Earnings
April 17, 2019 - BNS
New! Bank of Nova Scotia, Q1-2019 Earnings & Price Target Update .....
April 17, 2019 - RY
New! Royal Bank of Canada - Q1-2019 Earnings, Price Target Update .....
April 16, 2019 - TD
New! TD Bank - Q1-2019 Earnings, Price Target Update .....
April 14, 2019 - HR.UN
H&R REIT - 2018 Earnings & Price Target Update .....
April 13, 2019 - AX.UN
Artis REIT - 2018 Earnings, Price Target Forecast .....
April 11, 2019 - TA
Transalta Corporation - 2018 Earnings, Brookfield Offer .....
April 9, 2019 - RNW
Transalta Renewables Inc. - 2018 Earnings & Price Target Forecast .....
April 7, 2019 - INE
Innergex Renewable Energy 2018 Earnings & Price Target Update .....
Recommendation Changes
AX.UN, PEGI, NPI, NFI, ALA, more...

Husky Energy Inc. Q3-2018 Earnings & Price Target

This is only a sample of the article, please login to view the entire article

Husky Energy Inc. (HSE) operates in the upstream and downstream sectors of the petroleum industry. Upstream and Marketing operations in Western Canada include exploration, development and production of crude oil, bitumen, natural gas and NGL and marketing of other producers' crude oil, natural gas, NGL, sulphur and petroleum coke, pipeline transportation, the blending of crude oil and natural gas and storage of crude oil, diluent and natural gas. Downstream operations in western Canada include upgrading of heavy crude oil feedstock into synthetic crude oil, refining crude oil, marketing of refined petroleum products including gasoline, diesel, ethanol blended fuels, asphalt and ancillary products, and production of ethanol. It also includes refining of crude oil in the U.S. to produce and market diesel fuels, gasoline, jet fuel and asphalt.

The upstream and marketing segments each contribute approximately 40% of earnings respectively and downstream 20%. Within the upstream segment oil comprises 70% of production, natural gas 30%. For the oil production 55% is heavy oil from western Canada, the balance is from Newfoundland and Asia Pacific offshore wells. Natural gas production is split about equally between western Canada and the Asia Pacific Regions.

The downstream segments takes crude oil, bitumen, natural gas and NGL production from Western Canada to supply their Lloydminster upgrading and asphalt refining complex, the Prince George Refinery, Husky Midstream Limited Partnership (35% interest) and the Lima, Toledo (50% interest) and Superior refineries in the U.S. midwest. Natural gas production from the Western Canada portfolio is closely aligned with their refining and thermal bitumen production and acts as a natural hedge against low natural gas prices.

You must be a member to view the entire article, please subscribe or login


Login
Username
Password
New Issues & Acquisition
April 18, 2019
New! Surge Energy Inc 6.75% Convertible Debenture New Issue
April 12, 2019
New! Coverage Universe - Weekly Price Changes - Apr. 5-12, 2019
April 8, 2019
Bank of Montreal 5.1% Rate Reset Preferred Share New Isssue
April 5, 2019
Coverage Universe - Weekly Price Changes - Mar 29-Apr 5, 2019
March 29, 2019
Coverage Universe - Weekly Price Changes - Mar 22-29, 2019
March 28, 2019
Element Financial Corp. 4.25% Convertible Debenture New Issue
March 22, 2019
Coverage Universe - Weekly Price Changes - Mar 15-22, 2019
March 21, 2019
Atrium Mortgage Investment Corporation - New Convertible Debenture