Home Forums Ask Sean Husky Energy (HUSKF)

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  • AvatarMark Fisher
    Participant
    Post count: 2

    Sean,
    Any ideas why this stock is selling $6.49 a share P/E 4.62, EPS $1.40, 5.90%div, Market cap 6.5B, cash 2.9B, asset 35B/liabilities 15B. I can’t find anything wrong with this company other than the price is so cheap, other than it Petroleum company. they also refine, pipelines, world company. Any thoughts?
    Thank you
    Mark

    Sean HymanSean Hyman
    Participant
    Post count: 1041

    Their debt is as high as their market cap. So, 1) We’ve already got plenty exposure to that area/sector/industry. 2) Why buy a high-debt company when we can buy a low-debt company.

    AvatarBauka
    Participant
    Post count: 5

    Employees say the company is not making any investments in Canada since the latest Federal election. Money is going back into company. Don’t know if it’s being passed out to shareholders.

    Sean HymanSean Hyman
    Participant
    Post count: 1041

    Trudeau does not like the energy companies. It’s one reason why Encana decided to move to the U.S. So, until Trudeau is out of office, they’re fighting an uphill battle…much like what happened here under Obama.

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