Husky Energy Inc.

Husky Energy has closed the sale of its 12,000 barrel-per-day Prince George Refinery to Tidewater Midstream and Infrastructure for $215 million in cash, plus a closing adjustment of approximately $53.5 million. Proceeds of the sale will be used in accordance with Husky’s funding priorities, which include maintaining the strength of the balance sheet and returning value to shareholders through a sustainable cash [...]

Husky Energy’s Board of Directors has approved a quarterly dividend of $0.125 per common share for the three-month period ended September 30, 2019. The dividend will be payable on January 2, 2020 to shareholders of record at the close of business on December 2, 2019. Regular dividend payments on each of the Cumulative Redeemable Preferred Shares – Series 1, Series 2, Series 3, Series 5 and Series 7 &ndash [...]

Husky Energy continued to execute its 2019 business plan in the third quarter, with the delivery of all planned milestones in the Integrated Corridor and Offshore businesses. Funds from operations were $1 billion, compared to $1.3 billion in the third quarter of 2018. Net earnings were $273 million. Cash flow from operating activities, including changes in non-cash working capital, was $800 million, compared to $1.3 [...]

Husky Energy will release its third quarter 2019 results before markets open on Thursday, Oct. 24, 2019. 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: Canada and U.S. Toll Free: 1-800-319-4610 Outside Canada and U.S.: 1-604-638-5340 To listen to a recording : Canada and U.S. Toll Free [...]

Husky Energy today announced it has reached an agreement for the sale of its Prince George Refinery to Tidewater Midstream and Infrastructure for $215 million in cash plus a closing adjustment for inventory, and a contingent payment of up to $60 million over two years. Husky previously announced it was considering selling the Prince George Refinery to focus on its Integrated Corridor and Offshore businesses. The [...]

Husky Energy continues to make steady progress towards a return to full operations at the Superior Refinery. The Company has received the required permit approvals to begin reconstruction activities at the site and work is expected to begin immediately. Demolition of damaged equipment resulting from a fire in April of 2018 is now largely complete and the rebuild will take place over the next two years with an expected [...]

Husky Energy announces that CFO Jeff Hart will be presenting at the Peters & Co. 2019 Energy Conference in Toronto, Ont. Details: Date: Tuesday, September 10, 2019 Time: 6:30 a.m. Mountain Time Audio Webcast Link: Peters & Co. Energy Conference Janet Annesley, Senior Vice President, Corporate Affairs & Human Resources, will be participating in the Environmental, Social and Governance panel on Thursday, September 12. This [...]

Husky Energy announces that CEO Rob Peabody will be presenting at the Barclays CEO Energy-Power conference in New York. Details: Date: Wednesday, September 4, 2019 Time: 9:05 a.m. Mountain Time Audio Webcast Link: Barclays CEO Energy-Power Conference Investor and Media Inquiries: Leo Villegas, Senior Manager, Investor Relations 403-513-7817 ÿKim Guttormson, Media & Issues Specialist 403-298-7088...

Husky Energy today announced it has commenced production at its Dee Valley thermal project in Saskatchewan, the second of six 10,000-barrel-per-day thermal bitumen projects to be brought onstream from 2018 to 2022. “Dee Valley is the latest in our deep portfolio of repeatable, small-scale Lloyd developments that provide low-cost, reliable feedstock for our Upgrader, asphalt refinery and U.S. refineries,” said [...]

Following an extensive investigation, flow line repairs, integrity testing and approval of the Canada-Newfoundland and Labrador Offshore Petroleum Board , Husky Energy today announced it will resume production from the remaining two drill centres shut in following the November 2018 oil spill offshore Newfoundland and Labrador. Husky will now begin an orderly restart and expects to reach full rates by early next week. This [...]