TSX:HSE.PR.B - Post by User
Comment by
mrbbon Jan 15, 2020 5:36am
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Post# 30554313
RE:I Told You That This LIMP Dog Was A Capex MUNCHER !!!
RE:I Told You That This LIMP Dog Was A Capex MUNCHER !!!I agree meg and cenovus have lower opcost but husky's projects have lower capital and transportation cost. Nice try cherry picking performance data
Eigen337 wrote:
Also, I POINTED OUT that the NARROW WTI/WCS price differentials would DEPRESS refinery MARGINS !!!
However, the Keystone pipeline SPILL blew out the WTI/WCS differentials during the past 7 - 8 weeks !!!
Also, they have an ELEVATED thermal in-situ bitumen COST STRUCTURE that is MUCH HIGHER than either Cenovus or MEG !!!
The GREAT points about Husky is that they can FULLY RECAPTURE the WTI/WCS price differentials through their refineries (refinery capacity is GREATER than COP), pipeline capacities and storage facilities !!!
These analysts DOWNGRADES are about TWO MONTHS too late !!!
This is my opinion only.
Eigen337