TSX:HSE.PR.B - Post by User
Comment by
oilandgasmickon Oct 24, 2019 2:18pm
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Post# 30265738
RE:RE:Trying to hype poo results on call
RE:RE:Trying to hype poo results on callIt's not a great earnings report but considering what the situation is with WTI then I would have to rate it as acceptable. With their integrated production they can capture WTI along their asset corridor but as someone pointed out that price has taken a serious hit too during the last year.
I am encouraged by the fact that free cash flow has turned around and with reduced CAPEX expenditures ahead it should increase as we move into 2020.
I am not expecting great earnings reports across the industry for at least the next 2 quarters with the possible exception of SU.