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CALGARY, Alberta, Feb. 09, 2021 (GLOBE NEWSWIRE) -- Husky Energy Inc., a wholly-owned subsidiary of Cenovus Energy Inc., will be filing today its 2020 fourth quarter and annual audited consolidated financial statements, Management’s Discussion & Analysis and Annual Information Form with Canadian securities regulatory authorities. These documents will be available on SEDAR at sedar.com and on the Husky website at huskyenergy.com . Husky will also be filing today its Annual Report on Form 40-F...

CALGARY, Alberta, Jan. 04, 2021 (GLOBE NEWSWIRE) -- Husky Energy is pleased to announce the transaction to strategically combine with Cenovus Energy has closed. The transaction was completed through a definitive arrangement agreement announced on October 25, 2020 under which Cenovus and Husky agreed to combine in an all-stock transaction. Pursuant to the transaction agreement, Husky common shareholders received 0.7845 of a Cenovus common share and 0.0651 of a Cenovus common share purchase...

CALGARY, Alberta, Dec. 21, 2020 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) and Husky Energy Inc. (TSX: HSE) are pleased to announce they have obtained all of the key regulatory approvals required in connection with the previously announced combination of Cenovus and Husky pursuant to a plan of arrangement under the Business Corporations Act (Alberta). Subject to the satisfaction of customary closing conditions, the transaction is anticipated to formally close on January 1,...

CALGARY, Alberta, Dec. 16, 2020 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) and Husky Energy Inc. (TSX: HSE) are pleased to announce the Court of Queen’s Bench of Alberta has issued a final order approving the previously announced Plan of Arrangement to combine the two companies. The court’s approval follows separate votes held on December 15, 2020 in which Cenovus common shareholders and Husky common shareholders, optionholders and preferred shareholders supported the...

CALGARY, Alberta, Dec. 15, 2020 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) and Husky Energy Inc. (TSX: HSE) are pleased to announce that securityholders from both companies have voted to support the proposed transaction, announced October 25, 2020 , to combine the two companies into a resilient integrated energy leader. On December 15, 2020, Cenovus and Husky held separate special shareholder meetings via live webcast. Each company’s securityholders, respectively, voted on...

CALGARY, Alberta, Nov. 20, 2020 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) and Husky Energy Inc. (TSX: HSE) are pleased to announce the executive leadership team that is expected to lead the combined company created through the strategic combination of Cenovus and Husky announced on October 25, 2020. “We believe it is important to move forward and establish the leadership team for the combined company to ensure we are well-positioned to begin capturing the synergies of this...

CALGARY, Alberta, Nov. 16, 2020 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) and Husky Energy Inc. (TSX: HSE) announce they have filed a joint management information circular dated November 9, 2020 and related meeting and proxy materials, which will be mailed to Cenovus common shareholders and to Husky common shareholders, preferred shareholders and optionholders in connection with the proposed plan of arrangement to create a resilient integrated energy leader. Cenovus and...

CALGARY, Alberta, Oct. 29, 2020 (GLOBE NEWSWIRE) -- Husky Energy’s Board of Directors has approved a quarterly dividend of $0.0125 (Cdn) per common share for the three-month period ended September 30, 2020. The dividend will be payable on January 4, 2021 to shareholders of record at the close of business on December 1, 2020. Regular dividend payments on each of the Cumulative Redeemable Preferred Shares – Series 1, Series 2, Series 3, Series 5 and Series 7 – will be paid for the...

This news release contains references to the non-GAAP financial measures “funds from operations”, “free cash flow”, “net debt”, “operating margin”, and “net debt to trailing funds from operations”. Please refer to “Non-GAAP Measures” at the end of this news release. CALGARY, Alberta, Oct. 29, 2020 (GLOBE NEWSWIRE) -- Husky Energy (TSX: HSE) recorded funds from operations of $148 million in the third quarter. Cash flow from operating activities was $79 million, including...

CALGARY, Alberta, Oct. 25, 2020 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) and Husky Energy Inc. (TSX: HSE) today announced a transaction to create a new integrated Canadian oil and natural gas company with an advantaged upstream and downstream portfolio that is expected to provide enhanced free funds flow generation and superior return opportunities for investors. The companies have entered into a definitive arrangement agreement under which Cenovus and Husky will combine in...

CALGARY, Alberta, Oct. 15, 2020 (GLOBE NEWSWIRE) -- Husky Energy will release its third quarter 2020 results before markets open on Thursday, October 29, 2020. A conference call will be held the same day beginning at 10 a.m. Mountain Time (12 p.m. Eastern Time). CEO Rob Peabody, CFO Jeff Hart and other members of the senior executive team will participate in the call. To listen live : Canada and U.S. Toll Free: 1-800-319-4610 Outside Canada and U.S.: 1-604-638-5340 To listen to a recording...

