EQNR News and Press, Equinor ASA From 10/19/22

Summary Oil prices could be higher for longer. Demand continues to grow globally, despite the short-term impact of the pandemic. Supply is constrained, due to ESG mandates, regulation, and underinvestment in new production. OPEC has shown it's willing to do what is needed to k...

Equinor ( NYSE: EQNR ) is considering buying U.K. offshore oilfield assets from China's CNOOC ( OTCPK:CEOHF ) for 20B-30B Norwegian crowns ($1.9B-$2.8B), with the aim of completing a deal before the end of the year, Norway's Dagens Naeringsliv newspaper reported Mond...

Summary The traditional energy sector has been one of the few to deliver positive performance in 2022. BGR offers investors a way to easily obtain a portfolio of energy companies and generate a 5.99% yield. The fund is somewhat heavily concentrated in only a few names, which p...

Equinor ( NYSE: EQNR ) said Thursday it produced first oil at its new platform at the Peregrino field offshore Brazil, as the company aims to ramp up production and reduce emissions in the area. The Peregrino field is made up of phase 1, which consists of a floating prod...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips As of yesterday’s close, the S&P 500 had tumbled more than 25% in 2022. This year will be one of the worst for the S&P ever. While it’s not easy putting money into the markets when investors’ ...

Summary Equinor is a large European energy company owned mainly by the Norwegian government. The company pays dividends, yet like most European companies they are not as consistent as American dividends. The company is still a decent way to achieve better diversification in yo...

Equinor ( NYSE: EQNR ) ( OTCPK:STOHF ) appointed Torgrim Reitan as CFO and executive vice president, effective Oct. 6. Reitan succeeds Ulrica Fearn who is leaving the company to pursue a CFO opportunity elsewhere, the Norway-based company said i...

Summary I again take BP to task for relentless pursuit of clean energy investments that have no sure payback. I maintain my strong sell in spite of a recently raised dividend that is safe-covered by cash flow at current oil prices. I offer a similarly priced alternative for yo...

Summary If you adhere to the rules of the Cash Management Discipline, you build positions in very small increments. That and judicious use of hedging will help you surf the ups and downs of this volatile stock market. I have been trading in and out of my oil favorites in my tr...

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...