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

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

[oilandgasmick]

Hi Pablo:

Please, just call me Mick, I'm a man of wealth and taste.

Most of those Permian frackers are toast and good riddance to them--thanks for sinking the world energy markets with all of your unprofitable oil production but hey keep pumping to the max while the hedges last.

Yes, I would think that the HSE retail outlets would be making decent coin with the lower feedstock prices but someone on the board will have a deeper understanding of the issue and give you a better answer than I can.

In my opinion--the whole idea behind investing in integrated energy companies is that refineries, retail outlets etc. actually benefit from lower crude prices but the market either doesn't believe it or has simply chosen to disregard it. 

Judging by the share prices, people believe that MEG has approximately the same odds of survival as HSE. Go figure.