Nexen, Inc. (USA) (NYSE:NXY)

CAPS Rating: 2 out of 5

An independent, Canadian-based, global energy company formed by the combination of the Canadian crude oil, natural gas, sulphur and chemical operations of two subsidiaries of Occidental Petroleum Corporation.

Recs

1
Player Avatar EcklandCapital (27.68) Submitted: 8/18/2008 12:07:48 AM : Outperform Start Price: $27.61 NXY Score: -49.47

Will be huge winner when Long Lake project comes online and market starts to value all that light sweet crude production. Long Lake will produce at $10 bbl production cost for 50 years with no declines and very little capex.

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