It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. In the case of Husky Energy, it has a TSR of -52% for the last 5 years. Husky Energy Inc. has been crushed by the rout in oil prices, as the stock is now off 56% from its high in 2014. It’s most likely that this cash will be used for an investment in Asia, which will be better for the company if oil prices drop like they did in the early part of last year. Share your opinion and gain insight from other stock traders and investors. This article by Simply Wall St is general in nature. The capital-intensive eastern Canadian assets will continue to drag the company down, so if oil drops below $30 again, there’s a possibility that Husky could fall even further. Many producers may be cheating and feeding the oil glut by pumping oil like there’s no tomorrow. Fool contributor Joey Frenette has no position in any stocks mentioned. Sure, it’s rarely a good idea to invest in a company that has a history of dividend cuts, but the management team is looking to change things up so that such a cut doesn’t happen again.
Since then, HSE shares have decreased by 4.8% and is now trading at C$3.16. Enter your email address below to get started now, and join the other thousands of Canadians who have already signed up for their chance to get the market-beating advice from Stock Advisor Canada. Our team thinks these 5 stocks are critically undervalued, but more importantly, could potentially make Canadian investors who act quickly a fortune. Eventually, Husky will be a decent performer in a low oil price environment, but for now, the company is highly sensitive to drops in crude prices. For example the Husky Energy Inc. (TSE:HSE) share price dropped 57% over five years. That said, we think earnings and revenue growth trends are even more important factors to consider. Shareholders have had an even rougher run lately, with the share price down 14% in the last 90 days. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return.
If you are thinking of buying or selling Husky Energy stock, you should check out this free report showing analyst profit forecasts. Find the latest HUSKY ENERGY INC. (HSE.TO) stock discussion in Yahoo Finance's forum. That’s a positive. You can find out about the insider purchases of Husky Energy by clicking this link. Just Released! Don't miss out! All rights reserved. 5 Stocks Under $49 (FREE REPORT). That would generally be considered a positive, so we are surprised to see the share price is down.
24 Kippax St, Sydney If you spot an error that warrants correction, please contact the editor at [email protected]. I consent to receiving information from The Motley Fool via email, direct mail, and occasional special offer phone calls. Current as of October 27, 2020. 3 Beaten-Down Stocks Look Attractive, Aphria (TSX:APHA) Stock Plunges: Marijuana Industry in Trouble. Not to alarm you, but you’re about to miss an important event. We aim to bring you long-term focused research analysis driven by fundamental data. Please read the Privacy Statement and Terms of Service for more information. Statistically speaking, long term investing is a profitable endeavour. Simply click the link below to grab your free copy and discover all 5 of these stocks now. That exceeds its share price return that we previously mentioned. This is your chance to get in early on what could prove to be very special investment advice. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. Why is Husky Energy stock dropping? Read the latest stock experts ratings for Husky Energy. You can find out about the insider purchases of Husky Energy by clicking this link. Our research team consists of equity analysts with a public, market-beating track record. The company trades at a ridiculously cheap 0.9 price-to-book multiple, and there’s a high chance the company will reinstate its dividend later this year, assuming oil prices don’t crash again. Oil prices are starting to drop from the $50 levels, and some believe another oil crash could be in the works, as the OPEC pact starts to fall apart. It’s good to see that there was some significant insider buying in the last three months. You can see how revenue and earnings have changed over time in the image below, (click on the chart to see cashflow). It is important to consider the total shareholder return, as well as the share price return, for any given stock.
Li Ka-Shing, Hong Kong billionaire and controller of Husky, knows that the capital-intensive assets aren’t great in an environment where oil prices are low, so he’s planning to sell some of the company’s eastern Canadian offshore assets to free up billions of dollars’ worth of cash. With an attractive, lost-cost production business, why has Husky stock fared so poorly recently? Learn more about. Arguably, the revenue drop of 4.6% a year for half a decade suggests that the company can’t grow in the long term.
