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Newfield Exploration Co. (NFX) in Focus: Stock Moves 6.0% Higher
March 24, 2014

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Newfield Exploration Co. (NFX - Free Report) was a big mover last session, as the company saw its shares rise by almost 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up almost 19% in the past one-month time frame.

This independent oil & gas company has seen five positive and eight negative estimate revisions over the last 30 days and its Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.

Newfield Exploration has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the same industry include Range Resources Corporation (RRC - Free Report) , Warren Resources Inc. and Clayton Williams Energy, Inc. . While Range Resources and Warren Resources hold a Zacks Rank #1 (Strong Buy), Clayton Williams Energy carries a Zacks Rank #2 (Buy).

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