Analysis Of Husky Energy Inc. Essay

774 Words Nov 16th, 2015 4 Pages
Husky Energy Inc. is a publically traded company found on the Toronto Stock Exchange (TSX) (Infomart). They are a large scale business that provides energy to various areas of the world, but are most known for their oil and gas endeavours in North America. This makes the business extremely lucrative at times, but it can also change very quickly. Studying the volatile business is key in making an educated and informed decision on whether the business is a good or bad investment. This needs to study current share pricing against last year’s pricing, the price to earnings ratio, revenue, and market capitalization. Only after finding the information about Husky Energy can we decide whether or not to buy shares in the business.
An important place to study and understand is the share pricing. A potential shareholder must look at the current pricing versus the pricing of the last quarter, year, etc. and the trends that have happened. Recently, Husky Energy Inc. had been facing hard times of late with the recent fall of gas and oil prices, but are currently on the rebound, now at $17.81 per share, up from the low of $16.80 less than a month ago (Infomart). This is notable however as it much lower than the 52-week high of $29.48 on February 2, 2015 (Infomart). This displays the significant fall of the market over the past year. As the buyer, it is important to also know additional information on the oil and gas sector to see how Husky Energy Inc.’s numbers are comparing to the rest…

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