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

undervalued

Nustar Energy is riding the natural gas bubble at the moment, but should continue as long as the oil crisis persists. NXY yields 7.5% with a target of 64 by December. I believe it will exceed this as the cold weather arrives and EPS is estimated to increase through 09 by 11%

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Canada provides more oil to the U.S. than any individual Middle Eastern nation. I checked the historical chart and for the most part the stock has been a solid, if not slow-growth stock. Recent oil price hikes have anything from oil refineries to teenager's faces at screaming-high prices these days. This company's stock however seems to move on more realistic information, which leads me to believe the last four months worth of outperformance are real, and its growth potential is promising. Crossing my fingers on the energy market.

Great Canadian oil and gas play- Canada is rich in these resources- just can't go wrong here as long as oil/gas costs keep rising.

New discoveries in Northern British Columbia. A long term hold. $80 wihin 2 years!

The fundamentals of NXY will eventually lead their stock to break out of the slowly ascending price-channel it has been stock in.

A Canadian E & P company, with operations in Canada, North Sea, and Middle East. There is also an oil sands facility ready for production.

Rumors of a takeover have circulated for years.

The Canadian company has operations in oil and gas, alternative fuels and chemicals. Its oil and gas operations are in the North Sea, Yemen, the Gulf Mexico, Indonesia, Colombia and elsewhere. Its is also involved in the Athabasca oil sands development in western Canada, where it extracts crude oil bitumen and upgrades it into synthetic crude oil.

A soon-to-be-producing oil-sands project in Alberta and its 43%-owned Buzzard oil field in the North Sea, which began producing last year, are cited by some analysts as reasons Nexen will continue to expand production and possibly be a takeover target from a major oil company looking for the easiest way to replenish its reserves.

natural gas, natural gas liquids, ethanol and power marketing business in North America, Europe and Asia. Chemicals includes operations in North America and Brazil that manufacture, market and distribute sodium chlorate, caustic soda and chlorine through the Canexus Limited Partnership.

quotedfrom the company profile on moneycentral.

But I LIKE IT A LOT that it has these additional premiums on top of OIL, these pay for the costs involved in the oil production

I'm bullish on NXY as a North american oil source, I don't see oil prices rescinding below 90 in the next 6 months to a year, and this stock doesn't have as much volatility due to the mid east

It was a misstake.

2008 shows to be a proven winner for Nexen. The only exception might there higher tax burden.

Source: Morningstar,

"Although it's somewhat smaller than the other three senior independents (CNQ,ECA,TLM) Nexen is no lightweight. Nexen is the oiliest of the bunch, with key crude areas in the North Sea, Yemen, the Gulf of Mexico, and Canada. The Buzzard field in the U.K. has been the driver of production growth in 2007. Buzzard offers high cash-flow netbacks because of its quality light oil and low operating costs, though it is subject to a higher U.K. tax burden. Buzzard will be followed in 2008 by first oil from the Ettrick field and the ramping up of the Long Lake oil sands project in western Canada. Nexen has a 50% interest in Long Lake, a project that will use gasification to help keep down the oil sands' notoriously high operating costs."

Nexen is a solid medium-sized independent. They have a good global asset mix. After a previous split their stock doubled and split again. It is not unreasonable assumption that if the energy industry continues to do well then in 2 to 3 years, the stock could double in value again.

one of the best run oil company in the world

Nexen Inc. (Nexen) is an independent, Canadia-based, global energy company. Nexen operates in four segments: oil and gas, Syncrude, energy marketing and chemicals. Syncrude is Nexen�s 7.23% interest in the Syncrude Joint Venture. Energy marketing includes its crude oil, natural gas, natural gas liquids, ethanol and power marketing business in North America, Europe and southeast Asia. Chemicals includes operations in North America and Brazil that manufacture, market and distribute sodium chlorate, caustic soda and chlorine through the Canexus Limited Partnership. During the year ended December 31, 2006, Nexen acquired an 80% working interest at a coalbed methane (CBM) opportunity in the United Kingdom. In 2006, it acquired a European gas and power marketing business that focuses on United Kingdom gas and power, as well as German power.

Oil Production gain of 50% is in the cards for 2007, which is not yet reflected in the share price. May not move real fast, but I expect a 50%+ gain in 2007 from my buy price of $54. Risk level is LOW.

Bet on oil sucka

Probably one of the best run oil company in the world