hereto as Exhibit 99.1, is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The information in Item 2.02 of this Current Report shall not be incorporated by reference into any registration statement or other document to the Securities Act of 1933, as amended, except as otherwise expressly stated in such filing.

Item 7.01  Regulation FD Disclosure

On May 2, 2017, Newfield posted its @NFX publication on its website, which provided prior quarter highlights and current quarter outlook of Newfield’s operations and complete hedging positions. A copy of the publication is furnished herewith as Exhibit 99.2.

The information in Item 7.01 of this Current Report, including the exhibit attached hereto as Exhibit 99.2, is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The information in Item 7.01 of this Current Report shall not be incorporated by reference into any registration statement or other document to the Securities Act of 1933, as amended, except as otherwise expressly stated in such filing.

Item 9.01  Financial Statements and Exhibits

(d) Exhibits

99.1 First Quarter 2017 Financial Results and Update on Operations issued by Newfield on May 2, 2017

99.2 @ NFX Publication posted by Newfield on May 2, 2017


About NEWFIELD EXPLORATION COMPANY (NYSE:NFX)

Newfield Exploration Company is an independent energy company engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids (NGLs). The Company’s operations are focused primarily on large scale, onshore liquids-rich resource plays in the United States. Its segments are the United States and China. Its principal areas of operation are the Anadarko and Arkoma Basins of Oklahoma, the Williston Basin of North Dakota, the Uinta Basin of Utah and the Maverick, and Gulf Coast basins of Texas. In addition, it has oil developments offshore China. Its proved reserves of over 510 million barrels of oil equivalents (MMBOE) consist of over 310 MMBOE proved developed producing, 20 MMBOE proved developed non-producing and 180 MMBOE proved undeveloped reserves. Its proved liquids reserves are over 290 million barrels. Over 71% of its proved liquid reserves are crude oil or condensate. Its proved natural gas reserves are over 1,305 billion cubic feet (Bcf).

NEWFIELD EXPLORATION COMPANY (NYSE:NFX) Recent Trading Information

NEWFIELD EXPLORATION COMPANY (NYSE:NFX) closed its last trading session down -0.59 at 34.02 with 4,037,813 shares trading hands.