In today’s edition, Paul and Matt discuss Newfield Exploration, a company that boasts a balanced production mix that was 49% liquids in the second quarter, with most of that coming from oil. The strong liquids production accounts for almost all of its cash flow, despite being only half of its production volume.

In the coming years, the liquids production should only grow stronger, as it invests in its strong portfolio of assets that includes the Eagle Ford shale, the Williston Basin, the Uinta Basin, the Cana Woodford, and offshore Malaysia and China. Watch the video for the full details on why Newfield looks like a bargain today.

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This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.