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.
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These numbers are important to see if the stocks are currently making shareholders money or costing them. Currently the P/E ratio for HSE is “N/A” (Infomart). Since this is a long-running business, this means that the company’s price to earnings is currently running a deficit and is not accepted by the financial workers, thus, not shown (MacEachern). This makes it very unfavorable for the buyer to get into the company currently as they would not be earning money in their investment. This should not completely deter a buyer though.
The revenue of the business is a good area to consider. A look into the businesses gross profit can show how the business is fairing in the market place. As of September 30, 2015, Husky Energy’s operating revenue is above 18.2 billion dollars for the year (Infomart). What is concerning about this number is how much worse they did compared to 2014 numbers: over six billion less than the previous year (Infomart). This is worth noting as the price of oil and gas has dropped with the fallen market and revenue is bound to be lower. This often occurs in correlation with the share price change over the
An important place …show more content…
These numbers are important to see if the stocks are currently making shareholders money or costing them. Currently the P/E ratio for HSE is “N/A” (Infomart). Since this is a long-running business, this means that the company’s price to earnings is currently running a deficit and is not accepted by the financial workers, thus, not shown (MacEachern). This makes it very unfavorable for the buyer to get into the company currently as they would not be earning money in their investment. This should not completely deter a buyer though.
The revenue of the business is a good area to consider. A look into the businesses gross profit can show how the business is fairing in the market place. As of September 30, 2015, Husky Energy’s operating revenue is above 18.2 billion dollars for the year (Infomart). What is concerning about this number is how much worse they did compared to 2014 numbers: over six billion less than the previous year (Infomart). This is worth noting as the price of oil and gas has dropped with the fallen market and revenue is bound to be lower. This often occurs in correlation with the share price change over the