HUSKF News and Press, Husky Energy Inc.

2023-07-24 16:44:56 ET Summary Cash flow from operating activities has increased far more than the Cenovus Energy Inc. stock price. The company went from primarily a thermal producer to an integrated company. This is something that is new to the market. Acquisitions are likely...

Summary Operational optimization continues. It takes several years to realize the full potential of a large acquisition like Husky. The strategy to reduce exposure to WCS should continue into the future. More acquisitions to continue to grow are likely. The Superior Refinery...

Summary Cenovus Energy currently returns 50% of excess free cash flow to shareholders. When the net debt level drops to C$4 billion of net debt, then 100% of the excess free cash flow will be returned to shareholders. That is a lot more cash. Thermal producers generally cash f...

Summary Cenovus Energy's growth strategy is likely to continue into the future. Current deals are low risk "add-on" projects that management has a history with the assets. Cash flow growth has far exceeded any stock dilution since the acquisition of the ConocoPhillips Partners...

Since the purchase of the ConocoPhillips interest in 2017, Cenovus Energy's profits have increased dramatically. The Husky merger should allow profits to make another giant leap. The natural gas interest in the Great Basin is probably worth many times the original value in 2017. ...

Cenovus Energy has had greater emphasis on shareholder returns through dividend doubling in Q4 2021, and share buybacks through NCIB. Culling debt through asset sales and realized synergies through Husky Energy's acquisition can boost balance sheets and earnings. Sustained and fur...

The latest combination is proving to be yet another bargain. This company has made substantial progress since disposing of the ConocoPhillips Partnership. The Superior Refinery will come online in the current fiscal year. There are probably a lot more benefits to the two combi...

Cash flow exploded upward as the industry recovery continues. Consolidation benefits promise more good news in the future. The merger appears to have been well timed which makes it easy for managements to justify the merger benefits. Whether by luck or good planning, sharehold...

Cash flow appears to be about to double the old quarterly rate yet again. Thermal companies often generate a lot of free cash flow even when losing money. This points up yet another free cash flow measurement weakness. Cash flow in the latest quarter is near C$1 per share and the ...

Cash flow exploded upwards with stronger commodity pricing. Free funds flow is nearly always generous in the thermal industry. Debt reduction will be a priority. The other priority is operations optimization of the combined company. Management appears to have a good chance...