- Equinor‘s adjusted operating income after tax was $2.04 billion, surpassing the estimate of $2 billion.
- The adjusted operating income was $6.89 billion, slightly below the estimate of $7.23 billion.
- Average production was recorded at 1.98 million barrels of oil equivalent per day, under the estimate of 2.03 million.
- The dividend per share was announced at 35 cents.
- Equinor has enhanced its capacity in the gas value chain over time.
- This upgrade has led to record-high production levels from the Troll field during the gas year.
- Analyst recommendations showed 8 buy ratings, 18 holds, and 8 sells for Equinor‘s stock.
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A look at Equinor Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Equinor ASA, an energy company with a diverse portfolio in oil, gas, wind, and solar energy projects, is poised for a promising long-term outlook according to Smartkarma Smart Scores. With a solid rating of 3 for Value, Equinor is considered to have a competitive edge in terms of its worth relative to its price. Additionally, its high score of 5 in Growth indicates strong potential for expansion and development in the future. Coupled with a robust rating of 4 for Dividend and Resilience, demonstrating stability and regular payouts to shareholders, Equinor showcases a well-rounded performance profile.
However, despite its overall positive outlook, Equinor seems to have room for improvement in Momentum, with a score of 2. This suggests a slower pace in terms of market traction and investor interest. Nevertheless, based on the analysis of Smartkarma Smart Scores, Equinor‘s strengths in growth, value, dividend, and resilience bode well for its future prospects in the energy sector, aligning with its global presence and focus on offshore operations and exploration services.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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