Husky Energy Reports 2010 First Quarter Results

Husky Energy Inc. (TSX:HSE) announced net earnings in the first quarter of 2010 of $345 million or $0.41 per share (diluted), compared to $328 million or $0.39 per share (diluted) in the same period of 2009.

The press release is quoted as saying:

The Company’s net debt, including the current portion and bank operating loans at March 31, 2010 was $3.34 billion compared with $2.84 billion at December 31, 2009. At March 31, 2010, debt to cash flow and debt to capital employed ratios were 1.4 times and 21 percent respectively.

Click here to access the entire press release

Click here to access Husky Energy Corporate Site