RE:RE:RE:RE:RE:RE:RE:Husky Energy cuts 2020 budget by $1-billion i don't have cable tv for over 10 years now. BNN didn't help my investment portfolio anyway. BNN news clips on the web anyway.
BNN analyst's darlings have always been these 4, SU, CNQ, baytex, and CVE. Now that bte had fall off the table, now it is mostly su, cnq and cve. I didn't know bnn added a new one ARX. I guess arx cover the LNG angle, can't have 100% oilsand songbirds. Lots of coverage on whitecap and surge energy too when i had tv cable back then Husky doesn't use the service of bankers where these analysts work for, so i gues they don't sing song for husky.
Yes, i had tussled with scottie99 since day 1. He has been calling me a hse pumper, spinner, kool aid drinker, paid LKS troll, etc Only idiots think any poster in this puny forum gonna make a differnce in the market.
I had glanced at twin butte forum and scottie was rooting to fight the chinese owners on the liquidation while others twin butte posters rather settle for the leftover. I'm sure the twin butte chinese owners weren't fair to the shareholders but most knew scottie's stance is a losing position. What i know is LKS isn't like the other chinese money that came from the commie china who were just laudering money into canada: real estate, casino, oil/gas companies, fentanyl, etc who don't give a sheet about canada. Husky has dedicated funding program to abandon wells and oil facilities, make donation to communities, stick to canadian HR and health/safety laws,just like other big oil players. On the 65% midstream sold to lks, I think scottie is chasing another dragon tail. He might have a point on a the spirit of the law but does it warrant a criminal charge?
Here is my simple analogy: i'm thirsty and in a hurry, i went into store and pick up 1 liter of water priced at $1.99. I'm grab it, plunk down my toonie at the customer service counter and rush out the store. I didn't go through the cashier, i didn't get a receipt, i didn't even talk to customer service counter agent or anyone. So did i stole the 1 liter bottle of water? Do i deserve to be arrested? In scottie's eye, i didn't go throught formal routine to wait in line, pay the cashier, get a receipt. Basically this is what scottie goodie 2 shoes is all about.
oilandgasmick wrote: Thanks MRBB-- now I see what this rage is all about. How childish --and its directed at people who had nothing to do with Twin Butte.
On another note, I was watching BNN this morning and an analyst (forgot the name) said that the 4 survivors in the patch would be Su, Arx, Cnq and Cve with no mention of Husky.
However, I would take note of the fact that CNQ has 20B of debt and CVE still has almost 7B of debt. HSE is now in a position where no major chunks of debt are due until 2022. The price war should be over by then.