UPDATE 1-Saudi Arabia buys stakes worth $1 bln in European oil companies -WSJ [Reuters]
Equinor ASA (EQNR)
Last equinor asa earnings: 2/6 12:43 am
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Source: Reuters
UPDATE 1-Saudi Arabia buys stakes worth $1 bln in European oil companies -WSJ (Adds details from report, background) April 8 (Reuters) - Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has accumulated stakes worth about $1 billion in four major European oil companies, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. The four companies are Norway's Equinor ASA, Anglo-Dutch energy company Royal Dutch Shell, France's Total SA and Italy's Eni SPA, according to the newspaper on.wsj.com/2USUBON. The fund built a stake of about $200 million in Equinor in the days around a sharp rally in oil prices last week, the Journal reported, adding it could not learn the size of the stakes bought in the other three companies, but that the combined stakes were worth about $1 billion. The purchase of the stakes comes during a downturn in the global oil and gas industry, as energy demand has slumped during the coronavirus outbreak. A Saudi offi
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News
- Reasons to Retain Equinor Stock in Your Portfolio for Now [Yahoo! Finance]Yahoo! Finance
- Equinor to cut renewables workforce due to offshore wind challenges [Yahoo! Finance]Yahoo! Finance
- Equinor ASA (NYSE: EQNR) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- Norway's Equinor Cuts 20% of Renewable Energy Staff [Yahoo! Finance]Yahoo! Finance
- Norway's Equinor cuts 20% of staff at its renewable energy division [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
EQNR
Earnings
- 10/24/24 - Beat
EQNR
Sec Filings
- 11/20/24 - Form 6-K
- 11/19/24 - Form 6-K
- 11/19/24 - Form 6-K
- EQNR's page on the SEC website