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home / news releases / EQNR - Do Not Play The Oil Recovery Trade With Chevron

EQNR - Do Not Play The Oil Recovery Trade With Chevron

Equinor ASA
  • Beaten industries, such as oil and gas, tourism, airlines, airplane manufacturing will recover swiftly.
  • Sector rotations will be imminent as soon as vaccinations begin to bear fruit and infections growth rate slows and thus movement restrictions ease.
  • Chevron has an incredibly low debt level compared to its peers, but its push to renewables lacks imagination and a vision.
  • On the plus side, Chevron has the Leviathan gas field in the Mediterranean Sea and the Gorgon LNG project in Australia.
  • A large share of unconventional oil production is problematic for Chevron.

For further details see:

Do Not Play The Oil Recovery Trade With Chevron
Stock Information
Company Name: Equinor ASA
Stock Symbol: EQNR
Market: NYSE
Website: equinor.com
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