Michael Fitzsimmons
Oil & gas, dividend investing, research analyst

Newfield Exploration: Expect A 25% Return On Sale Of China Assets And SCOOP Drilling

Newfield Exploration (NYSE:NFX) is an independent oil and gas exploration and production company primarily focused on four domestic core liquids-rich regions: the Williston, Uinta, and Anararko Basins and the Eagle Ford shale. The stock chart of NFX shows a company that has been on a wild ride, trading at more than twice the current price just 3 years ago. However, after selling more than $3 billion in non-strategic assets over the last 4 years Newfield is now focused on being a top-tier domestic (liquids) resource company. EPS in 2013 was a solid $0.94/share and should double to $2 bucks this year. Drilling results in the Anadarko Basin's SCOOP play have been awesome. An addition catalyst should be the...

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