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

Energy


TSX:HSE.PR.B - Post by User

Husky Energy Inc. cumulative redeemable preferred > WTF?
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Comment by Dogsbreakfast4Uon Jan 18, 2018 9:15am
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Post# 27384348

RE:RE:RE:RE:RE:WTF?

RE:RE:RE:RE:RE:WTF?

Raymond James cuts Canadian oil and gas producer to "market perform" after regulators order co to suspend ops at SeaRose vessel

** Brokerage gave its highest rating in mid-December

** HSE says to suspend ops of its 27,000 bpd floating production, storage and offloading vessel after an iceberg came too close to facility last year

** Prolonged suspension could cut HSE 2018 free cash flow estimate in half -Raymond James

** Brokerage Eight Capital also drops HSE to "sell" from "neutral", says suspension will cause a "credibility overhang" for co

** "We believe there is limited visibility with respect to how long it might take for the company to re-establish the regulator's confidence in the company's safety performance/" - Raymond James


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