12:09 PM EST - Nexen Inc. : announced that its fourth-quarter net income attributable to the company was $259 million or $0.49 per share, compared to a loss of $181 million or $0.35 per share in the year-ago quarter. Revenues and Other Income for the quarter were $1.82 billion, up from $1.70 billion in the year ago quarter. In 2010, the company expects its annual production to grow approximately 4% to 6%, assuming the midpoint of its guidance, and range from 230,000 to 280,000 boe/d. Nexen Inc.
shares T.NXY are trading up $0.33 at $23.44.
