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



TSX:HSE.PR.B - Post by User

Comment by mrbbon Mar 12, 2020 4:27am
101 Views
Post# 30797359

RE:RE:RE:RE:RE:RE:RE:RE:Chances of bankruptcy

RE:RE:RE:RE:RE:RE:RE:RE:Chances of bankruptcy

if hse slash cap. spending, cutting staff would not increase work load for remaining staff. In fact, hse had done a large staff cut in 2019 in anticipation of reduced cap spending and liberal winning again.  I see reduce hours of work instead of increasing work load for remaining staff.  CNRL is stuck with all the devon staff which they acquired in 2019.   Devon is the last US major to exit canada, they got a crappy price for it but it is still better than if devon selling it today.   Conocophillips and kinder morgan must be laughing right now because they got a great exit payoff.   

firstworld wrote: 420 MN is loose change for HSE.  They are now in the position to cut 30% of people and ask the rest to work 14 hrs a day 6 days a week like the other 5 BN people on the planet doing the same.
 

RagingBull3 wrote: Thanks Auto

autofocus111 wrote: @RB Notes15/16 on pages 38/39 of the Q4/19 earnings report gives the detailed breakdown of debt.

https://huskyenergy.com/downloads/investorrelations/2019/HSE_FS_4Q19.pdf

 




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