TSX:HSE

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Executive Summary

Husky Energy Inc., together with its subsidiaries, operates as an integrated energy company in the United States, Western and Atlantic Canada, and the Asia Pacific.


Snowflake Analysis

Fair value with mediocre balance sheet.


Similar Companies

Share Price & News

How has Husky Energy's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: HSE's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-3.2%

HSE

1.5%

CA Oil and Gas

0.9%

CA Market


1 Year Return

-66.5%

HSE

-26.2%

CA Oil and Gas

-11.4%

CA Market

Return vs Industry: HSE underperformed the Canadian Oil and Gas industry which returned -26.2% over the past year.

Return vs Market: HSE underperformed the Canadian Market which returned -11.4% over the past year.


Shareholder returns

HSEIndustryMarket
7 Day-3.2%1.5%0.9%
30 Day4.2%5.7%4.5%
90 Day-27.1%-20.0%-9.3%
1 Year-63.9%-66.5%-22.4%-26.2%-8.4%-11.4%
3 Year-69.3%-72.4%-27.5%-36.0%0.4%-8.9%
5 Year-79.8%-82.4%-30.6%-41.9%16.9%-0.3%

Price Volatility Vs. Market

How volatile is Husky Energy's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Husky Energy undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: HSE (CA$4.2) is trading below our estimate of fair value (CA$18.91)

Significantly Below Fair Value: HSE is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: HSE is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.

PE vs Market: HSE is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate HSE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: HSE is good value based on its PB Ratio (0.3x) compared to the CA Oil and Gas industry average (0.6x).


Next Steps

Future Growth

How is Husky Energy forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

93.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HSE is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: HSE is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: HSE is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: HSE's revenue (7.6% per year) is forecast to grow faster than the Canadian market (5.8% per year).

High Growth Revenue: HSE's revenue (7.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HSE is forecast to be unprofitable in 3 years.


Next Steps

Past Performance

How has Husky Energy performed over the past 5 years?

27.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HSE is currently unprofitable.

Growing Profit Margin: HSE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: HSE is unprofitable, but has reduced losses over the past 5 years at a rate of 27.3% per year.

Accelerating Growth: Unable to compare HSE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: HSE is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-16.2%).


Return on Equity

High ROE: HSE has a negative Return on Equity (-21.11%), as it is currently unprofitable.


Next Steps

Financial Health

How is Husky Energy's financial position?


Financial Position Analysis

Short Term Liabilities: HSE's short term assets (CA$3.4B) exceed its short term liabilities (CA$3.4B).

Long Term Liabilities: HSE's short term assets (CA$3.4B) do not cover its long term liabilities (CA$11.6B).


Debt to Equity History and Analysis

Debt Level: HSE's debt to equity ratio (36.6%) is considered satisfactory.

Reducing Debt: HSE's debt to equity ratio has increased from 27.3% to 36.6% over the past 5 years.

Debt Coverage: HSE's debt is well covered by operating cash flow (47.2%).

Interest Coverage: Insufficient data to determine if HSE's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Husky Energy's current dividend yield, its reliability and sustainability?

1.19%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: HSE's dividend (1.19%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (2.02%).

High Dividend: HSE's dividend (1.19%) is low compared to the top 25% of dividend payers in the Canadian market (6.35%).


Stability and Growth of Payments

Stable Dividend: HSE's dividend payments have been volatile in the past 10 years.

Growing Dividend: HSE's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: HSE is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: HSE's dividends in 3 years are forecast to be well covered by earnings (35.5% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average management tenure


CEO

Rob Peabody (62yo)

3.5yrs

Tenure

CA$7,436,069

Compensation

Mr. Robert J. Peabody, also known as Rob, has been the Chief Executive Officer and President at Husky Energy Inc. since December 5, 2016 and served as its Chief Operating Officer since April, 2006 until De ...


CEO Compensation Analysis

Compensation vs Market: Rob's total compensation ($USD5.50M) is above average for companies of similar size in the Canadian market ($USD3.03M).

