Newfield Commences Offering Of Common Stock

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Newfield Exploration (NFX) Prices 30M Common Offering for Proceeds of $700M

February 26, 2016 10:27 AM UTC

Newfield Exploration Company (NYSE: NFX) announced the pricing of an underwritten public offering of 30,000,000 shares of its common stock. The underwriters intend to offer the shares from time to time for sale in one or more transactions on the New York Stock Exchange, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices. The total gross proceeds of the offering (before underwriter's... More