Igors AleksejevsInvestment thesis Equinor ASA (NYSE:EQNR) continues to impress with its capital returns, supported by this European major's sizable cash pile. The stock is also down 20% from my prior article, so I think my caution was justified:  Seeking AlphaAs oil (CL1:COM) appears to be strengthening and EQNR got quite oversold, I am now betting on a small bounce to the $28-$30 area. However, unlike Equinor's management, I remain bearish on European natural gas, which in fact was one of the risk fact ...