HUSKF News and Press, Husky Energy Inc. From 11/22/20

This announcement will combine excess refining capacity with excess production capacity. It also gives the Husky refineries access to lower-cost Cenovus feedstock. This is one of the few times that a myriad of synergies is obvious. Less volatility means an investment-grade deb...

Cenovus Energy ([[CVE]] -0.4%) and Husky Energy ([[HUSKF]] -0.8%) announced the executive leadership team that is expected to lead the combined company created through the strategic combination of Cenovus and Husky as announced on October 25.Following the close of the transaction, Cenovus...

This is the type of energy deals that make sense and unlike the PXD/PE transaction. The two weaknesses of both companies are resolved with this merger. CVE had a WCS-WTI uncertainty weakness. Husky had a high opex/boe and not enough production problems. By merging these two entiti...

I wrote about on Canadian preferred shares back in July. A lot has happened and I wanted to do an update for Husky in particular. The merger between Husky & Cenovus is credit positive for preferred share holders. Since July, yields have risen, which benefits rate-reset preferr...

Midstream companies have largely been positive on upstream consolidations, as the combined entities result in stronger customers, but management commentary on midstream consolidation has varied. As of the end of October, 34 of the 39 dividend-paying names in the Alerian Midstream Ener...

Cenovus reached an agreement to buy fellow Canadian oil sands producer Husky Energy. With the transaction, Cenovus doubles-down on oil sands production (bad) while achieving additional refining and pipeline exit capacity (good). The problem is that the pandemic has put North Ameri...

The management teams of Cenovus Energy and Husky Energy announced a merger between the two companies this week. The move is aimed at benefiting from significant synergies. It's hard to value Husky right now, but even if just the synergies are captured, the transaction looks like a...

Husky Energy Inc. (HUSKF) Q3 2020 Earnings Conference Call October 29, 2020 12:00 PM ET Company Participants Leo Villegas - Director of Investor Relations Rob Peabody - CEO Jeff Hart - CFO Conference Call Participants Prashant Rao - Citigroup Matt Murphy - Tudor, Pickering, Holt Greg Pardy - ...

Cenovus Energy reported a loss in its Q3 as its results were hit by a $450M impairment charge related to a refinery it co-owns with Phillips 66 in Texas and lower oil prices due to the pandemic.Meanwhile, Husky Energy ([[HUSKF]] -5.6%), which Cenovus is buying in a friendly takeover deal valu...

Husky Energy (HUSKF): Q3 GAAP EPS of -C$7.05 misses by C$6.88.Revenue of C$3.33B (-37.1% Y/Y) misses by C$330M.Press Release For further details see: Husky Energy EPS misses by C$6.88, misses on revenue