Equinor

Goodbye to double-digit shareholder returns in the medium term

12/02/24 -"We maintain our Reduce recommendation following the FY23 results due to: i) FY24 capex guidance provided at the CMU is higher than AV's estimates ($13bn vs. $12bn). Additionally, the medium-term ..."

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55
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English
Published on
12/02/24
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From REDUCE to ADD

EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

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