NEXEN Inc. 401k Plan PSDS Scan 12-31-2009

The NEXEN plan has improved a bit year over year but the Balanced portfolio is still a lifeboat portfolio with the 2 largest holdings being the stable value fund SVF.hpx in the scan and the money market fund FDRXX in the scan. That portfolio also has 4.3% invested in company stock NXY which is very volatile as most oil and gas company stocks usually are. The SEC 11-k report has no infomation on the employee asset allocation and a Uniform portfolio is shown in the 2D scan chart.