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Newfield Exploration Co (FRA:NX9) Payments on Behalf of Employees


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What is Newfield Exploration Co Payments on Behalf of Employees?

Payments on Behalf of Employees only applicable to companies reporting Cash Flow from Operations in direct method.


Newfield Exploration Co (FRA:NX9) Business Description

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Newfield Exploration Company is an independent exploration and production company that participates in exploration, development, and production of crude oil, natural gas, and natural gas liquids. The company operates with a portfolio of onshore liquids-rich resource plays. Newfield Exploration has extensive drilling inventories in the United States' drilling areas. The majority of Newfield's operations are located in the Anadarko and Arkoma basins of Oklahoma, Willingston basin of North Dakota and Uinta basin of Utah. It also has oil producing assets offshore China. The majority of Newfield's oil, natural gas, and natural gas liquids are sold to a variety of purchasers under short-term contracts.