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Bullboard - Stock Discussion Forum Husky Energy Inc. cumulative redeemable preferred T.HSE.PR.B

TSX:HSE.PR.B - Post Discussion

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Post by believer123 on Mar 09, 2020 2:51pm

The end of canadian oil

Canadian energy companies will break down if the oil price stays in the 30s or lower. Its possible big players like suncor and  husky could go bankrupt - oil is heading below 20
Comment by oilandgasmick on Mar 09, 2020 2:55pm
I don't think SU will be swept off the table. If it is then its truly the end of the Canadian energy industry.
Comment by believer123 on Mar 09, 2020 3:08pm
Keep in mind this crash hasn't even taken into account an actual recession - if that hits oil could literally go to 10 bucks or less It has before
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