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

RE:RE:RE:West White Rose Suspension

[RagingBull3]

Cash Flow is important, but bottom line is Profits.   At $25, even if HSE manages to Cash Flow neutral, it will probably produce a huge loss. 

It's all about profits.... that's mostly determined by oil price.   If oil is heading south tommorrow, HSE share price most likely to follow..... but it's hard to imagine it falling much further.  

onec007 wrote: The Dow is already down over 900 points plus oil is down 5%. Most likely the news will be negative given the the reasons above. Interesting that on Husky's website they will provide a business and capital spending plan update in due course. This is interesting given that they already announced 1 billion cut so possibly they might be able to also suspend West Rose so they can bring the capex from $3.2 billion to $2.3 billion to $1.8 billion. If Husky can bring capex down to $1.8 billion and suspend dividend their FFO could be neutral or fairly close to it even at $25 WTI. If the above is true I think analysts will have lot more confidence on Husky as a company that will survive vs. other companies.