Equinor

Severe tensions in the Middle East and advances by Huthi rebels threaten shipping routes such as Bab al‑Mandab and the Strait of Hormuz, further constraining LNG exports from the Persian Gulf. The TTF futures contract has risen above €80/MWh and has doubled since July, while European gas storage levels remain significantly underfilled. As the largest gas producer in Western Europe, Equinor supplies a substantial share of European demand and thus directly benefits from higher prices, so the outlook for the company is viewed as positive. » Más en deraktionaer.de

Gas prices in Europe reached a multi-year high, driven by the blockade of the Strait of Hormuz and low German storage levels (54 percent). As the largest Western European gas producer, Equinor is advantaged as an important supplier to Germany. Chancellor Friedrich Merz warned against frantic gas buying and sees winter supply as fundamentally secure, while operators are calling for better framework conditions for filling storage. A further rise in prices would support the outlook for Equinor shares. » Más en deraktionaer.de

If the coming winter is unusually cold, Germany’s gas storage facilities could be empty as early as early February according to model calculations, which would increase demand for gas deliveries. Currently storage levels are around 54 percent, well below last year’s level, and injections are delayed despite booked capacities. As the largest gas producer in Western Europe, Equinor is seen as the main beneficiary of the tight situation; the stock recently reached a new all-time high and remains attractively valued because of its dividend and chart performance. Experts are calling for political incentives to accelerate injections, while the Federal Network Agency currently describes the supply situation as secure. » Más en deraktionaer.de