Earnings
November 15, 2018 - PKI
New! Parkland Fuel Corp - Q3-2018 Earnings & Price Target Update .....
November 13, 2018 - SPB
Superior Plus Corp - Q3-2018 Earnings & Price Target Update .....
November 11, 2018 - GEI
Gibson Energy Inc. Q3-2018 Earnings & Price Target Update .....
November 9, 2018 - KEY
Keyera Corp. Q3-2018 Earnings & Price Target Update .....
November 9, 2018 - DR
Medical Facilities Corp. Q3-2018 and Price Target Update .....
November 8, 2018 - FTS
Fortis Inc. Q3-2018 Earnings - Price Target Update .....
November 7, 2018 - BEP.UN
Brookfield Renewable Energy Partners LP - Q3-2018 Earnings Update .....
November 4, 2018 - ENB
Enbridge Inc. Q3-2018 Earnings & Price Target Update .....
Recommendation Changes
ENB, HSE, ALA, TRP, BCE, 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
November 10, 2018
New! Coverage Universe - Weekly Price Changes Nov 2-11, 2018
November 2, 2018
Coverage Universe - Weekly Price Changes Oct 26-Nov 2, 2018
October 26, 2018
Coverage Universe - Weekly Price Changes Oct 19-26, 2018
October 25, 2018
Royal Bank 4.8% Preferred Share New Issue
October 19, 2018
Coverage Universe - Weekly Price Changes Oct 12-19, 2018
October 12, 2018
Coverage Universe - Weekly Price Changes Oct 5-12, 2018
October 6, 2018
Coverage Universe - Weekly Price Changes Sept 28 - Oct 5, 2018
October 2, 2018
Bank of Nova Scotia - 4.85% 5 yr Rate Reset Preferred Shares New Issue