Newfield Exploration is an independent energy company engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids. Co.'s principal areas of operation are the Anadarko and Arkoma basins of Oklahoma, the Williston Basin of North Dakota and the Uinta Basin of Utah. In addition, Co. has oil producing assets offshore China. As of Dec 31 2017, Co. had proved reserves of 680.0 million barrels of oil equivalent, which consisted of 250.0 million barrels of oil and condensate, 1,704.00 billion cubic feet of natural gas, and 146 million barrels of natural gas liquids. The NFX average annual return 10 years is shown above.
The Average Annual Return on the NFX average annual return 10 years page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether NFX average annual return 10 years or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the NFX average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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