Equinor: 14% Yield, Near 52-Week Low (Rating Upgrade)
EQNREquinor(EQNR) Seeking Alpha·2024-02-16 22:15
Anton Petrus/Moment via Getty Images Much lower Natural Gas prices (NG1:COM) affected the top and bottom lines of integrated oil majors in 2023. Among those firms affected, Equinor ASA (NYSE:EQNR) of Norway had a major decline in earnings. I last wrote about EQNR here with a Hold rating. fnvz The Russian invasion of Ukraine caused a major realignment in Natural Gas sourcing in Europe in 2022, which resulted in a record year for EQNR. However, as detailed below, EQNR's 2023 earnings weren't exactly paltr ...