TSX:HSE.PR.B - Post by User
Comment by
Longvalueon Jul 27, 2016 10:27am
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Post# 25088159
RE:RE:RE:RE:Husky spill
RE:RE:RE:RE:Husky spillI heard 200 000 - 250 000 Litres, which is about 1250-1500 barrels. Lets not forget that the incident occurred in Saskatchewan, with an energy friendly government/premier; so I don't anticipate this to be that much of a liability. And lets not try and compare this to the BP Horizon incident. You lose all credibility when you do that, and make me suspect you are already short the company. If you are short, you should probably close out your position, except for this latest oil spill, all the negatives have been baked into Husky, e.g. CNOOC dispute, dividend cut, asset sales. Should the manage to execute, re-instate the dividend and get a favourable resolution with CNOOC, you will see Husky back in the mid-20s where IMO it should have been all along.