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EQNR News and Press, Equinor ASA From 06/02/22

Stock Information

Company Name: Equinor ASA
Stock Symbol: EQNR
Market: NYSE
Website: equinor.com

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EQNR - Equinor: A Bridge To The Renewable Energy Revolution

Equinor is well positioned to benefit from the hydrocarbon supply disruptions stemming from Russia's invasion of Ukraine. With 2023 global natural gas futures trading at record levels, EQNR has a high degree of intermediate-term EPS growth visibility. Equinor continues to boost it...

EQNR - White House considering proposal to tax oil and gas "windfall" profits

Deputy Director of the National Economic Council, Ramamurti, told the Press Thursday that the White House is considering a "windfall" profits tax for US oil (USO) and gas (UNG) producers (XLE). The news follows a similar tax announcement in the UK, and proposal in the US&#...

EQNR - Valaris hit with drillship contract termination

Valaris (NYSE:VAL) said Wednesday that Equinor (EQNR) delivered a termination notice for the drilling contract that had been awarded to its DS-11 drillship, effective at the end of June. Valaris (VAL) said its $2.5B total contract backlog as of May 2 included $428M related to the DS-11 contra...

EQNR - Oceaneering Expects To Offset Q1 Results For Better Full-Year 2022

Oceaneering International is a $1.3 billion market cap energy service company known for its subsea expertise and fleet of remotely operated vehicles. Like most in the oilfield service sector, the company weathered a very rocky 2019-2021 and incurred high costs in 1Q22 to train and gea...

EQNR - Buy Undervalued Norway, Europe's New Energy Powerhouse

Many nations in Europe blundered when electing to depend solely upon Russia for essential energy. Are they forever to pay for this costly error to survive or are there alternatives? There are more than one. But Norwegian energy is right in their own backyard, meaning faster an...

EQNR - 7 Undervalued Large-Cap Stocks to Buy for June

InvestorPlace - Stock Market News, Stock Advice & Trading Tips The stock market is in turmoil as investors seek the best undervalued large-cap stocks. The U.S. facing its highest inflationary pressure in roughly four decades. Moreover, the escalation of geopolitical tensions hasn...

EQNR - Oil majors little hurt by U.K. windfall tax but energy transition plans at risk

Analysts say the U.K.'s new 25% windfall tax on profits from oil and gas production will barely hurt integrated energy majors such as BP (NYSE:BP) and Shell (NYSE:SHEL) but will whack smaller North Sea producers that earn all of their revenue in the U.K. Harbour Energy (OTCPK:PMOIF), EnQ...

EQNR - Before You Buy Any Oil Stocks, Read This

Love it or hate it, oil is a lifeline to international trade. In turn, it provided incredible economic growth and investment opportunities around the world. The largest emitters in the oil and gas world are the world's integrated producers. The annual carbon tax liability is in th...

EQNR - Equinor LNG plant resumes operation after 20-month outage

Equinor (NYSE:EQNR) said on Friday it has resumed operations at its Hammerfest liquefied natural gas plant in Norway and is preparing to restart LNG production, following a 20-month outage due to a fire in September 2020. The restart is welcome news for the natural gas market, which is search...

EQNR - TechnipFMC scores new contract for Equinor's Halten East project

TechnipFMC (NYSE:FTI) +4.4% in Thursday's trading, challenging YTD highs, after Equinor (EQNR) awarded it a "significant" contract for engineering, procurement, construction and installation for the Halten East project off the coast of Norway. TechnipFMC (FTI) ranks a "significant" contr...

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