EQNR - Equinor: Low Commodity Prices A Drag But Company Should See Strong Growth In 2020
On Thursday, February 6, 2020, Norwegian oil and gas giant Equinor ASA (EQNR) announced its fourth-quarter 2019 earnings results. At first glance, these results appeared to be very disappointing, as the company failed to meet the expectations of its analysts in terms of top line revenues and reported a net loss during the quarter. This was not entirely unexpected though, as the weak energy price environment has been having a negative impact on the financial performance of the companies in the industry, which we have seen in the results of pretty much every