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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 pablo87on Mar 15, 2020 2:44pm
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Post# 30810003

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:Husky Energy cuts 2020 budget by $1-billionOilandgas, true - too much upstream capex, these CEO's don't have to grow but they WANT to..barriers to entry are too low (60+ producers in Permian???). In this context, you would think HSE would capex more non upstream, keep retail, buyback midstream but that's not what they've been doing. This $1B capex cut is a step in the right direction.
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