Advertisement
Canada markets closed
  • S&P/TSX

    22,308.93
    -66.90 (-0.30%)
     
  • S&P 500

    5,222.68
    +8.60 (+0.16%)
     
  • DOW

    39,512.84
    +125.08 (+0.32%)
     
  • CAD/USD

    0.7317
    +0.0006 (+0.08%)
     
  • CRUDE OIL

    78.20
    -1.06 (-1.34%)
     
  • Bitcoin CAD

    83,298.22
    -2,599.61 (-3.03%)
     
  • CMC Crypto 200

    1,264.18
    -93.83 (-6.91%)
     
  • GOLD FUTURES

    2,366.90
    +26.60 (+1.14%)
     
  • RUSSELL 2000

    2,059.78
    -13.85 (-0.67%)
     
  • 10-Yr Bond

    4.5040
    +0.0550 (+1.24%)
     
  • NASDAQ

    16,340.87
    -5.40 (-0.03%)
     
  • VOLATILITY

    12.55
    -0.14 (-1.10%)
     
  • FTSE

    8,433.76
    +52.41 (+0.63%)
     
  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     
  • CAD/EUR

    0.6789
    +0.0011 (+0.16%)
     

Husky Energy swings to quarterly loss on impairment charge

(Reuters) - Husky Energy <HSE.TO> on Wednesday posted a quarterly loss compared with a year-ago profit, and recorded impairments of C$1.1 billion ($788.76 million) related to its production assets as a fall in oil prices eroded their value.

Net loss stood at C$1.71 billion, or C$1.71 per share, for the quarter ended March 31, compared with a profit of C$328 million, or 32 Canadian cents per share, last year.

(Reporting by Arundhati Sarkar in Bengaluru; Editing by Devika Syamnath)