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4-Traders Homepage  >  Equities  >  Toronto Stock Exchange  >  Husky Energy Inc.    HSE   CA4480551031

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Husky Energy : Closes Acquisition of Superior Refinery

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11/10/2017 | 03:03pm CET

CALGARY - Husky Energy (TSX:HSE) has closed its acquisition of the Superior Refinery, a 50,000 barrel per day refinery located in Superior, Wisconsin.

The Superior Refinery increases Husky's downstream crude processing capacity, in line with the Company's growing production. With the addition of the Superior Refinery, Husky's total downstream capacity will increase to approximately 395,000 barrels per day.

Husky is retaining the existing workforce at the refinery.

The Superior Refinery produces a slate of products that includes asphalt, gasoline, diesel and heavy fuel oils. The transaction includes the acquisition of the refinery's associated assets and logistics, including two asphalt terminals, two product terminals, a marine terminal, 3.6 million barrels of crude and product storage and a fuels and asphalt marketing business.

Contact:

Tel: 587-747-2116

(C) 2017 Electronic News Publishing, source ENP Newswire

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Financials ( CAD)
Sales 2017 18 449 M
EBIT 2017 379 M
Net income 2017 231 M
Debt 2017 3 818 M
Yield 2017 0,05%
P/E ratio 2017 75,87
P/E ratio 2018 55,17
EV / Sales 2017 1,07x
EV / Sales 2018 1,00x
Capitalization 15 861 M
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Husky Energy Inc. Technical Analysis Chart | HSE | CA4480551031 | 4-Traders
Technical analysis trends HUSKY ENERGY INC.
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TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
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Mean consensus HOLD
Number of Analysts 20
Average target price 17,1  CAD
Spread / Average Target 8,2%
EPS Revisions
Managers
NameTitle
Robert J. Peabody President, Chief Executive Officer & Director
Tzar Kuoi Li Co-Chairman
Kin Ning Fok Co-Chairman
Robert W. Symonds Chief Operating Officer
Jonathan McKenzie Chief Financial Officer
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