Description
SWOT ANALYSIS OF HUSKY ENERGY

Husky Energy

Parent Company

Husky Energy

Category

Oil and Gas

Sector

Energy

Tagline/ Slogan

Building momentum

USP

One of Canada's largest integrated energy companies STP

Corporates, countries looking to fulfill energy needs and individuals in Western Canada, the Atlantic Region, offshore China, and the Asia Segment Pacific Region

Enterprises looking to produce energy, people who depend on petrol, diesel for vehicles and gas for domestic uses in more than 20 Target Group countries

Publicly.held integrated international energy related company for exploration and production of crude oil ,natural gas and production Positioning and marketing of petroleum products SWOT Analysis

1.Employs approximately 5,200 people and has strong assets 2. Integrated international energy and energy related company which has upstream, midstream, and downstream businesses operating from Western Canada 3.Strong reserves of the company added with a high reserves replacement ratio could result in high levels of production and improved top.line performance 4.Strong and expanding retail network gives Husky a competitive advantage Strength 5.Technological innovation, prudent investment, sound project

management and responsible resource development

1.Husky's global presence is limited with major revenues coming from operations in North America 2.Excessive Dependence on joint venture partners for execution of Weakness various projects

1.Strategic initiatives to accelerate near term production and reserve growth in Sunrise energy project 2.Focus on gas assets with the developments of the Liwan and the Opportunity Madura projects.

1. Industry is highly competitive with respect to gaining access to the resources required to increase oil and gas reserves and production and to gain access to markets 2.Company's businesses are subject to numerous laws and regulations relating to the protection of the environment 3.Husky's businesses are subject to inherent operational risks and hazards in respect of safety and the environment that require Threats continuous vigilance Competition

1.BP Plc 2.Canadian Natural Resources Ltd 3.Chevron Corporation 4.Devon Energy Competitors 5.EnCana Corporation



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