Is Husky Energy stock a good buy?

Is Husky Energy stock a good buy?

Husky Energy Inc. (HSE.TO) has received a consensus rating of Hold. The company’s average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.

Is Husky Energy publicly traded?

The transaction was completed through a definitive arrangement agreement announced on October 25, 2020 under which Cenovus and Husky agreed to combine in an all-stock transaction. The Cenovus warrants have been listed on the Toronto and New York exchanges under the ticker symbols TSX: CVE. WT and NYSE: CVE WS.

What will happen to my husky stock?

The Husky common shares and preferred shares are expected to be delisted by the TSX at the close of the market on January 5, 2021. With the close of the transaction, Husky has become a wholly-owned subsidiary of Cenovus and will remain as such until completion of a planned amalgamation among the two entities.

Why is husky stock so low?

Shares of Husky have plunged over 80 per cent since its 2008 peak for myriad reasons: lower oil prices, a dividend suspension, a production cut due to a close call with an iceberg, and a failed $2.75 billion (US$2.11 billion) hostile takeover bid for MEG Energy Corp.

What company owns Husky?

The Home Depot
Husky (tools)

Product type Subsidiary
Owner The Home Depot
Country United States
Introduced 1924
Previous owners The Stanley Works, National Hand Tool, Litton Industries, New Britain Machine Company, Olsen Manufacturing Company, Husky Wrench Company

What did cenovus pay for Husky?

Cenovus Energy Inc. agreed to buy Husky Energy Inc. in a $3.8 billion all-stock deal that will combine two of the largest players in Canada’s beleaguered oil-sands industry, which is struggling after the slump in crude prices.

Where can I buy Husky Energy stock in Canada?

Husky Energy Inc. (HSE.TO) trades on the Toronto Stock Exchange (TSX) under the ticker symbol “HSE.” How do I buy shares of Husky Energy Inc. (HSE.TO)? Shares of HSE and other Canadian stocks can be purchased through an online brokerage account.

Are there any gas stocks on the TSX?

Gas stocks have had a few hard years, but there could be an enormous boost as smaller businesses continue to be acquired. More » What’s Next for Cenovus Energy (TSX:CVE) After the Husky Energy (TSX:HSE) Merger? Cenovus Energy (TSX:CVE) (NYSE:CVE) stock looks undervalued.

When is Husky going to be delisted from the TSX?

The Husky common shares and preferred shares are expected to be delisted by the TSX at the close of market on January 5, 2021.The combination creates Canada’s third-largest crude oil and natural gas producer, based on total company production, with about 750,000 barrels of oil equivalent per day of low-cost oil and natural gas production.

When did Husky Energy its earnings?

Husky Energy Inc. (HSE.TO) (TSE:HSE) issued its earnings results on Thursday, October, 25th. The company reported $0.57 EPS for the quarter, topping the Zacks’ consensus estimate of $0.49 by $0.08. The business earned $6.13 billion during the quarter, compared to analysts’ expectations of $6.67 billion.