TSX:HSE.PR.B - Post by User
Post by
balandaon Jul 22, 2016 11:16am
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Post# 25075837
Husky Energy Inc.says it made financial progress ?????
Husky Energy Inc.says it made financial progress ?????Husky Energy Inc. (TSX:HSE) says it made financial progress in the second quarter, but the positive news is being offset by a pipeline leak that has spilled thousands of litres of oil and other material into the North Saskatchewan River. Husky's second quarter included a $196 million loss, which was equal to 20 cents per share. Husky says asset sales that are nearing completion will allow it to reduce its debt to $4.5 billion from $7 billion, and put it in a stronger financial position. Really strong : less then 400K Bbl/day production and 4.5 billion in debts..plus all rights and midstream sold ...really really strong..