Nexen, Inc. (USA)

  • Checking in on This Ex-Lehman Hedge Fund’s Favorite Equities

    By Meena Krishnamsetty - April 25, 2013 | Tickers: GM, NXY, SNY, TWTC, WAG

    Managed by the former head of Global Trading Strategies for Lehman Brothers, Realm Partners was started in 2009 by Robert Millard with $650 million. Before leaving Lehman as managing director in 2007, a year before Lehman filed for bankruptcy, Millard was given the highest pay package at the firm with $51.3 million, versus the $40 million paid to CEO Dick Fuld. Unfortunately, more than half of that was awarded more »

  • Hmm….This Bostonian Hedge Fund Is Bullish Alright

    By Meena Krishnamsetty - April 3, 2013 | Tickers: LAMR, NXY, SLM, TEVA, WAIR

    Abrams Capital Management is one of the largest hedge funds in Boston. The fund is run by David Abrams, and has a $5 million minimum requirement. Currently valued as an equity portfolio alone worth $1.1 billion, Abrams’ investment vehicle primarily invests in financial, services and basic materials stocks and tends to favor securities that are undervalued. In accordance with our market-beating strategy, we’re going to take a look more »

  • High-Performing Hedge Fund Loves AIG, Ads and Energy

    By Meena Krishnamsetty - March 19, 2013 | Tickers: AIG, ESRX, LAMR, NXY, NRG

    By definition, hedge funds are often thought of as being a tool for high net-worth investors only, but there are ways for their retail-focused peers to get in on the action. At Insider Monkey, we track 450 of the world’s most elite hedge fund managers and our research has shown that over time, their best picks have had a tendency to historically outperform. For more than a decade in more »

  • Southeast Asia Will Drive Oil Politics

    By Peter Pham - March 9, 2013 | Tickers: CHK, CEO, COP, XOM, NXY, PSX, RDS-A

    As we stand at the edge of the fiscal cliff we also stand at the edge of another fundamental change in world politics and economics.  The U.S. is becoming an oil producing giant.  We’ve heard a lot about this recently-- the ‘shale-gas’ boom and the coming ‘shale-oil’ boom which will turn the U.S. into Saudi Arabia and dispel the chimaera of energy independence and make it a more »

  • Four Chinese Dividend Picks From The Matthews Funds

    By Reuben Brewer - February 26, 2013 | Tickers: CHK, CMGE, SNP, CEO, NXY, TSM

    The Matthews family of Funds specializes on investing in Asia. A new report out from portfolio manager Yu Zhang stresses the benefits of a dividend focus in China and the changes in the market that make it easier now than ever before to be a dividend investor in that country. Four stocks in Matthews China Dividend Fund's concentrated portfolio are easy for U.S. investors to get their hands more »

  • Chinese Companies Looking For Energy

    By Reuben Brewer - February 21, 2013 | Tickers: CVX, SNP, CEO, XOM, NXY, PTR

    CNOOC (NYSE: CEO) has been granted U.S. approval for its purchase of Nexen (NYSE: NXY), a Canadian energy company. This is a big deal, not because of the ultimate price tag, but because it gives China a notable position in the Canadian Oil Sands region. Although Canada is looking to put limits on similar purchases, China will likely continue to aggressively buy oil and natural gas assets. It has more »

  • Billionaire John Paulson’s Stock Picks for 2013

    By Meena Krishnamsetty - February 18, 2013 | Tickers: DLPH, NXY, PXP, S, TMUS

    It’s often thought that 13F filings aren’t of use to investors, since they are released six to seven weeks after the end of a quarter. However, we think that there are a couple of different uses for this information. First, by pooling 13Fs it is possible to develop investment strategies that beat the market; for example, we have found that the most popular small cap stocks among hedge more »

  • $4 Billion Hedge Fund Pine River Capital’s Top Stock Picks

    By Meena Krishnamsetty - February 15, 2013 | Tickers: AIG, NLY, CYS, NXY, OCN

    We have been keeping track of 13F filings from hedge funds and other notable investors for the fourth quarter of 2012, which are due this week. 13Fs disclose many of these funds’ long equity positions in U.S. stocks as of the end of the quarter. We compile these holdings in our database and work to develop investment strategies based on the raw data; the most popular small cap stocks more »

  • Talisman Energy, a Charm for 2013?

    By Christopher Lacich - December 15, 2012 | Tickers: BP, CEO, NXY, TLM

    Talisman Energy (NYSE: TLM), formerly known as BP Canada, Ltd. has had a long, if not obscure history. It went public in 1992 when British Petroleum (NYSE: BP) sold 57% of its interest in the company to the public. Going back further, its origins can be traced to the Supertest Petroleum Company founded in Canada in 1923.

    Based in Calgary, Alberta, Canada, Talisman Energy is now one of Canada's more »

  • Investing in Canada's Oil Sands

    By Joshua Bondy - December 4, 2012 | Tickers: IMO, NXY, SU

    The Canadian oil sands are a controversial topic given the desire for North American Energy security and the need for environmentally friendly methods to meet such goals. Recent industry publications predict flat or lower oil sands capex in 2013 given resource and pipeline constraints. As The Economist recently noted there are serious financial and capital constraints in the oil sands.

