Nexen Inc

NXY-T

0.00
0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about NXY-T

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
December 5, 2013

(A Top Pick Oct 25/12. Up 19.61% as at Feb 28/13 when it was taken over.) Had bought this when the deal was brought into question by the government and he had felt very strongly that it was not a national asset and the government would give approval.

Nexen Inc (NXY-T)
December 5, 2013

(A Top Pick Oct 25/12. Up 19.61% as at Feb 28/13 when it was taken over.) Had bought this when the deal was brought into question by the government and he had felt very strongly that it was not a national asset and the government would give approval.

John O'Connell, CFA
Chairman and CEO, Davis Rea
Price
$28.190
Owned
No
PAST TOP PICK
PAST TOP PICK
December 2, 2013

(A Top Pick Nov 1/12. Up 16.7%.) Acquisition got approved and that was a big win for his investors.

Nexen Inc (NXY-T)
December 2, 2013

(A Top Pick Nov 1/12. Up 16.7%.) Acquisition got approved and that was a big win for his investors.

Jim Huang
President, T.I.P. Wealth Management
Price
$28.190
Owned
No
PAST TOP PICK
PAST TOP PICK
October 8, 2013

(A Top Pick Oct 25/12. Up 19.61%.) Acquired.

Nexen Inc (NXY-T)
October 8, 2013

(A Top Pick Oct 25/12. Up 19.61%.) Acquired.

John O'Connell, CFA
Chairman and CEO, Davis Rea
Price
$28.190
Owned
No
HOLD
HOLD
December 21, 2012

Application for a takeover by the Chinese company CNOOC has been made. Price is not at the takeover price as there could always be something happening that would affect the deal. Not very likely in this case, but the Americans did not like the deal.

Nexen Inc (NXY-T)
December 21, 2012

Application for a takeover by the Chinese company CNOOC has been made. Price is not at the takeover price as there could always be something happening that would affect the deal. Not very likely in this case, but the Americans did not like the deal.

Michael Sprung
President, Sprung Investment Management
Price
$26.540
Owned
Unknown
COMMENT
COMMENT
December 7, 2012

CNOOC deal was approved by the government. Feels that for the net benefit of Canada, despite having become such a political issue, it was absolutely the right decision. The amount of capital requirement for oil Sands, tight oil and feedstock for West Coast LNG is absolutely humongous so we need companies like this to come in. There are some concerns that we need to pay special attention to but it was an absolutely great and proper decision for the oil patch.

Nexen Inc (NXY-T)
December 7, 2012

CNOOC deal was approved by the government. Feels that for the net benefit of Canada, despite having become such a political issue, it was absolutely the right decision. The amount of capital requirement for oil Sands, tight oil and feedstock for West Coast LNG is absolutely humongous so we need companies like this to come in. There are some concerns that we need to pay special attention to but it was an absolutely great and proper decision for the oil patch.

Eric Nuttall
Partner & Senior Portfolio Manager, Ninepoint Partners
Price
$23.290
Owned
Unknown
HOLD
HOLD
December 6, 2012

Still a big spread on offer vs. actual price. Deadline is Monday. He thinks it will go through and that the spread is perhaps large. Risk arbitrage is for professionals but he stays out of that game.

Nexen Inc (NXY-T)
December 6, 2012

Still a big spread on offer vs. actual price. Deadline is Monday. He thinks it will go through and that the spread is perhaps large. Risk arbitrage is for professionals but he stays out of that game.

Don Lato
President, Padlock Investment Management
Price
$24.870
Owned
Unknown
TOP PICK
TOP PICK
November 1, 2012

This is his Special Situation pick as he didn’t buy because higher production growth or lower costs. It’s more a bet on that the deal will go through. Has recently been hurt by the rejection by the Canadian government of a takeover. Only 30% of its production is in Canada so it is not strategic to the country. It might drag out a little bit. Thinks the review will be extended.

Nexen Inc (NXY-T)
November 1, 2012

This is his Special Situation pick as he didn’t buy because higher production growth or lower costs. It’s more a bet on that the deal will go through. Has recently been hurt by the rejection by the Canadian government of a takeover. Only 30% of its production is in Canada so it is not strategic to the country. It might drag out a little bit. Thinks the review will be extended.

