Husky Energy Inc.

Husky Energy today announced that it will begin a systematic and orderly suspension of major construction activities related to the West White Rose Project. The decision reinforces Husky’s objective to prevent the transmission of the COVID-19 virus among its employees, contractors, and the community. The Company carefully assessed the risks and determined they could not be adequately mitigated for such a large [...]

Husky Energy announces that 40,800 Cumulative Redeemable Preferred Shares, Series 5 were tendered for conversion, which is less than the one million shares required to give effect to conversions into Cumulative Redeemable Preferred Shares, Series 6 . As a result, none of the Series 5 Shares will be converted into Series 6 Shares on March 31, 2020. Investor and Media Inquiries: Leo Villegas, Senior Manager, Investor [...]

2020 capital program reduced by $900 million; represents 33% reduction in upstream spending $100 million in additional cost-saving measures This news release contains references to the non-GAAP financial measure “debt to capital”. Please refer to “Non-GAAP Measures” at the end of this news release. CALGARY, Alberta, March 12, 2020 -- Husky Energy is taking a series of actions to fortify its [...]

Husky Energy is providing notice that the Company does not intend to exercise its right to redeem its Cumulative Redeemable Preferred Shares, Series 5 on March 31, 2020. As a result, subject to certain conditions, the holders of Series 5 Shares have the right to choose one of the following options with regard to their shares: retain any or all of their Series 5 Shares and continue to receive an annual fixed-rate dividend [...]

Husky Energy’s Board of Directors has approved a quarterly dividend of $0.125 per common share for the three-month period ended December 31, 2019. The dividend will be payable on April 1, 2020 to shareholders of record at the close of business on March 17, 2020. Regular dividend payments on each of the Cumulative Redeemable Preferred Shares – Series 1, Series 2, Series 3, Series 5 and Series 7 – will be [...]

This news release contains references to the non-GAAP financial measures “funds from operations”, “free cash flow”, “operating margin”, “net debt”, “net debt to trailing funds from operations” and “operating netback.” Please refer to “Non-GAAP Measures” at the end of this news release. CALGARY, Alberta, Feb. 27, 2020 -- Husky Energy [...]

Husky Energy will release its 2019 fourth quarter and annual results before markets open on Thursday, February 27, 2020. A conference call will be held the same day beginning at 9 a.m. Mountain Time . CEO Rob Peabody, COO Rob Symonds and CFO Jeff Hart will participate in the call. To listen live: To listen to a recording : Canada and U.S. Toll Free: 1-800-319-4610 Canada and U.S. Toll Free: 1-800-319-6413 Outside Canada [...]

Husky Energy announces that 71,606 Cumulative Redeemable Preferred Shares, Series 3 were tendered for conversion, which is less than the one million shares required to give effect to conversion into Cumulative Redeemable Preferred Shares, Series 4 . As a result, none of the Series 3 Shares will be converted into Series 4 Shares on December 31, 2019. Investor and Media Inquiries: Leo Villegas, Senior Manager, Investor [...]

On December 2, 2019 Husky Energy announced the fixed-rate quarterly dividend applicable to its Cumulative Redeemable Preferred Shares, Series 3 for the five-year period commencing December 31, 2019. The fixed-rate dividend for the Series 3 Shares announced on December 2, 2019 was calculated on November 29, 2019 as 4.636%, representing the sum of the Canadian Government five-year bond yield of 1.506% plus 3.13%. The new [...]

Husky Energy is providing notice that the Company does not intend to exercise its right to redeem its Cumulative Redeemable Preferred Shares, Series 3 on December 31, 2019. As a result, subject to certain conditions, the holders of Series 3 Shares have the right to choose one of the following options with regard to their shares: retain any or all of their Series 3 Shares and continue to receive an annual fixed-rate [...]