Transcription of Focus - huskyenergy.com
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Focus - huskyenergy.com
Annual report 2017 FocusOverview01 Results02 report to Shareholders04 Message from the CEO06 2017 Highlights08 Business Results10 Operations14 Environment, Social and Governance15 Process and Occupational Safety16 Innovation and TechnologyFinancial17 Management s Discussion and Analysis80 Consolidated Financial Statements and Notes133 Supplemental Financial and Operating Information142 Advisories144 Corporate Information145 Investor InformationCorporate ProfileHusky Energy is an integrated oil and gas company based in Calgary, Alberta and its common shares are publicly traded on the Toronto Stock Exchange under the symbol HSE. The Company operates in Canada, the United States and the Asia Pacific region with Upstream and Downstream business has two businesses: Integrated CorridorThe Integrated Corridor includes the production of thermal bitumen, natural gas and associated liquids in Western Canada, the Lloydminster upgrading and refining complex, a 35 percent working interest and operatorship of Husky Midstream Limited Partnership, and the Lima, Superior and Toledo refineries in the Midwest.
Report to Shareholders Net debt was reduced from $4 billion at the end of 2016 to $2.9 billion at the end of 2017, well below the target of less than two times net debt to funds from
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