STOHF - Equinor: Continuing To Show That It Is A Cash Flow Machine

• Equinor saw its performance negatively impacted by the low oil price environment.
• The company managed to produce production growth YOY, which was largely expected.
• This production growth is likely to continue going forward and this will help offset some of the impact from the lower energy prices.
• The firm's renewable energy segment swung to a profit, which was very nice given the struggles with its traditional business.
• Equinor generated a sizable amount of free cash flow, allowing it to be one of the few oil companies that managed to actually increase its dividend this year.

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