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

Energy


TSX:HSE.PR.B - Post by User

Husky Energy Inc. cumulative redeemable preferred > Husky Energy cuts 2020 budget by $1-billion
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Comment by mrbbon Mar 15, 2020 4:44am
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Post# 30809161

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Husky Energy cuts 2020 budget by $1-billion
oilandgasmick wrote: MRBB-- So now that HSE has drastically cut capex and assuming that the virus will pass--what do you see as the market's reaction?


still need to know the direction of the dividend; same, reduce or elimination. A quick oil price recovery may not be so good as shale oil wouldn't get culled as much. A deep slump in oil price may hurt now but after shale frackers folded their cards, russia and saudi can dictate oil prices as they wish. 

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