Husky Energy Inc.

• Sale of Husky fuel stations stopped, says Cenovus CEO

  The CEO of Cenovus Energy Inc. says a pending sale of Husky Energy Inc.'s chain of retail fuel stations was halted.

  Economy

  Apr 6, 2021
  
• Cenovus Energy unveils capital spending plan, confirms up to 2,150 layoffs still targeted

  Most of the hundreds of layoffs expected in the wake of Cenovus Energy Inc.'s takeover of rival Husky Energy Inc. have already been completed just weeks after the deal's close.

  Money

  Jan 28, 2021
  
• Advertisement
• Cenovus says its takeover of Husky now has all key regulatory approvals in place

  Cenovus Energy Inc. says it has all key regulatory approvals in place to go ahead with its friendly takeover of oilsands rival Husky Energy Inc.

  Money

  Dec 21, 2020
• Advertisement
• Wintry weather prompts Husky to suspend cleanup work at site of northern Alberta pipeline leak

  Cold weather has prompted the suspension of cleanup operations at the site of a pipeline leak in northern Alberta, according to Husky Energy.

  Environment

  Nov 13, 2020
• Cenovus Energy shares plummet on news of its $3.8B deal to buy Husky Energy

  The all-share deal by Cenovus Energy Inc. to buy Husky Energy Inc. for about $3.8 billion will likely spark more mega-mergers among Canadian oil and gas majors, according to a veteran oilsands analyst.

  Money

  Oct 26, 2020
• Cenovus to buy Husky Energy for $3.8B in shares; company will remain in Alberta

  The merged Cenovus Energy Inc. will remain headquartered in Alberta.

  Canada

  Oct 25, 2020
• Husky Energy swings to $304 million loss in second quarter as revenues plunge

  The Calgary-based oil producer says it lost 31 cents per diluted share for the three months ended June 30, compared with net income of 36 cents per share or $370 million a year earlier.

  Economy

  Jul 30, 2020
• Economic ‘train wreck’ leaves Calgary-based Husky with $1.7B loss, prompts 90% dividend cut

  Husky slashed its dividend as it reported a $1.7-billion loss in its first quarter due to impairment charges related to the plunge in crude oil prices as a result of the COVID-19 pandemic.

  Economy

  Apr 29, 2020
• Advertisement
• Husky Energy reports $2.3B fourth quarter loss

  Husky says non-cash asset impairments and other charges totalled $2.3 billion after tax in its most recent quarter primarily related to its upstream assets in North America, including its Sunrise project.

  Canada

  Feb 27, 2020
• Advertisement
• Husky Energy confirms 370 job cuts as it trims 2020-21 spending by $500M

  About 370 jobs have been cut at Husky Energy this year with most of the reductions coming in a major round of layoffs in October, CEO Rob Peabody revealed Monday.

  Money

  Dec 2, 2019