Newfield Exploration - M&A Summary, Ownership, and Business Overview

Oil/gas ExplorationCompany

Newfield Exploration M&A Summary

Newfield Exploration has acquired 3 companies of its own.

Newfield Exploration’s largest acquisition to date was in 2002, when it acquired EEX for $640M. Newfield Exploration has acquired in 2 different US states. The Company’s most targeted sectors include oil/gas exploration (67%) and energy services and equipment (34%).

Newfield Exploration Ownership

Who owns Newfield Exploration?

Newfield Exploration is owned by Ovintiv. It was acquired on November 1, 2018.

Newfield Exploration Business Overview

Where is Newfield Exploration headquartered?

Newfield Exploration is headquartered in The Woodlands, Texas.

What is Newfield Exploration’s revenue?

Newfield Exploration disclosed revenue of 1,557M USD for 2015 and 2,288M USD for 2014.

How many employees does Newfield Exploration have?

Newfield Exploration has 1,111 employees.

What sector is Newfield Exploration in?

Newfield Exploration is an oil/gas exploration company.

When was Newfield Exploration founded?

Newfield Exploration was founded in 1988.

M&A Summary

  • M&A Total Activity3
    • M&A Buy Activity3
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1
  • M&A Advisors 1

Newfield Exploration Co.

4 Waterway Square Place, Suite 100,
The Woodlands, Texas 77380
United States,
(281) 210-5100
www.newfield.com

Newfield Exploration Co. is an independent energy company. Newfield is engaged in the exploration, development, and production of crude oil, natural gas, and natural gas liquids. The Company relies on a proven strategy of growing reserves through an active drilling program and select acquisitions. Newfield’s principal domestic areas of operation include the Mid-Continent, the Rocky Mountains and onshore Texas.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 3 - - - - - 3
vol $1.8B $1.8B
Sell (0.0/yr) # - - - - - - 0
  3

Most Recent M&A

Company Date Value Type
Stone Energy's Rocky Mountain Assets 2007-06-29 578M USD Divestiture
, United States
Inland Resources, Inc. 2004-08-27 575M USD Add-on Acquisition
Denver, Colorado
EEX Corp. 2002-11-26 640M USD Merger
, United States
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Oil/Gas Exploration 2 (67%) 1.2B (68%) - -
Energy Services and Equipment 1 (33%) 578M (32%) - -
Total 3 $1.8B - -

By Geo

State/Country Buy Value Sell Value
United States 3 1.8B - -
  Colorado 1 575M - -
Total 3 $1.8B - -

Top M&A Advisors

Financial Deals
UBS Investment Bank
1

Deal Values

buy # Total
$100M to $1B 3 $1.8B
TOTAL $1.8B
Largest EEX Corp.
$640M (2002-11-26)

M&A Connections

Deals
Acquired from
Strategic(s)
33%
1 (33%)

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