Royal Dutch Shell Plc  .com Rotating Header Image

Calagary Sun: Husky Energy muscles past Shell Canada

Buoyed by exploration success, high oil prices and promised growth in the Alberta oilsands, Husky Energy Inc. has vaulted into third spot by market value among Canada’s integrated oil companies, surpassing rival Shell Canada Ltd.

Husky shares have risen by nearly half in the past 12 months, closing yesterday at a record $78.40, up $1.54 on the day.

That gave the company a capitalization of $33.26 billion above the $32.77 billion capitalization of Shell Canada, according to Reuters.

Husky’s rise is also the largest among Canada’s five major petroleum exploration and refining firms, a group that also includes No. 1 Suncor Energy Inc., second-place Imperial Oil Ltd. and Petro-Canada.

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Comment Rules

  • Please show respect to the opinions of others no matter how seemingly far-fetched.
  • Abusive, foul language, and/or divisive comments may be deleted without notice.
  • Each blog member is allowed limited comments, as displayed above the comment box.
  • Comments must be limited to the number of words displayed above the comment box.
  • Please limit one comment after any comment posted per post.