Worth Watching Stocks: Newfield Exploration Co. (NYSE:NFX), SINA Corp (NASDAQ:SINA)

On Monday, shares of Newfield Exploration Co. (NYSE:NFX), included 4.36% and shut at $41.92 inside the end purchasing and offering session. The last exchanging scope of the stock ranges amongst $41.40 and $42.22. 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. Its principal areas of operation include the Anadarko and Arkoma basins of Oklahoma, the Williston Basin of North Dakota, the Uinta Basin of Utah, and the Maverick and Gulf Coast basins of Texas.

Shares of SINA Corp (NASDAQ:SINA), subtract -1.33% and shut at $67.29 inside the last exchanging session. The rest of the purchasing and offering scope of the stock levels among $66.87 and $70.45. The association’s commercial center capitalization is $4.79 Billion with the general uncommon loads of 70.88 million. SINA Corporation (the “Company” or “SINA”) (SINA), a leading online media company serving China and the global Chinese communities, recently declared its unaudited financial results for the third quarter ended September 30, 2016.

Third Quarter 2016 Highlights

Net revenues raised 21% year over year to $274.9 million. Non-GAAP net revenues raised 22% year over year to $272.3 million.

Advertising revenues grew 21% year over year to $233.6 million.

Income from operations raised 147% year over year to $36.3 million. Operating margin was 13%, up from 6% for the same period last year. Non-GAAP income from operations raised 99% year over year to $56.5 million. Non-GAAP operating margin was 21%, up from 13% for the same period last year.

Net income attributable to SINA was $146.5 million, or $1.90 diluted net income per share. Non-GAAP net income attributable to SINA was $43.7 million, or $0.56 diluted net income per share.

Weibo’s monthly active users (“MAUs”) in September 2016 grew 34% year over year to 297 million, 89% of which were mobile users. Average daily active users (“DAUs”) in September 2016 grew 32% year over year to 132 million.

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