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

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:All the metrics for valuation out the door

[matt2018]

mick....Other than a few headfakes, this downturn in Oil price been going on since 2014.
Economies in India & China have been ramping up in same time period but hasnt helped?
As well, in that same time period US Shale and many other countries (Russia for example) have been ramping up Oil fields non stop.
Maybe the industry needs these low prices for awhile so you have more Venezuela factor.
But it's a double edged sword.
If oil producing nations can't pay their bills due to low oil prices, it could set up a global recession and kill demand even further.
Honestly I don't know what the right scenario would be for oil.
Seems every time it gets to $60, it just can't stay there.
Even OPEC+ does not know what to do next?
Maybe they bust up and it's every country for themselves.
We see what a month long virus in China has done to short term demand and we still don't know where this really goes.