Equinor ASA (EQNR) , a Norwegian integrated energy firm, has taken a major step toward the development of its Bay du Nord oil project in Canada. The company has awarded pre-FEED (pre-Front End Engineering and Design) study contracts to two firms — BW Offshore and Altera Infrastructure — for a floating production storage and offloading (FPSO) vessel that will be deployed for the Bay du Nord oil project. The Bay du Nord discovery made by Equinor is anticipated to hold around 300 million barrels of high-qualit ...

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].

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 ...

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 ...

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 ...

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 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 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 ...

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 ASA (EQNR) and its partners have announced plans to merge the Sheringham Shoal and Dudgeon offshore wind farm extension projects in the UK under a unified joint ownership structure. The Norwegian energy giant stated that this move is aimed at unlocking synergies, mitigating risks, and optimizing generation and transmission capabilities.The projects, located off Norfolk’s coast, are extensions of the existing Sheringham Shoal (317 MW) and Dudgeon (402 MW) wind farms, which collectively supply electri ...