Husky Energy

10:17 AM EST - Husky Energy : Is significantly reducing capital expenditures and shutting in negative cash margin production as further measures to strengthen its business given market conditions caused by COVID-19. Husky previously announced 2020 spending reductions of $1 billion, including $900 million in capital expenditures and $100 million in cost-saving measures. 2020 capital expenditures have been cut by about ~50% from December 2019 guidance. Liquidity increased by $500 million to $5.2 billion. Husky Energy shares T.HSE are trading down $0.12 at $3.66.