Roger Plank - Newfield Exploration Independent Director

Director

Mr. Roger B. Plank is an Independent Director of Newfield Exploration Company. Mr. Plank has 35 years of experience in the oil and gas industry. Early in 2016, he founded and began serving as Chief Executive Officer of Apex International Energy Management, LLC, a private oil and gas company focused on acquisitions, exploration and production in the Middle East North Africa region, including Egypt. Recently the Egyptian General Petroleum Company awarded Apex two concessions comprised of 1.7 million acres in the prolific Abu Gharadig Basin. Mr. Plank retired from his position as President and Chief Corporationrationrate Officer of Apache Corporation in February 2014 after serving 32 years with the company. He began his career at Apache in 1982 and moved throughout the organization to take on a number of leadership positions in charge of Planning and Corporationrationrate Development, Investor Relations and Corporationrationrate Communications. Mr. Plank served as Vice President and Chief Financial Officer from July 1997 to May 2000 and Executive Vice President and Chief Financial Officer from May 2000 to February 2009 when he became President and Principal Financial Officer. He was appointed President and Chief Corporationrationrate Officer in February 2011 and served in that role until his retirement in February 2014. He is served as Chief Financial Officer, Principal Financial Officer and President and Chief Corporationrationrate Officer at Apache named among Institutional Investor Magazines best energy CFOs in America in 2004 and 2007 determined by the Board to be an audit committee financial expert, as defined by the SEC. since 2015.
Age 60
Tenure 9 years
Phone(44) 1223 627222
Webwww.levrett.com
Plank served as Vice President and Chief Financial Officer from July 1997 to May 2000 and Executive Vice President and Chief Financial Officer from May 2000 to February 2009. He was appointed President in February 2009, also serving as Principal Financial Officer from February 2009 to November 2010, and then appointed President and Chief Corporationrationrationrate Officer in February 2011 and served in that role until his retirement in February 2014. B.A. in Liberal Arts from Colgate University in New York and an M.B.A. from the University of St. Thomas in Minnesota

Newfield Exploration Management Efficiency

Newfield Exploration's management efficiency ratios could be used to measure how well Newfield Exploration manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 2.44 B in debt with debt to equity (D/E) ratio of 130.2, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Newfield Exploration has a current ratio of 0.71, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Newfield Exploration until it has trouble settling it off, either with new capital or with free cash flow. So, Newfield Exploration's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Newfield Exploration sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Newfield to invest in growth at high rates of return. When we think about Newfield Exploration's use of debt, we should always consider it together with cash and equity.

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Newfield Exploration Company, an independent energy company, engages in the exploration, development, and production of crude oil, natural gas, and natural gas liquids in the United States. The company was founded in 1988 and is headquartered in The Woodlands, Texas. Newfield Exploration operates under Oil Gas EP classification in USA and is traded on BATS Exchange. It employs 1010 people. Newfield Exploration (NFX) is traded on New York Stock Exchange in USA and employs 1,010 people.

Management Performance

Newfield Exploration Leadership Team

Elected by the shareholders, the Newfield Exploration's board of directors comprises two types of representatives: Newfield Exploration inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Newfield. The board's role is to monitor Newfield Exploration's management team and ensure that shareholders' interests are well served. Newfield Exploration's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Newfield Exploration's outside directors are responsible for providing unbiased perspectives on the board's policies.
Lee Boothby, Chairman, CEO and Pres
James Wells, Independent Director
Thomas Ricks, Independent Director
Charles Shultz, Independent Director
John Jasek, Sr. VP of Operations
Matthew Vezza, Vice President - Rocky Mountains
George Dunn, Sr. VP of Devel.
Valerie Mitchell, Vice President - Mid Continent
Roger Plank, Independent Director
Steven Nance, Independent Director
Terry Strange, Independent Director
Stephen Campbell, Vice President - Investor Relations
Edgar Giesinger, Independent Director
John Marziotti, General Counsel, Corporate Secretary
Juanita Romans, Independent Director
Timothy Yang, General Counsel, Corporate Secretary
George Fairchild, Chief Accounting Officer, Assistant Corporate Secretary
John Schanck, Independent Director
Pamela Gardner, Independent Director
Gary Packer, COO and Executive VP
John Ford, Regional Vice President
Lawrence Massaro, CFO and Executive VP

Newfield Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Newfield Exploration a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Newfield Exploration in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Newfield Exploration's short interest history, or implied volatility extrapolated from Newfield Exploration options trading.

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Note that the Newfield Exploration information on this page should be used as a complementary analysis to other Newfield Exploration's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Other Consideration for investing in Newfield Stock

If you are still planning to invest in Newfield Exploration check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Newfield Exploration's history and understand the potential risks before investing.
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