Lee K Boothby Net Worth is2.4 $Million
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Company Name: Newfield Exploration

Company Logo: Image:Newfield.png

Company Type: Public company

Traded As: NFX, S&P 500

Foundation: 1988

Founder: Joe B. Foster

Location: Houston, Texas, USA

Area Served: United States

Key People: '''Lee K. Boothby''',

Num Employees: 1,148 – February 22, 2010
Industry: List of petroleum companies

Products: Crude Oil,

Homepage: http://www.newfield.com

Headquartered in Houston, Texas, Newfield Exploration is an independent company that specializes in the exploration and production of crude oil and natural gas. Its operations in the United States include the Mid-Continent region of Oklahoma and northern Texas, along the Rocky Mountains, southern and coastal Texas, the Gulf of Mexico, and recently in Pennsylvania along the Appalachia Mountains. Newfield also operates internationally through numerous sites offshore of Malaysia and China. By the end of 2009, total proved reserves were 3.6 trillion cubic feet (1A?1011 m3) equivalent with approximately 85% of those reserves being located onshore of the U.S. Newfield's present base is estimated to be about 70% natural gas. Today, Newfield has an enterprise value of more than $8.5 billion.
Newfield Exploration was founded in 1988 by former chairman of Tenneco Oil Company, Joe B. Foster. Through investments by Charles Duncan, the University of Texas endowment funds and the founding employees, the company was capitalized with $9 million. During 1990, Newfield purchased its first production property in Eugene Island 172. Through various workover programs in an attempt to increase efficiency, production of Eugene Island 172 increased from 0.2 million cubic feet per day (5,700 m3/d) to over 20 million cubic feet per day (570,000 m3/d) by the end of the year. Even to this day, Eugene Island 172 continues to produce. By the end of 1993, Newfield went public and began trading on the NYSE, under the symbol "NFX". Shares would initially be sold at $4.38 before rising to what they are today. Throughout the rest of the decade, Newfield's focus of the Gulf of Mexico would begin to expand into southern Louisiana and the Texas coast in an effort to diversify their base.
Early into 2001, Newfield acquired Lariat Petroleum, thus establishing a new focus area in the Anadarko Basin of Oklahoma. An additional acquisition the following year was finalized in November when EEX Corporation

Lee K Boothby Latest News

Newfield Exploration's (NFX) CEO Lee Boothby on Q2 2014 Results - Earnings Call Transcript

Lee K. Boothby - Chairman of the Board, Chief Executive Officer and President Lawrence S. Massaro - Chief Financial Officer and Executive Vice President Gary D. Packer - Chief Operating Officer and Executive Vice President Analysts Joseph D. Allman - JP ...
Posted: July 30, 2014, 4:00 am

Newfield Exploration : Announces Appointment of Edgar R. Giesinger to Board of Directors

Bud's 36 years of accounting and finance experience at KPMG will be an important asset to Newfield,' said Lee K. Boothby, Newfield Chairman, President and CEO. 'We look forward to his guidance not only around financial matters, but also the insight and ...
Posted: August 14, 2017, 2:23 pm

Newfield Exploration Company (NYSE:NFX) Raised to "Sell" at BidaskClub

The rating was upgraded by Citigroup on Wednesday, January 4 to "Buy". Boothby Lee K also sold $331,920 worth of Newfield Exploration Co. (NYSE:NFX) on Friday, February 26 to "Buy" rating. The firm has "Outperform" rating given on Thursday, November 5 by ...
Posted: August 2, 2017, 7:02 pm

Newfield Exploration Company Announces Appointment of Edgar R. Giesinger to ...

"Bud's 36 years of accounting and finance experience at KPMG will be an important asset to Newfield," said Lee K. Boothby, Newfield Chairman, President and CEO. "We look forward to his guidance not only around financial matters, but also the insight and ...
Posted: August 15, 2017, 2:25 pm

US Bancorp DE Boosts Stake in Newfield Exploration Company (NYSE:NFX)

Since February 27, 2017, it had 1 buying transaction, and 3 insider sales for $826,170 activity. Boothby Lee K also sold $293,940 worth of Newfield Exploration Co. (NYSE:NFX) or 3,000 shares. Investors sentiment decreased to 1.19 in Q4 2016. Its down 0.26 ...
Posted: August 8, 2017, 8:58 pm
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