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

Incredible numbers-blew away the street!!

[oilandgasmick]

Huge free cash flow and man am I going to enjoy that big dividend increase. I have to say they knocked it out of the park--bravo and thanks to all the longs who held tight. You can't argue with these numbers.

So much for those supposed big legal liabilities--too funny.

[SQCConsulting]

Humble Pie Eating Contest Results Do I really have to tell anyone here who the runaway winner is.......? Well for newbies its Scottie boy.

[SQCConsulting]

Who of course remains quiet in the wake of good news.....unless prodded to come out from hiding.

[Scottie99]

This post has been removed in accordance with Community Policy

[oilandgasmick]

SQC- You are right it is good news but the market reaction is pretty much what I thought it would be. The market anticipated some great quarterly numbers (although not this good) and that has fuelled a 50% increase in SP since we bounced off the lows thus the the good numbers were already built into the price. SU also had great quarterly numbers but you notice that they aren't exploding

[Dogsbreakfast4U]

I think the market was expecting or at least hoping for a share buyback. One has to wonder why the company has chosen not to do this after being grossly undervalued for so long.

[oilandgasmick]

Agreed but in my experience those buy-backs have limited effect. I really think the key is increasing dividends. A yield of 2.3% is o.k. but when I can get the same amount of money in a GIC I have to consider: -The Trump card, never know what he is going to do next. -Rachel and Baby Trudeau and their anti-energy policies -An unpredicatble oil supply and demand picture It adds up to risk that is

[mrbb]

I also think investor interest in Canadian oil and gas is diminishing due to incompetency of the liberal gov't. Investment and growth are being diverted to the US. Hopefully that trend changes after 2019 election

[Dogsbreakfast4U]

I agree that the numbers were impressive as expected. This said, the trading volume remains relatively low and the share price seems stuck. Would have expected with such great numbers a significant pick up in volume and a breakout in the share price. Maybe later today or tomorrow?

[Scottie99]

This post has been removed in accordance with Community Policy

[justlooking4]

You cannot argue with the report, good on all fronts.... at least now I am up $$$ on HSE...