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HUSKF - Optimism Obscures Downsides Of Cenovus Merger With Husky
November, 23 2020 09:20 AM
Husky Energy Inc.
Management touts synergies and low pro forma valuation - recent write ups lean heavily on management representations. However, the merger reduces the investment appeal of the prior companies. Low asset quality and optimistic projections could drag on the combined company. Vaccine announcement-driven optimism is tinting the deal with rose-colored lenses. For further details see:
Optimism Obscures Downsides Of Cenovus Merger With Husky
Stock Information
Company Name:
Husky Energy Inc.
Stock Symbol:
HUSKF
Market:
OTC
Website:
huskyenergy.com
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