July 16, 2009 (FinancialWire) — Nexen Inc. (TSX: NXY) reported that its second-quarter net income attributable to the company was $20 million or $0.04 per share, compared to $380 million or $0.70 per share in the same quarter of last year. Cash flow from operations for the quarter was $443 million or $0.85 per share, compared to $946 million or $1.78 per share in the year-ago quarter. Net sales for the quarter were $1.20 billion, compared to $2.07 billion in the prior-year quarter. Revenues and Other Income for the quarter declined to $1.28 billion, from $2.11 billion in the year-ago quarter. Nexen shares closed down $1.56  yesterday at $21.59.

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