Newfield Exploration's Strategy

Newfield’s near-term 2016 business strategy reflects the continuation of low commodity prices in our three-year plan and our focus on maintaining liquidity and a strong capital structure. The Company’s near-term strategy differs from our long-term business strategy. Our primary, long-term goal continues to be delivering stockholder value through consistent growth of cash flow, production and reserves.

Key components of Newfield’s business strategy include:

  • Preserving a strong and flexible capital structure
  • Focusing on organic opportunities through disciplined capital investments
  • Continuously improving operations and returns
  • Maintaining a diverse asset base with ongoing portfolio management
  • Executing select, strategic acquisitions and divestitures
  • Attracting and retaining quality employees who are aligned with stockholders' interests