Equinor ASA

EQNR

NO0010096985

Integrated Oil & Gas

Market Closed - Oslo Bors Other stock markets 10:45:00 2026-01-20 am EST			5-day change	1st Jan Change
251.10 ^NOK	+1.45%		+1.91%	+5.95%

Jan. 20	Norne Securities Downgrades Equinor to Sell	MT
Jan. 20	Equinor Postpones Wisting Investment Decision to 2027	FW

Citi Predicts Decline in Gas Prices - Recommends Shorting Equinor

Published on 12/01/2025 at 05:14 am EST

Finwire - Translated by Marketscreener - See original

EQUINOR ASA

+1.45%

CONOCOPHILLIPS

-2.72%

BP PLC

-0.01%

Investment bank Citi anticipates a significant drop in gas prices and is advising investors to take a short position in Norwegian oil giant Equinor.

For 2026, Citi recommends buying British BP and ConocoPhillips, while suggesting the sale of Equinor and Neste, according to the Norwegian financial newspaper Finansavisen.

Equinor is seen as a bet on falling gas prices.

"The consensus from Visible Alpha uses a gas price of $10.4 per MMBtu for 2026 and $8.6 per MMBtu for 2027. Both are higher than the $5-8 per MMBtu range we expect prices to move towards," writes Citi.

Citi has previously maintained a sell recommendation on Equinor, according to Bloomberg's database.

Stocks mentioned in the article

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
EQUINOR ASA	251.10NOK	+1.45%	+1.91%	61.47B
CONOCOPHILLIPS	95.52USD	-2.72%	-0.97%	121B
BP PLC	437.65GBX	-0.01%	+0.17%	90.6B

Latest news about Equinor ASA

Jan. 20	Norne Securities Downgrades Equinor to Sell	MT
Jan. 20	Equinor Postpones Wisting Investment Decision to 2027	FW
Jan. 20	Norway's overall oil, gas output beats forecast in December	RE
Jan. 20	Equinor and Orlen make North Sea gas, condensate discovery	RE
Jan. 20	Equinor Makes Gas Discovery	FW
Jan. 20	Norne Securities Downgrades Equinor to Sell (Hold), Sets Price Target at 250 Norwegian Kroner - BN	FW
Jan. 19	AlphaValue/Baader Europe Downgrades Equinor to Reduce, Lifts PT	MT
Jan. 19	Grupo Santander Downgrades Equinor to Underperform Rating, Lowers PT	MT
Jan. 19	Equinor Discovers Oil in the Norwegian Sea	FW
Jan. 19	Santander Downgrades Equinor to Underperform (Neutral), Sets Target Price at 250 Norwegian Kroner - BN	FW
Jan. 16	European Equities Traded in the US as American Depositary Receipts Lower in Friday Trading; Rise 2% for Week	MT
Jan. 16	Halliburton and Its Rivals Can't Wait to Get Back Into Venezuela -- Commodities Roundup	DJ
Jan. 16	US judge allows Dominion offshore wind project to restart, another legal setback for Trump	RE
Jan. 16	European Midday Briefing : Shares Fall but Greenland Concerns Lift Defense Stocks	DJ
Jan. 16	So Central Iran
Jan. 16	Vår Energi's Barents Sea Field Tests Confirm Oil Quality, Volumes	MT
Jan. 16	Var Energi Delivers Successful Well Test Results at the Goliat Ridge	CI
Jan. 16	Vår Energi Reports Positive Drilling Tests at Goliat Ridge	FW
Jan. 16	US Offshore Wind Project with Iberdrola Stake Seeks to Lift Trump-Imposed Pause	RE
Jan. 16	Equinor Resumes Construction of Empire Wind Offshore Project in the United States	FW
Jan. 16	HSBC Lowers Target Price for Equinor to 245 Norwegian Kroner (250), Reiterates Hold - BN	FW
Jan. 15	Equinor Obtains Preliminary Injunction Against Suspension of Wind Project Offshore New York	MT
Jan. 15	Utilities Up on Rotation Into Defensive Sectors -- Utilities Roundup	DJ
Jan. 15	Sector Update: Energy Stocks Fall Late Afternoon	MT
Jan. 15	Sector Update: Energy	MT

Chart Equinor ASA

Duration

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EQNR: Dynamic Chart

Company Profile

Equinor ASA is Scandinavia's No. 1 oil group. Net sales break down by activity as follows: - refining and distribution of oil products (98.7%): purchasing and sales of crude oil, production of methanol and distribution of refined products. The group is also involved in transformation, transport and sale of natural gas; - exploration and production of petrol and natural gas (1.1%); - other (0.2%).

Employees

24,384

Sector

Integrated Oil & Gas

Calendar

Feb. 03 - Q4 2025 Earnings Release

More about the company