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

RE:RE:RE:RE:CK discussion on HSE

[mrbb]

sorry mick, i have no info relating to the 1.8b  revised capital number but pablo's comment about keeping capex on the downstream and WRR make sense.   These are big scale projects would incur extra cost if to stop halfway and then to restart it back up to later.  Also these 2 pillars are less riskier in term or oil price swing (like downstream) and no pipeline bottleneck and get full brent price  (like WRR).  

 

oilandgasmick wrote: I'm sure MRBB will weigh in on the 1.8 B revised capital number.

Yes, my list of survivors and probable survivors is exactly the same as yours.

CNQ is carrying 20B in debt so to me they are the least likely on your list to survive and with almost 7B in debt CVE isn't much better.

If SU goes under then its truly the end of the Canadian oil industry. SU probably makes more on the downstream than all the others so they are a good bet to still be around when the smoke clears.

How sad that in what was once such a diverse range of producers there are possibly 6 survivors in the public energy market.

Meanwhile, the layoffs are coming fast and furious in Texas and there is a ton of fracker debt that is virtually worthless. Equity issues aren't doing too well either.

There's lots of pressure on Donald to do something and he needs Texas to win the election in November. Time to put the Saudis on notice that they are not a super power. Trumps son-in-law is supposedly good friends with "little boots" so its time that the boy-king got the bad news about his country's real status.