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

Energy


TSX:HSE.PR.B - Post by User

Husky Energy Inc. cumulative redeemable preferred > DIVIDEND
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Comment by autofocus111on Mar 23, 2020 7:08pm
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Post# 30839729

RE:RE:RE:RE:RE:RE:DIVIDEND

RE:RE:RE:RE:RE:RE:DIVIDENDonec007 Actually I think SU is worse off than HSE. SU tarsands production exceeds their fuels refining capacity. HSE it's the other way around. Of course, with dismal crack rates it's not much consolation. But something is going to give here. My guess is it's going to be US shale since
many E&Ps there are leveraged beyond repair and it's high cost at the marginal added barrels. In 6-12 months I expect the picture to be alot prettier, and HSE will be absolutely be one of the survivors in the AB oil patch due to their low leverage. It's too bad they didn't move faster to sell off the retail biz though.... would have been a great added protection against this storm.  
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