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

RE:Rumors or Fact?????

[RagingBull3]

Oasisjunior wrote: The rumors are that Suncor is going to make a bid to buy out the West White Rose project. If so what do you think will happen to the stock, Both Suncor's and Husky?????

All depends on what the Bid is.     

Suncor should diversify out of Alberta more.   Both companies should diversify out of North America more.   

I think HSE Asian operations are selling gas at over 3x the price as here, while also operating cost I think are the lowest I think.   

West White Rose........ will come online when oil prices makes sense for the project to do so.  Now is not the time to spend $$$Billions on Cap Ex and then cross your fingers on oil prices..... Actually that a really stupid way of doing things, but it seems that's the North American Way.