In upgrading the long-term rating, Standard & Poor’s based its decision on Husky's recent start of production at White Rose and the company’s very good internal growth prospects, competitive full-cycle cost profile, and consistently moderate financial risk profile.
“We are pleased that Standard & Poor’s has recognized the company's strong financial and operational performance,” said Lau. “By maintaining our focus on financial discipline, together with strong oil prices and growth in Husky's high-quality diversified asset portfolio, we believe the company’s financial and operational performance will continue to improve.”
Husky Energy is a Canadian-based, integrated energy and energy-related company headquartered in Calgary, Alberta. Husky Energy is publicly traded on the Toronto Stock Exchange under the symbol HSE.
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