| Address:
|
801-7TH AVENUE SW
|
| City: |
CALGARY ALBERTA CANA |
|
State: |
|
|
Zip Code: |
T2P 3P7 |
| Telephone: |
403-699-4000 |
|
Description of Business
|
Primary SIC Code:
1311 |
| (As filed with the SEC)
|
|
|
Nexen Inc. (Nexen, we or our) is an independent, Canadian-based, global energy
company. We were formed in Canada in 1971 as Canadian Occidental Petroleum Ltd.
when Occidental Petroleum Corporation combined their Canadian crude oil, natural
gas, sulphur and chemical operations into one company.
In the 1970s, we broadened our western Canadian asset base and entered the US
Gulf of Mexico. In the 1980s, we grew our western Canadian and Gulf of Mexico
assets through acquisitions and captured an interest in Syncrude. In the 1990s,
we had two defining events-first, we discovered the first of 17 fields at Masila
in Yemen in 1990 and commenced production in 1993. Second, we tripled our
Canadian production in 1997 by purchasing Wascana Energy Inc. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | 1.10 | 0.048 | 14.08 | | 06/2011 | 1.28 | 0.052 | 17.58 | | 03/2011 | 0.71 | 0.052 | 35.10 | | 12/2010 | 1.08 | 0.050 | 21.20 | | 09/2010 | 1.10 | 0.049 | 18.27 | | 06/2010 | 1.38 | 0.047 | 14.25 | | 03/2010 | 1.08 | 0.050 | 22.88 | | 12/2009 | 0.96 | 0.048 | 24.93 |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | 1.08 | Total Liab/Total Assets | 0.60 | | Net Inc/Total Assets | 0.05 | Total Liab/Inv Cap | 0.71 | | Net Inc/Inv Cap | 0.06 | Total Liab/Comm Equity | 11.88 | | Pretax Inc/Net Sales | 0.19 | Interest Coverage Ratio | 4.63 | | Net Inc/Net Sales | 0.21 | Curr Debt/Equity | NA | | Cash Flow/Net Sales | 0.40 | LTD/Equity | 0.58 | | SG&A/NetSales | 0.08 | Total Debt/Equity | 0.58 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 2.54 | Quick Ratio | 1.21 | | Inventory Turnover | 3.21 | Current Ratio | 1.38 | | Inventory Day Sales | 0.01 | Net Rec/Curr Assets | 0.44 | | Net Sales/Work Cap | 4.74 | Inv/Curr Assets | 0.12 | | Net Sales/PP&E | 0.38 | | |
Income Statement (Millions) |
| |
12/31/2010
|
9/30/2010
|
6/30/2010
|
3/31/2010
|
|
Total Revenues(Net Sales)
|
1,243.00
|
1,659.00
|
1,279.00
|
1,682.00
|
|
Cost of Goods Sold
|
213.00
|
630.00
|
471.00
|
618.00
|
|
Selling & Admin Exps
|
126.00
|
143.00
|
49.00
|
124.00
|
|
Operating Income
|
334.00
|
300.00
|
387.00
|
465.00
|
|
Interest Exp
|
74.00
|
90.00
|
69.00
|
79.00
|
|
Pretax Income
|
398.00
|
31.00
|
318.00
|
386.00
|
|
Other Income
|
138.00
|
-179.00
|
NA
|
NA
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
228.00
|
563.00
|
203.00
|
211.00
|
|
Assets
|
12/31/2010
|
9/30/2010
|
6/30/2010
|
3/31/2010
|
|
Cash & Short Term Investments
|
1,052.00
|
1,245.00
|
1,019.00
|
2,144.00
|
|
Receivables - Total
|
1,950.00
|
2,305.00
|
2,517.00
|
2,597.00
|
|
Inventories - Total
|
553.00
|
544.00
|
584.00
|
547.00
|
|
Total Current Assets
|
4,450.00
|
4,236.00
|
4,221.00
|
5,389.00
|
|
Net Property, Plant & Equipment
|
15,346.00
|
15,835.00
|
15,111.00
|
15,112.00
|
|
Total Assets
|
22,047.00
|
22,231.00
|
21,188.00
|
22,370.00
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
2,671.00
|
3,047.00
|
3,026.00
|
3,241.00
|
|
Debt in Current Liabilities
|
NA
|
NA
|
149.00
|
NA
|
|
Total Current Liabilities
|
3,214.00
|
3,047.00
|
3,175.00
|
3,241.00
|
|
Long-Term Debt
|
5,111.00
|
5,678.00
|
5,913.00
|
6,953.00
|
|
Total Liabilities
|
13,284.00
|
13,709.00
|
13,651.00
|
14,919.00
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
85.00
|
84.00
|
67.00
|
70.00
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
1,118.00
|
1,097.00
|
1,024.00
|
1,061.00
|
|
Retained Earnings
|
7,865.00
|
7,621.00
|
6,691.00
|
6,666.00
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
8,763.00
|
8,522.00
|
7,537.00
|
7,451.00
|
|
Total Liabilities and Stockholders' Equity
|
22,047.00
|
22,231.00
|
21,188.00
|
22,370.00
|
Cash Flow Summary (Millions) |
|
Categories
|
12/31/2010
|
9/30/2010
|
6/30/2010
|
3/31/2010
|
|
Net Cash Provided by Operating Activities
|
388.00
|
745.00
|
444.00
|
787.00
|
|
Net Cash Provided by Investing Activities
|
-514.00
|
143.00
|
-625.00
|
-435.00
|
|
Net Cash Provided by Financing Activities
|
-38.00
|
-640.00
|
-855.00
|
17.00
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 4,621.73 | 515.72 | 0.96 | | 12/2007 | 6,647.51 | 1,031.63 | 2.03 | | 12/2008 | 6,726.43 | 1,394.38 | 2.60 | | 12/2009 | 4,829.00 | 511.00 | 0.96 | | 12/2010 | 5,863.00 | 1,205.00 | 1.08 | | Growth Rates | 6.13 | 23.64 | 2.99 |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 264 | 401,937 | 76.14 |
|
Report Date :
2/6/2012
Copyright
2012, EDGAR Online, Inc. All
rights reserved. Replication or redistribution of EDGAR Online, Inc. content is
expressly prohibited without the prior written consent of EDGAR Online, Inc.
EDGAR Online, Inc. shall not be liable for any errors or delays in the content,
or for any actions taken in reliance thereon.
|
|
|