Husky’s assets are extremely capital intensive, and it has been tough on the company’s balance sheet. Click here to see them for FREE on Simply Wall St. You can check out the latest numbers in our company report. Husky Energy Inc. (TSX:HSE) has been crushed by the rout in oil prices, as the stock is now off 56% from its high in 2014. Even the share prices of good stocks drop sometimes, but we want to see improvements in the fundamental metrics of a business, before getting too interested. Simply Wall Street Pty Ltd Other metrics might give us a better handle on how its value is changing over time. Earnings reports or recent company news can cause the stock price to drop. We realise that Buffett has said investors should ‘buy when there is blood on the streets’, but we caution that investors should first be sure they are buying a high quality businesses. Motley Fool Canada's market-beating team has just released a brand-new FREE report revealing 5 "dirt cheap" stocks that you can buy today for under $49 a share.
Husky Energy became profitable within the last five years. You probably do not want to miss this free list of growing companies that insiders are buying. TSX Stocks: 2 Stars With Reliable 5% Yields, Love High Dividend Yields? Husky Energy is one of Canada's largest integrated energy companies, operating in western Canada, the United States, and the Asia-Pacific and Atlantic regions. Both internal and exogenous shocks are to blame. Husky has no recent gains from the current rally to $50, so I believe the company still has a decent margin of safety compared to its peers in the oil patch. I understand I can unsubscribe from these updates at any time. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock. Regrettably, last year’s performance caps off a bad run, with the shareholders facing a total loss of 13% per year over five years. There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance.
That’s not a lot of fun for true believers. In the case of Husky Energy, it has a TSR of -52% for the last 5 years.
The Motley Fool Canada » Energy Stocks » Husky Energy Inc. Is Too Cheap to Ignore, Joey Frenette | March 15, 2017 | More on: HSE. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. ACN 600 056 611, Simply Wall St is a financial technology startup focused on providing unbiased, high-quality research coverage on every listed company in the world.
list of growing companies that insiders are buying.
This has probably encouraged some shareholders to sell down the stock. OPEC isn’t going to police its members, so it’s quite possible that a lot of oil companies could give up their recent gains. Simply Wall St has no position in the stocks mentioned. Husky Energy was recommended as a Top Pick by Bruce Murray on 2020-08-24. Find the latest HUSKY ENERGY INC. (HSE.TO) stock quote, history, news and other vital information to help you with your stock trading and investing.
Thank you for reading. The dividends paid by the company have thusly boosted the total shareholder return. Iain Butler and the Stock Advisor Canada team only publish their new “buy alerts” twice a month, and only to an exclusively small group. The company has been struggling to rally, even with oil prices climbing above the $50 levels. © 2020 The Motley Fool Canada, ULC. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising. The dividends paid by the company have thusly boosted the total shareholder return. That exceeds its share price return that we previously mentioned. Should You Buy Aphria (TSX:APHA) After Its Recent Pullback?
Forget Suncor Energy (TSX:SU): These Stocks Can Give You $4,500 Annually, How to Profit From the Market Crash: 2 Stocks to Trade in Short Term. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. Investors who like to make money usually check up on insider purchases, such as the price paid, and total amount bought. There are plenty of other companies that have insiders buying up shares. While the broader market gained around 3.5% in the last year, Husky Energy shareholders lost 15% (even including dividends). If you believe oil prices have stabilized and won’t crash again, then Husky could be a fantastic contrarian play. We note that the company has reported results fairly recently; and the market is hardly delighted. Returns since inception, October 2013.
What Husky Energy (TSX:HSE) Investors Should Do After a Bleak Q1 Vineet Kulkarni | April 30, 2020 Husky Energy (TSX:HSE) stock soared more than 12% yesterday, despite a discouraging Q1. Husky Energy Inc. (HSE.TO)'s stock was trading at C$3.32 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). The company eventually cut its dividend entirely, and many investors have taken the stock off their radars because of this cut.
But no-one is immune from buying too high.
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