Floating Production Intelligence

Floating Production Intelligence

Husky Energy Profit Rises on Increased Production

July 24, 2014

Floating Production Intelligence LLC.

Husky Energy Inc, Canada's No.3 integrated oil company, reported a 4 percent increase in second-quarter earnings, helped by an 8 percent rise in production.

Net income for the quarter ended June 30 rose to C$628 million ($586 million), or 63 Canadian cents per share, from C$605 million, or 59 Canadian cents per share, in the year-earlier quarter.

Total production rose to 334,000 barrels of oil equivalent per day.

Reporting by Julie Gordon

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Related company: » Husky Energy