TSX:HSE.PR.B - Post by User
Comment by
dpfor3on Jul 17, 2019 7:17pm
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Post# 29932156
RE:RE:RE:RE:RE:RE:RE:RE:RE: 5 year/ 10 year/ and now all time lows.whats going on???
RE:RE:RE:RE:RE:RE:RE:RE:RE: 5 year/ 10 year/ and now all time lows.whats going on???I’m not sure why people keep complaining of lack of growth?
Husky’s upstream production will will grow by 100,000 barrels/day by 2023, half of it selling at Brent prices. That along with downstream projects at Lima, Lloyd, and the Superior refinery coming back online.
Most importantly, free cash flow will be more than triple what it is now by 2023, so the dividend could easily double to $1 per year going forward and still have tons of free cash flow for future growth.
Cenovus might be able to increase production substantially, but the pipe to carry it is still years away.