Add all ingredients into a heavy, medium-sized saucepan. Heat over medium high heat, stirring constantly. Mixture will foam initially, then subside and begin to toast. The entire cooking cycle should take between 4-6 minutes. Pecans and glaze should be very fragrant, but not to the point of burning.
Transfer the glazed nuts to the baking sheet and spread evenly into a single layer. Let cool completely. Nuts can be stored in a airtight container for several days.