Why Equinor Stock Sank Today
Investors were hardly energetic about Norwegian energy company Equinor (EQNR -5.37%) on Wednesday. They traded out of the stock to the point where it lost more than 5% of its value.
Equinor ASA (EQNR) Q4 2024 Earnings Call Transcript
Equinor ASA (NYSE:EQNR ) Q4 2024 Earnings Conference Call February 5, 2024 4:00 AM ET Company Participants Bård Glad Pedersen - SVP, IR Jannicke Nilsson - EVP, Safety, Security & Sustainability Torgrim Reitan - EVP and CFO Anders Opedal - President and CEO Irene Rummelhoff - EVP, MMP Conference Call Participants Martijn Rats - Morgan Stanley Biraj Borkhataria - RBC Teodor Sveen Nilsen - SpareBank 1 Markets Lydia Rainforth - Barclays Yoann Charenton - Bernstein John Olaisen - ABG Michele della Vigna - Goldman Sachs Peter Low - Redburn Henri Patricot - UBS Chris Kuplent - Bank of America Bård Glad Pedersen Good morning all. It's a pleasure to welcome you to the Equinor's Capital Market Update and Presentation for 2024.
Equinor cuts renewable energy target due to industry headwinds
Norway's Equinor is reducing its ambitions for developing renewable energy capacity by 2030, it said on Wednesday, the latest move by a European energy company to cut green targets as the market for renewables sours.
Equinor's massive Johan Sverdrup oilfield hit by power outage
Equinor's Johan Sverdrup oilfield in the North Sea has suffered a power outage that is estimated to last for some 8 hours, a regulatory statement posted on the Nord Pool web site showed on Tuesday.
Equinor Extends Contract With Odfjell Drilling for Deepsea Atlantic
EQNR extends its contract with Odfjell Drilling for the Deepsea Atlantic rig until 2027, with options for further extensions up to 2030.
Equinor Awards Pre-FEED Contracts for Bay du Nord FPSO in Canada
EQNR's Bay du Nord project involves several offshore oil discoveries in the Flemish Pass basin. The first discovery in Bay du Nord was made by EQNR in 2013.
Equinor (EQNR) Moves to Strong Buy: Rationale Behind the Upgrade
Equinor (EQNR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Best Momentum Stock to Buy for January 15th
TLN, SHAK and EQNR made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on January 15, 2025.
Best Value Stocks to Buy for January 15th
EQNR, GIII and FHN made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 15, 2025.
Best Income Stocks to Buy for January 15th
RMR, EQNR and FHN made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 15, 2025.
Equinor: Stepping On The Gas In 2025
Equinor looks well positioned to outperform in 2025, driven by likely higher European gas prices while exposure to weaker refining margins remains limited. Forecasted 2025 European gas prices sit ~20-30% below most recent forward prices. At forward pricing, Equinor could exceed EBIT estimates by ~11% on our estimates. By removing ~$1.2B in capex for the Rosebank field, we also believe the recent deconsolidation of its U.K. assets should improve midterm FCF and distribution capacity.
3 Dividend Stocks That Are Too Cheap to Ignore and Worth Buying in 2025
The S&P 500 is coming off of back-to-back years of 20%-plus annual gains for the first time in over 25 years. But corporate earnings haven't grown at the same rate, so many companies' valuations have become more expensive.
