Husky Energy Inc. operates in the Crude petroleum and natural gas sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Husky Energy Inc. with three other
companies in this sector in CANADA :
Ovintiv Inc
(2019
sales of 9.38 billion Canadian Dollars [US$6.67 billion]
of which 61%
was USA Operations),
Canadian Natural Resources Ltd
(22.87 billion Canadian Dollars [US$16.27 billion]
of which 48%
was Oil Sands Mining and Upgrading), and
Cenovus Energy Inc
(20.18 billion Canadian Dollars [US$14.35 billion]
of which 52%
was Refining and Marketing).
Sales Analysis.
Husky Energy Inc. reported sales of C$19.98 billion (US$14.21 billion)
for the
year ending
December of 2019.
This
represents
a
decrease of 10.2%
versus 2018, when the company's sales were C$22.25 billion.
Contributing to the drop in overall sales was the 15.5% decline
in Downstream-U.S. Refining and Marketing, from C$11.77 billion to C$9.94 billion.
There were also decreases in sales in
Downstream-Refined Products (down 8.5% to C$3.12 billion)
.
However, these declines were partially offset by the increase in sales of
Upstream-Exploration and Production (up 14.5% to C$4.96 billion)
and
Upstream - Infrastructure and Marketing (up 5.9% to C$2.34 billion)
and
Downstream- Upgrading (up 1.5% to C$1.78 billion)
.