April 21, 2008 / 9:37 PM / in 10 years

Husky Energy profit jumps on surging oil prices

CALGARY, Alberta, April 21 (Reuters) - First-quarter profit at Husky Energy Inc (HSE.TO) jumped 36 percent despite lower production as crude oil prices surged to record levels, Canada’s No. 3 oil explorer and refiner said on Monday.

Husky said net income climbed to C$887 million ($887 million), or C$1.04 a share, from year-earlier C$650 million, or 77 Canadian cents a share.

$1=$1.01 Canadian Reporting by Jeffrey Jones; Editing by Peter Galloway

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