EQNR - Equinor: A European Energy Play With A Potential Upside (Rating Upgrade)

2024-03-18 05:25:15 ET

Summary

• Equinor is a leading Norwegian energy company with a strong track record and solid financial fundamentals.
• The company is focused on transitioning to a more sustainable and low-carbon future, with targets for increased renewables capacity and reduced emissions.
• While there are risks associated with the renewables sector, Equinor's valuation and potential upside make it an attractive investment opportunity.

Dear readers/followers,

This is not my first article on Equinor ( EQNR ). It's a follow-up on a piece I in fact wrote almost two years ago.

You can find that article here , but you'll notice that I at the time went "HOLD" on a company that was thought to then outperform (which it also did, momentarily), only to then move more or less in accordance with my expectations for the next few years. The RoR for Equinor since that article now looks like this....

For further details see: