We have maintained our long-term Neutral recommendation on Newfield Exploration Company (NYSE:NFX) – a Houston, Texas-based independent energy company engaged in the exploration and production (E&P) of crude oil and natural gas.
The company started the year on a positive note and reported strong oil production of 5.9 million barrels, representing 47% of its total first quarter 2012 production. Total quarterly production of 76.1 billion cubic feet equivalent (Bcfe), comprising 53% natural … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards