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

HSE misses profits again

[justlooking4]

Somebody needs to shake up the HSE management team and board of directors. The stock is down over 35 % in the past three years. No dividend and a declinging stock price, what a disaster to hold. I will never stop at a Huskey gas bar again in my life.

[Sage4Puck]

Big dissapointment!  Makes me wonder about the whole oil sector and its future.

[justlooking4]

Now oil is back over $ 50 and this pig of a stock sits near the $ 14 mark. Why they continue to let the company go down the $hitter I have no idea. A lot of people have lost a lot of money on HSE. Not sure why there has not been a major overhaul of the management and board of directors. They have cost us almost 40 % of our investment .....I see little hope for HSE until they make some major

[pablo87]

just, we all dislike the governance but it is well managed - if you look at where they are investing it's in steam assisted heavy oil which is low operating cost and low sustaining with long life, and off shore which also seems to provide better roi. All these future projects not considered in valuation which is usually what happens when investors dislike a stock. Disclosure: no position.

[rexitnop]

This stock slump is not due to HSE management and the board of directors. You'll notice that Cenovus and Crescent Point are doing much worse than Husky in terms of being a pig stock, while the stable Imperial Oil is at a 12-year low - heck, even Exxon Mobil has done little in the last 6 years. Once the oil sector gets back in vogue (assuming it does), HSE will rebound.

[Scottie99]

This post has been removed in accordance with Community Policy

[justlooking4]

I have emailed the company on a few occasions and I have cc'd my lawyer. If they are not looking in the interest of shareholders, they are liable. Very hard to prove however, these guys may just be incompetent, and they just do not know any better. Nothing illegal about doing a $hitty job for the investors. Not sure how they can last, surely somebody is getting PO'd about their dismal

[pablo87]

Are you serious? These guys are killing it.  Share prices do not always reflect value. My issue is no dividends (and they sort of promised) and the fact none of the directors represented my interests.

[believer123]

Yes, I agree completely. Every major oil sands company has either reinstated or increased their dividend. I don't know why Husky isn't. Husky can afford at least a 5-10 cent dividend. I don't know why they're not reinstating it. Oil prices have stablized, what the Fu**

[justlooking4]

This pig of a stock just keeps going down. Nobody wants to buy HSE after the dividend fiasco. How they allow this bunch of idiots to ruin our company is beyound belief. The board of directrs should all be fired. They are supposed to ensure mgmt creates sharholder value, not wipe it out.