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Nexen Inc. · Calgary, AB Canada ·(NYSE: NXY)(Toronto: NXY)

Company Description

801 7th Ave. SW
Calgary, AB
T2P 3-P7
Canada (Map)
Phone: +1-403-699-4000
Fax: +1-403-699-5800
Rankings
  • TSX 60
View Nexen Inc. Locations On A US MapThis link will open in a new window
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 (which account for 41% of Nexen's total annual production), the US Gulf of Mexico, western Canada (including unconventional natural gas resource plays such as coalbed methane and shale gas, and the Athabasca oil sands of Alberta), Yemen, offshore West Africa and Colombia. The company has proved reserves of 664 million barrels of oil equivalent. Nexen is also involved in power marketing in North America, Europe, and Southeast Asia. To read the full description, subscribe now.
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Key Nexen Inc. Financials

Company TypePublic - NYSE: NXY - Toronto: NXY

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$6,736.2
Employees4,254

Nexen Inc. Executives

27 executives listed for Nexen Inc.'s Calgary, AB location.
TitleName & BioContact
ChairmanFrancis SavilleNetwork
President, CEO, and DirectorMarvin RomanowNetwork
SVP and CFOKevin ReinhartNetwork

Competition

Competitive Landscape for Nexen Inc.
Demand is driven by the health of the US economy because chemicals are used to make a wide variety of industrial and consumer products. The profitability of individual companies is closely tied to efficient operations. Big companies have large economies of scale in production. Small companies can compete effectively by producing specialty products, of which there are a large number, or by operating a single plant highly efficiently. The industry is capital-intensive: average annual revenue per employee is more than $500,000. To read the full description, subscribe now.
Top Nexen Inc. Competitors
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