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

RE:RE:RE:RE:Some good stuff but a few concerns

[mrbb]

oilandgasmick wrote: Well suffice to say that I can't seem to get a handle on these "net debt" numbers or how they got here and to me FCF and net debt are the key metrics that I look at. My concern is that the company is not living within its means and that is a concern.

Someone on the board probably has the answer but I know that I don't.

I see the new debt is just a bridge loan to help out the CF dip due to atlantic shut down and repairing superior. To me this borrowing is a good sign that husky has high ROR than the 4.4% loan rate of projects to fund. If creditors see them as junk bond, they would have demanded 7-10% ROR.