Husky Energy Sees Profit Decrease Year-Over-Year

Husky Energy is seeing a decrease in profit year-over-year.

In their second-quarter report, released on Thursday, the oil company notes they earned $370 million from April to June.

This is down from the $448 million they earned in the same period in 2018.

They did, however, increase their profits from the first quarter where they brought in $328 million.

Husky was also able to produce 340,000 barrels per day.

Their Sunrise Energy site, located 60 km northeast of Fort McMurray, averaged over 45,000 bbls/d.

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