    Canada is a highly developed nation, but its small population more »

  • What Has Famed Hedge Fund Manager Louis Bacon Been Buying?

    By Meena Krishnamsetty - December 3, 2012 | Tickers: AGO, DG, MPEL, NXY, NWSA

    Billionaire Louis Bacon is the founder of Moore Capital Management and manages more than $15 billion in assets. Bacon received an MBA from Columbia and worked on the New York Cotton Exchange as a runner before starting Moore Capital in 1989. Bacon's flagship fund Moore Global Investments has returned 31% annually since its inception in 1990 and was up 26% last year. Here are Louis Bacon's top stock more »

  • Billionaire James Dinan’s New Stock Picks

    By Meena Krishnamsetty - November 30, 2012 | Tickers: GGP, NXY, TMUS, DNB, YHOO

    James Dinan founded York Capital in 1991 and now has a net worth estimated at $1.4 billion. In November the fund filed its 13F for the third quarter of 2012, disclosing many of its long equity positions as of the end of September (see the full list of stocks form the 13F). This is the most complete information that market watchers get about hedge fund moves, though it comes more »

  • Billionaire Thomas Steyer’s New Stock Picks

    By Meena Krishnamsetty - November 29, 2012 | Tickers: CHKP, CBE, MCO, NXY, SHAW.DL

    Billionaire Thomas Steyer serves as a managing member of Farallon Capital Management, one of the largest hedge funds in the world. Farallon’s fundamental analysis encompasses strategies including pure value, merger arbitrage, and event-driven investments. The fund recently filed its 13F for the third quarter of the year, and by comparing this filing to its second quarter filing, we can see which stocks Steyer and his team added to their more »

  • Billionaire Dan Loeb’s New Stock Picks

    By Meena Krishnamsetty - November 29, 2012 | Tickers: KRFT, MUR, NXY, SYMC, WCC

    Dan Loeb’s Third Point has over $4 billion in assets under management, as Loeb’s mix of activism- often quite hostile to current management, as was recently the case at Yahoo- and value investing has driven good returns for the fund and satisfied investors. By comparing the 13F filed for the end of September with the one filed for the end of June, we can see some of the more »

  • Billionaire John Paulson’s New Stock Picks

    By Meena Krishnamsetty - November 29, 2012 | Tickers: AGP, GRFS, NXY, SHPG, TMUS

    It’s been a tough few years for John Paulson’s Paulson & Co. After remarkable success shorting the housing bubble and, later, going long gold, his fund has struggled and is well down from its high water mark. Paulson is still a billionaire, however, and frequently followed by market watchers. His fund filed its 13F with the SEC in mid November, and we have compared it with previous filings to more »

  • Billionaire Steyer’s Farallon Is Selling Apple and Google

    By Meena Krishnamsetty - November 15, 2012 | Tickers: AAPL, GOOG, NXY, PCLN, V

    Farallon Capital Management, which is managed by billionaire Thomas Steyer and his team, engages in just about any investment strategy dependent on fundamental analysis: pure value, event driven, merger arbitrage, and so on. It had over $21 billion under management at the end of 2011, making it one of the largest hedge funds in the world. A portion of this capital is represented by the long equity positions reported on more »

  • Taconic Capital’s Latest Top Stock Picks

    By Meena Krishnamsetty - November 13, 2012 | Tickers: BP, CIT, GM, NXY, WPX

    Six to seven weeks after the end of every fiscal quarter, hedge funds and many other notable investors are required to file 13Fs that disclose many of their long equity positions. Taconic Capital, a hedge fund with about $9 billion under management, recently filed its own filing for the third quarter of 2012 and we have gone through its five largest reported positions by market value. Investors may not want more »

  • Are Canadians’ Heads in the (Oil) Sands?

    By Meena Krishnamsetty - November 9, 2012 | Tickers: CEO, NXY

    The Canadian government’s rejection of Malaysian state-oil company Petronas’ $5.9 billion bid for Progress Energy Resources a Calgary-based natural gas company, cast fresh doubt on future acquisitions of Canadian natural resource assets by foreign companies. News of the rejection caused shares of PRQ to plummet 9% and sent jitters through the resource-heavy Toronto Stock Exchange. Shares in Nexen (NYSE: NXY), the target of a highly controversial proposed $15 more »

  • Catalyst on the Horizon?

    By Christopher Lacich - November 1, 2012 | Tickers: CEO, NXY

    As of October 28, shareholders of Nexen (NYSE: NXY) anxiously await the Canadian government's decision as to whether to allow the Chinese National Oil Company (NYSE: CEO) to complete its takeover of Nexen at $27.50 (U.S.) per share. This government approval will be the catalyst to unlock the approximate $3.60 in capital gains that awaits the brave holder of Nexen shares in the interim. 

    For some more »

  • Will The Last Canadian Oil and Gas Company Turn Out The Lights?

    By Eric Fox - October 22, 2012 | Tickers: CEO, DNR, ECA, XOM, NXY

    ExxonMobil (NYSE: XOM) announced the purchase of a small cap Canadian exploration and production company as the oil giant looks to increase exposure to various shale plays in western Canada.  This deal underscores the renewed interest in oil and gas development in North America by the major integrated oil companies.

    The Deal

    ExxonMobil is offering $24.50 CAD per share for Celtic Exploration, which is headquartered in Calgary and more »

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