OverviewSuggest Edit

Husky Energy is an integrated energy company. Its business in the Integrated Corridor includes crude oil, bitumen, natural gas, and natural gas liquids. The company’s Offshore business comprises operations, development, and exploration. It also markets and distributes gasoline, diesel, jet fuel, asphalt, lubricants, and ancillary products. 

TypePublic
Founded1938
HQCalgary, CA
Websitehuskyenergy.com

Latest Updates

Employees (est.) (Dec 2018)5,157
Job Openings20
Revenue (FY, 2018)C$22.6 B(+20%)
Share Price (Jan 2021)C$6.8(+6%)
Cybersecurity ratingDMore
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Key People/Management at Husky Energy

Jeff Hart

Jeff Hart

Chief Financial Officer
Stephen E. Bradley

Stephen E. Bradley

Director
Victor T.k. Li

Victor T.k. Li

Co-Chairman
Asim Ghosh

Asim Ghosh

Director
Poh Chan Koh

Poh Chan Koh

Director
Eva L. Kwok

Eva L. Kwok

Director
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Husky Energy Office Locations

Husky Energy has an office in Calgary
Calgary, CA
225 6 Ave SW
Calgary, CA
707 8th Avenue SW
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Husky Energy Financials and Metrics

Husky Energy Revenue

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Husky Energy's revenue was reported to be C$22.59 b in FY, 2018 which is a 19.2% increase from the previous period.
CAD

Revenue (Q2, 2019)

5.4b

Gross profit (Q2, 2019)

4.1b

Gross profit margin (Q2, 2019), %

76.5%

Net income (Q2, 2019)

370.0m

EBIT (Q2, 2019)

230.0m

Market capitalization (5-Jan-2021)

6.8b

Closing stock price (5-Jan-2021)

6.8

Cash (30-Jun-2019)

2.5b

EV

12.0b
Husky Energy's current market capitalization is C$6.8 b.
Annual
CADFY, 2016FY, 2017FY, 2018

Revenue

13.2b18.9b22.6b

Revenue growth, %

43%19%

Cost of goods sold

10.1b14.2b17.4b

Gross profit

3.1b4.7b5.2b
Quarterly
CADQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Revenue

4.6b4.6b4.7b5.3b6.0b6.3b4.6b5.4b

Cost of goods sold

3.5b3.6b3.5b4.0b4.4b4.7b3.3b1.3b

Gross profit

1.1b990.0m1.2b1.3b1.6b1.6b1.3b4.1b

Gross profit Margin, %

24%21%25%24%27%26%29%77%
Annual
CADFY, 2016FY, 2017FY, 2018

Cash

1.3b2.5b2.9b

Accounts Receivable

1.0b1.2b1.4b

Prepaid Expenses

135.0m145.0m123.0m

Inventories

1.6b1.5b1.2b
Quarterly
CADQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Cash

2.2b2.5b2.5b2.3b2.6b2.9b3.2b2.5b

Accounts Receivable

896.0m936.0m1.1b1.3b1.4b1.7b1.4b1.3b

Prepaid Expenses

66.0m72.0m131.0m168.0m84.0m132.0m126.0m77.0m

Inventories

1.6b1.3b1.3b1.7b1.8b1.8b1.6b1.5b
Annual
CADFY, 2016FY, 2017FY, 2018

Net Income

922.0m786.0m1.5b

Depreciation and Amortization

2.5b2.9b2.6b

Cash From Operating Activities

2.0b3.7b4.1b

Capital Expenditures

(1.7b)(2.2b)(3.6b)
Quarterly
CADQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Net Income

71.0m(22.0m)114.0m248.0m696.0m1.2b328.0m698.0m

Depreciation and Amortization

700.0m1.6b2.2b618.0m1.3b1.9b630.0m1.3b

Cash From Operating Activities

621.0m1.4b2.3b529.0m1.5b2.8b545.0m1.3b

Capital Expenditures

(384.0m)(964.0m)(1.5b)(637.0m)(1.3b)(2.3b)(812.0m)(1.7b)
CADFY, 2016

Revenue/Employee

2.6m

Debt/Equity

0.3 x

Debt/Assets

0.2 x

Financial Leverage

1.8 x
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Husky Energy Operating Metrics

FY, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018FY, 2018Q1, 2019Q2, 2019

