Husky Energy Stock Analysis

Under the influences of various economic and environmental issues such as the aftermath of Hurricane Katrina and trade dispute with the US, crude oil price raised to a record-high. Fluctuations of crude oil price and high uncertainties of the business environment have been a big concern for investors investing in energy companies. Husky Energy (HE), an Alberta based integrated oil and gas company, is one of the top ten leaders in the industry among Canadian …

…million higher than Talisman and $250 million higher than Suncor. By looking at these two comparisons, HE's performance has excelled above its competitors which is the reason why HE is a more profitable firm to invest in rather than its competitors. Although oil price is subjected to wide fluctuations and uncertainties for the near future, expectation stands that Husky Energy's third quarter results will continue to improve; hence investors are encourage to purchase Husky Energy's shares.