Comments for NFX - Stockpickr! Your Source for Stock Ideas

Comments for NFX

Added By	Comments	Type	Date Added
barrons2	Q: How do you go about valuing this company? Glasser: We look at it on a net asset basis, using various commodity prices. We try to make conservative judgments about the reserves they have and the reserves they are likely to have and what the final development costs are going to be. It also depends on your assumptions in terms of natural gas. If you were using an $11.50 per Mcf [thousand cubic feet] gas price, the upside price potential over a multi-year period is double its current price of about 67. If you put a $7 per Mcf price on natural gas, there's modest downside. Currently, natural gas is at about $13 per Mcf.	Love	June 21, 2008
barrons2	Buy - Price 65.90 on June 18 by Sterne Agee & Leach Newfield Exploration announced that one field offshore Malaysia had commenced production and that another would commence production later this week. For 2008, NFX raised production guidance from 224 to 234 [billion cubic feet of natural-gas equivalent] to 232 to 239 Bcfe, the second time this year the company has raised guidance. Our Buy rating and target price of 85 a share are reiterated. The target price equates to 20.8, 6.7 and 7.6 times our 2008 estimates of EPS, Ebitda and EV/Ebitda, respectively. The stock is currently selling for 16.2, 5.2 and 6.1 times our 2008 EPS, Ebitda and EV/Ebitda estimates versus 14, 4.7 and 5.5 times the group averages, respectively. Market cap: $8.4 billion.	Love	June 21, 2008
Lake Forest	Technical analysis wait for confirm on Nov19	Love	November 17, 2007
denp54	more energy	Love	August 13, 2007
moosetales	domestic gas producer	Love	August 03, 2007
Barrons	From Barron's 4/2/07 As a result of the new company guidance, we have revised our 2007 earnings estimates downward, from $4.91 to $4.51 per share...Retaining our Buy rating, with a target price of 54 [which] equates to 12 and 3.7 times our 2007E EPS and Ebitda per share, respectively. We believe the stock will react favorably to the onset of production at the Wrigley Field, Grove Field and Abu Field, all expected soon.	Love	March 31, 2007
Deron Florey	Chump change to take out this excellent driller.	Love	March 19, 2007
Guest	Drilling in the Woodford Shale gas shale basin in Oklahoma could drive up natural-gas production for Newfield Exploration (NFX). Newfield Exploration's early and low-cost move to acquire Woodford Shale property--plus drilling lessons learned in 2006--should bear fruit in 2007 with large production gains.	Love	January 31, 2007