EVP and CFO of Newfield Exploration Company (NFX) Terry W Rathert sells 20,000 shares of NFX on 09/15/2010 at an average price of $52.53 a share.

Newfield Exploration Company has a market cap of $7.08 billion; its shares were traded at around $53.01 with a P/E ratio of 9.9 and P/S ratio of 5.4. Newfield Exploration Company had an annual average earning growth of 7.8% over the past 10 years.

NFX is in the portfolios of Robert Rodriguez of FPA Capital, Stanley Druckenmiller of Duquesne Capital Management, LLC, First Pacific Advisors of First Pacific Advisors, LLC, David Dreman of Dreman Value Management, Steven Cohen of SAC Capital Advisors, Jeremy Grantham of GMO LLC, Kenneth Fisher of Fisher Asset Management, LLC, Chuck Royce of Royce& Associates.

This is the annual revenues and earnings per share of NFX over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of NFX.

CEO Recent Trades:

• Sell: President and CEO Lee K Boothby sold 13,500 shares of NFX stock on 08/10/2010 at the average price of 55.04. Lee K Boothby owns at least 187,150 shares after this. The price of the stock has decreased by 3.69% since.

This is the insider trade history vs. stock price of NFX. For the complete insider trading history of NFX, click here.

Directors and Officers Recent Trades:

• Sell: Director Charles E Shultz sold 250 shares of NFX stock on 09/15/2010 at the average price of 52.49. Charles E Shultz owns at least 27,698 shares after this. The price of the stock has increased by 0.99% since.


• Sell: Director Philip Burguieres sold 500 shares of NFX stock on 09/01/2010 at the average price of 50. Philip Burguieres owns at least 25,832 shares after this. The price of the stock has increased by 6.02% since.


• Sell: Director Philip Burguieres sold 500 shares of NFX stock on 06/22/2010 at the average price of 55.6. Philip Burguieres owns at least 26,332 shares after this. The price of the stock has decreased by 4.66% since.


• Sell: Director John Randolph Kemp Iii sold 1,000 shares of NFX stock on 06/16/2010 at the average price of 56.88. John Randolph Kemp Iii owns at least 15,822 shares after this. The price of the stock has decreased by 6.8% since.


• Sell: General Counsel and Secretary John D Marziotti sold 3,000 shares of NFX stock on 06/15/2010 at the average price of 56.29. John D Marziotti owns at least 31,303 shares after this. The price of the stock has decreased by 5.83% since.

Why CEOs Are Buying Stocks Of Their Own Companies?

1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading

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