Nexen, Inc. (USA) (NYSE:NXY)
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.
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Expect a 100% gain in the next 12 months.
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Look at price to cash flow. Good growth, large lease position in Gulf of Mexico. Good play on incresing oil price.
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bottom fishing
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At $16.00, this is a bargain. I will go with this.
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oversold
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A fantastic bargain.
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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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I don't know when this canadian oil and gas co. that is mostly in US and Canada will go up but I'm holding on as I figure in the long run all all and gas has only one way to go - up. It has had some really good numbers at times but somewhat uneven. It did good in most of recent history and had forecast to continue. It owns quite a bit of potentially producing property.
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good stock for oil play, huge growth ahead
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1/7/08: 1 year price target $ 44
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i like the value buy here. solid oil and gas play
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Still time to ride this. Low p/e still is always nice.
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so far looks good
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looks good but do not know much
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25.37% ROE, great margins with Massive revenue Growth Plus a great exploration portfolio.
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canslim screener
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undervalued
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