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EQNR - Equinor Remains A Heavily Undervalued Opportunity
Equinor ASA
2024-02-19 11:02:32 ET
Summary
Equinor has consistent share price weakness but has a strong dividend yield and generates massive cash flow, making it a valuable long-term investment.
The company aims to achieve aggressive growth in both its current portfolio and in renewable energy, with a target of over $26 billion in post-tax cash flow from operations.
Equinor plans to reduce emissions substantially but will still primarily be an oil and gas company by 2035.