Newfield Exploration Co (NFX) financial statements (2021 and earlier)

Company profile

Business Address 4 WATERWAY SQUARE PLACE
THE WOODLANDS, TX 77380
State of Incorp. DE
Fiscal Year End December 31
SIC 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

9/30/2018
Q3
6/30/2018
Q2
3/31/2018
Q1
12/31/2017
Q4
9/30/2017
Q1
6/30/2017
Q2
3/31/2017
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments264293196326428547494
Cash and cash equivalents264293196326428522469
Short-term investments     2525
Receivables386348327292277224243
Inventory, net of allowances, customer advances and progress billings25242315181925
Inventory25242315181925
Derivative instruments and hedges, assets 21215103352
Other current assets828988981036051
Total current assets:757756646746836883865
Noncurrent Assets
Long-term investments and receivables25242424242322
Long-term investments25242424242322
Derivative instruments and hedges   1 12
Restricted cash and investments47464540363228
Deferred costs8887776
Other noncurrent assets4150535191111
Other undisclosed noncurrent assets4,7984,5774,3464,0923,8323,6383,454
Total noncurrent assets:4,9194,7054,4764,2153,9083,7123,523
TOTAL ASSETS:5,6765,4615,1224,9614,7444,5954,388
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities751749643637631590474
Accounts payable51575246884440
Accrued liabilities700692591591543546434
Derivative instruments and hedges, liabilities22122815398181346
Asset retirement obligation2233222
Other undisclosed current liabilities77714580617361
Total current liabilities:1,0511,050844818712678583
Noncurrent Liabilities
Long-term debt and lease obligation2,4362,4352,4342,4342,4332,4322,432
Long-term debt, excluding current maturities2,4362,4352,4342,4342,4332,4322,432
Liabilities, other than long-term debt318336339301298278273
Asset retirement obligations135134133130158156160
Deferred tax liabilities, net92978976645548
Other liabilities67667169716765
Derivative instruments and hedges, liabilities243946265  
Total noncurrent liabilities:2,7542,7712,7732,7352,7312,7102,705
Total liabilities:3,8053,8213,6173,5533,4433,3883,288
Stockholders' equity
Stockholders' equity attributable to parent1,8711,6401,5051,4081,3011,2071,100
Common stock2222222
Treasury stock, value(67)(60)(60)(59)(58)(52)(45)
Additional paid in capital3,3463,3323,3163,3033,2913,2783,263
Accumulated other comprehensive loss(1)(1)(1) (1)(1)(2)
Accumulated deficit(1,409)(1,633)(1,752)(1,838)(1,933)(2,020)(2,118)
Total stockholders' equity:1,8711,6401,5051,4081,3011,2071,100
TOTAL LIABILITIES AND EQUITY:5,6765,4615,1224,9614,7444,5954,388

Income statement (P&L) ($ in millions)

9/30/2018
Q3
6/30/2018
Q2
3/31/2018
Q1
12/31/2017
Q4
9/30/2017
Q1
6/30/2017
Q2
3/31/2017
Q1
Revenues711679580710439402417
Revenue, net679580710439402417
Cost of revenue
(Cost of Goods and Services Sold)
 (73)(58)198(53)(71)(56)
Gross profit:711606522908386331361
Operating expenses(416)(379)(348)836(327)(303)(296)
Other undisclosed operating income (loss) 7358(198)537156
Operating income:2953002321,54611299121
Nonoperating income (expense)(77)(167)(133)72(44)833
Investment income, nonoperating(57)(145)(111)75(23)2853
Other nonoperating income3 15122
Interest and debt expense(38)(37)(38)(34)(37)(37)(38)
Other undisclosed income from continuing operations before equity method investments, income taxes38373834373738
Income from continuing operations before income taxes:218133991,61868107154
Income tax expense (benefit)6(14)(13)5219(9)(7)
Net income available to common stockholders, diluted:224119861,6708798147

Comprehensive Income ($ in millions)

9/30/2018
Q3
6/30/2018
Q2
3/31/2018
Q1
12/31/2017
Q4
9/30/2017
Q1
6/30/2017
Q2
3/31/2017
Q1
Net income:224119861,6708798147
Comprehensive income:224119861,6708798147
Other undisclosed comprehensive income (loss), net of tax, attributable to parent  (1)2 1 
Comprehensive income, net of tax, attributable to parent:224119851,6728799147

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: