Equinor(EQNR)
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Equinor (EQNR) Moves to Strong Buy: Rationale Behind the Upgrade
ZACKS· 2025-01-15 18:00
Core Viewpoint - Equinor (EQNR) has received a Zacks Rank 1 (Strong Buy) upgrade, indicating a positive outlook driven by rising earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system emphasizes the importance of earnings estimate revisions, which are strongly correlated with near-term stock price movements [4][6]. - For Equinor, the recent upgrade reflects an improvement in the company's underlying business, suggesting that investor sentiment may lead to a higher stock price [5][10]. Earnings Estimate Revisions - For the fiscal year ending December 2024, Equinor is projected to earn $3.36 per share, representing a 2% decrease from the previous year's reported figure. However, the Zacks Consensus Estimate has increased by 1.4% over the past three months [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - Equinor's upgrade to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [9][10].
Best Value Stocks to Buy for January 15th
ZACKS· 2025-01-15 15:41
Here are three stocks with buy rank and strong value characteristics for investors to consider today, January 15th: Equinor (EQNR) : This company which, is one of the premier integrated energy companies in the world, with operations spreading across 30 countries, carries a Zacks Rank #1(Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.8% over the last 60 days.Equinor has a price-to-earnings ratio (P/E) of 7.63 compared with 9.00 for the industry. The co ...
Equinor: Stepping On The Gas In 2025
Seeking Alpha· 2025-01-10 11:37
Against the backdrop of strong recent performance in European natural gas prices, in 2025 we initiate coverage on Norwegian oil & gas major Equinor (NYSE: EQNR ) with an Overweight rating. With a colder than expected start to the winter season inAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving ...
3 Dividend Stocks That Are Too Cheap to Ignore and Worth Buying in 2025
The Motley Fool· 2025-01-08 12:30
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. However, there are plenty of opportunities to find quality companies at compelling valuations if you know where to look.These three Fool.com contributors pegged 3M (MMM 1.90%), Essential Utilities (WTRG -0.48%), and Equinor (EQNR 3.52%) as standout dividend stocks to buy in 2025. By inves ...
Equinor May Be Main Beneficiary From Emerging European Energy Crisis
Seeking Alpha· 2025-01-07 15:41
Investment thesis: European natural gas inventories have declined dramatically in the past two months. The end of Russian gas flows through Ukraine at the start of January will worsen matters, given that 5% of total EU supplies flowed through there. Equinor (Analyst’s Disclosure: I/we have a beneficial long position in the shares of EQNR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other ...
Equinor's Troll Field Powers Europe With Record Gas Output in 2024
ZACKS· 2025-01-07 12:55
Equinor ASA’s (EQNR) Troll field in the North Sea has achieved a milestone, delivering a record-breaking 42.5 billion standard cubic meters (bcm) of natural gas in 2024. This represents an almost 10% rise from its prior peak of 38.8 bcm in 2022, further cementing its position as a key pillar of Europe's energy infrastructure.Kjetil Hove, Equinor's executive vice president for Exploration & Production Norway, emphasized the importance of this milestone, noting that the Troll field continues to play a vital r ...
Equinor Completes 10% Stake Acquisition in Orsted for $2.3B
ZACKS· 2024-12-27 13:21
Equinor ASA (EQNR) , the Norwegian energy giant, has successfully completed its acquisition of a 10% shareholding in Denmark-based Orsted, a move initially announced on Oct. 7, 2024. This development solidifies Equinor’s standing as the second-largest shareholder in Orsted, following the Danish State, which maintains a controlling stake.The final acquisition was executed after obtaining necessary approvals under applicable Foreign Direct Investment regulations. To reach the 10% mark, an additional 0.2% stak ...
Equinor Joins Forces With Bergen Tankers for Low-Emission Hybrid Ships
ZACKS· 2024-12-26 13:25
Core Insights - Equinor ASA has signed a long-term time charter agreement with Bergen Tankers to acquire two electric hybrid oil and chemical tankers, emphasizing its commitment to sustainability and reducing maritime emissions [7] - The vessels will feature electric hybrid controllable pitch propeller propulsion systems, designed for optimal efficiency, reduced energy consumption, and lower emissions, with adaptability to alternative fuels [1][3] - This initiative aligns with Equinor's broader sustainability goals, reinforcing its leadership in low-carbon maritime solutions [4] Company and Industry Overview - Bergen Tankers specializes in transporting refined oil products, chemicals, and LNG, with operations focused along the Norwegian coast, North Sea, and parts of the Baltic region [8] - The construction of the tankers will be carried out by Zhoushan Dashenzhou Shipbuilding in China, with each vessel having a capacity of 6,500 deadweight tons [3] - Investors may consider other energy sector stocks such as TechnipFMC plc, Oceaneering International, Inc., and Nine Energy Service, which have favorable Zacks rankings [5][10][11]
Equinor Merges UK Offshore Wind Projects for Cost Efficiency
ZACKS· 2024-12-18 13:41
Core Viewpoint - Equinor ASA and its partners are merging the Sheringham Shoal and Dudgeon offshore wind farm extension projects in the UK to enhance synergies, reduce risks, and optimize generation and transmission capabilities [1][5]. Project Overview - The Sheringham Shoal (317 MW) and Dudgeon (402 MW) wind farms currently supply electricity to approximately 710,000 homes in the UK, with the extensions expected to add 719 MW of capacity, potentially powering nearly 1.5 million homes [2]. - Development consent for both projects was granted in April 2024, allowing for either single or joint development [3]. Economic and Environmental Impact - The merger is projected to contribute over GBP 370 million in direct gross value to the East Anglia region and the broader UK economy [3]. - The unified ownership structure aims to enable cost-effective development while minimizing environmental and local impacts in Norfolk [3][6]. Ownership Structure and Stakeholders - The Dudgeon extension is owned by Equinor (35%), Masdar (35%), and China Resources Power (30%), while Equinor fully owns the Sheringham Shoal extension [4]. - Equitix Offshore 3 Limited and Macquarie Asset Management hold options to acquire a 60% stake in the Sheringham Shoal extension at the final investment decision (FID) [4]. Strategic Approach - Equinor is applying its oil and gas unitization expertise to enhance competitiveness and efficiency in renewable energy development [5]. - The integration of the projects into a single legal entity is subject to regulatory approvals, aligning with the UK's clean power ambitions by 2030 [6].
Equinor ASA: Share buy-back
Globenewswire· 2024-12-17 07:00
Please see below information about transactions made under the fourth tranche of the 2024 share buy-back programme for Equinor ASA (OSE:EQNR, NYSE:EQNR, CEUX:EQNRO, TQEX:EQNRO). Date on which the fourth tranche of the 2024 programme was announced: 24 October 2024. The duration of the fourth tranche of the 2024 programme: 25 October to no later than 31 January 2025. Further information on the tranche can be found in the stock market announcement on its commencement dated 24 October 2024, available here: http ...