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 February21, 2017, Newfield Exploration Company (Newfield)
issued a press release that announced its fourth quarter and
full-year 2016 financial results and provided an update on
operations. A copy of that press release is furnished herewith as
Exhibit99.1.
Also on February21, 2017, Newfield issued a separate press
release that provided its 2017 capital investment and growth
outlook. A copy of that press release is furnished herewith as
Exhibit99.2.
The information in Item 2.02 of this Current Report, including
the exhibits attached hereto as Exhibit99.1 and 99.2, is being
furnished and shall not be deemed filed for the purposes of
Section18 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 February21, 2017, Newfield posted its @NFX publication, which
provided a year end 2016 update and outlook on the Companys
operational highlights and complete hedging positions. A copy of
the publication is furnished herewith as Exhibit99.3.
The information in Item 7.01 of this Current Report, including
the exhibit attached hereto as Exhibit99.3, is being furnished
and shall not be deemed filed for the purposes of Section18 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
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(d) |
Exhibits |
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99.1 |
Fourth Quarter and Full-Year 2016 Financial Results and |
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99.2 |
2017 Capital Investment Plan and Growth Outlook issued by |
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99.3 |
@ NFX Publication posted by Newfield on February21, 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 up +0.67 at 42.49 with 2,874,036 shares trading hands.
