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Newfield Exploration (NFX) says it will seek strategic alternatives for its international oil...

Newfield Exploration (NFX) says it will seek strategic alternatives for its international oil and gas holdings, and forecasts a Q4 loss of ~$1.2B from a $1.5B writedown due to low natural gas prices and the sale of some assets. NFX also will take a Q4 non-cash charge of ~$550M for deferred income taxes. Plans 2013 capex budget of $1.7B-$1.9B; sees production of 44M-47M boe vs. 47M in 2012. Shares +3.7% premarket.
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