Crude Oil and Natural Gas Liquids Daily Production Volume, mbbls/day

228.6243.5233.7223.8231.2233220.9213.2210.1214.7214.7199.1189.2

Operating Netbacks (Exploration and Production), $/boe

C$24.17C$23.53C$23.25C$30C$24.37C$31.31C$31.3C$9.42C$27.69C$33.61

Operating Netbacks (Lloydminster Non-Thermal), $/boe

C$14.8C$12.7C$12.46C$19.36C$4.13C$20.83C$13.28(C$11.8)C$10.83C$22.32

Refinery Throughput (Superior), mbbls/day

225.53710.111.7
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Husky Energy Acquisitions / Subsidiaries

Company NameDateDeal Size
Superior RefineryNovember 08, 2017c$670 m
Husky Downstream General Partnership
Husky Energy International Corporation
Husky Energy Marketing Partnership
Husky Marketing and Supply Company
Husky Oil Limited Partnership
Husky Oil Operations Limited
Husky Terra Nova Partnership
Lima Refining Company

Husky Energy Revenue Breakdown

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Husky Energy revenue breakdown by business segment: 11.9% from Infrastructure and Marketing (Upstream), 17.9% from Exploration and Production (Upstream), 48.8% from U.S. Refining and Marketing (Downstream), 7.2% from Upgrading (Downstream) and 14.1% from Canadian Refined Products (Downstream)

Husky Energy revenue breakdown by geographic segment: 52.3% from United States, 42.9% from Canada and 4.8% from Other

Human Capital Metrics

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Husky Energy Cybersecurity Score

Cybersecurity ratingPremium dataset

D

67/100

SecurityScorecard logo

Husky Energy Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Husky Energy Online and Social Media Presence

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Husky Energy News and Updates

Husky Energy Files 2020 Q4 and Annual Financials

CALGARY, Alberta, Feb. 09, 2021 (GLOBE NEWSWIRE) -- Husky Energy Inc., a wholly-owned subsidiary of Cenovus Energy Inc., will be filing today its 2020 fourth quarter and annual audited consolidated financial statements, Management’s Discussion & Analysis and Annual Information Form with Canadi…

Feeding DDGS Market Forecast to 2027 - Ensus UK Limited, Globus Spirit Ltd., Husky Energy Inc., Kent Nutrition Group, Land O' Lakes

Feeding DDGS Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Type (Corn, Wheat, Rice, Blended Grains, Others); Livestock (Dairy Cattle, Beef Cattle, Swine, Poultry, Others); Form (Powder, Granules/Particles, Pellets, Briquettos) and Geography Posted via Industry Today. Follow us on …

Husky Energy Announces Third Quarter 2020 Dividend and Fourth Quarter 2020 Preferred Shares Dividend Payments

CALGARY, Alberta, Oct. 29, 2020 (GLOBE NEWSWIRE) -- Husky Energy’s Board of Directors has approved a quarterly dividend of $0.0125 (Cdn) per common share for the three-month period ended September 30, 2020.

Husky Energy to Report Third Quarter 2020 Results

CALGARY, Alberta, Oct. 15, 2020 (GLOBE NEWSWIRE) -- Husky Energy will release its third quarter 2020 results before markets open on Thursday, October 29, 2020. A conference call will be held the same day beginning at 10 a.m. Mountain Time (12 p.m. Eastern Time).

Husky Energy Announces Second Quarter 2020 Dividend and Third Quarter 2020 Preferred Shares Dividend Payments

CALGARY, Alberta, July 30, 2020 (GLOBE NEWSWIRE) -- Husky Energy’s Board of Directors has approved a quarterly dividend of $0.0125 (Cdn) per common share for the three-month period ended June 30, 2020.

Husky Energy Reports Results of Series 7 Preferred Share Conversion

CALGARY, Alberta, June 17, 2020 (GLOBE NEWSWIRE) -- Husky Energy (TSX: HSE) announces that 212,461 Cumulative Redeemable Preferred Shares, Series 7 (Series 7 Shares) were tendered for conversion, which is less than the one million shares required to give effect to conversion into Cumulative Redeem…
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Husky Energy Frequently Asked Questions

  • When was Husky Energy founded?

    Husky Energy was founded in 1938.

  • Who are Husky Energy key executives?

    Husky Energy's key executives are Jeff Hart, Stephen E. Bradley and Victor T.k. Li.

  • How many employees does Husky Energy have?

    Husky Energy has 5,157 employees.

  • What is Husky Energy revenue?

    Latest Husky Energy annual revenue is C$22.6 b.

  • What is Husky Energy revenue per employee?

    Latest Husky Energy revenue per employee is C$4.4 m.

  • Who are Husky Energy competitors?

    Competitors of Husky Energy include BP, Suncor Energy and Cenovus Energy.

  • Where are Husky Energy offices?

    Husky Energy has an office in Calgary.

  • How many offices does Husky Energy have?

    Husky Energy has 3 offices.