Compensation vs Earnings: Rob's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Robert Peabody
CEO, President & Director3.5yrsCA$7.44m0.031% CA$1.3m
Jeffrey Hart
Chief Financial Officer2.17yrsCA$2.49m0.00077% CA$32.5k
Robert W. Symonds
Chief Operating Officer3.25yrsCA$2.90m0.0021% CA$88.2k
Robert Hinkel
Chief Operating Officer of Offshore9.5yrsCA$2.01m0.0043% CA$180.3k
Jeffrey Rinker
Executive Vice President of Downstream & Midstream2.08yrsCA$1.38m0.00046% CA$19.4k
Dan Cuthbertson
Director of Communications & Investor Relationsno datano datano data
James Girgulis
Senior VP19.83yrsno datano data
Janet Annesley
Senior Vice President of Corporate Affairs & Human Resources1.42yrsno data0.00040% CA$16.9k
Bradley Allison
Senior Vice President of Explorationno datano data0.000090% CA$3.8k
Darren Andruko
Chief Financial Officer of Asia Pacificno dataCA$860.71k0.00055% CA$23.2k

3.3yrs

Average Tenure

Experienced Management: HSE's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Robert Peabody
CEO, President & Director3.5yrsCA$7.44m0.031% CA$1.3m
Tun-Li Kwok
Independent Director19.83yrsCA$158.47k0.0021% CA$86.5k
Eva Kwok
Independent Director19.83yrsCA$161.88k0.0010% CA$43.1k
Frank Sixt
Non-Independent Director19.83yrsCA$156.88k0.0070% CA$294.7k
Martin John Glynn
Independent Director19.83yrsCA$175.39k0.000050% CA$2.1k
Tzar Kuoi Li
Co-Chair of the Board19.83yrsCA$151.88kno data
William Shurniak
Independent Deputy Chair of the Board19.83yrsCA$175.63k0.0043% CA$182.4k
Poh Chan Koh
Non-Independent Director19.83yrsCA$151.88kno data
Neil McGee
Non-Independent Director7.58yrsCA$156.88k0.0074% CA$311.1k
Kin Ning Fok
Co-Chair of the Board19.83yrsCA$161.88k0.025% CA$1.1m

19.8yrs

Average Tenure

68yo

Average Age

Experienced Board: HSE's board of directors are seasoned and experienced ( 19.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: HSE insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Husky Energy Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Husky Energy Inc.
  • Ticker: HSE
  • Exchange: TSX
  • Founded: 1938
  • Industry: Integrated Oil and Gas
  • Sector: Energy
  • Market Cap: CA$4.222b
  • Shares outstanding: 1.01b
  • Website: https://www.huskyenergy.com

Number of Employees


Location

  • Husky Energy Inc.
  • 707 – 8th Avenue Southwest
  • Box 6525
  • Calgary
  • Alberta
  • T2P 3G7
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HSETSX (The Toronto Stock Exchange)YesCommon SharesCACADAug 2000
HKEDB (Deutsche Boerse AG)YesCommon SharesDEEURAug 2000
HUSK.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDAug 2000
HKEMUN (Boerse Muenchen)YesCommon SharesDEEURAug 2000
HSE.PRATSX (The Toronto Stock Exchange)CUM PFD SHS 1CACADMar 2011
HSE.PRCTSX (The Toronto Stock Exchange)RSET PFD-3 4.5CACADDec 2014
HSE.PRETSX (The Toronto Stock Exchange)PFD-5CACADMar 2015
HSE.PRGTSX (The Toronto Stock Exchange)PFD SER 7CACADJun 2015
HSE.PRBTSX (The Toronto Stock Exchange)CUM RED PFD SH 2CACADApr 2016

Biography

Husky Energy Inc., together with its subsidiaries, operates as an integrated energy company in the United States, Western and Atlantic Canada, and the Asia Pacific. It operates through two segments, Integrated Corridor and Offshore. The company engages in the exploration for, and development and production of crude oil, bitumen, natural gas, and natural gas liquids (NGL); marketing of the company’s and other producers’ crude oil, natural gas, NGL, sulphur, and petroleum coke; pipeline transportation and blending of crude oil and natural gas; and storage of crude oil, diluent, and natural gas. It is also involved in upgrading heavy crude oil feedstock into synthetic crude oil and diesel; refining crude oil; marketing refined petroleum products, including gasoline, diesel, ethanol blended fuels, asphalt, lubricants, and ancillary products; and producing ethanol, as well as refining crude oil to produce and market diesel fuels, gasoline, jet fuel, and asphalt. Husky Energy Inc. was founded in 1938 and is headquartered in Calgary, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/03 02:23
End of Day Share Price2020/06/02 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.