CALGARY, Alberta, Sept. 29, 2020 (GLOBE NEWSWIRE) -- Husky Energy (TSX:HSE) today announced commissioning is complete at the third field at the Liwan Gas Project offshore China. As a result of strong cooperation between Husky and its long-time partner CNOOC, the seven-well Liuhua 29-1 project was completed safely, ahead of schedule and $100 million below budget despite the COVID-19 pandemic and associated global economic volatility. First gas is expected to be delivered to end users starting in...

CALGARY, Alberta, Sept. 09, 2020 (GLOBE NEWSWIRE) -- Husky Energy (TSX:HSE) today announced a review of the West White Rose Project in the Atlantic region. The review follows the suspension of major construction activities in March due to the COVID-19 pandemic and the Company’s capital re-prioritization following the global economic downturn. “A full review of scope, schedule and cost of this project is critical, given the minimum one-year delay to first oil caused by COVID-19, and our...

CALGARY, Alberta, Sept. 02, 2020 (GLOBE NEWSWIRE) -- Husky (TSX: HSE) has achieved first oil at the Spruce Lake Central thermal project in Saskatchewan and is moving towards startup of the Liuhua 29-1 field at the Liwan Gas Project. Spruce Lake Central, Husky’s sixth 10,000-barrel-per-day thermal bitumen project since 2015, has been completed safely, on schedule and on budget with enhanced COVID-19 health protocols in place. In the Asia Pacific region, the tie-in of the Liuhua 29-1 field at...

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, Aug. 05, 2020 (GLOBE NEWSWIRE) -- Husky Energy (TSX: HSE) has agreed to issue pursuant to a public offering $1.25 billion Cdn of notes, which will mature on February 7, 2028 (the “2028 Notes”). The 2028 Notes have a coupon of 3.50% and have been rated BBB(high) with a negative trend by DBRS Limited, BBB by Standard & Poor’s, a division of S&P Global Inc., and Baa2 by Moody’s...

CALGARY, Alberta, Aug. 04, 2020 (GLOBE NEWSWIRE) -- Husky Energy today released its 2020 ESG Report, including a GHG emissions intensity reduction target of 25% by 2025 and a gender diversity target of 25% women in senior leadership roles. The report also addresses Husky’s aspiration to be net zero by 2050. Additional highlights of Husky’s 2019 ESG performance include: Improved safety performance, including achievement of Husky’s lowest Total Recordable Injury Rate to date, and a 55%...

CALGARY, Alberta, July 30, 2020 (GLOBE NEWSWIRE) -- Husky Energy’s Board of Directors has approved a quarterly dividend of $0.0125 (Cdn) per common share for the three-month period ended June 30, 2020. The dividend will be payable on October 1, 2020 to shareholders of record at the close of business on September 1, 2020. Regular dividend payments on each of the Cumulative Redeemable Preferred Shares – Series 1, Series 2, Series 3, Series 5 and Series 7 – will be paid for the three-month...

This news release contains references to the non-GAAP financial measures “funds from operations”, “free cash flow”, “net debt”, “operating margin”, “sustaining capital”, “net debt to trailing funds from operations” and “refining and marketing margin”. Please refer to “Non-GAAP Measures” at the end of this news release. CALGARY, Alberta, July 30, 2020 (GLOBE NEWSWIRE) -- Husky Energy recorded funds from operations of $18 million in the second quarter. Cash flow...

CALGARY, Alberta, July 16, 2020 (GLOBE NEWSWIRE) -- Husky Energy will release its second quarter 2020 results before markets open on Thursday, July 30, 2020. A conference call will be held the same day beginning at 9 a.m. Mountain Time (11 a.m. Eastern Time). CEO Rob Peabody, CFO Jeff Hart and other members of the senior executive team will participate in the call. To listen live: Canada and U.S. Toll Free: 1-800-319-4610 Outside Canada and U.S.: 1-604-638-5340 To listen to a recording (after 10...

CALGARY, Alberta, June 17, 2020 (GLOBE NEWSWIRE) -- Husky Energy (TSX: HSE) announces that 212,461 Cumulative Redeemable Preferred Shares, Series 7 (Series 7 Shares) were tendered for conversion, which is less than the one million shares required to give effect to conversion into Cumulative Redeemable Preferred Shares, Series 8 (Series 8 Shares). As a result, none of the Series 7 Shares will be converted into Series 8 Shares on June 30, 2020. Investor and Media Inquiries: Leo Villegas, Senior...