2024-04-17 07:01:00 ET
Summary
- Equinor has shown outperformance, rising 5% while the market has gone negative, indicating its potential value.
- Equinor has an AA credit rating and low long-term debt/leverage, making it an attractive investment.
- The company is accelerating its move into the renewable sector and has plans to increase its renewable capacity significantly. However, due to valuation, I view the company as a "HOLD".
Dear readers/followers,
It hasn't been all that long since my last article on Equinor ( OTCPK:STOHF ) in March - but the company is worth your attention at this time nonetheless. It has an attractive yield, and at the right valuation, and right investment perspective and entry, an excellent upside.
Since I last posted my piece on Equinor, a piece which by the way you can find here , the company has shown us outperformance, rising 5% while the market has gone negative. While this is not a major move, I believe that this shows us how cheaply valued Equinor can be considered as being when I last wrote about it - and that it no longer is that cheap as things stand here....
Read the full article on Seeking Alpha
For further details see:
Equinor: Outperformance Since My Last Piece - Downgrading To 'Hold'