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

RE:RE:RE:RE:RE:RE:RE:RE:RE:Scottie99 is a charlatan

[CoCa1953]

I concur. The lack of dividend is part of the reason the stock is lingering.
Based off the Oil price alone during 2016 the stock price ratio to oil today is 31.6% of Oil.
Only 2 % above the low ratio of the year.
It should be trading on average at $16.54 today.
It is possible that another reason is the high concentration of the stock in the hands of a limited number of players and that it is only traded on the TSE.
I also hold Encanda from $8.00 and this trades in the USA and Canada - daily volume 2.5 million on average and pays a small dividend.
Bottom line - HSE has been acting like a dog however if this chart is any indication (https://www.tradingview.com/x/pcO7uTeD/) it could just blow on the upside to $20.00 rather fast.
During their recent press conference they were rather coy about re-instating the dividend and when pressed about future plans relating to the two refineries they kind of waved it aside rather quickly.

Where there is Oil there can be is Gas (High /Medium and Low).
Maybe this is the reason why they have not re-instated the dividend.
If so, Smart!.
Canadian Oil refined in Canada for Canadians and also access to US markets - a value added product.
Now the Pipeline can easilly be sold to Justin.

Colin Campbell