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See what the IHS Markit Score report has to say about Newfield Exploration Co.

IHS Markit

Newfield Exploration Co

NYSE:NFX

Score: Negative (17)

209 days at current score.

Downgraded from Neutral on September 21st 2017

View full report here!

Summary


  • This company ranked negatively compared to the Energy sector despite only 1 negative IHS Markit Category
  • Perception of the company's creditworthiness is neutral but improving
  • ETFs holding this stock have seen outflows over the last one-month
  • Bearish sentiment is low
  • Economic output in this company's sector is contracting


Bearish sentiment

Short interest | Positive

Short interest is low for NFX with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices.

Money flow

ETF/Index ownership | Negative

ETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding NFX totaled $20.05 billion. Additionally, the rate of outflows appears to be accelerating.

Economic sentiment

PMI by IHS Markit

There is no PMI sector data available for this security.

Credit worthiness

Credit default swap | Neutral

The current level displays a neutral indicator with a strengthening bias over the past 1-month. NFX credit default swap spreads are decreasing, indicating some improvement in the market's perception of the company's credit worthiness. Additionally, they are within the middle of the range set over the last three years.

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