TSX:HSE.PR.B - Post by User
Comment by
onec007on Oct 24, 2019 10:25pm
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Post# 30267640
RE:RE:RE:RE:RE:WCS differentials have risen $5 per barrel since Oct 1
RE:RE:RE:RE:RE:WCS differentials have risen $5 per barrel since Oct 1I should also note during the call management has mentioned at least 4x "return cash to shareholders." Capital costs are high as they are growing but eventually it will greatly be reduced once these costs have incurred and these projects start coming online. 2021 is their cash inflection point! Whether they increase the dividend or announce special one time dividends or buybacks is anyone's guess. Provided that WTI stays above mid 50s Husky will be rolling in cash. Lastly, I expect them to announce their retail sale by Q4 and that should yield 500-750 mil.