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

Do you remember?

[cathychoo]

Do you remember when 'they' used to say once oil goes back up and Husky reinstates the dividend, that Husky shares will go back to where they should be?

June 1, 2017 - Husky paid $0.00 dividend, oil prices averaged $38.21 for the month and Husky shares closed at $16.00.

November 27, 2019 - Husky pays a $0.50 dividend (almost 5%), oil prices are almost $60/barrel and Husky shares are barely $10.00.

[Seppelt]

Don’t remember much but it seems that in 2017 markets saw higher oil prices on the horizon. The way HSE and it’s peers are priced today, markets see $38. Up to you to agree or disagree. 

[Blackday]

The China / US trade situation appears to be driving this stock more so than oil prices - most Can majors are up this morning but not HSE - and news over night on the trade deal was not positive. If this deal ever gets done, this stock will move assuming oil doesn't tank.

[mrbb]

I believe trump is tying hong kong situation into the trade deal which china don't want.  US just passed the HK human rights bill, that drive china bonker. China likely waiting for 2020 for a democrat president which can be bribed.  Both side think they can outlast the other. There lots of sh!t hidden in china that the world dunno about, CCP think they can contain it.    

[onec007]

The supply overhang is still haunting the market. I think shale needs to implode before we see a huge increase because many are simply operating on borrowed time and cash. I traded out of Cenovus for Husky for the following reasons: 1. Less debt 2. More diversified 3. Less reliant on takeaway capacity  4. More integrated with upstream/downstream/retail/refineries I have always believed that

[mrbb]

husky is currently under detention for some past oil spills, lots of institution investors got out of husky. Husky just need time to earn back investor confidence, the fundamental definitely positive but it is the invester emotion still guide most investors. I think the timing of superior rebuilt, whiterose expansion startup and lima upgrade should wait up the SP in 2021. Meanwhile buy the low and