TSX:HSE.PR.B - Post by User
Comment by
onec007on Apr 22, 2019 8:27pm
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Post# 29657036
RE:RE:RE:RE:RE:RE:Even Cenovus is Doing Better than Husky!!
RE:RE:RE:RE:RE:RE:Even Cenovus is Doing Better than Husky!!I am much more in favor of CVE over Husky. Cenovus has a little more risks, but way better reward and given how strong oil is now dividends and shareholder reward will be more likely with Cenovus. I agree that the past management over paid COP assets but Cenovus did an amazing job at reducing debt by selling assets and using FCF. The net debt is just shy of $8 billion and this year they should be able to apply upwards of $2 billion bringing it closer to their goal of $5 billion.