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

What if...

[cathychoo]

HSE's share value continues to decline because they only have about 10-12 years of proven(d) reserves left?

[autofocus111]

@cathychoo Maybe I got the numbers wrong, but it seems like if you include both proven and probable, they have more like 15-20 years worth of reserves in Canada. That should be enough to last until renewables take over. Presumably they will begin a transition to cleaner energy production in the next decade or so (assuming the market really does head in that direction). 2P reserves (Canada) 

[display_name]

Even if we assumed an extreme pessimistic stance and assumed that 10-12 years of proven reserves is accurate, and that no further reserves will be discovered or proven - they're trading at a p/e of 7.8 so I would argue still undervalued. And I personally do not adhere to such a pessimistic outlook - I'm thinking anyone who buys around this floor will be rewarded handily in due time :)