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STOHF - It May Get Worse But Shell's On The Right Track
Equinor ASA
Thesis Summary
Markets were hit hard by the COVID-19 pandemic, but few stocks have suffered as much as energy stocks. These companies are facing lower gas/oil prices as well as longer-term demand headwinds. Out of the energy companies, Royal Dutch Shell (RDS.A) has shown financial responsibility and foresight which is why I am bullish long term.
Like most energy companies Shell has seen better days. The company recently reported it would be writing off over $22 billion in assets. To better understand just how Shell operates, I have