Husky Energy Inc. cumulative redeemable preferred T.HSE.PR.B

RE:RE:RE:RE:RE:RE:RE:RE:Even Cenovus is Doing Better than Husky!!

[mrbb]

autofocus111 wrote: mrbb "SU and HSE are very vocal against the production cut.  So, $10 WCS is what hse/su want."

Not necesaarily true for SU. I believe they produce a net surplus of oil, so a combination of high WCS/syncrude prices and a high crack spread (very high fuel prices) also works. That would also apply to a larger HSE+MEG company.

If I'm not mistaken, MEG had tax losses that HSE could have used to reduce tax payable, which made the MEG acquisition even less expensive than it appeared. Personally, I would have liked to have seen that deal go through.

SU was very vocal against production curtailment, even more so the hse.  I believed IOL also against it but didn't publicly say so but did in action, by haltiing all railing export of bitumen.

https://www.jwnenergy.com/article/2018/12/suncor-slams-alberta-oil-production-curtailment-2019-budget-announcement/

 

Due to timeline limitation on takeover, i would have like hse make a  second all cash offer 6-7 $/share when meg crashed $5.