TSX:HSE.PR.B - Post by User
Comment by
onec007on Oct 24, 2019 6:22pm
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Post# 30266957
RE:RE:RE:RE:WCS differentials have risen $5 per barrel since Oct 1
RE:RE:RE:RE:WCS differentials have risen $5 per barrel since Oct 1I read most of the posts here and I think investors and analysts are way too cynical. Husky's daily production has decreased YOY, but it will still grow to 100K per day by 2024.
Dividend is well covered. Yes, the company is spending quite a bit still on capital hence the lower FCF compared to other competitors. With Husky and pretty much the entire sector you will require PATIENCE. Keep the following in mind: Husky is still FCF and profitable. The company has extremely low net debt plus they are working to reduce operating costs.
Today's drop is absolutely disappointing, but not suprised.
Absolutely stupid to sell at these fire sale especially since the company is not distressed just the share price.