Statoil receives Investment Bank Analyst Rating Update
Every oil company—from super-rich Aramco (SE:2222) in Saudi Arabia to tiny fracking firms in Oklahoma—has been hit hard this year by lower oil prices. In the U.S., as...
Oil prices, particularly WTI, continue to show extreme volatility. On Tuesday, Apr. 28 WTI plunged by 20% as the June contract experienced a major sell off. Then on Wednesday, WTI...
Equinor ASA (NYSE:EQNR) recently announced its downward revision of 2020 capital budget in the wake of a weak crude pricing scenario. So the company aims to prune capital...
Equinor ASA, formerly Volue AS is a Norway-based international energy company. The Company’s purpose is to turn natural resources into energy. Equinor sells crude oil and delivers natural gas to the European market. It is also engaged in processing, refining, offshore wind and carbon capture and storage activities. Equinor ASA has five reporting segments: Exploration & Production Norway (E&P Norway), Exploration & Production International (E&P International), Exploration & Production USA (E&P USA), Marketing, Midstream & Processing (MMP) and Renewables (REN). The Company has several subsidiaries such as Equinor Nigeria Energy Company Ltd, Equinor Wind Power AS, Equinor International Netherlands BV and Equinor Brasil Energia Ltda.
|Average||34.60 (-88.35% Downside)|
|No. of Analysts||26|
|Technical Indicators||Strong Buy||Strong Buy||Strong Sell||Neutral||Neutral|