Nexen Inc. and Yahoo Finance: A Retrospective Look

Nexen Inc., once a prominent Canadian oil and gas company, is no longer a publicly traded entity, making direct inquiries about “Nexen stock Yahoo Finance” a path to outdated information. This is because Nexen was acquired by China National Offshore Oil Corporation (CNOOC) in 2013.

Before its acquisition, Nexen’s stock traded on both the Toronto Stock Exchange (TSX) and the New York Stock Exchange (NYSE) under the ticker symbol “NXY” (on both exchanges). Investors could track Nexen’s stock performance, analyze financial data, and follow company news using platforms like Yahoo Finance.

What Would You Have Found on Yahoo Finance?

If Nexen were still a publicly traded company, Yahoo Finance would offer a comprehensive overview of its stock. This would typically include:

• Real-Time Stock Quotes: The current price of Nexen’s stock (NXY) along with intraday price fluctuations.
• Historical Data: Charts and tables displaying Nexen’s stock price performance over various timeframes (daily, weekly, monthly, yearly).
• Financial Statements: Access to Nexen’s balance sheets, income statements, and cash flow statements, allowing investors to analyze the company’s financial health and performance.
• Analyst Ratings: Reports and recommendations from financial analysts covering Nexen, providing insights into their outlook on the stock’s future performance (e.g., buy, sell, hold ratings).
• News and Headlines: Articles, press releases, and other news related to Nexen, keeping investors informed about company developments, industry trends, and potential impacts on the stock price.
• Key Statistics: Important metrics such as earnings per share (EPS), price-to-earnings (P/E) ratio, dividend yield (if applicable), and market capitalization.
• Company Profile: Information about Nexen’s business operations, industry sector, and management team.

The Acquisition by CNOOC

CNOOC’s acquisition of Nexen was a significant event in the Canadian oil and gas industry. The deal was approved by the Canadian government after a thorough review, and it represented a major investment by a Chinese state-owned enterprise in Canada’s energy sector. Following the completion of the acquisition, Nexen was delisted from the TSX and NYSE. Therefore, searching for “Nexen stock Yahoo Finance” will likely direct you to historical data or articles about the acquisition rather than current stock information.

Finding Information About Nexen Today

While you can’t track Nexen’s stock on Yahoo Finance anymore, you can still find information about the company as a subsidiary of CNOOC. You might find news articles about CNOOC’s operations, including those related to Nexen’s assets. However, detailed financial information specific to Nexen is no longer publicly available in the same way it was when it was a publicly traded company. You can also visit CNOOC’s official website for company-related updates and information about their global operations.