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

TSX:HSE.PR.B - Post Discussion

Husky Energy Inc. cumulative redeemable preferred > Is Cenovus looking at meg energy?????
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Post by Oasisjunior on Jan 05, 2021 12:52pm

Is Cenovus looking at meg energy?????

If so it would make Cenovus a super power in the canadian oil and gas.....
Comment by Husky4000 on Jan 05, 2021 1:41pm
Probably not at the moment.  Give them time to merge correctly and prove over a few quarters that it is profitable $$$.  Then we'll see what they'll.  Paying out debt, Raising dividend, west white rose, etc...MEG is low on the list, in my opinion.
Comment by Oasisjunior on Jan 05, 2021 1:54pm
Raising the divi sure would impress the share holders.... west white rose???? i'm not so sure but let's hope they can make it profitable.
Comment by autofocus111 on Jan 05, 2021 2:54pm
SU doesn't seem to think WWR is going to go ahead. >>>CALGARY -- Suncor Energy Inc. says it will take a $425-million impairment charge related to its stake in the White Rose offshore oilfield and West White Rose expansion project. While White Rose is currently producing, the $2.2-billion West White Rose Project was intended to access 200 million barrels of crude oil and extend the ...more  
Comment by Husky4000 on Jan 05, 2021 3:13pm
I mean, things can change. It all depends on oil prices. When CVE will have a couple billions to invest they'll have a decision to make.
Comment by mrbb on Jan 05, 2021 2:31pm
it would make perfect sense.  Husky had took a shot at MEG before. Now MEG is even cheaper.   
Comment by Fraser19 on Jan 05, 2021 5:11pm
No
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