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Company News

Husky Energy posts quarterly loss on C$2.3 bln in charges

Feb 27 (Reuters) - Oil producer Husky Energy Inc reported a quarterly loss, compared with a year-earlier profit, hit by charges of C$2.3 billion.

Husky reported a net loss of C$2.3 billion ($1.73 billion) in the fourth quarter ended Dec. 31, compared with net earnings of C$216 million a year earlier.

Average quarterly production rose to 311,300 barrels of oil equivalents per day (boepd) from 304,300 boepd.

$1 = 1.3286 Canadian dollars Reporting by Shradha Singh in Bengaluru; Editing by Anil D’Silva

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