Newfield Exploration is an independent energy company engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids. Co.'s principal areas of operation are the Anadarko and Arkoma basins of Oklahoma, the Williston Basin of North Dakota and the Uinta Basin of Utah. In addition, Co. has oil producing assets offshore China. As of Dec 31 2017, Co. had proved reserves of 680.0 million barrels of oil equivalent, which consisted of 250.0 million barrels of oil and condensate, 1,704.00 billion cubic feet of natural gas, and 146 million barrels of natural gas liquids. We show 37 historical shares outstanding datapoints in our coverage of NFX's shares outstanding history.
Understanding the changing numbers of NFX shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like NFX versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching NFX by allowing them to research NFX shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
