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

RE:RE:RE:Minimum value of Husky Energy Inc.

[jackhacket]

Seppelt wrote:

Short term catalyst is the sale of retail operations. The products (gasoline, diesel) are highly taxed in Canada and the government sponsored public opinion and media are promoting even higher carbon taxes. Good decision to exit retail business but the execution is slow - hopefully well progressing. 

Another short term positive is the expansion of Lima refinery to process op to 40,000 bbl/d of heavy crude. The full impact won't be seen until Q1 and beyond but Q4 should provide an update if completed on time and budget.

high taxes are good for refineries and retail.  they can stealthfully raise margins and tell the rubes that it's all taxman's fault.