TSX:HSE.PR.B - Post by User
Post by
jwallingfon Apr 15, 2019 2:01pm
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Post# 29628932
Earnings estimates
Earnings estimatesYahoo: current Q1 C$.14 vs 30 days ago C$.13. TMX Money: current Q1 C$.17 vs 30 days ago C$.04. So quite a range of estimates but the trend is up. A major oil producer with an investment grade credit rating (BBB at S&P, A (low) at DBRS), yield of 3.52%. One of the reasons S&P lowered their rating in January was their outlook for Canadian oil prices. Obviously the oil picture has improved dramatically. Company raised $750 million in March paying 4.4% for 10 year unsecured notes. I'd say the debt market feels very confident in the future of Husky.