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

RE:RE:BNN:As oil plunges, the wisest thing is to do nothing at all

[onec007]

Agreed! They should be counting their lucky stars that they did not overstretch their balance sheet. I reviewed the past few oil crashes from 2008 to 2016 and Husky this time has the best net debt compared to previous plus their breakeven is much lower. Downside is that they have higher capex but that's just for this year as they have many projects in various phases. If they can pull a rabbit out of their hat by selling their retail that will help out substantially. This whole Saudi / Russia will be anyone's guess. At least let's stabilize around $40s