- Equinor recently entered into a deal to purchase the Statfjord field stake owned by Spirit Energy.
- This will have only a relatively small impact on the company's growth going forward but the overall growth story remains intact.
- The global demand for energy is expected to grow going forward, which will allow Equinor to sell its incremental production.
- The company appears to be substantially undervalued at its current level relative to its peers.
- The company may be worth considering as an investment prospect.
For further details see:
Equinor: Centrica Deal Supports Overall Growth Strategy, Company Appears Undervalued