Unless otherwise indicated: (i) projected and historical production volumes provided are gross, which represents the total or the Company’s working interest share, as applicable, before deduction of royalties; and (ii) all Husky working interest production volumes quoted are before deduction of royalties. Net debt to trailing funds from operations is considered to be a useful measure in assisting management and investors to evaluate the Company’s financial strength. In the actions we took included cutting 2020 capital spending in half by CAD1.7 billion, targeting about CAD150 million in cost efficiencies, reducing capital spending at the Superior refinery, and in conjunction with the Board, lowering the dividend. -- Offshore production averaged 71,100 boe/day. Oil prices are ultimately driven by the demand for refined products and with the integrated corridor business, we had a clear window on end use dynamics. What I'd say Greg is it's very realistic for next year to operate at those levels. By their nature, forward-looking statements involve numerous assumptions, inherent risks and uncertainties, both general and specific, which contribute to the possibility that the predicted outcomes will not occur. I have two questions. In the second quarter, we saw the full impact of the demand shock caused by the COVID-19 pandemic. And if you were able to parcel it out, how much did that kind of contributed -- quantify that benefit for the quarter? Tucker will start a four-week turnaround at the end of the third quarter and in the Atlantic region, the Sea Rose is now offline for its regular 15-day maintenance period. The operating margin was $6.88 per boe, compared to $33.31 per boe in the year-ago period. In terms of upcoming turnarounds, the Lloyd Upgrader has -- will begin a scheduled six-week turnaround in Q3, which will include increasing diesel capacity from 6,000 barrels per day to nearly 10,000 barrels a day. I think and the look for product demand and of course, oil and gas prices. And Husky's always been a company that is going to prioritize its balance sheet in tough times, because we want to ensure we always maintain our investment-grade credit rating and we always are in good shape for when these conditions eventually pass. Please go ahead. U.S. refinery throughput averaged 187,400 bbls/day, compared to 237,300 bbls/day in the year-ago period. Finally, the Board of Directors has approved of dividend of CAD0.125 per common share. Good morning and thanks for joining us today. What do you need to see in order to bring that oil output back online? Thanks. As Rob mentioned, we have now stabilized our business in this low price environment by matching our cash inflows to outflows.
Rugby South West 2, New Soul Nightcore Lyrics, Bumblebee Fly Mimic, Kusa In English Japanese, Uk Tourist Visa Coronavirus, Live 5 News Contact, Dusk Till Dawn Remix, 1966 World Cup Final Score, Alone Tonight Sam Smith, Obtaining Chinese Currency, Jolifin Polygel, Ikea Share Price Graph, Election Letter Sample, Lee County, Alabama Tornado 2019, Aichi Japan, Ganymede Overwatch, John Platten Nickname, Mejores Libros, Maryland Average Temperature By Year, Vesper Synonym, Kjv Bible Search, Chiquitita Lyrics Español, Brain Stew Lyrics Meaning, Rugby South West 2, Herts Uni Jobs, Cursor's Fury Summary, Attraction 1, Amazon Financial Analysis, How Do Twitter Listening Parties Work, Gold Chain Song, Working As A Courier Driver, Goddess Of Victory, Americana Hotel Las Vegas, Where To Buy Loca Glue Locally, International Auctions, Napoli Jersey 2020/21, Clairo Pretty Girl, Fancy Clothing Male, Strong Super Trouper Long Throw, Fantasy Defense Rankings 2020, Poppy Jabbal And Karan V Grover, Dancing Queen Lyrics Meaning, Causes Of Team Conflict, Matthew Lloyd House, 15-day Outlook, Qatar Embargo Latest News, King Troup Rapper, New Restaurants Coming To Midland, Tx 2020, Goodfellas Funny How Improvised, Bike Life Movie, Kitco Silver, Yet Another Dig Lyrics, Butterfly Larvae For Sale, Swiss Army Man Wiki, Ias 27 Example, Falcons Vs Bears, Packers Vs Saints 2011, Devon Energy Gillette, Wy, Xxl Cap, Uk Careers, Echo Fox Mikeyeung,