Jim Huang
President, T.I.P. Wealth Management
Price
$24.230
Owned
Yes
COMMENT
COMMENT
October 26, 2012

At this level you have about $3.50 upside or $3 downside if the deal doesn’t go through. Very tough call. Would probably be aggressively buying it today if it was around $14. He probably would be more biased to the upside that the deal goes through but as each week goes on will be getting more information and better decisions can be made.

Nexen Inc (NXY-T)
October 26, 2012

At this level you have about $3.50 upside or $3 downside if the deal doesn’t go through. Very tough call. Would probably be aggressively buying it today if it was around $14. He probably would be more biased to the upside that the deal goes through but as each week goes on will be getting more information and better decisions can be made.

Robert Lauzon
Deputy Chief Investment Officer, Middlefield Capital Corporation
Price
$23.270
Owned
Unknown
TOP PICK
TOP PICK
October 25, 2012

This is reasonably risky. Expects deal will be consummated.

Nexen Inc (NXY-T)
October 25, 2012

This is reasonably risky. Expects deal will be consummated.

John O'Connell, CFA
Chairman and CEO, Davis Rea
Price
$23.700
Owned
Yes
TOP PICK
TOP PICK
October 16, 2012

Chinese are looking to acquire this and he thinks it is a reasonably high risk treasury bill. Has an annualized return of about 30% from where he bought it. It gives him US$’s which is what he wants to have in December in order to buy US equities. Doesn’t think the government is going to turn the deal down. 25% of their assets are in Canada and everything else is international.

Nexen Inc (NXY-T)
October 16, 2012

Chinese are looking to acquire this and he thinks it is a reasonably high risk treasury bill. Has an annualized return of about 30% from where he bought it. It gives him US$’s which is what he wants to have in December in order to buy US equities. Doesn’t think the government is going to turn the deal down. 25% of their assets are in Canada and everything else is international.

John O'Connell, CFA
Chairman and CEO, Davis Rea
Price
$25.510
Owned
Yes
SELL
SELL
August 28, 2012

CNOOC is making an offer to acquire at $27.50. If you own, he would sell this and move your money into one of his Top Picks tonight.

Nexen Inc (NXY-T)
August 28, 2012

CNOOC is making an offer to acquire at $27.50. If you own, he would sell this and move your money into one of his Top Picks tonight.

Peter Brieger
Chairman & Chief Executive Officer, GlobeInvestment Capital Management
Price
$25.110
Owned
Unknown
DON'T BUY
DON'T BUY
August 24, 2012

Confident deal will get done. NXY has really under performed and has not had assets that have been managed very well. Went up markedly on the news of the joint venture. You will not see much out of it for the foreseeable future.

Nexen Inc (NXY-T)
August 24, 2012

Confident deal will get done. NXY has really under performed and has not had assets that have been managed very well. Went up markedly on the news of the joint venture. You will not see much out of it for the foreseeable future.

Chyanne Fickes
Vice President of Investments, Stone Funds
Price
$25.450
Owned
Unknown
BUY
BUY
August 3, 2012

(Market Call Minute) $2 in it. Thinks deal will go through.

Nexen Inc (NXY-T)
August 3, 2012

(Market Call Minute) $2 in it. Thinks deal will go through.

Michael Giordano
VP Investments & Portfolio Manager,
Price
$25.650
Owned
No
WATCH
WATCH
May 28, 2012
Owned in the past. Had two better quarters in a row. Wait another couple of quarters of just assuring people that new management has it right. He may take a look at it again.
Nexen Inc (NXY-T)
May 28, 2012
Owned in the past. Had two better quarters in a row. Wait another couple of quarters of just assuring people that new management has it right. He may take a look at it again.
Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$16.760
Owned
No
DON'T BUY
DON'T BUY
April 5, 2012
Have had problems because on Long Lake. Yemen is over as well. Very cheap on the metrics but outside of the new project that just came on in offshore Nigeria, there is really no sexy sizzle to this story. Cheap but can always stay cheap.
Nexen Inc (NXY-T)
April 5, 2012
Have had problems because on Long Lake. Yemen is over as well. Very cheap on the metrics but outside of the new project that just came on in offshore Nigeria, there is really no sexy sizzle to this story. Cheap but can always stay cheap.
Josef Schachter
President, Schachter Asset Management
Price
$17.670
Owned
No
Showing 1 to 15 of 294 entries