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Bullboard - Stock Discussion Forum Husky Energy Inc. cumulative redeemable preferred T.HSE.PR.B

TSX:HSE.PR.B - Post Discussion

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Post by bullmrkt89 on Jun 05, 2019 3:50pm

What happened today ??

The stock was doing very good yesterday than out of nowhere down 4pct today. Anyone know why when all other oil stocks like suncor and imperial were either flat or up.
Comment by Dogsbreakfast4U on Jun 06, 2019 12:45pm
I was expecting a 4% drop but only tomorrow as the stock is ex dividend. Strange that it would be down today as it the last day to get the quarterly div.
Comment by bullmrkt89 on Jun 06, 2019 2:03pm
Yea it’s actuwlly disgusting to watch what’s been going on w this stock. Tomorow it will drop 12 cents again for sure due to the dividend. I guess the div is the only good thing about this stock right now. 
Comment by MickeyMan on Jun 06, 2019 3:44pm
This post has been removed in accordance with Community Policy
Comment by jwallingf on Jun 07, 2019 12:39pm
The dividend, the strong balance sheet, projected free cash flow of C$8.7 billion over the next five years, over C$3 billion in cash. There's a lot to like, especially at these prices. 
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