• (PLX AI) – Equinor shares were seen rising after the company posted record high free cash flow generation in the second quarter.
  • • Q2 net operating income and dividend also were ahead of estimates
  • • Adjusted EBIT missed consensus, but the some analysts may have not yet taken into consideration weak NPD June production numbers
  • • While the 4% miss at the EBIT level could be negatively perceived at first sight, the strong free cash flow generation combined with quick deleveraging will
  • likely be the focus, analysts at Bank of America said
  • • BofA maintained a buy rating for Equinor, with price target NOK 208

Quelle: PLX AI