EQNR News and Press, Equinor ASA From 09/23/22

Equinor ( NYSE: EQNR ) said Friday it entered into a 10-year agreement to sell natural gas to Poland's PGNiG, which eventually will help the country's access to energy following Russia's export cuts. The companies said the deal comprises 2.4B cm/year, corresponding to ~1...

Summary The EU is looking to replace supply of gas from Russia and Norway is being asked to fill some of this gap. Elevated gas prices is a boon for Equinor at this moment. The share price has risen since my buy call back in March of 2019. We look at if it is time to take ...

Summary The Strategic Petroleum Reserve releases by the Biden administration are draining US inventories and artificially depressing prices. Domestic demand has marched steadily higher over the years. We could see a whiplash rebound in prices when SPR releases end in Nove...

Summary As a community, we closed out of our hedges, it is now super-easy to hedge with inverse ETFs. Like any powerful tool, please educate yourself before you use it. I would not be surprised if the market turns buoyant even in the face of the FOMC meeting. Patterns tend to prop...

Summary A company this size is likely to provide a better return with minimal increase in risk than a large company like Equinor. The dividend was recently raised again. Aker BP should be looked at by income investors as a variable distribution entity. Aker, centered in th...

Summary I had no idea that ARM was suing QCOM over IP infringement. I was reading an electronic design newsletter and that's how I found out. Some news outs did carry it, but with the barest details and absolutely no analysis on the impact to the CPU market. I don't think ther...

European energy trading risks grinding to a halt unless governments extend liquidity to cover margin calls of at least $1.5T, Equinor ( NYSE: EQNR ) told Bloomberg on Tuesday, as the continent's energy crisis sucks up capital to guarantee trades amid wild price swings. T...

Summary A friend texted me Friday morning to ask if I felt dumb buying two short positions on Thursday. He was good-naturedly chiding me since Friday the Dow opened higher by 300+ points. By the end of the day, as we now know, it was down a like amount, having tumbled 600 poin...

Equinor ( NYSE: EQNR ) and Wintershall Dea said on Tuesday they will jointly develop carbon capture and storage projects , including a planned 900-km pipeline from northern Germany to storage sites offshore Norway under the North Sea before 2032. The companies said the p...

Summary Revenues and others were $36.46 billion in 2Q'22, up from $17.46 billion in the same quarter a year ago and up slightly sequentially. The 2Q'22 production was 1,984K Boep/d, down from 1,987K Boep/d in the same period in 2021 and down 5.8% sequentially. Gas production was 1...