31 July 2014quarterly activities report▼ Bad
NEWFIELD EXPLORATION CO /DE/ reported a quarterly net loss of $22.0 million for the period ended 2014-06-30.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
30 July 2014quarterly activities report▼ Bad
NEWFIELD EXPLORATION CO /DE/ reported a quarterly net loss of $22.0 million for the period ended 2014-06-30.
18 July 2014quarterly activities report▼ Bad
NEWFIELD EXPLORATION CO /DE/ reported a quarterly net loss of $22.0 million for the period ended 2014-06-30.
30 Apr 2014quarterly activities report● Neutral
NEWFIELD EXPLORATION CO /DE/ reported a quarterly net income of $284.0 million for the period ended 2014-03-31.
30 Apr 2014quarterly activities report● Neutral
NEWFIELD EXPLORATION CO /DE/ reported a quarterly net income of $284.0 million for the period ended 2014-03-31.
27 Feb 2014quarterly activities report● Neutral
NEWFIELD EXPLORATION CO /DE/ reported a quarterly net income of $17.0 million for the period ended 2013-12-31.
14 Feb 2014substantial holder notice● Neutral
Wellington Management Company, LLP reported a NEWFIELD EXPLORATION CO /DE/ shareholding of 5,458,728 shares (4.01% of votes) in a periodic institutional filing.
14 Feb 2014asset acquisition disposition▲ GoodMajor
The Malaysian sale to SapuraKencana closed on February 10, 2014, with cash proceeds of about $896 million after adjustments, against the $898 million agreed price. This completes the October 2013 agreement. The pro forma exhibit says the proceeds were used to repay all amounts owed under the credit facility, and the press release says they would reduce short-term borrowings and cover general corporate purposes. The China business is also reported as discontinued operations, and the divestiture of international businesses is described as ongoing.
12 Feb 2014substantial holder notice● Neutral
The Vanguard Group reported a NEWFIELD EXPLORATION CO /DE/ shareholding of 9,419,809 shares (6.92% of votes) in a periodic institutional filing.
30 Jan 2014substantial holder notice● Neutral
BlackRock, Inc disclosed a new substantial NEWFIELD EXPLORATION CO /DE/ shareholding (5.20% of votes).
5 Nov 2013quarterly activities report● Neutral
NEWFIELD EXPLORATION CO /DE/ reported a quarterly net income of $27.0 million for the period ended 2013-09-30.
4 Nov 2013quarterly activities report● Neutral
NEWFIELD EXPLORATION CO /DE/ reported a quarterly net income of $27.0 million for the period ended 2013-09-30.
28 Oct 2013material agreement▲ GoodMajor
On October 22, 2013 Newfield agreed to sell all of its Malaysian business to SapuraKencana Petroleum Berhad for $898 million in cash, subject to adjustments. Closing needs PETRONAS approval, the buyer's shareholder approval and partners' preferential-rights offers, and is expected in early 2014. Newfield says this follows its early-2013 announcement of an intent to exit international businesses and focus on domestic resource plays, with proceeds going to pay down debt and general corporate purposes.
10 Oct 2013substantial holder notice● Neutral
BlackRock, Inc reported a NEWFIELD EXPLORATION CO /DE/ shareholding of 6,738,171 shares (4.97% of votes) in a periodic institutional filing.
26 July 2013quarterly activities report● Neutral
NEWFIELD EXPLORATION CO /DE/ reported a quarterly net income of $111.0 million for the period ended 2013-06-30.
27 June 2013debt financing▲ Good
On June 25, 2013 Newfield signed a third amendment to its June 2011 credit agreement, extending the term to June 25, 2018 and raising the available funds from $1.25 billion to $1.4 billion. Commitments were also reallocated among the lenders.
10 May 2013substantial holder notice● Neutral
Wellington Management Company, LLP reported a NEWFIELD EXPLORATION CO /DE/ shareholding of 7,339,038 shares (5.42% of votes) in a periodic institutional filing.
29 Apr 2013quarterly activities report▼ Bad
NEWFIELD EXPLORATION CO /DE/ reported a quarterly net loss of $8.0 million for the period ended 2013-03-31.
24 Apr 2013quarterly activities report▼ Bad
NEWFIELD EXPLORATION CO /DE/ reported a quarterly net loss of $8.0 million for the period ended 2013-03-31.
21 Feb 2013quarterly activities report▼ Bad
NEWFIELD EXPLORATION CO /DE/ reported a quarterly net loss of $1402.0 million for the period ended 2012-12-31.
14 Feb 2013substantial holder notice● Neutral
Wellington Management Company, LLP reported a NEWFIELD EXPLORATION CO /DE/ shareholding of 15,439,426 shares (11.44% of votes) in a periodic institutional filing.
11 Feb 2013substantial holder notice● Neutral
The Vanguard Group reported a NEWFIELD EXPLORATION CO /DE/ shareholding of 7,988,370 shares (5.91% of votes) in a periodic institutional filing.
30 Jan 2013substantial holder notice● Neutral
BlackRock, Inc disclosed a new substantial NEWFIELD EXPLORATION CO /DE/ shareholding (5.30% of votes).
29 Oct 2012quarterly activities report▼ Bad
NEWFIELD EXPLORATION CO /DE/ reported a quarterly net loss of $33.0 million for the period ended 2012-09-30.
24 Oct 2012quarterly activities report▼ Bad
NEWFIELD EXPLORATION CO /DE/ reported a quarterly net loss of $33.0 million for the period ended 2012-09-30.
10 Sept 2012substantial holder notice● Neutral
Capital World Investors ** reported no remaining NEWFIELD EXPLORATION CO /DE/ shareholding in its periodic institutional filing.
26 July 2012quarterly activities report● Neutral
NEWFIELD EXPLORATION CO /DE/ reported a quarterly net income of $135.0 million for the period ended 2012-06-30.
24 July 2012quarterly activities report● Neutral
NEWFIELD EXPLORATION CO /DE/ reported a quarterly net income of $135.0 million for the period ended 2012-06-30.
3 July 2012debt financing● NeutralMajor
On July 3, 2012 Newfield accepted about $413 million (roughly 75%) of its $550 million 6 5/8% Senior Subordinated Notes due 2016 in a tender offer, and removed most of the protective covenants on the remaining notes. It also said it will redeem any notes not tendered by July 18, 2012 at $1,022.08 per $1,000. Its filing does not link this to the June 2012 notes offering; that link would be an inference.
26 June 2012debt financing● NeutralMajor
On June 26, 2012 Newfield completed a public offering of $1 billion of 5 5/8% Senior Notes due July 1, 2024. They are unsecured, rank equally with other senior unsecured debt, and pay interest each January 1 and July 1 starting January 1, 2013. The filing does not state what the proceeds are for.