Husky Energy is taking additional steps to improve its resilience through the extended low commodity price environment.

'We continue to take decisive action in this period of persistent supply-demand imbalance,' said CEO Asim Ghosh. 'These actions are in line with the principles we have established, namely, balancing capital spending with cash flow and maintaining a strong balance sheet. Our fundamental goal remains unchanged - the steps we are taking will see Husky emerge from this cycle as a more resilient and more profitable company.'

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