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

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Husky Energy : Regulator responding to Husky oil spill in Canada's Alberta

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03/20/2017 | 10:16pm CEST

The Alberta Energy Regulator is responding to a crude oil spill by Husky Energy Inc in Canada's oil-rich Alberta province, and while the pipeline involved has been shut, the amount leaked and cause are unknown, the agency said on Monday.

The leak occurred on Thursday, the regulator said, and the company was still working on Monday to isolate the oil, which leaked into Coxhill Creek west of Calgary, Alberta's biggest city.

The spill did not affect wildlife, the agency said.

Husky confirmed the incident and said there was no flowing water at the location.

"It is a relatively small area of operations and the spill was light oil," company spokesman Mel Duvall said, adding that cleanup efforts were underway.

Last summer, Husky indefinitely closed a pipeline that leaked oil into a major Canadian river. The incident was the third in the same area in eight months, according to government records.

(Reporting by Ethan Lou in Calgary, Alberta and Apeksha Nair in Bengaluru; Editing by Chizu Nomiyama)

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Financials ( CAD)
Sales 2017 18 117 M
EBIT 2017 817 M
Net income 2017 658 M
Debt 2017 3 580 M
Yield 2017 0,39%
P/E ratio 2017 27,55
P/E ratio 2018 22,02
EV / Sales 2017 1,09x
EV / Sales 2018 1,05x
Capitalization 16 238 M
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Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 18,4  CAD
Spread / Average Target 14%
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Robert J. Peabody President, Chief Executive Officer & Director
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