Post by
Rational43 on Oct 31, 2019 10:58am
Heavy Oil Diff up to $18.70
Straight profits for Husky vs all of 2019 YTD.
Comment by
onec007 on Oct 31, 2019 2:31pm
Yep..... the wider the gap the more SU and HSE profit. I think with the AB gov't relaxing the curtailment we can see the gap widen or at the very least stay in the high teens.
Comment by
oilandgasmick on Oct 31, 2019 3:43pm
Which is the very reason that investors like myself and others chose these 2 companies. You don't have to wait many years for pipelines that may or may not be completed and the worse the differentials get the more you profit. The ridiculous sell off in HSE stock completely ignores this point.
Comment by
onec007 on Oct 31, 2019 8:09pm
That's the main reason why I switched Cenovus over to Husky plus the dividend and the balance sheet. One thing that Husky has proven time and time again is that it often trades range bound but it eventually ends up finding a way to trade back to $20. I'm hoping that happens again as it will be a double for me including the dividends that will come my way by waiting
Comment by
Seppelt on Nov 01, 2019 10:10am
The recent widening could be due to Keystone pipeline off service while the authorities investigate the leak detected in North Dakota. Lima refinery is getting it’s oil via Keystone plus will not fully benefit from cheap feedstock until 2020 due to: “45-day full shutdown in Q4 for work related to the crude oil flexibility project, with concurrent maintenance”