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Industry Center - Oil & Gas Drilling & Exploration
Industry Center > Oil & Gas Drilling & Exploration > Nexen Inc. Company Profile
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Nexen Inc. Company Profile
Nexen, formerly Canadian Occidental Petroleum (CanadianOxy), is a globe-trotting oil and gas and chemicals company. It has exploration and production activities primarily in the UK North Sea, US Gulf of Mexico, western Canada, Yemen, offshore West Africa and Colombia. The company has proved reserves of 734 million barrels of oil equivalent. Nexen is also involved in power marketing in North America, Europe, and Southeast Asia. One of Nexen's chief assets is a 52% stake in the Masila oil fields in Yemen, which is that country's largest oil project.
Headlines for Nexen Inc.
Nexen Enters Into Automatic Share Repurchase Plan
Marketwire - Wed 1:53 am ET
Interest Payable on Nexen's 7.35% Subordinated Notes
Marketwire - Fri Oct 3
Nexen Provides Long Lake Project Update
Marketwire - Thu Oct 2
Nexen Provides Hurricane Ike Update
Marketwire - Tue Sep 23
More Headlines...
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Contact Information
Address: 801 7th Ave. SW
Calgary, Alberta T2P 3P7, Canada
Phone:403-699-4000
Fax:403-699-5800
Financial Highlights
Fiscal Year End:December
Revenue (2007):6647.50 M
Revenue Growth (1 yr):43.80%
Employees (2006):3,687
Employee Growth (1 yr):12.30%
Key People
Chairman: Francis M. Saville
President and CEO: Charles W. (Charlie) Fischer
EVP and CFO: Marvin F. Romanow
Industry Information
Sector: Basic Materials
Industry: Oil & Gas Drilling & Exploration
Top Competitors
BP p.l.c. (bp)
Exxon Mobil Corporation (xom)
Petro-Canada (pcz)
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