NEXEN Inc. 401k Plan PSDS Scan 12/31/2008

An interesting plan helped by company stock NXY and a good selection of mutual funds including a Schwab stable value fund repesented in the scan by SVF.hpx the Hueler pooled index. The Balanced portfolio has 2.1% of the money invested in company stock. It is a Canadian oil and gas company stock with a 5yr APR of 14.78% and a very high STD of 65.80% that is off the chart. The SEC 11-k report for the year ended 12/31/2008 had no data on employee asset allocation.