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

WTI above $58

[onec007]

So HSE announced that 2019/2020 they based their FCF and projects for WTI at $55. Well we are trading higher wouldn't it make sense to hedge some production to ensure that revenue and projects are predictable? Still waiting for the real estate news. Another catalyst would be the conclusion of tax write off which is around the corner

[ManitobaCanuck]

I think they will make/announce an acquisition soon . So many distressed juniors on the table falling like nine pins . look at PGF,BXE ,ATH , BTE . All are good targets 

[onec007]

possibly but definitely not any of the companies that you've listed. TOG, WCP or TOU would be more of likely acquisitions, if it were to happen. There are solid companies trading at severe discounts and garbage companies trading at where they probably should be and the companies that you've highlighted fit the bill. 

[pablo87]

A lot of the assets owned by junior producers would not meet the profitability criteria of a larger integrated like Husky.

[onec007]

You said it so eloquently lol  But, yes I agree that the assets owned by juniors do no meet the profitability by Husky. These juniors are trading cents on the dollar for a reason

[mrbb]

historically husky doesn't have much light/medium oil production, maybe husky want to add to this for cheap with prod. curtailment still ongoing.  Can't expand too much in the heavy oil side without tmx / keystone installed. Flushed with cash, good time to add light/med reserve that they can grow on, especially with WF/P/eor potential.  CNRL boosting their 2020 capital by