TSX:HSE.PR.B - Post by User
Comment by
Catscratchon Mar 22, 2020 7:35pm
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Post# 30835871
RE:RE:West White Rose Suspension
RE:RE:West White Rose Suspension I agree, suspending White Rose is positive. Perhaps news of this leaked on Friday which lead to the rally in the stock.... hopefully that rally continues now that HSE has cut almost all growth capex.
Husky is a survivor (and massively undervalued)....
1) Strong balance sheet: sizable cash balance, credit availability and debt is termed out nicely over the next 17 years with very little due in in the next few years.
2) Certain midstream and downstream assets could be sold at good prices if needed (retail gas stations for example).
3) Low cost operator.