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

RE:RE:RE:RE:RE:Husky Energy cuts 2020 budget by $1-billion

[oilandgasmick]

Yes, good point.

When analysts in Canada (not just USA) reviewed quarterly results they always made comments about "where is future growth coming from?" which put a lot of pressure on companies to expand when in fact, less was more in terms positive cash flow.

They didn't have to spend all their cash and borrow more when decline rates were small compared to the frackers. In many cases they had to borrow the money to do increase production which degraded the balance sheet while these expensive long term projects were constructed and came on stream.