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

5 year/ 10 year/ and now all time lows.whats going on???

[downwithdotcom1]

yes, ok, alot of th oils have fallen since Q1 but with HSE's better exposure to brent pricing for oil (atlantic, asia etc) plus way better than most nat gas pricing (china $11 mcf , slightly less in indonesia) plus their most recent news to return billions to shareholders over the next 4 years WHY IS THIS STOCK HITTING ALL TIME LOWS???? dwdc

[Intellectual]

It is certainly disconcerting to see sudden drop the last three days. The only possible concern that had been alluded to on BNN a few months ago was the possibility of political interference that scuttled the MEG takeover. This was mere speculation of course, but Lee Ka Shing is based in Hong Kong so there may be some peripheral Chinese influence, who really knows? This is by all accounts a

[oilandgasmick]

Yes indeed, I hate to admit it but looks like we are heading down to 11 bucks by the time earnings are announced next week. The market wants to be reassured that management is doing something to defend the stock price but: --share buyback---company not interested in doing this --special dividend to reward long suffering shareholders-- no, not interested in doing this  -updates on

[dpfor3]

I agree, fundamentals look great, but I’m out if we don’t get at least a dividend increase at the earning release. I can’t think of a good reason a share buyback wouldn’t be a great idea for a company that has a clean balance sheet.  I’ve been reading scare articles about IMO 2020, but Husky has stated that it should be a net benefit as diesel and distillates demand will increase and Husky

[La12255]

This post has been removed in accordance with Community Policy

[display_name]

Yup, pretty clear when short interest is up to 39%of total trades that somone is tryng to keep price down. https://shortdata.ca/stock/HSE.TO/

[oilandgasmick]

I am not normally a big fan of share buy backs but when you look at the relatively low volumes in the last week that have brought so much downward pressure, they could have easily been swept up by a buy back program that didn't have to be that big. Unfortunately thee are 5 trading days until earnings release and nothing to stop us in that week. we could be around 10.5 by next Thursday

[display_name]

One Majority stakeholder owns 70% of the company, I don't know how the share structure is exactly structured but with that kind of ownership I think he could techncially vote to sell at any price he wanted (two thirds approval usually required to pass special resolutions). Of course majority stakeholders want fair value for their shares as much as anyone else does and the company still has

[onec007]

Full disclosure: I initiated 1500 shares at $11.77 yesterday.  Quite shocked that HSE continues to underperform the entire market.   I was even pondering of selling my CVE (15K shares) and buy HSE instead, but definitely had some concerns about that trade and decided to leave CVE alone.   Cenovus strengths: * CEO is vocal and a leader for the industry, by far one (if not

[dpfor3]

I’m not sure why people keep complaining of lack of growth?   Husky’s upstream production will will grow by 100,000 barrels/day by 2023, half of it selling at Brent prices. That along with downstream projects at Lima, Lloyd, and the Superior refinery coming back online.  Most importantly, free cash flow will be more than triple what it is now by 2023, so the dividend could easily

[onec007]

Excellent post but sadly the different direction of both stock prices tell the story. I'm invested in both so clearly I want them both to succeed. Next week's earnings will be telling and hopefully a catalyst for the entire sector. Investors are not paying attention to cashflow and it's shocking because these majors are printing cash

[dpfor3]

You’re right about the price divergence telling a story, I just can’t figure out what it is that is causing it.  Suncor and Imperial look really expensive compared to Husky. Cenovus is a bit of a different beast, with quite a bit more production than refining capacity. At $60 oil, it looks really cheap, but at $50 oil it’s not that attractive.   That is the only reason I choose Husky

[onec007]

Suncor, CNQ and IMO have always traded with a premium over HSE since I can remember. They have very similar businesses but one challenge I think with HSE out of all of them is that they don't trade on the NYSE. Right there they are losing substantial amount of American investors. With WTI closer to $60 Cenvous is printing substantial amount of money. You are right in that the next few years

[mrbb]

i like to clear one myth that keep surfacing on this board, LKS is NOT tied to china. In fact, LKS, sons and family are hong kongers, and hong kong people hate china. Got that? Didn't any read news that 2 million hong kongers (29% of population) went out to protest against china's extradiciton bill?    Do you know any country where 29% of the people are out on the