Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. Norway
  4. Oslo Bors
  5. Equinor ASA
  6. News
  7. Summary
    EQNR   NO0010096985

EQUINOR ASA

(EQNR)
  Report
Real-time Oslo Bors  -  10:29 2022-12-05 am EST
368.25 NOK   +0.53%
07:27aEuropean Commission Eni's Entry in Sonatrach-Equinor JV
MT
02:01aEquinor Asa : Share buy-back
GL
12/04Energy hungry Europe can't look to U.S. shale to fill any OPEC gap
RE
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Argentina prepares bill to advance energy sector, including LNG exports

09/21/2022 | 05:24pm EST
FILE PHOTO: A drilling rig is seen at Vaca Muerta shale oil and gas drilling, in the Patagonian province of Neuquen

HOUSTON (Reuters) - Argentine President Alberto Fernandez on Wednesday said his government plans in coming days to submit legislation to the national congress that "would give certainty" to energy producers and help advance Argentina's liquefied natural gas (LNG) agenda.

The Vaca Muerta shale basin, the world's second largest unconventional gas reserve and the fourth largest oil reserve, gives the country strong advantages in oil and gas markets, he said, speaking to an audience of energy executives in Houston.

"I am convinced that based on the amount of reserves that Argentina has, we must think about designing a country where energy is the central axis," Fernandez told the audience that included executives from Chevron Corp , Exxon Mobil Corp , Equinor, Shell and Schlumberger.

The energy bill, being drafted with Economy Minister Sergio Massa, will encompass LNG, hydrogen, lithium, solar and other forms of energy, Fernandez said in remarks after the event.

The South American country will have an energy trade deficit again this year, Fernandez said, but the government expects that rising output in Vaca Muerta and the construction of a key domestic gas pipeline will reverse that deficit. By 2026 Argentina would register a $13 billion energy trade surplus, he said.

Energy companies operating in Argentina hope the gas line will be ready soon, executives in the meeting said, noting that a lack of sufficient capacity has delayed some gas production increase plans and held back output of oil and associated-gas.

(Reporting by Marianna Parraga; Editing by Leslie Adler and Marguerita Choy)

By Marianna Parraga


ę Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
BEACON ENERGY PLC 111.35% 0.175 Delayed Quote.-95.81%
BRENT OIL -3.57% 83.75 Delayed Quote.10.28%
CHEVRON CORPORATION -1.83% 177.61 Delayed Quote.54.27%
EQUINOR ASA 0.53% 368.25 Real-time Quote.55.28%
EURO / ARGENTINE PESO (EUR/ARS) 0.23% 177.5105 Delayed Quote.51.66%
EXXON MOBIL CORPORATION -2.18% 107.38 Delayed Quote.79.54%
S&P GSCI NATURAL GAS INDEX -9.71% 265.6616 Real-time Quote.68.39%
SCHLUMBERGER LIMITED -1.40% 52.03 Delayed Quote.76.26%
SHELL PLC 0.42% 2375.5 Delayed Quote.45.86%
US DOLLAR / ARGENTINE PESO (USD/ARS) 0.63% 169.14 Delayed Quote.63.69%
WTI -3.72% 78.112 Delayed Quote.6.45%
All news about EQUINOR ASA
07:27aEuropean Commission Eni's Entry in Sonatrach-Equinor JV
MT
02:01aEquinor Asa : Share buy-back
GL
12/04Energy hungry Europe can't look to U.S. shale to fill any OPEC gap
RE
12/01TotalEnergies to cut UK investment by 25% after windfall tax
RE
12/01Equinor Wins Norwegian Government Nod for Expanded Oseberg Gas Field Investment Plans
MT
12/01Norway gives go-ahead for Oseberg gas field expansion
RE
12/01Equinor : Plans for increased gas extraction from Oseberg approved
PU
11/30Equinor Hosts Women in Energy Lunch, Attended by Angola's Minister of Mineral Resources..
AQ
11/30Equinor Hosts Women in Energy Lunch, Attended by Angola's Minister of Mineral Resources..
AQ
11/30Election to Equinor's board of directors
GL
More news
Analyst Recommendations on EQUINOR ASA
More recommendations
Financials (USD)
Sales 2022 155 B - -
Net income 2022 24 206 M - -
Net cash 2022 15 686 M - -
P/E ratio 2022 4,62x
Yield 2022 6,90%
Capitalization 118 B 117 B -
EV / Sales 2022 0,66x
EV / Sales 2023 0,62x
Nbr of Employees 21 126
Free-Float 30,1%
Chart EQUINOR ASA
Duration : Period :
Equinor ASA Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends EQUINOR ASA
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 25
Last Close Price 37,32 $
Average target price 38,30 $
Spread / Average Target 2,62%
EPS Revisions
Managers and Directors
Anders Opedal President & Chief Executive Officer
Torgrim Reitan Chief Financial Officer & Executive Vice President
Jon Erik Reinhardsen Chairman
Jannicke Nilsson Chief Operating Officer
Siv Helen Rygh Torstensen Executive Vice President-Legal & Compliance
Sector and Competitors
1st jan.Capi. (M$)
EQUINOR ASA55.28%118 484
SAUDI ARABIAN OIL COMPANY1.40%1 930 563
SHELL PLC45.86%204 441
TOTALENERGIES SE31.95%154 713
PETROCHINA COMPANY LIMITED2.88%129 628
GAZPROM-42.32%74 714